SPS Commerce, Inc. (NASDAQ:SPSC) Receives Average Rating of “Hold” from Analysts

Shares of SPS Commerce, Inc. (NASDAQ:SPSC) have earned a consensus rating of “Hold” from the twelve analysts that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $106.80.

A number of analysts recently commented on the company. Wall Street Zen lowered SPS Commerce from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Needham & Company LLC restated a “buy” rating and set a $110.00 price objective (down previously from $160.00) on shares of SPS Commerce in a report on Friday, October 31st. DA Davidson cut their target price on SPS Commerce from $125.00 to $80.00 and set a “neutral” rating on the stock in a report on Friday, October 31st. Cantor Fitzgerald downgraded shares of SPS Commerce from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $135.00 to $80.00 in a research report on Friday, October 31st. Finally, Stifel Nicolaus restated a “hold” rating and set a $80.00 price objective (down previously from $150.00) on shares of SPS Commerce in a report on Friday, October 31st.

Insider Buying and Selling at SPS Commerce

In related news, Director Marty M. Reaume sold 1,732 shares of the company’s stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $92.26, for a total value of $159,794.32. Following the sale, the director owned 9,158 shares in the company, valued at $844,917.08. This represents a 15.90% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.98% of the stock is owned by corporate insiders.

Institutional Trading of SPS Commerce

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Nordea Investment Management AB raised its stake in shares of SPS Commerce by 505.3% in the second quarter. Nordea Investment Management AB now owns 1,330,237 shares of the software maker’s stock worth $177,587,000 after purchasing an additional 1,110,476 shares during the last quarter. Van Berkom & Associates Inc. bought a new stake in SPS Commerce during the third quarter worth $51,878,000. Norges Bank purchased a new stake in SPS Commerce in the 2nd quarter valued at $57,540,000. UBS Group AG lifted its stake in SPS Commerce by 806.1% during the 3rd quarter. UBS Group AG now owns 458,860 shares of the software maker’s stock valued at $47,786,000 after acquiring an additional 408,221 shares in the last quarter. Finally, Disciplined Growth Investors Inc. MN lifted its stake in SPS Commerce by 86.4% during the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 792,472 shares of the software maker’s stock valued at $82,528,000 after acquiring an additional 367,346 shares in the last quarter. 98.96% of the stock is owned by institutional investors.

SPS Commerce Stock Down 1.3%

SPS Commerce stock opened at $90.07 on Friday. The company has a market capitalization of $3.40 billion, a PE ratio of 40.39 and a beta of 0.58. SPS Commerce has a 12-month low of $73.05 and a 12-month high of $197.59. The firm’s fifty day moving average is $86.72 and its 200 day moving average is $104.70.

SPS Commerce (NASDAQ:SPSC) last posted its quarterly earnings results on Thursday, October 30th. The software maker reported $1.13 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.14. SPS Commerce had a net margin of 11.65% and a return on equity of 12.17%. The firm had revenue of $189.90 million during the quarter, compared to the consensus estimate of $192.68 million. During the same period in the previous year, the firm posted $0.92 earnings per share. The business’s revenue was up 16.0% compared to the same quarter last year. 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. Sell-side analysts expect that SPS Commerce will post 2.73 EPS for the current fiscal year.

About SPS Commerce

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.