William Blair Has Pessimistic Outlook of MANH Q1 Earnings

Manhattan Associates, Inc. (NASDAQ:MANH) – Equities research analysts at William Blair decreased their Q1 2025 earnings estimates for Manhattan Associates in a research note issued on Wednesday, January 29th. William Blair analyst D. Becker now forecasts that the software maker will earn $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 equities research analysts have also recently issued research reports about the company. Robert W. Baird boosted their price objective on Manhattan Associates from $263.00 to $304.00 and gave the stock an “outperform” rating in a report on Tuesday, October 22nd. Piper Sandler restated an “overweight” rating and issued a $268.00 price target (down from $326.00) on shares of Manhattan Associates in a research note on Wednesday, January 29th. Truist Financial lowered their price objective 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. DA Davidson reduced their target price on shares of Manhattan Associates from $315.00 to $270.00 and set a “buy” rating for the company in a research report on Wednesday, January 29th. Finally, Loop Capital lowered their price target on shares of Manhattan Associates from $310.00 to $275.00 and set a “buy” rating on the stock in a research report on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $273.33.

Manhattan Associates Stock Performance

Shares of MANH stock opened at $196.51 on Monday. The company has a market capitalization of $12.00 billion, a price-to-earnings ratio of 55.99 and a beta of 1.50. Manhattan Associates has a 52 week low of $196.04 and a 52 week high of $312.60. The company has a 50-day simple moving average of $275.95 and a 200 day simple moving average of $271.59.

Institutional Investors Weigh In On Manhattan Associates

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

Insider Buying and Selling

In other news, SVP Bruce Richards sold 4,150 shares of the business’s 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 transaction, the senior vice president now owns 22,086 shares of the company’s stock, valued at approximately $6,398,976.78. The trade was a 15.82 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP James Stewart Gantt sold 3,475 shares of the company’s stock in a transaction on Tuesday, November 26th. The stock was 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 owns 42,812 shares of the company’s stock, valued at approximately $12,334,137.20. This represents a 7.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.72% of the stock is currently owned by company insiders.

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.