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Why MANHATTAN ASSOCIATES INC (NASDAQ:MANH) qualifies as a high growth stock.

By Mill Chart

Last update: Nov 22, 2023

In this article we will dive into MANHATTAN ASSOCIATES INC (NASDAQ:MANH) as a possible candidate for growth investing. Investors should always do their own research, but we noticed MANHATTAN ASSOCIATES INC showing up in our Louis Navellier growth screen, which makes it worth to investigate a bit more.

What matters for growth investors.

  • MANHATTAN ASSOCIATES INC exhibits a strong Return on Equity (ROE) of 78.87%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
  • MANHATTAN ASSOCIATES INC has consistently exceeded EPS estimates in the last 4 quarters, demonstrating its ability to outperform market expectations. This trend highlights the company's strong financial performance and its potential for future growth.
  • With notable 1-year revenue growth of 20.0%, MANHATTAN ASSOCIATES INC exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for future growth.
  • MANHATTAN ASSOCIATES INC has demonstrated strong q2q revenue growth of 20.36%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
  • With positive growth in its operating margin over the past year, MANHATTAN ASSOCIATES INC showcases its ability to improve profitability through effective cost control and operational efficiency. This growth underscores the company's commitment to enhancing its financial performance.
  • MANHATTAN ASSOCIATES INC has experienced notable growth in its free cash flow (FCF) over the past year, signaling improved cash generation and strong financial performance. This growth suggests the company's ability to generate excess cash for reinvestment or shareholder returns.
  • MANHATTAN ASSOCIATES INC has demonstrated consistent growth in its earnings per share (EPS) from one quarter to another (Q2Q), with a 59.09% increase. This indicates improving financial performance and the company's effective management of its operations.
  • Over the past 3 months, analysts have adjusted their EPS Estimate for MANHATTAN ASSOCIATES INC with a 21.47% change. This highlights the evolving outlook on the company's EPS potential.
  • The recent financial report of MANHATTAN ASSOCIATES INC demonstrates a 59.09% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
  • The earnings per share (EPS) growth of MANHATTAN ASSOCIATES INC are accelerating: the current Q2Q growth of 59.09% is above the previous year Q2Q growth of -7.04%. Earnings momentum and acceleration are key for high growth systems.

Zooming in on the fundamentals.

ChartMill assigns a Fundamental Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple fundamental indicators and properties.

MANH gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 279 industry peers in the Software industry. MANH scores excellent points on both the profitability and health parts. This is a solid base for a good stock. MANH is valued quite expensively, but it does show have an excellent growth rating. These ratings would make MANH suitable for growth and quality investing!

For an up to date full fundamental analysis you can check the fundamental report of MANH

Our Lois Navellier screen will find you more ideas suited for growth investing.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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MANHATTAN ASSOCIATES INC

NASDAQ:MANH (4/18/2024, 7:06:42 PM)

After market: 230.44 0 (0%)

230.44

+2.01 (+0.88%)

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