SPS Commerce (NASDAQ:SPSC) Releases Quarterly Earnings Results, Misses Expectations By $0.21 EPS

SPS Commerce (NASDAQ:SPSC - Get Free Report) posted its quarterly earnings data on Monday. The software maker reported $0.66 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.87 by ($0.21), Zacks reports. SPS Commerce had a return on equity of 12.60% and a net margin of 12.83%. SPS Commerce updated its Q1 2025 guidance to 0.820-0.840 EPS and its FY 2025 guidance to 3.780-3.840 EPS.

SPS Commerce Price Performance

NASDAQ:SPSC traded down $4.44 during mid-day trading on Thursday, hitting $148.50. 529,606 shares of the company's stock were exchanged, compared to its average volume of 263,317. SPS Commerce has a one year low of $147.27 and a one year high of $218.61. The business has a fifty day moving average price of $186.73 and a 200 day moving average price of $189.28. The company has a market cap of $5.58 billion, a PE ratio of 71.05 and a beta of 0.88.

Analysts Set New Price Targets

A number of brokerages recently commented on SPSC. Citigroup decreased their target price on shares of SPS Commerce from $237.00 to $233.00 and set a "buy" rating on the stock in a research report on Monday, January 27th. Piper Sandler decreased their target price on shares of SPS Commerce from $198.00 to $175.00 and set a "neutral" rating on the stock in a research report on Tuesday. Northland Securities restated a "market perform" rating and issued a $181.00 price objective (down previously from $209.00) on shares of SPS Commerce in a research report on Tuesday. Needham & Company LLC decreased their price objective on shares of SPS Commerce from $230.00 to $210.00 and set a "buy" rating on the stock in a research report on Tuesday. Finally, Robert W. Baird decreased their price objective on shares of SPS Commerce from $188.00 to $175.00 and set a "neutral" rating on the stock in a research report on Tuesday. Six investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, SPS Commerce presently has a consensus rating of "Moderate Buy" and an average price target of $207.11.

Insider Buying and Selling

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

SPS Commerce Company Profile

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.