Stocktoria
MANHATTAN ASSOCIATES INC MANH
MANHATTAN ASSOCIATES INC (MANH) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2025 revenue was $1.1B at a 20.3% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -3.4 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-05-29 | Barclays | Overweight (main) |
| 2026-05-20 | DA Davidson | Buy (main) |
| 2026-04-23 | Barclays | Overweight (main) |
| 2026-04-22 | Citigroup | Buy (main) |
| 2026-04-22 | Baird | Outperform (main) |
| 2026-04-22 | Stifel | Buy (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Services · percentile among 982 companies
Percentile vs other Services companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 5/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.152 |
| Retained earnings / assets | 0.411 |
| EBIT / assets | 0.333 |
| Equity / liabilities | 0.6 |
Sector peers · similar-size Services companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| MANH | MANHATTAN ASSOCIATES INC | 5/9 | 5.21 | 37.1 | +3.7% |
| DUOL | Duolingo, Inc. | 3/9 | 6.04 | 13.7 | +38.7% |
| BLKB | BLACKBAUD INC | 8/9 | -0.1 | 11.7 | -2.3% |
| ALRM | Alarm.com Holdings, Inc. | 2/9 | 3.8 | — | +7.6% |
| TENB | Tenable Holdings, Inc. | 5/9 | -1.62 | — | +11% |
| BOX | BOX INC | 5/9 | -1.28 | 31.8 | +8% |
| CVLT | COMMVAULT SYSTEMS INC | 5/9 | -0.09 | 82.1 | +18.9% |
About MANHATTAN ASSOCIATES INC
Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It offers warehouse management solution for managing goods and information across the distribution centers; Manhattan Active Warehouse Management, a cloud native and version less application for the associate; and transportation management solution for helping shippers navigate their way through the demands and meet customer service expectations at the lowest possible freight costs; Manhattan SCALE, a portfolio of logistics execution solution; and Manhattan Active Omni, which offers order management, store inventory and fulfillment, call center, POS, and customer engagement tools for enterprises and stores. The company also provides demand forecasting and replenishment, allocation, and unified business planning; technology platform including Manhattan Active Platform solutions, a cloud-native product designed to provide version-less product access; maintenance services, which offers on-premises software licensees with software upgrades for additional or improved functionality and technological advances; and professional services, such as solutions planning and implementation, and related consulting services. In addition, it provides training and change management services; and resells computer hardware, radio frequency terminal networks, radio frequency identification chip readers, bar code printers and scanners, and other peripherals. The company offers products through direct sales personnel and partnership agreements with various organizations. It serves retail, consumer goods, food and grocery, logistics service providers, industrial and wholesale, high technology and electronics, life sciences, and government industries. The company operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Manhattan Associates, Inc. was founded in 1990 and is headquartered in Atlanta, Georgia.
FAQ
Is MANH financially healthy?
MANHATTAN ASSOCIATES INC's Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does MANH pay a dividend?
No, MANHATTAN ASSOCIATES INC does not currently pay a dividend.
How profitable is MANH?
In FY2025, MANHATTAN ASSOCIATES INC had a net margin of 20.3% and a return on equity of 69.9%.
Is MANH overvalued or undervalued?
MANHATTAN ASSOCIATES INC trades at about 53.5× trailing earnings — below its 10-year norm (10-year range 29.8×–86.0×, median 64.2×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for MANH?
The average Wall-Street price target for MANHATTAN ASSOCIATES INC is $184.00, about 4.5% below the recent price, from 11 analysts (consensus: buy).
Is MANH a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on MANHATTAN ASSOCIATES INC: a Piotroski F-score of 5/9, an Altman Z″ in the safe zone, a P/E of about 37.1×. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.