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

Manhattan Associates (NASDAQ:MANH) released its quarterly earnings results 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 return on equity of 84.55% and a net margin of 21.38%. Manhattan Associates updated its FY 2025 guidance to 4.450-4.550 EPS.

Manhattan Associates Stock Up 2.4 %

MANH stock traded up $6.87 during mid-day trading on Tuesday, reaching $295.10. The company had a trading volume of 670,851 shares, compared to its average volume of 356,925. The stock’s 50-day simple moving average is $282.68 and its two-hundred day simple moving average is $271.91. The stock has a market capitalization of $18.02 billion, a P/E ratio of 83.84 and a beta of 1.52. Manhattan Associates has a one year low of $205.12 and a one year high of $312.60.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. StockNews.com lowered shares of Manhattan Associates from a “buy” rating to a “hold” rating in a report on Monday, January 13th. DA Davidson lifted their price objective on Manhattan Associates from $285.00 to $315.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Truist Financial upped their target price on Manhattan Associates from $275.00 to $310.00 and gave the company a “buy” rating in a research report on Friday, October 11th. Piper Sandler began coverage on shares of Manhattan Associates in a research report on Monday, November 25th. They set an “overweight” rating and a $326.00 price target for the company. Finally, Raymond James upped their price target on shares of Manhattan Associates from $255.00 to $305.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $292.56.

Insider Buying and Selling

In other Manhattan Associates news, EVP James Stewart Gantt sold 3,475 shares of Manhattan Associates 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 sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 value 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 approximately $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.

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.