Manhattan Associates, Inc. (MANH) Reaches $41.79 Formed H&S; Emerge Energy Services Lpunits Representin (EMES) Sellers Decreased By 10.75% Their Shorts

Manhattan Associates, Inc. (NASDAQ:MANH) Logo

Manhattan Associates, Inc. (MANH) formed H&S with $40.54 target or 3.00% below today’s $41.79 share price. Manhattan Associates, Inc. (MANH) has $2.84 billion valuation. The stock increased 1.31% or $0.54 during the last trading session, reaching $41.79. About 399,954 shares traded. Manhattan Associates, Inc. (NASDAQ:MANH) has declined 16.55% since April 11, 2017 and is downtrending. It has underperformed by 28.10% the S&P500.

Emerge Energy Services Lpunits Representin (NYSE:EMES) had a decrease of 10.75% in short interest. EMES’s SI was 1.34M shares in April as released by FINRA. Its down 10.75% from 1.50 million shares previously. With 581,700 avg volume, 2 days are for Emerge Energy Services Lpunits Representin (NYSE:EMES)’s short sellers to cover EMES’s short positions. The SI to Emerge Energy Services Lpunits Representin’s float is 6.78%. The stock increased 6.33% or $0.42 during the last trading session, reaching $7.05. About 349,371 shares traded. Emerge Energy Services LP (NYSE:EMES) has declined 47.44% since April 11, 2017 and is downtrending. It has underperformed by 58.99% the S&P500.

Among 7 analysts covering Manhattan Assoc (NASDAQ:MANH), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Manhattan Assoc has $80 highest and $45 lowest target. $68.40’s average target is 63.68% above currents $41.79 stock price. Manhattan Assoc had 14 analyst reports since July 22, 2015 according to SRatingsIntel. On Wednesday, August 23 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. SunTrust maintained Manhattan Associates, Inc. (NASDAQ:MANH) on Wednesday, February 7 with “Buy” rating. As per Wednesday, February 1, the company rating was maintained by Benchmark. The company was initiated on Tuesday, September 29 by William Blair. The stock has “Buy” rating by SunTrust on Wednesday, November 15. Lake Street initiated it with “Buy” rating and $80 target in Monday, October 19 report. The firm earned “Buy” rating on Tuesday, October 3 by SunTrust. The stock has “Mkt Perform” rating by Raymond James on Monday, January 9. The company was downgraded on Thursday, April 28 by William Blair. The firm has “Buy” rating by Benchmark given on Wednesday, July 22.

Since March 13, 2018, it had 0 buys, and 2 selling transactions for $415,863 activity. The insider Richards Bruce sold $252,368. $163,495 worth of stock was sold by HUNTZ JOHN J JR on Tuesday, March 13.

Investors sentiment decreased to 1.06 in Q4 2017. Its down 0.27, from 1.33 in 2017Q3. It turned negative, as 37 investors sold Manhattan Associates, Inc. shares while 71 reduced holdings. 31 funds opened positions while 84 raised stakes. 70.83 million shares or 1.69% less from 72.05 million shares in 2017Q3 were reported. Advisory Svcs Ntwk Lc holds 4,651 shares or 0.02% of its portfolio. Whittier holds 0.07% or 39,786 shares in its portfolio. Bank Of Montreal Can holds 0% or 29,529 shares in its portfolio. 48,339 were reported by Gsa Cap Prtnrs Limited Liability Partnership. Prudential Pcl accumulated 535,621 shares or 0.08% of the stock. Mason Street Advisors Limited Liability Corporation holds 0.04% in Manhattan Associates, Inc. (NASDAQ:MANH) or 33,958 shares. State Board Of Administration Of Florida Retirement Sys reported 84,981 shares or 0.01% of all its holdings. Numeric Lc holds 0.13% in Manhattan Associates, Inc. (NASDAQ:MANH) or 351,100 shares. Ubs Asset Mgmt Americas, a Illinois-based fund reported 103,252 shares. Glenmede Trust Na owns 10,464 shares for 0% of their portfolio. Bbva Compass Bancshares owns 11,707 shares for 0.04% of their portfolio. Geode Mgmt Limited Liability has 0.01% invested in Manhattan Associates, Inc. (NASDAQ:MANH) for 600,239 shares. New York State Common Retirement Fund stated it has 0.07% in Manhattan Associates, Inc. (NASDAQ:MANH). Ghp Inv Advisors Inc reported 0.18% of its portfolio in Manhattan Associates, Inc. (NASDAQ:MANH). Ahl Prtnrs Llp owns 123,781 shares.

Analysts await Manhattan Associates, Inc. (NASDAQ:MANH) to report earnings on April, 19. They expect $0.26 earnings per share, down 35.00% or $0.14 from last year’s $0.4 per share. MANH’s profit will be $17.67M for 40.18 P/E if the $0.26 EPS becomes a reality. After $0.40 actual earnings per share reported by Manhattan Associates, Inc. for the previous quarter, Wall Street now forecasts -35.00% negative EPS growth.

Among 14 analysts covering Emerge Energy Services (NYSE:EMES), 6 have Buy rating, 2 Sell and 6 Hold. Therefore 43% are positive. Emerge Energy Services had 41 analyst reports since July 30, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Wednesday, December 21 by Stifel Nicolaus. Wunderlich maintained Emerge Energy Services LP (NYSE:EMES) on Friday, October 23 with “Hold” rating. Stifel Nicolaus upgraded the stock to “Buy” rating in Thursday, May 4 report. The company was upgraded on Thursday, September 29 by Wunderlich. The firm has “Buy” rating given on Thursday, August 3 by Stifel Nicolaus. The stock of Emerge Energy Services LP (NYSE:EMES) earned “Underperform” rating by DA Davidson on Monday, June 13. Robert W. Baird upgraded the shares of EMES in report on Thursday, July 30 to “Outperform” rating. The stock has “Hold” rating by Cowen & Co on Wednesday, October 18. The rating was downgraded by Seaport Global Securities on Friday, October 23 to “Neutral”. Cowen & Co maintained Emerge Energy Services LP (NYSE:EMES) rating on Thursday, August 10. Cowen & Co has “Hold” rating and $1200 target.

Investors sentiment increased to 0.82 in Q4 2017. Its up 0.24, from 0.58 in 2017Q3. It improved, as 7 investors sold Emerge Energy Services LP shares while 15 reduced holdings. 11 funds opened positions while 7 raised stakes. 5.38 million shares or 20.77% less from 6.79 million shares in 2017Q3 were reported. Lpl Finance Ltd Liability Com owns 45,654 shares or 0% of their US portfolio. Stratos Wealth Partners, Ohio-based fund reported 550 shares. 259,047 are held by Walleye Trading Ltd Limited Liability Company. Gsa Prtnrs Llp invested in 0.09% or 202,297 shares. California Pub Employees Retirement Sys has 0% invested in Emerge Energy Services LP (NYSE:EMES). Morgan Stanley holds 462,748 shares. Blair William Il reported 68,175 shares. Cushing Asset Mngmt Lp owns 232,794 shares. Us Natl Bank De holds 0% or 100 shares. Ing Groep Nv has 0.02% invested in Emerge Energy Services LP (NYSE:EMES). Goldman Sachs Gp, a New York-based fund reported 110,864 shares. Castleark Mgmt Ltd Liability accumulated 99,118 shares. Manufacturers Life Ins Co The reported 1,207 shares or 0% of all its holdings. Pnc Fincl Gp reported 4,500 shares or 0% of all its holdings. 26,971 are held by Credit Investments Limited Company.

Manhattan Associates, Inc. (NASDAQ:MANH) Institutional Positions Chart