DA Davidson Forecasts Increased Earnings for SPS Commerce

SPS Commerce, Inc. (NASDAQ:SPSC - Free Report) - DA Davidson upped their FY2025 earnings per share estimates for shares of SPS Commerce in a report issued on Tuesday, February 11th. DA Davidson analyst G. Luria now anticipates that the software maker will earn $2.87 per share for the year, up from their prior forecast of $2.68. The consensus estimate for SPS Commerce's current full-year earnings is $2.38 per share. DA Davidson also issued estimates for SPS Commerce's FY2026 earnings at $3.43 EPS.

SPS Commerce (NASDAQ:SPSC - Get Free Report) last announced its earnings results on Monday, February 10th. The software maker reported $0.66 earnings per share for the quarter, missing analysts' consensus estimates of $0.87 by ($0.21). SPS Commerce had a return on equity of 12.60% and a net margin of 12.83%.

Other equities analysts have also issued reports about the company. Northland Securities reiterated a "market perform" rating and set a $181.00 price objective (down from $209.00) on shares of SPS Commerce in a research report on Tuesday, February 11th. Stifel Nicolaus reduced their price objective on SPS Commerce from $225.00 to $200.00 and set a "buy" rating on the stock in a research report on Tuesday, February 11th. Robert W. Baird reduced their price objective on SPS Commerce from $188.00 to $175.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 11th. Piper Sandler reduced their price objective on SPS Commerce from $198.00 to $175.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 11th. Finally, Citigroup reduced their price objective on SPS Commerce from $237.00 to $233.00 and set a "buy" rating on the stock in a research report on Monday, January 27th. Six investment analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $207.11.

SPS Commerce Stock Down 1.5 %

Shares of SPS Commerce stock traded down $2.29 during trading on Thursday, hitting $146.21. 421,317 shares of the stock traded hands, compared to its average volume of 214,352. The stock has a market cap of $5.49 billion, a price-to-earnings ratio of 69.96 and a beta of 0.88. The firm's fifty day moving average is $184.98 and its 200-day moving average is $188.26. SPS Commerce has a 52 week low of $145.90 and a 52 week high of $218.61.

Insiders Place Their Bets

In other SPS Commerce news, CFO Kimberly K. Nelson sold 9,290 shares of the stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $181.09, for a total value of $1,682,326.10. Following the completion of the sale, the chief financial officer now owns 147,002 shares in the company, valued at approximately $26,620,592.18. This trade represents a 5.94 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Dan Juckniess sold 9,819 shares of the stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $184.66, for a total value of $1,813,176.54. Following the completion of the sale, the executive vice president now owns 22,570 shares of the company's stock, valued at approximately $4,167,776.20. This trade represents a 30.32 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 34,230 shares of company stock worth $6,379,187. 1.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On SPS Commerce

Several institutional investors and hedge funds have recently bought and sold shares of SPSC. FMR LLC lifted its stake in shares of SPS Commerce by 109.7% in the 4th quarter. FMR LLC now owns 1,419,831 shares of the software maker's stock valued at $261,235,000 after purchasing an additional 742,686 shares during the period. Norges Bank purchased a new position in shares of SPS Commerce in the 4th quarter valued at approximately $81,543,000. JPMorgan Chase & Co. lifted its stake in shares of SPS Commerce by 99.3% in the 4th quarter. JPMorgan Chase & Co. now owns 507,014 shares of the software maker's stock valued at $93,286,000 after purchasing an additional 252,575 shares during the period. Franklin Resources Inc. lifted its stake in shares of SPS Commerce by 94.5% in the 3rd quarter. Franklin Resources Inc. now owns 432,801 shares of the software maker's stock valued at $84,747,000 after purchasing an additional 210,284 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in shares of SPS Commerce by 33.4% in the 4th quarter. Ameriprise Financial Inc. now owns 765,709 shares of the software maker's stock valued at $140,882,000 after purchasing an additional 191,740 shares during the period. Hedge funds and other institutional investors own 98.96% of the company's stock.

About SPS Commerce

SPS Commerce, Inc provides cloud-based supply chain management solutions in the United States and internationally. It offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, grocers, suppliers, distributors, and logistics firms manage and fulfill omnichannel orders, optimize sell-through performance, and automate new trading relationships.