Q1 Earnings Estimate for MANH Issued By DA Davidson

Manhattan Associates, Inc. (NASDAQ:MANH) – Equities research analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of Manhattan Associates in a report released on Monday, March 24th. DA Davidson analyst W. Jellison expects that the software maker will post earnings of $0.66 per share for the quarter. DA Davidson currently has a “Strong-Buy” rating on the stock. The consensus estimate for Manhattan Associates’ current full-year earnings is $3.30 per share. DA Davidson also issued estimates for Manhattan Associates’ FY2025 earnings at $3.63 EPS.

Other equities research analysts have also issued research reports about the stock. StockNews.com lowered shares of Manhattan Associates from a “buy” rating to a “hold” rating in a research note on Monday, January 13th. Truist Financial lowered their target price on Manhattan Associates from $310.00 to $285.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. William Blair upgraded Manhattan Associates from a “market perform” rating to an “outperform” rating in a research note on Thursday, February 13th. Loop Capital lowered their price objective on Manhattan Associates from $310.00 to $275.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. Finally, Raymond James dropped their price objective on shares of Manhattan Associates from $305.00 to $270.00 and set an “outperform” rating on the stock in a report on Wednesday, January 29th. Three equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $243.78.

Manhattan Associates Stock Performance

Shares of MANH stock opened at $174.82 on Wednesday. The firm has a market cap of $10.69 billion, a price-to-earnings ratio of 49.81 and a beta of 1.47. Manhattan Associates has a 52 week low of $163.10 and a 52 week high of $312.60. The firm’s 50-day simple moving average is $198.17 and its two-hundred day simple moving average is $252.30.

Insider Buying and Selling at Manhattan Associates

In other Manhattan Associates news, CFO Dennis B. Story sold 2,788 shares of the firm’s stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $170.83, for a total value of $476,274.04. Following the completion of the transaction, the chief financial officer now directly owns 101,263 shares of the company’s stock, valued at $17,298,758.29. This trade represents a 2.68 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.72% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in MANH. Vanguard Group Inc. grew its position in Manhattan Associates by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 6,702,557 shares of the software maker’s stock worth $1,811,299,000 after buying an additional 50,538 shares in the last quarter. FMR LLC boosted its position in shares of Manhattan Associates by 16.2% during the 4th quarter. FMR LLC now owns 2,227,669 shares of the software maker’s stock valued at $602,005,000 after acquiring an additional 310,257 shares during the last quarter. State Street Corp grew its holdings in shares of Manhattan Associates by 0.6% during the third quarter. State Street Corp now owns 2,203,139 shares of the software maker’s stock worth $619,918,000 after purchasing an additional 12,787 shares in the last quarter. Franklin Resources Inc. increased its position in shares of Manhattan Associates by 43.2% in the fourth quarter. Franklin Resources Inc. now owns 1,916,509 shares of the software maker’s stock worth $517,917,000 after purchasing an additional 578,295 shares during the last quarter. Finally, Invesco Ltd. raised its stake in Manhattan Associates by 3.1% in the fourth quarter. Invesco Ltd. now owns 1,861,160 shares of the software maker’s stock valued at $502,960,000 after purchasing an additional 55,334 shares in the last quarter. Institutional investors own 98.45% of the company’s stock.

Manhattan Associates Company Profile

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, POS, and customer engagement tools for enterprises and stores.