William Blair Has Bullish Estimate for MANH Q1 Earnings

Manhattan Associates, Inc. (NASDAQ:MANH) – Stock analysts at William Blair upped their Q1 2025 earnings estimates for Manhattan Associates in a research report issued on Tuesday, October 22nd. William Blair analyst D. Becker now forecasts that the software maker will post earnings of $0.83 per share for the quarter, up from their prior forecast of $0.80. The consensus estimate for Manhattan Associates’ current full-year earnings is $3.01 per share. William Blair also issued estimates for Manhattan Associates’ Q2 2025 earnings at $0.88 EPS and Q4 2025 earnings at $0.86 EPS.

Manhattan Associates (NASDAQ:MANH) last posted its earnings results on Tuesday, October 22nd. The software maker reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.29. The company had revenue of $266.70 million during the quarter, compared to the consensus estimate of $262.90 million. Manhattan Associates had a net margin of 21.38% and a return on equity of 86.65%. The firm’s quarterly revenue was up 11.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.79 earnings per share.

MANH has been the subject of a number of other research reports. DA Davidson upped their price objective on shares of Manhattan Associates from $285.00 to $315.00 and gave the stock a “buy” rating in a research report on Wednesday. Citigroup upped their price objective on shares of Manhattan Associates from $257.00 to $287.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 25th. Robert W. Baird upped their price objective on shares of Manhattan Associates from $263.00 to $304.00 and gave the stock an “outperform” rating in a research report on Tuesday. Truist Financial upped their price objective on shares of Manhattan Associates from $275.00 to $310.00 and gave the stock a “buy” rating in a research report on Friday, October 11th. Finally, Loop Capital upped their price objective on shares of Manhattan Associates from $265.00 to $285.00 and gave the stock a “buy” rating in a research report on Monday, September 16th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $286.38.

Manhattan Associates Stock Performance

Shares of Manhattan Associates stock opened at $275.70 on Friday. The firm has a 50-day simple moving average of $274.95 and a two-hundred day simple moving average of $247.01. The company has a market cap of $16.89 billion, a P/E ratio of 78.32 and a beta of 1.50. Manhattan Associates has a fifty-two week low of $186.77 and a fifty-two week high of $307.50.

Hedge Funds Weigh In On Manhattan Associates

Several institutional investors and hedge funds have recently bought and sold shares of MANH. M&G Plc acquired a new position in Manhattan Associates in the 1st quarter valued at about $77,433,000. Fiera Capital Corp acquired a new position in shares of Manhattan Associates in the 2nd quarter worth approximately $44,705,000. Squarepoint Ops LLC lifted its holdings in shares of Manhattan Associates by 448.9% in the 2nd quarter. Squarepoint Ops LLC now owns 160,649 shares of the software maker’s stock worth $39,629,000 after acquiring an additional 131,381 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of Manhattan Associates by 173.2% in the 1st quarter. Russell Investments Group Ltd. now owns 163,497 shares of the software maker’s stock worth $40,893,000 after acquiring an additional 103,645 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings in shares of Manhattan Associates by 118.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 173,644 shares of the software maker’s stock worth $48,860,000 after acquiring an additional 94,283 shares during the last quarter. 98.45% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Manhattan Associates

In related news, EVP James Stewart Gantt sold 6,000 shares of the company’s stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $256.50, for a total transaction of $1,539,000.00. Following the completion of the sale, the executive vice president now owns 46,287 shares of the company’s stock, valued at approximately $11,872,615.50. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.72% 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.