Manhattan Associates (NASDAQ:MANH) Updates FY 2025 Earnings Guidance

Manhattan Associates (NASDAQ:MANH) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 4.450-4.550 for the period, compared to the consensus EPS estimate of 4.910. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.

Manhattan Associates Price Performance

Shares of MANH stock traded up $6.87 during trading hours on Tuesday, hitting $295.10. The stock had a trading volume of 670,851 shares, compared to its average volume of 356,925. The stock has a market capitalization of $18.02 billion, a price-to-earnings ratio of 83.84 and a beta of 1.52. Manhattan Associates has a one year low of $205.12 and a one year high of $312.60. The stock’s 50-day moving average price is $282.68 and its two-hundred day moving average price is $271.91.

Manhattan Associates (NASDAQ:MANH) last issued its earnings results on Tuesday, January 28th. The software maker reported $0.86 EPS for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.20). Manhattan Associates had a return on equity of 84.55% and a net margin of 21.38%. As a group, equities research analysts predict that Manhattan Associates will post 3.39 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. DA Davidson boosted their price target on shares of Manhattan Associates from $285.00 to $315.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Raymond James raised their price objective on Manhattan Associates from $255.00 to $305.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. Piper Sandler started coverage on shares of Manhattan Associates in a research note on Monday, November 25th. They set an “overweight” rating and a $326.00 price objective for the company. Robert W. Baird raised their target price on Manhattan Associates from $263.00 to $304.00 and gave the company an “outperform” rating in a report on Tuesday, October 22nd. Finally, Citigroup lowered their price target on shares of Manhattan Associates from $306.00 to $303.00 and set a “neutral” rating for the company in a report on Monday. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, Manhattan Associates presently has an average rating of “Moderate Buy” and an average price target of $292.56.

Insiders Place Their Bets

In other news, EVP James Stewart Gantt sold 3,475 shares of the company’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $288.10, for a total value of $1,001,147.50. Following the sale, the executive vice president now directly owns 42,812 shares of the company’s stock, valued at approximately $12,334,137.20. This represents a 7.51 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Bruce Richards sold 4,150 shares of the stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $289.73, for a total transaction of $1,202,379.50. Following the completion of the transaction, the senior vice president now directly owns 22,086 shares in the company, valued at approximately $6,398,976.78. This represents a 15.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.72% 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.