What is DA Davidson's Estimate for SPS Commerce Q1 Earnings?

SPS Commerce, Inc. (NASDAQ:SPSC - Free Report) - Research analysts at DA Davidson lowered their Q1 2025 earnings per share (EPS) estimates for SPS Commerce in a note issued to investors on Tuesday, April 15th. DA Davidson analyst G. Luria now expects that the software maker will post earnings per share of $0.59 for the quarter, down from their prior forecast of $0.61. DA Davidson currently has a "Buy" rating and a $175.00 target price on the stock. The consensus estimate for SPS Commerce's current full-year earnings is $2.73 per share. DA Davidson also issued estimates for SPS Commerce's FY2026 earnings at $3.17 EPS.

A number of other brokerages also recently issued reports on SPSC. Needham & Company LLC reaffirmed a "buy" rating and issued a $210.00 price objective on shares of SPS Commerce in a research report on Wednesday, March 26th. Stifel Nicolaus decreased their target price on SPS Commerce from $225.00 to $200.00 and set a "buy" rating for the company in a research report on Tuesday, February 11th. Piper Sandler cut their price target on shares of SPS Commerce from $198.00 to $175.00 and set a "neutral" rating on the stock in a report on Tuesday, February 11th. Robert W. Baird reduced their price target on shares of SPS Commerce from $188.00 to $175.00 and set a "neutral" rating for the company in a research report on Tuesday, February 11th. Finally, Citigroup lowered their price objective on shares of SPS Commerce from $237.00 to $233.00 and set a "buy" rating on the stock in a research report on Monday, January 27th. Five analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $199.89.

SPS Commerce Price Performance

Shares of NASDAQ SPSC traded down $2.53 during trading on Wednesday, hitting $126.53. The stock had a trading volume of 51,034 shares, compared to its average volume of 231,584. The firm has a fifty day moving average of $133.39 and a two-hundred day moving average of $168.08. The company has a market capitalization of $4.81 billion, a PE ratio of 62.02 and a beta of 0.89. SPS Commerce has a 12 month low of $120.09 and a 12 month high of $218.61.

SPS Commerce (NASDAQ:SPSC - Get Free Report) last announced its quarterly earnings data on Monday, February 10th. The software maker reported $0.66 EPS for the quarter, missing analysts' consensus estimates of $0.87 by ($0.21). SPS Commerce had a net margin of 12.08% and a return on equity of 12.27%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SPSC. Vanguard Group Inc. grew its position in SPS Commerce by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 4,630,859 shares of the software maker's stock worth $852,032,000 after buying an additional 67,687 shares in the last quarter. FMR LLC raised its position in shares of SPS Commerce by 109.7% during the 4th quarter. FMR LLC now owns 1,419,831 shares of the software maker's stock valued at $261,235,000 after buying an additional 742,686 shares in the last quarter. Conestoga Capital Advisors LLC grew its position in SPS Commerce by 0.9% in the first quarter. Conestoga Capital Advisors LLC now owns 1,260,182 shares of the software maker's stock worth $167,264,000 after acquiring an additional 11,590 shares in the last quarter. Ameriprise Financial Inc. raised its position in SPS Commerce by 33.4% during the fourth quarter. Ameriprise Financial Inc. now owns 765,709 shares of the software maker's stock valued at $140,882,000 after purchasing an additional 191,740 shares in the last quarter. Finally, Geneva Capital Management LLC boosted its holdings in shares of SPS Commerce by 31.1% in the 4th quarter. Geneva Capital Management LLC now owns 581,801 shares of the software maker's stock worth $107,045,000 after purchasing an additional 138,014 shares in the last quarter. 98.96% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Chadwick Collins sold 2,840 shares of the stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $148.12, for a total value of $420,660.80. Following the sale, the chief executive officer now directly owns 5,270,106 shares of the company's stock, valued at approximately $780,608,100.72. This represents a 0.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Dan Juckniess sold 2,591 shares of the business's stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $148.02, for a total transaction of $383,519.82. Following the transaction, the executive vice president now directly owns 1,367,584 shares of the company's stock, valued at approximately $202,429,783.68. This represents a 0.19 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 37,864 shares of company stock worth $6,613,078 over the last 90 days. Corporate insiders own 0.98% of the company's stock.

About SPS Commerce

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.