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

Manhattan Associates (NASDAQ:MANH) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 4.450-4.550 for the period, compared to the consensus EPS 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.

Manhattan Associates Stock Down 24.5 %

NASDAQ:MANH opened at $222.84 on Thursday. The firm has a market capitalization of $13.61 billion, a P/E 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. The company has a fifty day moving average of $282.19 and a 200 day moving average of $271.95.

Analysts Set New Price Targets

MANH has been the topic of several recent analyst reports. Loop Capital cut their target price on Manhattan Associates from $310.00 to $275.00 and set a “buy” rating on the stock in a research note on Wednesday. Raymond James cut their price objective on Manhattan Associates from $305.00 to $270.00 and set an “outperform” rating on the stock in a research report on Wednesday. DA Davidson decreased their target price on Manhattan Associates from $315.00 to $270.00 and set a “buy” rating for the company in a report on Wednesday. Piper Sandler reaffirmed an “overweight” rating and issued a $268.00 price target (down previously from $326.00) on shares of Manhattan Associates in a research note on Wednesday. Finally, StockNews.com downgraded shares of Manhattan Associates from a “buy” rating to a “hold” rating in a research report on Monday, January 13th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, Manhattan Associates has an average rating of “Moderate Buy” and an average price target of $273.33.

Insider Buying and Selling at Manhattan Associates

In related 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 owns 42,812 shares in the company, valued at $12,334,137.20. The trade was a 7.51 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Bruce Richards sold 4,150 shares of the firm’s 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 approximately $6,398,976.78. This 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.

About Manhattan Associates

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.