Rosenblatt Securities analyst Mark Zgutowicz reiterated a Buy rating on Manhattan Associates (NASDAQ:MANH) on Wednesday, setting a price target of $150, which is approximately 28.63% above the present share price of $116.61.
Zgutowicz expects Manhattan Associates to post earnings per share (EPS) of $0.39 for the first quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Manhattan Associates, with an average price target of $143.
The analysts price targets range from a high of $150 to a low of $136.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $149.76 million and a net profit of $34.98 million. The company's market cap is $7.41 billion.
According to TipRanks.com, Rosenblatt Securities analyst Mark Zgutowicz is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 71.3% and a 85.26% 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.