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SPS Commerce (SPSC) Competitors

SPS Commerce logo
$179.87 +2.34 (+1.32%)
(As of 11/20/2024 ET)

SPSC vs. NEWR, QLYS, WK, TENB, CLDR, VRSN, AKAM, ENV, ZD, and YELP

Should you be buying SPS Commerce stock or one of its competitors? The main competitors of SPS Commerce include New Relic (NEWR), Qualys (QLYS), Workiva (WK), Tenable (TENB), Cloudera (CLDR), VeriSign (VRSN), Akamai Technologies (AKAM), Envestnet (ENV), Ziff Davis (ZD), and Yelp (YELP).

SPS Commerce vs.

New Relic (NYSE:NEWR) and SPS Commerce (NASDAQ:SPSC) are both mid-cap computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, risk, earnings, media sentiment, dividends, valuation, profitability and community ranking.

SPS Commerce received 54 more outperform votes than New Relic when rated by MarketBeat users. Likewise, 73.70% of users gave SPS Commerce an outperform vote while only 69.53% of users gave New Relic an outperform vote.

CompanyUnderperformOutperform
New RelicOutperform Votes
582
69.53%
Underperform Votes
255
30.47%
SPS CommerceOutperform Votes
636
73.70%
Underperform Votes
227
26.30%

SPS Commerce has a consensus target price of $223.63, indicating a potential upside of 24.33%. Given SPS Commerce's stronger consensus rating and higher probable upside, analysts plainly believe SPS Commerce is more favorable than New Relic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
New Relic
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
SPS Commerce
0 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.60

85.9% of New Relic shares are held by institutional investors. Comparatively, 99.0% of SPS Commerce shares are held by institutional investors. 23.0% of New Relic shares are held by insiders. Comparatively, 1.0% of SPS Commerce shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

SPS Commerce has lower revenue, but higher earnings than New Relic. New Relic is trading at a lower price-to-earnings ratio than SPS Commerce, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
New Relic$925.63M6.67-$180.25M-$2.09-41.62
SPS Commerce$536.91M12.59$65.82M$2.0986.06

SPS Commerce has a net margin of 12.83% compared to New Relic's net margin of -14.92%. SPS Commerce's return on equity of 12.60% beat New Relic's return on equity.

Company Net Margins Return on Equity Return on Assets
New Relic-14.92% -12.82% -4.02%
SPS Commerce 12.83%12.60%10.31%

In the previous week, SPS Commerce had 1 more articles in the media than New Relic. MarketBeat recorded 3 mentions for SPS Commerce and 2 mentions for New Relic. SPS Commerce's average media sentiment score of 1.06 beat New Relic's score of 0.32 indicating that SPS Commerce is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
New Relic
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
SPS Commerce
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

New Relic has a beta of 0.84, suggesting that its stock price is 16% less volatile than the S&P 500. Comparatively, SPS Commerce has a beta of 0.84, suggesting that its stock price is 16% less volatile than the S&P 500.

Summary

SPS Commerce beats New Relic on 15 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SPSC vs. The Competition

MetricSPS CommercePrepackaged software IndustryBusiness SectorNASDAQ Exchange
Market Cap$6.76B$25.01B$6.92B$8.82B
Dividend YieldN/A2.32%2.92%4.07%
P/E Ratio86.0690.6445.3017.58
Price / Sales12.598.09203.6073.96
Price / Cash58.3587.3924.3332.51
Price / Book9.8911.015.084.68
Net Income$65.82M$444.73M$120.92M$225.87M
7 Day Performance-3.64%-1.41%-1.12%-2.03%
1 Month Performance-6.72%4.00%8.15%0.07%
1 Year Performance5.57%22.39%29.54%24.55%

SPS Commerce Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SPSC
SPS Commerce
2.9436 of 5 stars
$179.87
+1.3%
$223.63
+24.3%
+5.6%$6.67B$536.91M86.062,489Positive News
NEWR
New Relic
0.781 of 5 stars
$86.99
flat
N/A+0.0%$6.18B$925.63M-41.622,663High Trading Volume
QLYS
Qualys
1.2859 of 5 stars
$147.03
+3.9%
$152.80
+3.9%
-18.2%$5.18B$554.46M32.392,188Insider Trade
WK
Workiva
3.5462 of 5 stars
$92.16
+2.2%
$103.20
+12.0%
-2.6%$4.99B$630.04M0.002,526Positive News
TENB
Tenable
4.2624 of 5 stars
$40.82
+0.1%
$50.81
+24.5%
+3.2%$4.90B$798.71M-80.041,999Insider Trade
CLDR
Cloudera
0.587 of 5 stars
$15.99
flat
N/AN/A$4.74B$869.26M-99.942,728
VRSN
VeriSign
3.9587 of 5 stars
$181.41
+1.8%
$218.00
+20.2%
-14.0%$17.13B$1.49B21.09920Positive News
AKAM
Akamai Technologies
4.6524 of 5 stars
$87.96
+0.7%
$117.47
+33.6%
-21.8%$13.21B$3.97B26.0210,250
ENV
Envestnet
1.0695 of 5 stars
$63.09
flat
$61.88
-1.9%
+60.0%$3.49B$1.34B-13.233,100Analyst Forecast
Positive News
High Trading Volume
ZD
Ziff Davis
4.2195 of 5 stars
$56.04
+1.0%
$71.29
+27.2%
-15.1%$2.37B$1.36B47.494,200Positive News
YELP
Yelp
3.9579 of 5 stars
$35.84
flat
$37.00
+3.2%
-22.7%$2.36B$1.34B21.464,872

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This page (NASDAQ:SPSC) was last updated on 11/21/2024 by MarketBeat.com Staff
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