William Blair Has Strong Forecast for MANH FY2025 Earnings

Manhattan Associates, Inc. (NASDAQ:MANH) – Analysts at William Blair upped their FY2025 earnings estimates for Manhattan Associates in a report released on Wednesday, October 22nd. William Blair analyst D. Becker now anticipates that the software maker will post earnings of $3.49 per share for the year, up from their previous forecast of $3.28. The consensus estimate for Manhattan Associates’ current full-year earnings is $3.30 per share. William Blair also issued estimates for Manhattan Associates’ Q4 2025 earnings at $0.71 EPS, Q1 2026 earnings at $0.87 EPS, Q3 2026 earnings at $1.01 EPS, Q4 2026 earnings at $0.94 EPS and FY2026 earnings at $3.80 EPS.

Manhattan Associates (NASDAQ:MANH) last announced its quarterly earnings results on Tuesday, October 21st. The software maker reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.18 by $0.18. Manhattan Associates had a net margin of 20.25% and a return on equity of 78.80%. The company had revenue of $275.80 million for the quarter, compared to analysts’ expectations of $271.66 million. During the same quarter in the previous year, the company earned $1.35 earnings per share. Manhattan Associates’s quarterly revenue was up 3.4% on a year-over-year basis. Manhattan Associates has set its FY 2025 guidance at 4.950-4.970 EPS.

Several other research firms have also commented on MANH. Raymond James Financial dropped their price objective on shares of Manhattan Associates from $250.00 to $240.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 22nd. Morgan Stanley set a $200.00 price objective on shares of Manhattan Associates and gave the stock an “equal weight” rating in a research note on Wednesday, October 22nd. Barclays dropped their price objective on shares of Manhattan Associates from $247.00 to $244.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 22nd. Robert W. Baird boosted their price objective on shares of Manhattan Associates from $212.00 to $230.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 16th. Finally, Stifel Nicolaus dropped their price objective on shares of Manhattan Associates from $250.00 to $240.00 and set a “buy” rating on the stock in a research note on Wednesday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $222.83.

Manhattan Associates Price Performance

Shares of NASDAQ MANH opened at $185.95 on Monday. Manhattan Associates has a 1 year low of $140.81 and a 1 year high of $312.60. The company’s 50-day moving average is $207.62 and its 200 day moving average is $198.77. The stock has a market capitalization of $11.21 billion, a P/E ratio of 52.98 and a beta of 1.12.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Whipplewood Advisors LLC lifted its stake in shares of Manhattan Associates by 907.7% in the second quarter. Whipplewood Advisors LLC now owns 131 shares of the software maker’s stock worth $26,000 after buying an additional 118 shares in the last quarter. Eastern Bank purchased a new position in shares of Manhattan Associates during the third quarter valued at approximately $30,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Manhattan Associates by 117.0% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 230 shares of the software maker’s stock valued at $45,000 after purchasing an additional 124 shares during the last quarter. Hantz Financial Services Inc. raised its holdings in shares of Manhattan Associates by 1,000.0% during the second quarter. Hantz Financial Services Inc. now owns 308 shares of the software maker’s stock valued at $61,000 after purchasing an additional 280 shares during the last quarter. Finally, Brooklyn Investment Group raised its holdings in shares of Manhattan Associates by 70.1% during the first quarter. Brooklyn Investment Group now owns 359 shares of the software maker’s stock valued at $62,000 after purchasing an additional 148 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.