William Blair Has Negative Forecast for MANH Q1 Earnings

Manhattan Associates, Inc. (NASDAQ:MANH) – Investment analysts at William Blair dropped their Q1 2025 EPS estimates for shares of Manhattan Associates in a report released on Wednesday, January 29th. William Blair analyst D. Becker now forecasts that the software maker will post earnings per share of $0.66 for the quarter, down from their previous estimate 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.

Several other research firms have also recently commented on MANH. Raymond James lowered 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. Loop Capital cut their target price 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. DA Davidson cut their price objective on shares of Manhattan Associates from $315.00 to $270.00 and set a “buy” rating on the stock in a report on Wednesday, January 29th. StockNews.com lowered shares of Manhattan Associates from a “buy” rating to a “hold” rating in a report on Monday, January 13th. Finally, Truist Financial cut their price target 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. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, Manhattan Associates currently has a consensus rating of “Moderate Buy” and an average target price of $273.33.

Manhattan Associates Price Performance

Shares of Manhattan Associates stock opened at $196.51 on Monday. The firm has a 50 day simple moving average of $275.95 and a 200 day simple moving average of $271.59. Manhattan Associates has a fifty-two week low of $196.04 and a fifty-two week high of $312.60. The firm has a market cap of $12.00 billion, a P/E ratio of 55.99 and a beta of 1.50.

Insiders Place Their Bets

In other news, SVP Bruce Richards sold 4,150 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at $6,398,976.78. This trade represents a 15.82 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP James Stewart Gantt sold 3,475 shares of the stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $288.10, for a total transaction of $1,001,147.50. Following the transaction, the executive vice president now owns 42,812 shares of the company’s stock, valued at $12,334,137.20. The trade was a 7.51 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.72% of the company’s stock.

Institutional Trading of Manhattan Associates

Institutional investors and hedge funds have recently bought and sold shares of the stock. Tokio Marine Asset Management Co. Ltd. acquired a new position in shares of Manhattan Associates during the 4th quarter worth approximately $3,890,000. Oak Thistle LLC acquired a new stake in Manhattan Associates in the fourth quarter valued at $1,326,000. GAMMA Investing LLC grew its position in shares of Manhattan Associates by 47.5% in the 3rd quarter. GAMMA Investing LLC now owns 1,186 shares of the software maker’s stock valued at $334,000 after acquiring an additional 382 shares during the period. Smith Group Asset Management LLC raised its holdings in shares of Manhattan Associates by 1.8% in the 4th quarter. Smith Group Asset Management LLC now owns 93,232 shares of the software maker’s stock valued at $25,195,000 after purchasing an additional 1,641 shares during the period. Finally, Mediolanum International Funds Ltd lifted its stake in Manhattan Associates by 602.0% in the 3rd quarter. Mediolanum International Funds Ltd now owns 20,042 shares of the software maker’s stock valued at $5,607,000 after purchasing an additional 17,187 shares during the last quarter. Institutional investors own 98.45% of the company’s stock.

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.