Q1 Earnings Estimate for SPS Commerce Issued By DA Davidson

SPS Commerce, Inc. (NASDAQ:SPSC - Free Report) - Investment analysts at DA Davidson issued their Q1 2025 earnings estimates for shares of SPS Commerce in a note issued to investors on Tuesday, February 11th. DA Davidson analyst G. Luria forecasts that the software maker will earn $0.42 per share for the quarter. 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 FY2025 earnings at $2.68 EPS.

Other equities research analysts have also issued research reports about the stock. Needham & Company LLC lowered their target price on shares of SPS Commerce from $230.00 to $210.00 and set a "buy" rating on the stock in a report on Tuesday. Northland Securities reiterated a "market perform" rating and issued a $181.00 price objective (down previously from $209.00) on shares of SPS Commerce in a research note on Tuesday. Robert W. Baird decreased their price objective on shares of SPS Commerce from $188.00 to $175.00 and set a "neutral" rating for the company in a research note on Tuesday. Citigroup decreased their price objective on shares of SPS Commerce from $237.00 to $233.00 and set a "buy" rating for the company in a research note on Monday, January 27th. Finally, Piper Sandler decreased their price objective on shares of SPS Commerce from $198.00 to $175.00 and set a "neutral" rating for the company in a research note on Tuesday. Six equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, SPS Commerce has an average rating of "Moderate Buy" and a consensus target price of $207.11.

SPS Commerce Trading Down 1.5 %

Shares of SPSC traded down $2.29 on Wednesday, reaching $146.21. The company's stock had a trading volume of 421,317 shares, compared to its average volume of 214,352. SPS Commerce has a twelve month low of $145.90 and a twelve month high of $218.61. The stock has a market capitalization of $5.49 billion, a PE ratio of 69.96 and a beta of 0.88. The firm has a fifty day moving average of $184.98 and a 200-day moving average of $188.58.

SPS Commerce (NASDAQ:SPSC - Get Free Report) last posted 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%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Barclays PLC boosted its holdings in SPS Commerce by 209.6% in the 3rd quarter. Barclays PLC now owns 66,387 shares of the software maker's stock worth $12,890,000 after buying an additional 44,946 shares during the period. B. Metzler seel. Sohn & Co. Holding AG bought a new position in SPS Commerce in the 3rd quarter valued at $3,178,000. Synovus Financial Corp bought a new position in SPS Commerce in the 3rd quarter valued at $1,809,000. JPMorgan Chase & Co. boosted its holdings in SPS Commerce by 69.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 254,439 shares of the software maker's stock valued at $49,404,000 after purchasing an additional 104,210 shares during the period. Finally, State Street Corp boosted its holdings in SPS Commerce by 1.1% in the 3rd quarter. State Street Corp now owns 1,444,083 shares of the software maker's stock valued at $280,398,000 after purchasing an additional 16,357 shares during the period. 98.96% of the stock is owned by institutional investors.

Insider Activity

In related news, EVP Dan Juckniess sold 5,831 shares of the firm's stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $200.31, for a total value of $1,168,007.61. Following the completion of the transaction, the executive vice president now directly owns 23,833 shares of the company's stock, valued at approximately $4,773,988.23. This trade represents a 19.66 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Kimberly K. Nelson sold 9,290 shares of the firm's stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $181.09, for a total transaction of $1,682,326.10. Following the completion of the transaction, the chief financial officer now directly owns 147,002 shares of the company's stock, valued at approximately $26,620,592.18. This trade represents a 5.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 34,230 shares of company stock valued at $6,379,187 in the last three months. Company 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.