SPS Commerce, Inc. (NASDAQ:SPSC - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $60.62 and traded as high as $82.50. SPS Commerce shares last traded at $81.35, with a volume of 398,172 shares traded.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on the stock. Stifel Nicolaus set a $70.00 price objective on shares of SPS Commerce and gave the company a "hold" rating in a research note on Friday, July 31st. Cantor Fitzgerald restated a "neutral" rating and issued a $70.00 target price (up from $60.00) on shares of SPS Commerce in a report on Friday, July 31st. Weiss Ratings upgraded shares of SPS Commerce from a "sell (d)" rating to a "sell (d+)" rating in a report on Thursday, August 6th. Morgan Stanley reiterated an "underweight" rating and set a $59.00 price target (up from $57.00) on shares of SPS Commerce in a report on Friday, July 31st. Finally, Wall Street Zen lowered SPS Commerce from a "buy" rating to a "hold" rating in a research report on Saturday, July 18th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, SPS Commerce presently has a consensus rating of "Hold" and an average target price of $77.10.
Read Our Latest Analysis on SPSC
SPS Commerce Trading Up 0.3%
The company has a market cap of $2.93 billion, a price-to-earnings ratio of 39.30 and a beta of 0.53. The firm's 50-day moving average price is $65.77 and its 200 day moving average price is $60.62.
SPS Commerce (NASDAQ:SPSC - Get Free Report) last released its earnings results on Thursday, July 30th. The software maker reported $1.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.09 by $0.18. The company had revenue of $197.81 million for the quarter, compared to the consensus estimate of $195.46 million. SPS Commerce had a net margin of 10.10% and a return on equity of 13.04%. SPS Commerce's quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.00 EPS. SPS Commerce has set its Q3 2026 guidance at 1.200-1.230 EPS and its FY 2026 guidance at 4.840-4.930 EPS. Analysts forecast that SPS Commerce, Inc. will post 3.56 earnings per share for the current fiscal year.
Hedge Funds Weigh In On SPS Commerce
Institutional investors and hedge funds have recently made changes to their positions in the stock. NewEdge Advisors LLC increased its position in SPS Commerce by 545.7% in the 1st quarter. NewEdge Advisors LLC now owns 226 shares of the software maker's stock valued at $30,000 after buying an additional 191 shares in the last quarter. Advisory Services Network LLC acquired a new position in SPS Commerce during the 3rd quarter worth approximately $32,000. Advisors Asset Management Inc. boosted its holdings in SPS Commerce by 39.9% in the first quarter. Advisors Asset Management Inc. now owns 393 shares of the software maker's stock worth $52,000 after acquiring an additional 112 shares in the last quarter. Global Retirement Partners LLC grew its stake in SPS Commerce by 2,130.0% in the fourth quarter. Global Retirement Partners LLC now owns 446 shares of the software maker's stock valued at $40,000 after acquiring an additional 426 shares during the period. Finally, Summit Securities Group LLC bought a new stake in shares of SPS Commerce during the fourth quarter valued at approximately $45,000. Institutional investors own 98.96% of the company's stock.
SPS Commerce Company Profile
(
Get Free Report)
SPS Commerce, Inc is a leading provider of cloud-based supply chain management solutions that enable seamless collaboration between retailers, suppliers and logistics providers. Through its robust network, SPS Commerce connects trading partners with electronic data interchange (EDI) capabilities, helping businesses automate order processing, inventory management and fulfillment workflows. The company's platform ensures data accuracy, accelerates order-to-cash cycles and reduces manual intervention, supporting a wide range of industries including retail, grocery, consumer goods and automotive.
The company offers a suite of services encompassing EDI, retail-ready compliance, order management and data analytics.
Further Reading
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