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SPS Commerce (SPSC) Competitors

$188.09
-0.36 (-0.19%)
(As of 05/31/2024 ET)

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

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 Perficient (PRFT).

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 investment? We will compare the two businesses based on the strength of their valuation, risk, earnings, profitability, community ranking, analyst recommendations, institutional ownership, media sentiment and dividends.

In the previous week, SPS Commerce had 11 more articles in the media than New Relic. MarketBeat recorded 12 mentions for SPS Commerce and 1 mentions for New Relic. New Relic's average media sentiment score of 0.69 beat SPS Commerce'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)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
SPS Commerce
6 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

New Relic presently has a consensus target price of $85.67, suggesting a potential downside of 1.52%. SPS Commerce has a consensus target price of $200.25, suggesting a potential upside of 6.46%. Given New Relic's stronger consensus rating and higher possible 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)
10 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
SPS Commerce
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.75

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

Company Net Margins Return on Equity Return on Assets
New Relic-14.92% -12.82% -4.02%
SPS Commerce 12.23%12.06%9.76%

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

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

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$536.91M12.97$65.82M$1.83102.78

New Relic has a beta of 0.84, meaning that its share price is 16% less volatile than the S&P 500. Comparatively, SPS Commerce has a beta of 0.81, meaning that its share price is 19% less volatile than the S&P 500.

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$6.92B$21.64B$6.33B$7.97B
Dividend YieldN/A2.17%3.00%4.02%
P/E Ratio102.0851.2929.1014.41
Price / Sales12.888.23605.4674.81
Price / Cash63.3469.9728.3230.94
Price / Book10.138.734.534.62
Net Income$65.82M$366.04M$119.24M$213.42M
7 Day Performance-3.64%-2.61%-0.31%0.87%
1 Month Performance7.44%-2.37%2.05%3.85%
1 Year Performance19.90%5.25%6.98%8.96%

SPS Commerce Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NEWR
New Relic
0.3042 of 5 stars
$86.99
flat
$85.67
-1.5%
+24.6%$6.18B$925.63M-41.622,663Analyst Forecast
High Trading Volume
QLYS
Qualys
2.807 of 5 stars
$146.48
+0.2%
$162.23
+10.8%
+13.5%$5.41B$554.46M33.912,188Insider Selling
TENB
Tenable
3.9657 of 5 stars
$43.74
+1.4%
$57.20
+30.8%
+6.0%$5.20B$798.71M-75.411,999Insider Selling
CLDR
Cloudera
0 of 5 stars
$15.99
flat
N/AN/A$4.74B$869.26M-34.022,728
WK
Workiva
3.5093 of 5 stars
$79.50
-1.5%
$111.86
+40.7%
-21.5%$4.36B$630.04M-46.222,526Positive News
EBAY
eBay
4.1284 of 5 stars
$54.41
+3.0%
$51.45
-5.4%
+22.3%$27.53B$10.11B10.8412,300Analyst Forecast
VRSN
VeriSign
4.2336 of 5 stars
$171.17
-0.5%
$218.00
+27.4%
-24.6%$17.05B$1.49B21.03907Analyst Upgrade
Positive News
AKAM
Akamai Technologies
4.1847 of 5 stars
$94.14
+0.2%
$114.00
+21.1%
-2.1%$14.34B$3.81B23.4210,250Short Interest ↑
ENV
Envestnet
1.2095 of 5 stars
$69.09
+0.8%
$64.14
-7.2%
+27.0%$3.81B$1.27B-19.413,069Positive News
PRFT
Perficient
4.0024 of 5 stars
$73.81
+0.1%
$70.43
-4.6%
-4.8%$2.60B$906.54M31.546,547Analyst Forecast
Short Interest ↑

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This page (NASDAQ:SPSC) was last updated on 5/31/2024 by MarketBeat.com Staff

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