FY2025 Earnings Estimate for MANH Issued By DA Davidson

Manhattan Associates, Inc. (NASDAQ:MANH) – Research analysts at DA Davidson issued their FY2025 earnings estimates for Manhattan Associates in a report issued on Wednesday, April 23rd. DA Davidson analyst W. Jellison expects that the software maker will post earnings of $3.11 per share for the year. DA Davidson has a “Buy” rating and a $200.00 price objective 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’ FY2026 earnings at $3.43 EPS.

MANH has been the subject of several other research reports. Citigroup decreased their price objective on shares of Manhattan Associates from $244.00 to $184.00 and set a “neutral” rating for the company in a research note on Friday, March 14th. William Blair upgraded Manhattan Associates from a “market perform” rating to an “outperform” rating in a report on Thursday, February 13th. Loop Capital reiterated a “hold” rating and issued a $170.00 target price (down previously from $275.00) on shares of Manhattan Associates in a research note on Thursday, April 10th. Raymond James cut their price target 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. Finally, StockNews.com lowered shares of Manhattan Associates from a “buy” rating to a “hold” rating in a report on Monday, January 13th. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, Manhattan Associates has an average rating of “Moderate Buy” and an average price target of $212.38.

Manhattan Associates Trading Up 0.2 %

Manhattan Associates stock opened at $174.58 on Friday. Manhattan Associates has a 12-month low of $140.81 and a 12-month high of $312.60. The firm has a 50-day moving average price of $169.19 and a 200-day moving average price of $234.74. The firm has a market capitalization of $10.60 billion, a PE ratio of 49.74 and a beta of 1.36.

Institutional Investors Weigh In On Manhattan Associates

A number of institutional investors have recently added to or reduced their stakes in the stock. Tokio Marine Asset Management Co. Ltd. purchased a new stake in shares of Manhattan Associates during the fourth quarter valued at about $3,890,000. GDS Wealth Management boosted its stake in Manhattan Associates by 281.4% in the fourth quarter. GDS Wealth Management now owns 6,347 shares of the software maker’s stock valued at $1,715,000 after acquiring an additional 4,683 shares in the last quarter. Oak Thistle LLC purchased a new position in Manhattan Associates in the fourth quarter worth $1,326,000. AustralianSuper Pty Ltd increased its position in shares of Manhattan Associates by 968.0% during the fourth quarter. AustralianSuper Pty Ltd now owns 232,719 shares of the software maker’s stock worth $62,890,000 after purchasing an additional 210,929 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new stake in shares of Manhattan Associates during the 4th quarter valued at $1,200,000. Institutional investors own 98.45% of the company’s stock.

Insider Activity at Manhattan Associates

In other news, CFO Dennis B. Story sold 2,788 shares of Manhattan Associates stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $170.83, for a total value of $476,274.04. Following the transaction, the chief financial officer now directly owns 101,263 shares in the company, valued at approximately $17,298,758.29. This trade represents a 2.68 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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.