What is DA Davidson’s Estimate for MANH Q1 Earnings?

Manhattan Associates, Inc. (NASDAQ:MANH) – Equities researchers at DA Davidson issued their Q1 2025 earnings estimates for Manhattan Associates in a report released on Monday, March 24th. DA Davidson analyst W. Jellison expects that the software maker will earn $0.66 per share for the quarter. DA Davidson 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.

A number of other brokerages have also recently commented on MANH. William Blair raised Manhattan Associates from a “market perform” rating to an “outperform” rating in a research note on Thursday, February 13th. Loop Capital decreased their target price on shares of Manhattan Associates from $310.00 to $275.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. Truist Financial lowered their price target on shares of Manhattan Associates from $310.00 to $285.00 and set a “buy” rating for the company in a report on Wednesday, January 29th. Robert W. Baird cut their price target on shares of Manhattan Associates from $282.00 to $225.00 and set an “outperform” rating on the stock in a report on Tuesday, March 18th. Finally, 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. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Manhattan Associates currently has an average rating of “Moderate Buy” and a consensus target price of $243.78.

Manhattan Associates Trading Down 0.5 %

NASDAQ MANH opened at $174.82 on Wednesday. The firm has a market cap of $10.69 billion, a PE ratio of 49.81 and a beta of 1.47. Manhattan Associates has a 1-year low of $163.10 and a 1-year high of $312.60. The stock has a 50-day moving average of $198.17 and a 200-day moving average of $252.30.

Insider Activity

In other news, CFO Dennis B. Story sold 2,788 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the chief financial officer now owns 101,263 shares in the company, valued at $17,298,758.29. This trade represents a 2.68 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.72% of the company’s stock.

Hedge Funds Weigh In On Manhattan Associates

A number of institutional investors have recently added to or reduced their stakes in the company. Twin Tree Management LP purchased a new stake in shares of Manhattan Associates in the 4th quarter worth about $25,000. Whipplewood Advisors LLC bought a new stake in Manhattan Associates during the fourth quarter worth about $34,000. Synergy Asset Management LLC purchased a new stake in Manhattan Associates in the fourth quarter worth about $35,000. Park Square Financial Group LLC bought a new position in shares of Manhattan Associates during the fourth quarter valued at approximately $38,000. Finally, Transce3nd LLC purchased a new position in shares of Manhattan Associates during the fourth quarter valued at approximately $41,000. Institutional investors own 98.45% of the company’s stock.

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.