MANH
BuyPremium GrowerAI neutralManhattan Associates, Inc. · Technology · United States · $13.9B cap · $150.0M/day traded
$238.19 -1.6% · close 23 Oct · scored 24 Oct
Premium Grower: Strong business with the market behind it, priced at a premium.
Report expected 27 Oct: the next-year EPS estimate has risen 2.9% over the last 14 weeks.
As of 24 Oct 2026, MoatMap's StockRank for Manhattan Associates, Inc. (MANH) is 79/100, ranked against 24,000+ stocks in 35 markets (Quality 81, Value 20, Momentum 73, each scored against its sector).
Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
Manhattan Associates sells warehouse, transportation and order management software to large retailers and distributors, and is a leader in supply chain execution. It is asset-light, debt-free and buys back shares, and it reported record cloud growth in the second quarter of 2026, with new customer wins such as Boscov's. Freight disruption raises the value of better supply chain software. However, the shares still trade at a high multiple of earnings, and new product editions and the move to cloud contracts add uncertainty to near-term growth.
ABOUT MANHATTAN ASSOCIATES, INC.
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Manhattan Associates develops and sells supply chain commerce software, including warehouse management, transportation management, and omni-channel order fulfillment solutions. As a market leader in supply chain management software, it is known for its robust and highly functional platform, especially its Warehouse Management System (WMS). The company is a specialized enterprise software provider, critical for the operational efficiency and omni-channel strategies of global retailers and manufacturers.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 767.1M | 928.7M | 1.0B | 1.1B | 12.1% | 1.1B | 1.2B | 1.3B | 8.1% |
| EPS | 2.05 | 2.86 | 3.56 | 3.64 | 21.1% | 3.48 | 3.95 | 4.41 | 10.0% |
| Shares | 62.2M | 61.6M | 60.9M | 59.8M | -3.8% | 58.3M | — | — | — |
| Debt | 14.1M | 17.7M | 47.8M | 56.2M | 58.7% | 53.9M | — | — | — |
| Equity | 226.8M | 278.3M | 299.1M | 314.8M | 11.5% | — | — | — | — |
| Op CF | 179.6M | 246.2M | 295.0M | 389.5M | 29.4% | 414.9M | — | — | — |
| Inv CF | -6.6M | -4.7M | -8.7M | -15.5M | — | — | — | — | — |
| Fin CF | -204.5M | -196.0M | -286.4M | -315.2M | — | — | — | — | — |
Above its 200-day average and 2% below its 52-week high.
Swung more than 59% of stocks we rank over the past year (47% a year).
How this is worked out
StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of MANH are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| MANH | Manhattan Associates, Inc.(you) | $13.9B | 79 | Buy |
| SSNC | SS&C Technologies Holdings, Inc. | $19.5B | 80 | Buy |
| PAYC | Paycom Software, Inc. | $12.4B | 87 | Strong Buy |
| BSY | Bentley Systems, Incorporated | $12.0B | 70 | Buy |
| APPF | AppFolio, Inc. | $7.5B | 80 | Buy |
| CHYM | Chime Financial, Inc. | $11.2B | 67 | Buy |
| PTC | PTC Inc. | $21.1B | 87 | Strong Buy |
| HUBS | HubSpot, Inc. | $13.9B | 61 | Hold |
| PCTY | Paylocity Holding Corporation | $9.2B | 91 | Strong Buy |
| TYL | Tyler Technologies, Inc. | $16.0B | 60 | Hold |
Peer medians: ROE 4.7% · P/E 32.6x · Gross margin 52.1%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.