SPS Commerce (NASDAQ:SPSC) is scheduled to issue its quarterly earnings data after the market closes on Monday, February 5th. Analysts expect the company to announce earnings of $0.21 per share for the quarter.
SPS Commerce (NASDAQ SPSC) opened at $52.64 on Monday. The stock has a market capitalization of $897.73, a P/E ratio of 107.43, a P/E/G ratio of 2.94 and a beta of 1.07. SPS Commerce has a 12 month low of $45.02 and a 12 month high of $70.40.
SPS Commerce declared that its board has initiated a share repurchase program on Thursday, November 2nd that permits the company to buyback $50.00 million in outstanding shares. This buyback authorization permits the software maker to buy shares of its stock through open market purchases. Stock buyback programs are often a sign that the company’s leadership believes its stock is undervalued.
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About SPS Commerce
SPS Commerce, Inc is a provider of cloud-based supply chain management solutions, providing network-proven fulfillment, sourcing and item assortment management solutions, along with retail performance analytics. The Company provides its solutions through the SPS Commerce platform, a cloud-based product suite that manages the way suppliers, retailers, distributors and logistics firms orchestrate the sourcing, set up of new vendors and items, and fulfillment of products that customers buy from retailers and suppliers.
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