Manhattan Associates (MANH) to Release Earnings on Tuesday

Manhattan Associates (NASDAQ:MANH - Get Free Report) is projected to announce its Q2 2025 earnings results after the market closes on Tuesday, July 22nd. Analysts expect the company to announce earnings of $1.12 per share and revenue of $263.62 million for the quarter.

Manhattan Associates Stock Up 2.0%

NASDAQ MANH traded up $3.83 during trading hours on Wednesday, reaching $199.99. The company's stock had a trading volume of 418,924 shares, compared to its average volume of 639,581. The company has a market capitalization of $12.14 billion, a price-to-earnings ratio of 57.14 and a beta of 1.08. Manhattan Associates has a 1 year low of $140.81 and a 1 year high of $312.60. The firm's 50-day moving average price is $192.88 and its 200-day moving average price is $196.82.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Redburn Atlantic cut Manhattan Associates from a "buy" rating to a "neutral" rating and decreased their price objective for the stock from $270.00 to $200.00 in a report on Tuesday, June 10th. Loop Capital reaffirmed a "hold" rating and set a $170.00 price objective (down from $275.00) on shares of Manhattan Associates in a report on Thursday, April 10th. Truist Financial upped their price objective on Manhattan Associates from $190.00 to $210.00 and gave the stock a "buy" rating in a report on Thursday, May 22nd. Morgan Stanley assumed coverage on Manhattan Associates in a report on Monday. They set an "underweight" rating and a $190.00 price objective on the stock. Finally, Citigroup reaffirmed a "neutral" rating and set a $200.00 price objective (up from $177.00) on shares of Manhattan Associates in a report on Wednesday. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, Manhattan Associates presently has an average rating of "Hold" and a consensus price target of $210.56.

Hedge Funds Weigh In On Manhattan Associates

Large investors have recently modified their holdings of the stock. Focus Partners Wealth increased its position in shares of Manhattan Associates by 181.4% during the 1st quarter. Focus Partners Wealth now owns 2,400 shares of the software maker's stock valued at $415,000 after purchasing an additional 1,547 shares during the last quarter. Empowered Funds LLC bought a new position in Manhattan Associates in the 1st quarter valued at $987,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Manhattan Associates by 72.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,245 shares of the software maker's stock valued at $2,124,000 after acquiring an additional 5,128 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its position in Manhattan Associates by 9.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 500,068 shares of the software maker's stock valued at $86,532,000 after acquiring an additional 41,571 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.