William Blair Issues Negative Forecast for MANH Earnings

Manhattan Associates, Inc. (NASDAQ:MANH) – Analysts at William Blair dropped their Q1 2025 earnings estimates for Manhattan Associates in a report issued on Wednesday, January 29th. William Blair analyst D. Becker now expects that the software maker will post earnings of $0.66 per share for the quarter, down from their previous forecast of $0.83. The consensus estimate for Manhattan Associates’ current full-year earnings is $3.30 per share. William Blair also issued estimates for Manhattan Associates’ Q2 2025 earnings at $0.78 EPS, Q3 2025 earnings at $0.84 EPS, Q4 2025 earnings at $0.79 EPS, FY2025 earnings at $3.08 EPS, Q1 2026 earnings at $0.77 EPS, Q2 2026 earnings at $0.91 EPS, Q3 2026 earnings at $0.96 EPS, Q4 2026 earnings at $0.91 EPS and FY2026 earnings at $3.54 EPS.

Other research analysts have also issued research reports about the company. Loop Capital dropped their target price on Manhattan Associates from $310.00 to $275.00 and set a “buy” rating on the stock in a report on Wednesday, January 29th. Truist Financial dropped their price objective on Manhattan Associates from $310.00 to $285.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. Piper Sandler reiterated an “overweight” rating and issued a $268.00 target price (down previously from $326.00) on shares of Manhattan Associates in a research note on Wednesday, January 29th. StockNews.com lowered Manhattan Associates from a “buy” rating to a “hold” rating in a research note on Monday, January 13th. Finally, Raymond James reduced their price target on shares of Manhattan Associates from $305.00 to $270.00 and set an “outperform” rating for the company in a research report on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $273.33.

Manhattan Associates Trading Down 4.0 %

Shares of NASDAQ MANH opened at $200.28 on Monday. Manhattan Associates has a 1-year low of $199.35 and a 1-year high of $312.60. The firm’s 50-day moving average price is $277.80 and its 200-day moving average price is $271.75. The firm has a market capitalization of $12.23 billion, a P/E ratio of 57.06 and a beta of 1.50.

Institutional Trading of Manhattan Associates

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Capital Performance Advisors LLP acquired a new stake in shares of Manhattan Associates during the 3rd quarter valued at about $34,000. Synergy Asset Management LLC purchased a new stake in shares of Manhattan Associates during the fourth quarter worth about $35,000. Ashton Thomas Securities LLC acquired a new position in Manhattan Associates in the 3rd quarter valued at $42,000. Carolina Wealth Advisors LLC acquired a new position in shares of Manhattan Associates during the 3rd quarter worth approximately $50,000. Finally, Brooklyn Investment Group acquired a new stake in shares of Manhattan Associates in the 3rd quarter worth $58,000. 98.45% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP James Stewart Gantt sold 3,475 shares of the company’s stock in a transaction on 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 $12,334,137.20. This represents a 7.51 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Bruce Richards sold 4,150 shares of the stock in a transaction on Friday, November 29th. The stock was sold at an average price of $289.73, for a total transaction of $1,202,379.50. Following the completion of the sale, the senior vice president now owns 22,086 shares in the company, valued at $6,398,976.78. The trade was a 15.82 % decrease in their position. The disclosure for this sale can be found here. Corporate 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.