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

Shares of SPS Commerce, Inc. (NASDAQ:SPSC) have received an average rating of “Hold” from the eleven ratings firms that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $76.4545.

Several equities research analysts have recently commented on SPSC shares. Stifel Nicolaus set a $60.00 target price on shares of SPS Commerce in a research report on Friday, May 1st. Morgan Stanley set a $70.00 target price on shares of SPS Commerce in a research report on Friday, May 1st. Cantor Fitzgerald set a $60.00 target price on shares of SPS Commerce and gave the stock a “neutral” rating in a research report on Friday, May 1st. Citigroup decreased their target price on shares of SPS Commerce from $84.00 to $76.00 and set a “buy” rating for the company in a research report on Monday, May 4th. Finally, Wall Street Zen raised shares of SPS Commerce from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th.

Insiders Place Their Bets

In related news, Director Marty M. Reaume sold 1,000 shares of the business’s stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $57.90, for a total transaction of $57,900.00. Following the transaction, the director directly owned 9,158 shares in the company, valued at approximately $530,248.20. The trade was a 9.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.58% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Advisors Asset Management Inc. boosted its holdings in SPS Commerce by 39.9% during the first quarter. Advisors Asset Management Inc. now owns 393 shares of the software maker’s stock worth $52,000 after purchasing an additional 112 shares during the last quarter. State of Alaska Department of Revenue boosted its holdings in SPS Commerce by 0.6% during the fourth quarter. State of Alaska Department of Revenue now owns 20,986 shares of the software maker’s stock worth $1,870,000 after purchasing an additional 126 shares during the last quarter. Park Place Capital Corp boosted its holdings in SPS Commerce by 29.7% during the fourth quarter. Park Place Capital Corp now owns 564 shares of the software maker’s stock worth $50,000 after purchasing an additional 129 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in SPS Commerce by 3.3% during the third quarter. PNC Financial Services Group Inc. now owns 4,687 shares of the software maker’s stock worth $488,000 after purchasing an additional 151 shares during the last quarter. Finally, Evergreen Capital Management LLC boosted its holdings in SPS Commerce by 7.1% during the fourth quarter. Evergreen Capital Management LLC now owns 2,337 shares of the software maker’s stock worth $208,000 after purchasing an additional 155 shares during the last quarter. 98.96% of the stock is currently owned by hedge funds and other institutional investors.

SPS Commerce Price Performance

NASDAQ:SPSC opened at $55.20 on Tuesday. The firm has a 50-day moving average of $54.93 and a 200-day moving average of $68.75. The company has a market cap of $2.03 billion, a PE ratio of 23.00 and a beta of 0.57. SPS Commerce has a one year low of $49.04 and a one year high of $143.55.

SPS Commerce (NASDAQ:SPSC) last posted its earnings results on Thursday, April 30th. The software maker reported $1.10 EPS for the quarter, topping the consensus estimate of $0.97 by $0.13. The company had revenue of $192.12 million during the quarter, compared to the consensus estimate of $192.51 million. SPS Commerce had a net margin of 11.92% and a return on equity of 12.43%. The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.00 earnings per share. SPS Commerce has set its FY 2026 guidance at 4.730-4.760 EPS and its Q2 2026 guidance at 1.060-1.090 EPS. On average, equities research analysts expect that SPS Commerce will post 3.41 earnings per share for the current fiscal year.

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.