Manhattan Associates (NASDAQ:MANH) Releases FY 2025 Earnings Guidance

Manhattan Associates (NASDAQ:MANH) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 4.450-4.550 for the period, compared to the consensus earnings per share estimate of 4.910. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.

Analyst Upgrades and Downgrades

Several analysts recently commented on MANH shares. Loop Capital cut their price objective on Manhattan Associates from $310.00 to $275.00 and set a “buy” rating for the company in a report on Wednesday. Piper Sandler reissued an “overweight” rating and issued a $268.00 price objective (down from $326.00) on shares of Manhattan Associates in a research note on Wednesday. StockNews.com cut Manhattan Associates from a “buy” rating to a “hold” rating in a research report on Monday, January 13th. DA Davidson lowered their price target on Manhattan Associates from $315.00 to $270.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, Robert W. Baird lifted their target price on Manhattan Associates from $263.00 to $304.00 and gave the stock an “outperform” rating in a report on Tuesday, October 22nd. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $273.33.

Manhattan Associates Stock Down 24.5 %

Shares of MANH opened at $222.84 on Thursday. The business has a fifty day moving average of $282.19 and a 200 day moving average of $271.95. The company has a market cap of $13.61 billion, a PE ratio of 63.31 and a beta of 1.52. Manhattan Associates has a 52-week low of $205.12 and a 52-week high of $312.60.

Insider Buying and Selling at Manhattan Associates

In other news, EVP James Stewart Gantt sold 3,475 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president now directly owns 42,812 shares in the company, valued at approximately $12,334,137.20. This represents a 7.51 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Bruce Richards sold 4,150 shares of Manhattan Associates stock in a transaction dated 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 sale, the senior vice president now owns 22,086 shares of the company’s stock, 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. Company 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.