Manhattan Associates (NASDAQ:MANH) Posts Quarterly Earnings Results, Misses Estimates By $0.20 EPS

Manhattan Associates (NASDAQ:MANH) issued its quarterly earnings data on Tuesday. The software maker reported $0.86 earnings per share for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.20), Zacks reports. Manhattan Associates had a net margin of 21.38% and a return on equity of 84.55%. Manhattan Associates updated its FY 2025 guidance to 4.450-4.550 EPS.

Manhattan Associates Stock Performance

Shares of MANH traded up $6.87 during mid-day trading on Tuesday, reaching $295.10. The stock had a trading volume of 683,483 shares, compared to its average volume of 359,120. The business has a fifty day moving average of $282.68 and a 200 day moving average of $271.91. The firm has a market cap of $18.02 billion, a price-to-earnings ratio of 83.84 and a beta of 1.52. Manhattan Associates has a 12 month low of $205.12 and a 12 month high of $312.60.

Insider Activity

In other news, EVP James Stewart Gantt sold 3,475 shares of Manhattan Associates stock in a transaction dated 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 directly owns 42,812 shares of the company’s stock, valued at approximately $12,334,137.20. The trade was a 7.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Bruce Richards sold 4,150 shares of the company’s stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $289.73, for a total value of $1,202,379.50. Following the sale, the senior vice president now directly owns 22,086 shares in the company, valued at $6,398,976.78. This trade represents a 15.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.72% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on MANH shares. Robert W. Baird increased their price target on Manhattan Associates from $263.00 to $304.00 and gave the company an “outperform” rating in a report on Tuesday, October 22nd. Truist Financial increased their target price on Manhattan Associates from $275.00 to $310.00 and gave the company a “buy” rating in a report on Friday, October 11th. Piper Sandler initiated coverage on Manhattan Associates in a research note on Monday, November 25th. They set an “overweight” rating and a $326.00 price target for the company. Citigroup lowered their price objective on shares of Manhattan Associates from $306.00 to $303.00 and set a “neutral” rating on the stock in a research note on Monday. Finally, StockNews.com downgraded shares of Manhattan Associates from a “buy” rating to a “hold” rating in a report on Monday, January 13th. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $292.56.

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.