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SPS Commerce (SPSC) Competitors

$183.63
-4.33 (-2.30%)
(As of 06/7/2024 ET)

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

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

SPS Commerce vs.

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

SPS Commerce presently has a consensus price target of $200.25, suggesting a potential upside of 6.54%. New Relic has a consensus price target of $85.67, suggesting a potential downside of 1.52%. Given SPS Commerce's stronger consensus rating and higher possible upside, analysts clearly believe SPS Commerce is more favorable than New Relic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SPS Commerce
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.75
New Relic
0 Sell rating(s)
10 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

SPS Commerce received 68 more outperform votes than New Relic when rated by MarketBeat users. Likewise, 73.83% of users gave SPS Commerce an outperform vote while only 68.75% of users gave New Relic an outperform vote.

CompanyUnderperformOutperform
SPS CommerceOutperform Votes
629
73.83%
Underperform Votes
223
26.17%
New RelicOutperform Votes
561
68.75%
Underperform Votes
255
31.25%

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

SPS Commerce has a beta of 0.83, meaning that its stock price is 17% less volatile than the S&P 500. Comparatively, New Relic has a beta of 0.84, meaning that its stock price is 16% less volatile than the S&P 500.

SPS Commerce has higher earnings, but lower revenue 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
SPS Commerce$536.91M12.95$65.82M$1.83102.60
New Relic$925.63M6.67-$180.25M-$2.09-41.62

In the previous week, SPS Commerce had 6 more articles in the media than New Relic. MarketBeat recorded 6 mentions for SPS Commerce and 0 mentions for New Relic. SPS Commerce's average media sentiment score of 1.44 beat New Relic's score of 0.32 indicating that SPS Commerce is being referred to more favorably in the media.

Company Overall Sentiment
SPS Commerce Positive
New Relic Neutral

SPS Commerce has a net margin of 12.23% compared to New Relic's net margin of -14.92%. SPS Commerce's return on equity of 12.06% beat New Relic's return on equity.

Company Net Margins Return on Equity Return on Assets
SPS Commerce12.23% 12.06% 9.76%
New Relic -14.92%-12.82%-4.02%

Summary

SPS Commerce beats New Relic on 15 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SPSC 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$6.95B$21.47B$6.44B$8.19B
Dividend YieldN/A2.12%2.87%4.04%
P/E Ratio102.6056.7331.4615.48
Price / Sales12.958.051,310.5475.52
Price / Cash62.8767.0923.3330.78
Price / Book10.329.564.544.35
Net Income$65.82M$363.36M$120.81M$215.65M
7 Day Performance-0.18%0.75%-0.34%-0.86%
1 Month Performance-2.56%-4.72%-1.29%-0.18%
1 Year Performance10.91%4.83%2.50%2.09%

SPS Commerce Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NEWR
New Relic
0.3703 of 5 stars
$86.99
flat
$85.67
-1.5%
+24.6%$6.18B$925.63M-41.622,663High Trading Volume
QLYS
Qualys
2.6528 of 5 stars
$135.67
-3.5%
$162.23
+19.6%
+3.1%$5.19B$554.46M31.412,188Insider Selling
TENB
Tenable
4.0564 of 5 stars
$41.08
-2.6%
$57.20
+39.2%
-0.6%$5.02B$798.71M-70.831,999Positive News
CLDR
Cloudera
0 of 5 stars
$15.99
flat
N/AN/A$4.74B$869.26M-34.022,728
WK
Workiva
3.519 of 5 stars
$75.94
-1.3%
$111.86
+47.3%
-24.2%$4.22B$630.04M-44.152,526
EBAY
eBay
3.8244 of 5 stars
$53.61
-1.1%
$52.05
-2.9%
+18.2%$27.22B$10.11B10.6812,300Analyst Forecast
VRSN
VeriSign
3.4839 of 5 stars
$174.93
+0.3%
$218.00
+24.6%
-19.6%$17.36B$1.49B21.49907Positive News
AKAM
Akamai Technologies
4.7512 of 5 stars
$90.90
-1.5%
$114.00
+25.4%
-3.5%$14.05B$3.81B22.6110,250Positive News
ENV
Envestnet
1.0845 of 5 stars
$65.22
-0.4%
$64.14
-1.7%
+21.6%$3.61B$1.25B-18.323,100Positive News
ZD
Ziff Davis
4.285 of 5 stars
$57.38
-0.4%
$75.13
+30.9%
-13.0%$2.66B$1.36B47.424,200Positive News

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This page (NASDAQ:SPSC) was last updated on 6/7/2024 by MarketBeat.com Staff

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