Robert W. Baird analyst Joseph Vruwink maintained a Buy rating on Manhattan Associates (NASDAQ:MANH) on Wednesday, setting a price target of $132, which is approximately 10.87% above the present share price of $119.06.
Vruwink expects Manhattan Associates to post earnings per share (EPS) of $0.32 for the first quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Manhattan Associates, with an average price target of $138.75.
The analysts price targets range from a high of $150 to a low of $132.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $147.08 million and a net profit of $28.2 million. The company's market cap is $7.6 billion.
According to TipRanks.com, Robert W. Baird analyst Joseph Vruwink is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 26.5% and a 76.32% success rate.
Manhattan Associates, Inc. engages in designing, building and delivering supply chain commerce solutions by converging front-end sales with back-end supply chain. It operates through the following geographical segment: The Americas; Europe, Middle East, and Africa; and Asia Pacific. The company was founded by Deepak Raghavan in October 1990 and is headquartered in Atlanta, GA.