Manhattan Associates, Inc. (MANH) issued an update on its FY12 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $2.75-2.80 for the period.

Manhattan Associates, Inc. (MANH) traded up 2.15% on Tuesday, hitting $59.31. Manhattan Associates, Inc. (MANH) has a 52-week low of $36.17 and a 52-week high of $60.17. The company has a market cap of $1.187 billion and a price-to-earnings ratio of 23.64.

Manhattan Associates last posted its quarterly earnings results on Tuesday, October 16th. The company reported $0.75 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.67 by $0.08. The company’s revenue for the quarter was up 11.9% on a year-over-year basis. On average, analysts predict that Manhattan Associates, Inc. (MANH) will post $2.70 earnings per share for the current fiscal year.

On a related note, analysts at ThinkEquity upgraded shares of Manhattan Associates from a hold rating to a buy rating in a research note to investors on Tuesday, September 18th. They now have a $67.00 price target on the stock, up previously from $42.00.

Manhattan Associates, Inc. (Manhattan) is a developer and provider of supply chain solutions. The Company’s solutions consist of software, services and hardware, which coordinate people, workflows, assets, events and tasks.

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