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 per share (EPS) estimates for shares of Manhattan Associates in a report issued on Monday, March 24th. DA Davidson analyst W. Jellison anticipates that the software maker will post earnings of $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.

Several other research firms have also issued reports on MANH. StockNews.com lowered shares of Manhattan Associates from a “buy” rating to a “hold” rating in a research report on Monday, January 13th. Truist Financial decreased their target price on Manhattan Associates from $310.00 to $285.00 and set a “buy” rating on the stock in a research report on Wednesday, January 29th. Robert W. Baird reduced their price objective on Manhattan Associates from $282.00 to $225.00 and set an “outperform” rating for the company in a research report on Tuesday, March 18th. Citigroup decreased their price objective on Manhattan Associates from $244.00 to $184.00 and set a “neutral” rating on the stock in a report on Friday, March 14th. Finally, Raymond James cut their target price on Manhattan Associates from $305.00 to $270.00 and set an “outperform” rating for the company in a research note on Wednesday, January 29th. Three analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $243.78.

Manhattan Associates Trading Up 0.9 %

Shares of Manhattan Associates stock opened at $179.55 on Wednesday. Manhattan Associates has a 1 year low of $163.10 and a 1 year high of $312.60. The company’s fifty day simple moving average is $202.16 and its 200-day simple moving average is $253.38. The company has a market cap of $10.97 billion, a price-to-earnings ratio of 51.15 and a beta of 1.47.

Insider Buying and Selling

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Twin Tree Management LP bought a new position in Manhattan Associates in the 4th quarter valued at $25,000. Whipplewood Advisors LLC acquired a new stake in shares of Manhattan Associates in the fourth quarter valued at $34,000. Synergy Asset Management LLC bought a new position in shares of Manhattan Associates in the fourth quarter valued at about $35,000. Park Square Financial Group LLC acquired a new position in Manhattan Associates during the 4th quarter worth about $38,000. Finally, Transce3nd LLC bought a new stake in Manhattan Associates during the 4th quarter worth about $41,000. 98.45% of the stock is owned by institutional investors and hedge funds.

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.