NASDAQ:MANH—Positioned as a High-Growth Stock, Ready for a Potential Breakout.

Exploring Growth Potential: MANHATTAN ASSOCIATES INC (NASDAQ:MANH) and Its Base Formation. Growth investors seek promising revenue and EPS growth, and MANHATTAN ASSOCIATES INC has come under our scrutiny for potential growth investing. While it's crucial to do your own research, we've detected MANHATTAN ASSOCIATES INC on our screen for growth with base formation, suggesting it merits a closer look.

Assessing Growth Metrics for NASDAQ:MANH

To evaluate a stock's growth potential, ChartMill utilizes a Growth Rating on a scale of 0 to 10. This comprehensive assessment considers various growth aspects, including historical and estimated EPS and revenue growth. NASDAQ:MANH has achieved a 8 out of 10:

• The Earnings Per Share has grown by an impressive 36.19% over the past year.
• Measured over the past years, MANH shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.00% on average per year.
• Looking at the last year, MANH shows a quite strong growth in Revenue. The Revenue has grown by 17.49% in the last year.
• Measured over the past years, MANH shows a quite strong growth in Revenue. The Revenue has been growing by 10.68% on average per year.
• Based on estimates for the next years, MANH will show a very strong growth in Earnings Per Share. The EPS will grow by 22.41% on average per year.
• MANH is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.22% yearly.
• The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.

What does the Health looks like for NASDAQ:MANH

ChartMill utilizes a Health Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of liquidity and solvency ratios, both in absolute terms and in comparison to industry peers. NASDAQ:MANH has earned a 9 out of 10:

• An Altman-Z score of 25.57 indicates that MANH is not in any danger for bankruptcy at the moment.
• With an excellent Altman-Z score value of 25.57, MANH belongs to the best of the industry, outperforming 97.17% of the companies in the same industry.
• There is no outstanding debt for MANH. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
• The current and quick ratio evaluation for MANH is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.

How do we evaluate the Profitability for NASDAQ:MANH?

ChartMill's Profitability Rating offers a unique perspective on stock analysis, providing scores from 0 to 10. These ratings consider a wide range of profitability metrics and margins, both in comparison to industry peers and on their own merits. For NASDAQ:MANH, the assigned 8 is a significant indicator of profitability:

• The Return On Assets of MANH (30.77%) is better than 99.29% of its industry peers.
• MANH has a Return On Equity of 85.07%. This is amongst the best in the industry. MANH outperforms 99.29% of its industry peers.
• Looking at the Return On Invested Capital, with a value of 64.58%, MANH belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
• Measured over the past 3 years, the Average Return On Invested Capital for MANH is significantly above the industry average of 10.03%.
• The 3 year average ROIC (47.73%) for MANH is below the current ROIC(64.58%), indicating increased profibility in the last year.
• MANH has a better Profit Margin (20.54%) than 89.05% of its industry peers.
• With an excellent Operating Margin value of 23.89%, MANH belongs to the best of the industry, outperforming 92.93% of the companies in the same industry.

Why is NASDAQ:MANH a setup?

Alongside the Technical Rating, ChartMill assigns a Setup Rating to evaluate the consolidation level of a stock. This rating, ranging from 0 to 10, is updated daily and considers various short-term technical indicators. The current setup rating for NASDAQ:MANH is 7:

Besides having an excellent technical rating, MANH also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 244.18, a Stop Loss order could be placed below this zone.

Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.

Our latest full fundamental report of MANH contains the most current fundamental analsysis.

Check the latest full technical report of MANH for a complete technical analysis.

Disclaimer

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.