SPS Commerce (SPSC) Stock Price, News & Analysis

Company Overview

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. The company also provides Fulfillment, an electronic data interchange solution that scales as a business grows, where companies use a single system to manage orders and logistics from various sales channels, including wholesale, eCommerce, and marketplaces; and Analytics product that enables organizations to enhance visibility into how products are selling through a single connection across various sales channels, including wholesale, eCommerce, and marketplaces, as well as enhances access and usage of sales and inventory data through a combination of analytics applications, network of connections, and industry-leading expertise. In addition, it offers various complimentary products, such as assortment product, which simplifies the communication of robust, accurate item data by automatically translating item attributes, and hierarchies; and community product that allows organizations to accelerate digitization of their supply chain and improve collaboration with suppliers through change management and onboarding programs. The company was formerly known as St. Paul Software, Inc. and changed its name to SPS Commerce, Inc. in May 2001. SPS Commerce, Inc. was incorporated in 1987 and is headquartered in Minneapolis, Minnesota.

Key Stats

• Today's Range: $176.15 to $179.96
• 50-Day Range: $165.00 to $198.81
• 52-Week Range: $160.58 to $218.74
• Volume: 303,178 shs
• Average Volume: 185,068 shs
• Market Capitalization: $6.76 billion
• P/E Ratio: 86.06
• Dividend Yield: N/A
• Price Target: $223.63
• Consensus Rating: Moderate Buy

SPS Commerce Stock Analysis - MarketRank™

SPS Commerce scored higher than 59% of companies evaluated by MarketBeat, and ranked 102nd out of 331 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

SPS Commerce has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

SPS Commerce has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 12.97%

Earnings Growth

Earnings for SPS Commerce are expected to grow by 12.97% in the coming year, from $2.39 to $2.70 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of SPS Commerce is 86.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of SPS Commerce is 86.06, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 46.32.

Price to Book Value per Share Ratio

SPS Commerce has a P/B Ratio of 9.89. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.92% of the outstanding shares of SPS Commerce have been sold short.

Short Interest Ratio / Days to Cover

SPS Commerce has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SPS Commerce has recently increased by 4.44%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

SPS Commerce does not currently pay a dividend.

Dividend Growth

SPS Commerce does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.92% of the outstanding shares of SPS Commerce have been sold short.

Short Interest Ratio / Days to Cover

SPS Commerce has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SPS Commerce has recently increased by 4.44%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.06

News Sentiment

SPS Commerce has a news sentiment score of 1.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for SPS Commerce this week, compared to 5 articles on an average week.

Search Interest

2 people have searched for SPSC on MarketBeat in the last 30 days.

MarketBeat Follows

3 people have added SPS Commerce to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, SPS Commerce insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,160,510.00 in company stock.

Percentage Held by Insiders

Only 1.00% of the stock of SPS Commerce is held by insiders.

Percentage Held by Institutions

98.96% of the stock of SPS Commerce is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SPSC Stock Analysis - Frequently Asked Questions

How have SPSC shares performed this year?

SPS Commerce's stock was trading at $193.84 at the beginning of the year. Since then, SPSC stock has decreased by 7.2% and is now trading at $179.87.
View the best growth stocks for 2024 here.

How were SPS Commerce's earnings last quarter?

SPS Commerce, Inc. (NASDAQ:SPSC) posted its quarterly earnings results on Thursday, October, 24th. The software maker reported $0.92 earnings per share for the quarter, beating analysts' consensus estimates of $0.83 by $0.09. The company's revenue was up 20.7% on a year-over-year basis.

When did SPS Commerce's stock split?

SPS Commerce's stock split on Thursday, August 22nd 2019. The 2-1 split was announced on Thursday, July 25th 2019. The newly created shares were distributed to shareholders after the market closes on Wednesday, August 21st 2019. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Who are SPS Commerce's major shareholders?

SPS Commerce's top institutional investors include State Street Corp (3.84%), Conestoga Capital Advisors LLC (3.32%), Geode Capital Management LLC (2.49%) and Congress Asset Management Co. (2.24%). Insiders that own company stock include Kimberly K Nelson, Archie C Black, Chadwick Collins, James J Frome, Philip Soran, Sven Wehrwein, James Burr Ramsey and Marty M Reaume.
View institutional ownership trends.

How do I buy shares of SPS Commerce?

Shares of SPSC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of SPS Commerce own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SPS Commerce investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), ServiceNow (NOW), Tesla (TSLA), Adobe (ADBE) and Netflix (NFLX).

Company Calendar

• Last Earnings: 10/24/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/13/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Prepackaged software
• Sub-Industry: Internet Software & Services
• Current Symbol: NASDAQ:SPSC
• CUSIP: 78463M10
• CIK: 1092699
• Web: www.spscommerce.com
• Phone: (612) 435-9400
• Fax: 612-435-9401
• Employees: 2,489
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $223.63
• High Stock Price Target: $250.00
• Low Stock Price Target: $188.00
• Potential Upside/Downside: +24.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.09
• Trailing P/E Ratio: 86.06
• Forward P/E Ratio: 75.26
• P/E Growth: N/A
• Net Income: $65.82 million
• Net Margins: 12.83%
• Pretax Margin: 16.58%
• Return on Equity: 12.60%
• Return on Assets: 10.31%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.36
• Quick Ratio: 2.36

Sales & Book Value

• Annual Sales: $536.91 million
• Price / Sales: 12.59
• Cash Flow: $3.08 per share
• Price / Cash Flow: 58.35
• Book Value: $18.19 per share
• Price / Book: 9.89

Miscellaneous

• Outstanding Shares: 37,570,000
• Free Float: 37,192,000
• Market Cap: $6.76 billion
• Optionable: Optionable
• Beta: 0.84