What is DA Davidson’s Forecast for MANH Q2 Earnings?

Manhattan Associates, Inc. (NASDAQ:MANHFree Report) – DA Davidson issued their Q2 2025 EPS estimates for shares of Manhattan Associates in a note issued to investors on Wednesday, April 23rd. DA Davidson analyst W. Jellison forecasts that the software maker will post earnings per share of $0.75 for the quarter. DA Davidson has a “Buy” rating and a $200.00 price target on the stock. The consensus estimate for Manhattan Associates’ current full-year earnings is $3.30 per share.

Other equities analysts also recently issued reports about the company. Raymond James lowered their price objective on Manhattan Associates from $305.00 to $270.00 and set an “outperform” rating for the company in a research report on Wednesday, January 29th. Loop Capital restated a “hold” rating and issued a $170.00 target price (down previously from $275.00) on shares of Manhattan Associates in a report on Thursday, April 10th. William Blair raised Manhattan Associates from a “market perform” rating to an “outperform” rating in a research note on Thursday, February 13th. Piper Sandler lowered their price objective on shares of Manhattan Associates from $268.00 to $200.00 and set an “overweight” rating for the company in a research note on Friday, March 14th. Finally, StockNews.com lowered Manhattan Associates from a “buy” rating to a “hold” rating in a research report on Monday, January 13th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $212.38.

Read Our Latest Report on MANH

Manhattan Associates Stock Up 1.3 %

NASDAQ MANH opened at $174.21 on Thursday. The company has a market capitalization of $10.58 billion, a price-to-earnings ratio of 49.63 and a beta of 1.36. Manhattan Associates has a twelve month low of $140.81 and a twelve month high of $312.60. The stock has a fifty day simple moving average of $169.45 and a 200 day simple moving average of $235.51.

Hedge Funds Weigh In On Manhattan Associates

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Twin Tree Management LP bought a new position in Manhattan Associates in the fourth quarter valued at $25,000. Whipplewood Advisors LLC purchased a new position in shares of Manhattan Associates during the 4th quarter valued at about $34,000. Central Pacific Bank Trust Division lifted its position in Manhattan Associates by 107.3% in the 1st quarter. Central Pacific Bank Trust Division now owns 199 shares of the software maker’s stock worth $34,000 after buying an additional 103 shares during the last quarter. Synergy Asset Management LLC purchased a new stake in Manhattan Associates in the fourth quarter worth approximately $35,000. Finally, Park Square Financial Group LLC purchased a new position in shares of Manhattan Associates during the fourth quarter worth approximately $38,000. 98.45% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CFO Dennis B. Story sold 2,788 shares of the stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $170.83, for a total transaction of $476,274.04. Following the completion of the transaction, the chief financial officer now owns 101,263 shares in the company, valued at approximately $17,298,758.29. This represents a 2.68 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.72% of the stock is currently owned by corporate insiders.

About Manhattan Associates

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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.

See Also

Earnings History and Estimates for Manhattan Associates (NASDAQ:MANH)

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