Analysts See $0.46 EPS for Manhattan Associates, Inc. (MANH)

September 17, 2017 - By Hazel Jackson

 Analysts See $0.46 EPS for Manhattan Associates, Inc. (MANH)
Investors sentiment decreased to 0.8 in 2016 Q4. Its down 0.17, from 0.97 in 2016Q3. It worsened, as 44 investors sold Manhattan Associates, Inc. shares while 115 reduced holdings. 39 funds opened positions while 88 raised stakes. 68.75 million shares or 0.69% less from 69.23 million shares in 2016Q3 were reported.
Ls Advsrs Ltd Liability stated it has 0.02% of its portfolio in Manhattan Associates, Inc. (NASDAQ:MANH). Fmr Limited Liability Com has 0% invested in Manhattan Associates, Inc. (NASDAQ:MANH) for 640,385 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 2,283 shares in its portfolio. Renaissance Grp Ltd Limited Liability Company holds 4,775 shares. Old Mutual Global (Uk) has invested 0.23% of its portfolio in Manhattan Associates, Inc. (NASDAQ:MANH). Globeflex Cap Ltd Partnership reported 0.27% stake. Schwab Charles holds 0.02% of its portfolio in Manhattan Associates, Inc. (NASDAQ:MANH) for 304,785 shares. Clearbridge Investments Ltd Liability has invested 0% in Manhattan Associates, Inc. (NASDAQ:MANH). Acadian Asset Mgmt Llc holds 30,184 shares or 0.01% of its portfolio. Fifth Third Bancorporation holds 0.01% of its portfolio in Manhattan Associates, Inc. (NASDAQ:MANH) for 12,532 shares. Ameriprise holds 0.01% or 235,436 shares. Soros Fund Mgmt Ltd Liability has invested 0.01% in Manhattan Associates, Inc. (NASDAQ:MANH). Moreover, State Teachers Retirement Sys has 0.02% invested in Manhattan Associates, Inc. (NASDAQ:MANH) for 135,004 shares. Atlanta Capital Mgmt Comm L L C reported 7.12M shares or 2.41% of all its holdings. Royal State Bank Of Canada has 0.02% invested in Manhattan Associates, Inc. (NASDAQ:MANH) for 836,043 shares.

Analysts await Manhattan Associates, Inc. (NASDAQ:MANH) to report earnings on October, 17. They expect $0.46 earnings per share, down 2.13 % or $0.01 from last year’s $0.47 per share. MANH’s profit will be $31.67M for 23.92 P/E if the $0.46 EPS becomes a reality. After $0.47 actual earnings per share reported by Manhattan Associates, Inc. for the previous quarter, Wall Street now forecasts -2.13 % negative EPS growth. The stock increased 1.90% or $0.82 on September 15, reaching $44.01. About 926,567 shares traded or 90.17% up from the average. Manhattan Associates, Inc. (NASDAQ:MANH) has declined 22.39% since September 17, 2016 and is downtrending. It has underperformed by 39.09% the S&P500.

Manhattan Associates, Inc. (NASDAQ:MANH) Ratings Coverage

Among 7 analysts covering Manhattan Assoc (NASDAQ:MANH), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Manhattan Assoc had 11 analyst reports since July 22, 2015 according to SRatingsIntel. The company was initiated on Tuesday, September 29 by William Blair. William Blair downgraded the shares of MANH in report on Thursday, April 28 to “Market Perform” rating. On Wednesday, February 1 the stock rating was maintained by Benchmark with “Buy”. The rating was initiated by Lake Street on Monday, October 19 with “Buy”. The firm has “Mkt Perform” rating by Raymond James given on Monday, January 9. The stock has “Buy” rating by Brean Capital on Tuesday, January 12. The firm has “Buy” rating by Benchmark given on Wednesday, October 21. Benchmark maintained Manhattan Associates, Inc. (NASDAQ:MANH) on Wednesday, July 22 with “Buy” rating. KeyBanc Capital Markets maintained Manhattan Associates, Inc. (NASDAQ:MANH) on Wednesday, August 23 with “Hold” rating.

Manhattan Associates, Inc. is a developer and well-known provider of supply chain commerce solutions. The company has market cap of $3.03 billion. The Firm operates through three geographical divisions: the Americas, Europe, Middle East and Africa (EMEA), and the Asia Pacific (APAC). It has a 25.25 P/E ratio. It is engaged in developing, selling, deploying, servicing and maintaining software solutions designed to manage supply chains, inventory and omni-channel activities for retailers, wholesalers, manufacturers, logistics providers and other organizations.

More important recent Manhattan Associates, Inc. (NASDAQ:MANH) news were published by: Seekingalpha.com which released: “Manhattan Associates’ (MANH) CEO Eddie Capel on Q1 2017 Results – Earnings …” on April 21, 2017, also Globenewswire.com published article titled: “Manhattan Associates Announces Date for Reporting Second Quarter 2017 …”, Globenewswire.com published: “Manhattan Associates Gets a High Five: Company Again Named a Top Workplace in …” on April 11, 2017. More interesting news about Manhattan Associates, Inc. (NASDAQ:MANH) was released by: Fool.com and their article: “Can Manhattan Associates bounce back?” with publication date: July 20, 2017.

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