Q1 Earnings Forecast for SPS Commerce Issued By DA Davidson

SPS Commerce, Inc. (NASDAQ:SPSC - Free Report) - Analysts at DA Davidson dropped their Q1 2025 earnings per share (EPS) estimates for SPS Commerce in a research note issued to investors on Tuesday, April 15th. DA Davidson analyst G. Luria now forecasts that the software maker will post earnings per share of $0.59 for the quarter, down from their prior estimate of $0.61. DA Davidson currently has a "Buy" rating and a $175.00 target price on the stock. The consensus estimate for SPS Commerce's current full-year earnings is $2.73 per share. DA Davidson also issued estimates for SPS Commerce's FY2026 earnings at $3.17 EPS.

A number of other research firms also recently issued reports on SPSC. Northland Securities restated a "market perform" rating and set a $181.00 target price (down from $209.00) on shares of SPS Commerce in a research report on Tuesday, February 11th. Needham & Company LLC reaffirmed a "buy" rating and issued a $210.00 price objective on shares of SPS Commerce in a research note on Wednesday, March 26th. Citigroup dropped their target price on shares of SPS Commerce from $237.00 to $233.00 and set a "buy" rating for the company in a research report on Monday, January 27th. Piper Sandler reduced their price target 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, Stifel Nicolaus decreased their price objective on SPS Commerce from $225.00 to $200.00 and set a "buy" rating for the company in a research note on Tuesday, February 11th. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $199.89.

SPS Commerce Stock Performance

SPSC traded up $0.40 during mid-day trading on Wednesday, reaching $129.06. The stock had a trading volume of 243,688 shares, compared to its average volume of 232,435. The firm's fifty day simple moving average is $133.87 and its two-hundred day simple moving average is $168.78. The stock has a market capitalization of $4.91 billion, a P/E ratio of 63.27 and a beta of 0.89. SPS Commerce has a 52 week low of $120.09 and a 52 week high of $218.61.

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 12.27% and a net margin of 12.08%.

Insider Buying and Selling

In related news, EVP Dan Juckniess sold 2,591 shares of the stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $148.02, for a total transaction of $383,519.82. Following the completion of the transaction, the executive vice president now directly owns 1,367,584 shares in the company, valued at approximately $202,429,783.68. This trade represents a 0.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Kimberly K. Nelson sold 4,034 shares of the business's stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $148.17, for a total transaction of $597,717.78. Following the completion of the sale, the chief financial officer now directly owns 2,442,968 shares in the company, valued at approximately $361,974,568.56. This represents a 0.16 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 37,864 shares of company stock valued at $6,613,078. 0.98% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. FMR LLC raised its stake in shares of SPS Commerce by 109.7% during the 4th quarter. FMR LLC now owns 1,419,831 shares of the software maker's stock worth $261,235,000 after purchasing an additional 742,686 shares in the last quarter. Norges Bank acquired a new position in SPS Commerce during the fourth quarter worth $81,543,000. JPMorgan Chase & Co. raised its position in SPS Commerce by 99.3% during the fourth quarter. JPMorgan Chase & Co. now owns 507,014 shares of the software maker's stock worth $93,286,000 after acquiring an additional 252,575 shares in the last quarter. Franklin Resources Inc. lifted its stake in SPS Commerce by 94.5% in the third quarter. Franklin Resources Inc. now owns 432,801 shares of the software maker's stock valued at $84,747,000 after acquiring an additional 210,284 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position 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 acquiring an additional 191,740 shares during the period. 98.96% of the stock is owned by institutional investors and hedge funds.

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.