
Manhattan Associates, Inc. (NASDAQ:MANH – Free Report) – Equities researchers at William Blair increased their FY2025 EPS estimates for Manhattan Associates in a research report issued on Wednesday, October 22nd. William Blair analyst D. Becker now forecasts that the software maker will earn $3.49 per share for the year, up from their previous forecast of $3.28. The consensus estimate for Manhattan Associates’ current full-year earnings is $3.30 per share. William Blair also issued estimates for Manhattan Associates’ Q4 2025 earnings at $0.71 EPS, Q1 2026 earnings at $0.87 EPS, Q3 2026 earnings at $1.01 EPS, Q4 2026 earnings at $0.94 EPS and FY2026 earnings at $3.80 EPS.
A number of other equities research analysts have also issued reports on MANH. DA Davidson set a $250.00 price target on shares of Manhattan Associates in a report on Wednesday. Weiss Ratings restated a “hold (c)” rating on shares of Manhattan Associates in a report on Saturday. Barclays cut their price target on shares of Manhattan Associates from $247.00 to $244.00 and set an “overweight” rating on the stock in a report on Wednesday. Stifel Nicolaus cut their price target on shares of Manhattan Associates from $250.00 to $240.00 and set a “buy” rating on the stock in a report on Wednesday, October 22nd. Finally, Truist Financial set a $230.00 price target on shares of Manhattan Associates in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $222.83.
Manhattan Associates Price Performance
MANH stock opened at $194.85 on Monday. Manhattan Associates has a 52-week low of $140.81 and a 52-week high of $312.60. The company’s 50 day simple moving average is $208.78 and its 200-day simple moving average is $198.42. The firm has a market capitalization of $11.78 billion, a P/E ratio of 55.51 and a beta of 1.12.
Manhattan Associates (NASDAQ:MANH – Get Free Report) last released its earnings results on Tuesday, October 21st. The software maker reported $1.36 EPS for the quarter, beating the consensus estimate of $1.18 by $0.18. Manhattan Associates had a net margin of 20.25% and a return on equity of 78.80%. The business had revenue of $275.80 million during the quarter, compared to analyst estimates of $271.66 million. During the same period in the prior year, the business earned $1.35 earnings per share. The business’s quarterly revenue was up 3.4% on a year-over-year basis. Manhattan Associates has set its FY 2025 guidance at 4.950-4.970 EPS.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the business. Midwest Professional Planners LTD. increased its stake in shares of Manhattan Associates by 1.9% during the 2nd quarter. Midwest Professional Planners LTD. now owns 2,850 shares of the software maker’s stock worth $563,000 after purchasing an additional 53 shares during the last quarter. Cordatus Wealth Management LLC increased its stake in shares of Manhattan Associates by 4.9% during the 1st quarter. Cordatus Wealth Management LLC now owns 1,229 shares of the software maker’s stock worth $213,000 after purchasing an additional 57 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of Manhattan Associates by 3.3% during the 2nd quarter. NewEdge Advisors LLC now owns 1,852 shares of the software maker’s stock worth $366,000 after purchasing an additional 59 shares during the last quarter. Credit Agricole S A increased its stake in shares of Manhattan Associates by 1.3% during the 1st quarter. Credit Agricole S A now owns 4,858 shares of the software maker’s stock worth $841,000 after purchasing an additional 64 shares during the last quarter. Finally, Quent Capital LLC increased its stake in shares of Manhattan Associates by 3.5% during the 2nd quarter. Quent Capital LLC now owns 1,947 shares of the software maker’s stock worth $384,000 after purchasing an additional 65 shares during the last quarter. Institutional investors and hedge funds own 98.45% of the company’s stock.
Insider Activity at Manhattan Associates
In other Manhattan Associates news, Director Linda T. Hollembaek sold 2,024 shares of the company’s stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $221.53, for a total value of $448,376.72. Following the transaction, the director owned 11,907 shares in the company, valued at approximately $2,637,757.71. This represents a 14.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Eddie Capel sold 37,342 shares of the company’s stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $222.18, for a total transaction of $8,296,645.56. Following the completion of the transaction, the chairman owned 162,988 shares in the company, valued at approximately $36,212,673.84. This represents a 18.64% decrease in their position. The disclosure for this sale can be found here. 0.72% of the stock is currently owned by corporate insiders.
About Manhattan Associates
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.
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