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SPS Commerce (NASDAQ:SPSC) posted its quarterly earnings results on Thursday. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.01, American Banking & Market News reports. The company had revenue of $28.90 million for the quarter, compared to the consensus estimate of $28.67 million. During the same quarter in the previous year, the company posted $0.12 earnings per share. The company’s revenue for the quarter was up 21.4% on a year-over-year basis. SPS Commerce updated its Q2 guidance to $0.14-$0.15 EPS and its FY14 guidance to $0.62-$0.64 EPS.

SPS Commerce (NASDAQ:SPSC) traded up 0.48% during mid-day trading on Thursday, hitting $52.43. 157,480 shares of the company’s stock traded hands. SPS Commerce has a 52 week low of $40.78 and a 52 week high of $79.98. The stock’s 50-day moving average is $60.61 and its 200-day moving average is $65.43. The company has a market cap of $846.0 million and a price-to-earnings ratio of 756.23.

On the ratings front, analysts at Canaccord Genuity cut their price target on shares of SPS Commerce from $85.00 to $80.00 in a research note on Friday, February 7th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $78.17.

SPS Commerce, Inc is a provider of on-demand supply chain management solutions, providing integration, collaboration, connectivity, visibility and data analytics.

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