SPS Commerce (NASDAQ:SPSC) Receives Hold (C-) Rating from Weiss Ratings

Key Points

• SPS Commerce (NASDAQ:SPSC) received a "hold (C-)" rating from Weiss Ratings, with five analysts rating the stock as a "buy" and six as a "hold."
• The company's recent earnings report showed an EPS of $1.00, exceeding the estimate of $0.90, while revenue increased by 22% year-over-year to $187.4 million.
• SPS Commerce has set a FY 2025 guidance of 3.990-4.040 EPS, and its current stock is priced at around $108.62, with a market capitalization of $4.12 billion.

SPS Commerce (NASDAQ:SPSC - Get Free Report)'s stock had its "hold (c-)" rating restated by investment analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Several other equities research analysts also recently issued reports on SPSC. Cantor Fitzgerald cut their price objective on shares of SPS Commerce from $170.00 to $135.00 and set an "overweight" rating for the company in a research report on Wednesday, September 24th. Stifel Nicolaus cut their price objective on shares of SPS Commerce from $175.00 to $165.00 and set a "buy" rating for the company in a research report on Thursday, July 31st. Northland Securities set a $125.00 price objective on shares of SPS Commerce in a research report on Tuesday, September 30th. Wall Street Zen upgraded shares of SPS Commerce from a "hold" rating to a "buy" rating in a research report on Monday. Finally, Needham & Company LLC restated a "buy" rating and set a $160.00 price objective on shares of SPS Commerce in a research report on Wednesday, September 24th. Five analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, SPS Commerce currently has a consensus rating of "Hold" and a consensus price target of $156.70.

SPS Commerce Stock Performance

Shares of NASDAQ:SPSC opened at $108.62 on Wednesday. SPS Commerce has a 52-week low of $102.05 and a 52-week high of $201.06. The company has a market capitalization of $4.12 billion, a P/E ratio of 49.83 and a beta of 0.69. The company has a 50-day simple moving average of $108.94 and a 200 day simple moving average of $128.05.

SPS Commerce (NASDAQ:SPSC - Get Free Report) last issued its earnings results on Wednesday, July 30th. The software maker reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.10. SPS Commerce had a net margin of 11.79% and a return on equity of 12.10%. The business had revenue of $187.40 million during the quarter, compared to the consensus estimate of $185.88 million. During the same period last year, the business posted $0.80 EPS. SPS Commerce's revenue was up 22.0% on a year-over-year basis. SPS Commerce has set its FY 2025 guidance at 3.990-4.040 EPS. Q3 2025 guidance at 0.960-1.000 EPS. As a group, equities analysts forecast that SPS Commerce will post 2.73 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. UMB Bank n.a. increased its stake in SPS Commerce by 60.6% in the second quarter. UMB Bank n.a. now owns 212 shares of the software maker's stock valued at $29,000 after acquiring an additional 80 shares during the last quarter. NewEdge Advisors LLC increased its stake in SPS Commerce by 545.7% in the first quarter. NewEdge Advisors LLC now owns 226 shares of the software maker's stock valued at $30,000 after acquiring an additional 191 shares during the last quarter. Allworth Financial LP increased its stake in SPS Commerce by 296.6% in the first quarter. Allworth Financial LP now owns 234 shares of the software maker's stock valued at $33,000 after acquiring an additional 175 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its stake in SPS Commerce by 105.4% in the first quarter. Caitong International Asset Management Co. Ltd now owns 302 shares of the software maker's stock valued at $40,000 after acquiring an additional 155 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its stake in SPS Commerce by 41.1% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 316 shares of the software maker's stock valued at $43,000 after acquiring an additional 92 shares during the last quarter. 98.96% of the stock is owned by institutional investors.

SPS Commerce Company Profile

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.

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