SPS Commerce, Inc. (NASDAQ:SPSC) Given Consensus Recommendation of “Hold” by Brokerages

SPS Commerce, Inc. (NASDAQ:SPSC) has been assigned an average rating of “Hold” from the twelve brokerages that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $106.80.

A number of research analysts have commented on the stock. Citigroup decreased their target price on shares of SPS Commerce from $145.00 to $110.00 and set a “buy” rating on the stock in a research report on Friday, October 31st. Northland Capmk raised shares of SPS Commerce from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 31st. DA Davidson dropped their price target on shares of SPS Commerce from $125.00 to $80.00 and set a “neutral” rating on the stock in a research note on Friday, October 31st. Cantor Fitzgerald cut SPS Commerce from an “overweight” rating to a “neutral” rating and decreased their target price for the company from $135.00 to $80.00 in a research report on Friday, October 31st. Finally, Robert W. Baird set a $104.00 price objective on shares of SPS Commerce in a research note on Friday, October 31st.

SPS Commerce Stock Performance

Shares of SPS Commerce stock opened at $92.16 on Tuesday. The business’s 50 day moving average price is $90.23 and its 200 day moving average price is $110.25. The company has a market cap of $3.48 billion, a price-to-earnings ratio of 41.33 and a beta of 0.59. SPS Commerce has a one year low of $73.05 and a one year high of $197.59.

SPS Commerce (NASDAQ:SPSC) last released its quarterly earnings data on Thursday, October 30th. The software maker reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.14. The firm had revenue of $189.90 million during the quarter, compared to analysts’ expectations of $192.68 million. SPS Commerce had a net margin of 11.65% and a return on equity of 12.17%. SPS Commerce’s revenue was up 16.0% compared to the same quarter last year. During the same period last year, the business earned $0.92 earnings per share. SPS Commerce has set its FY 2025 guidance at 4.100-4.15 EPS and its Q4 2025 guidance at 0.980-1.020 EPS. On average, analysts predict that SPS Commerce will post 2.73 EPS for the current fiscal year.

Institutional Investors Weigh In On SPS Commerce

A number of hedge funds and other institutional investors have recently modified their holdings of SPSC. Bank of Montreal Can boosted its position in shares of SPS Commerce by 95.6% in the second quarter. Bank of Montreal Can now owns 24,403 shares of the software maker’s stock worth $3,321,000 after buying an additional 11,927 shares during the period. Buckhead Capital Management LLC grew its position in SPS Commerce by 284.7% in the third quarter. Buckhead Capital Management LLC now owns 35,945 shares of the software maker’s stock valued at $3,743,000 after acquiring an additional 26,602 shares in the last quarter. Caxton Associates LLP acquired a new stake in SPS Commerce in the second quarter valued at approximately $2,007,000. Quantbot Technologies LP raised its stake in shares of SPS Commerce by 125.7% during the second quarter. Quantbot Technologies LP now owns 26,154 shares of the software maker’s stock valued at $3,559,000 after purchasing an additional 14,567 shares during the period. Finally, Capital Fund Management S.A. acquired a new position in shares of SPS Commerce during the second quarter worth $2,091,000. 98.96% of the stock is currently owned by institutional investors and hedge funds.

SPS Commerce Company Profile

SPS Commerce, Inc is a leading provider of cloud-based supply chain management solutions that enable seamless collaboration between retailers, suppliers and logistics providers. Through its robust network, SPS Commerce connects trading partners with electronic data interchange (EDI) capabilities, helping businesses automate order processing, inventory management and fulfillment workflows. The company’s platform ensures data accuracy, accelerates order-to-cash cycles and reduces manual intervention, supporting a wide range of industries including retail, grocery, consumer goods and automotive.

The company offers a suite of services encompassing EDI, retail-ready compliance, order management and data analytics.