Why the Boscov\u2019s deal matters for Manhattan Associates <\/p>\n
Boscov\u2019s new partnership with Manhattan Associates (MANH) to deploy the cloud native ActiveOrder platform puts fresh attention on how this software provider fits into the ecommerce fulfillment stack.<\/p>\n
The rollout aims to unify Boscov\u2019s inventory, order management and store fulfillment on a single system. This gives investors a concrete example of how Manhattan Associates\u2019 technology is used inside a large department store network.<\/p>\n
Recent trading has been strong. Manhattan Associates\u2019 share price has a 90 day return of 51.75% and a 30 day share price return of 7.17%. The 5 year total shareholder return of 35.57% points to a steadier, longer term payoff profile, even as the Boscov\u2019s agreement adds fresh attention to the story.<\/p>\n
Capitalize on the Boscov\u2019s momentum around Manhattan Associates by scanning a curated set of retail and ecommerce infrastructure plays in our 60 AI infrastructure stocks<\/a>. <\/p>\n Manhattan Associates now trades only slightly below the average analyst target, while its intrinsic value estimate sits well under the current price. Is this caution about the recent surge overly careful or entirely reasonable?<\/p>\n Most Popular Narrative: 18% Overvalued <\/p>\n Against the last close of $211.54, the most followed narrative pegs Manhattan Associates\u2019 fair value at $180. The recent rally now leans ahead of that framework and puts more weight on the assumptions embedded in its cloud and margin forecasts.<\/p>\n The assumed bearish price target for Manhattan Associates is $180.0, which represents up to two standard deviations below the consensus price target of $207.0. This valuation is based on what can be assumed as the expectations of Manhattan Associates’s future earnings growth, profit margins and other risk factors from analysts on the more bearish end of the spectrum.<\/p>\n See why 5 investors see Manhattan Associates as 18% overvalued<\/a>.<\/p>\n Result: Fair Value of $180 (OVERVALUED)<\/p>\n Still, stronger cloud momentum and AI recognition at Manhattan Associates could pressure bearish assumptions if those product launches continue to translate into higher contracted work and earnings power.<\/p>\n Find out about the key risks to this Manhattan Associates narrative<\/a>.<\/p>\n Next Steps <\/p>\n Plenty in this article leans cautious on Manhattan Associates, yet optimism keeps creeping back in. Move quickly and test the assumptions against your own thresholds using the 1 key reward and 1 important warning sign<\/a>.<\/p>\n Looking for more Manhattan Associates style ideas? <\/p>\n If Manhattan Associates has your attention, do not stop here. Broaden your watchlist with other clear setups that could suit your approach before the crowd catches on.<\/p>\n This article by Simply Wall St is general in nature. We provide commentary based on historical data New: Manage All Your Stock Portfolios in One Place<\/p>\n We’ve created the ultimate portfolio companion for stock investors, and it’s free.<\/p>\n \u2022 Connect an unlimited number of Portfolios and see your total in one currency Try a Demo Portfolio for Free<\/a><\/p>\n Have feedback on this article? Concerned about the content? Get in touch<\/a> with us directly. Alternatively, email editorial-team@simplywallst.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Why the Boscov\u2019s deal matters for Manhattan Associates Boscov\u2019s new partnership with Manhattan Associates (MANH) to deploy the…\n","protected":false},"author":2,"featured_media":346953,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[75,84,83,9,24,63],"class_list":["post-346952","post","type-post","status-publish","format-standard","has-post-thumbnail","category-manhattan","tag-manhattan","tag-manhattan-headlines","tag-manhattan-news","tag-new-york","tag-new-york-city","tag-nyc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/346952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=346952"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/346952\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/346953"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=346952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=346952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=346952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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