Should I buy or sell SPS Commerce stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SPS Commerce in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SPSC shares. View SPSC analyst ratings or view top-rated stocks .

What is SPS Commerce's stock price target for 2024?

6 Wall Street analysts have issued 1-year price targets for SPS Commerce's shares. Their SPSC share price targets range from $151.00 to $205.00. On average, they expect the company's share price to reach $185.43 in the next twelve months. This suggests a possible upside of 4.3% from the stock's current price. View analysts price targets for SPSC or view top-rated stocks among Wall Street analysts .

How have SPSC shares performed in 2023?

SPS Commerce's stock was trading at $128.43 at the start of the year. Since then, SPSC stock has increased by 38.4% and is now trading at $177.75. View the best growth stocks for 2023 here .

When is SPS Commerce's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024. View our SPSC earnings forecast .

How were SPS Commerce's earnings last quarter?

SPS Commerce, Inc. (NASDAQ:SPSC) released its quarterly earnings data on Thursday, October, 26th. The software maker reported $0.53 EPS for the quarter, topping analysts' consensus estimates of $0.44 by $0.09. The software maker had revenue of $135.66 million for the quarter, compared to analysts' expectations of $134.20 million. SPS Commerce had a net margin of 12.20% and a trailing twelve-month return on equity of 12.21%.

What ETFs hold SPS Commerce's stock?

ETFs with the largest weight of SPS Commerce (NASDAQ:SPSC) stock in their portfolio include Invesco S&P SmallCap Information Technology ETF (PSCT) , Alger Weatherbie Enduring Growth ETF (AWEG) , Global X Cloud Computing ETF (CLOU) , Invesco Dynamic Software ETF (PSJ) , Invesco Dorsey Wright Technology Momentum ETF (PTF) , First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) , Vanguard S&P Small-Cap 600 Growth ETF (VIOG) and SPDR S&P 600 Small Cap Growth ETF (SLYG) .

When did SPS Commerce's stock split?

SPS Commerce shares split on the morning of Thursday, August 22nd 2019. The 2-1 split was announced on Thursday, July 25th 2019. The newly minted shares were payable to shareholders after the market closes on Wednesday, August 21st 2019. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What guidance has SPS Commerce issued on next quarter's earnings?

SPS Commerce issued an update on its FY23 earnings guidance on Thursday, October, 26th. The company provided earnings per share (EPS) guidance of $2.77-$2.79 for the period, compared to the consensus EPS estimate of $2.73. The company issued revenue guidance of $534.2-$535.2 million, compared to the consensus revenue estimate of $532.05 million.

What is Archie Black's approval rating as SPS Commerce's CEO?

176 employees have rated SPS Commerce Chief Executive Officer Archie Black on Glassdoor.com . Archie Black has an approval rating of 92% among the company's employees. This puts Archie Black in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of SPS Commerce own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SPS Commerce investors own include AbbVie (ABBV) , Advanced Micro Devices (AMD) , Verizon Communications (VZ) , Adobe (ADBE) , Alibaba Group (BABA) , Splunk (SPLK) , Twilio (TWLO) , Exxon Mobil (XOM) , Abbott Laboratories (ABT) and Bristol-Myers Squibb (BMY) .

Who are SPS Commerce's major shareholders?

SPS Commerce's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Conestoga Capital Advisors LLC (4.24%), Kayne Anderson Rudnick Investment Management LLC (2.61%), Congress Asset Management Co. MA (2.31%), Riverbridge Partners LLC (2.26%), Morgan Stanley (1.90%) and Fred Alger Management LLC (1.76%). Insiders that own company stock include Archie C Black , James Burr Ramsey , James J Frome , Kimberly K Nelson , Philip Soran and Sven Wehrwein . View institutional ownership trends .

How do I buy shares of SPS Commerce?

Shares of SPSC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

SPS Commerce Stock Price, News & Analysis (NASDAQ:SPSC)

$177.75

+5.47 (+3.18%)

(As of 12/1/2023 ET)

Compare

Today's Range: $171.69
▼
$177.99
50-Day Range: $154.22
▼
$186.41
52-Week Range: $120.66
▼
$196.39

Volume: 141,790 shs
Average Volume: 152,259 shs
Market Capitalization: $6.52 billion

P/E Ratio: 105.80
Dividend Yield: N/A
Price Target: $185.43

SPS Commerce MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 4.3% Upside
$185.43 Price Target
Short Interest: Bearish
2.78% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.25
Based on 5 Articles This Week
Insider Trading: Selling Shares
$8.39 M Sold Last Quarter
Proj. Earnings Growth: 17.55%
From $1.88 to $2.21 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.85 out of 5 stars

Business Services Sector

214th out of 309 stocks

Prepackaged Software Industry

145th out of 203 stocks

1.4

Analyst's Opinion

Consensus Rating
SPS Commerce has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $185.43, SPS Commerce has a forecasted upside of 4.3% from its current price of $177.75.
Amount of Analyst Coverage
SPS Commerce has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.78% of the outstanding shares of SPS Commerce have been sold short.
Short Interest Ratio / Days to Cover
SPS Commerce has a short interest ratio ("days to cover") of 7.
Change versus previous month
Short interest in SPS Commerce has recently increased by 7.82%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
SPS Commerce does not currently pay a dividend.
Dividend Growth
SPS Commerce does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SPSC.

2.9

News and Social Media Coverage

News Sentiment
SPS Commerce has a news sentiment score of 1.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for SPS Commerce this week, compared to 4 articles on an average week.
MarketBeat Follows
Only 2 people have added SPS Commerce to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SPS Commerce insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $8,387,186.00 in company stock.
Percentage Held by Insiders
Only 1.20% of the stock of SPS Commerce is held by insiders.
Percentage Held by Institutions
98.96% of the stock of SPS Commerce is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for SPS Commerce are expected to grow by 17.55% in the coming year, from $1.88 to $2.21 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SPS Commerce is 105.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.47.
Price to Earnings Ratio vs. Sector
The P/E ratio of SPS Commerce is 105.80, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 32.16.
Price to Book Value per Share Ratio
SPS Commerce has a P/B Ratio of 10.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About SPS Commerce Stock (NASDAQ:SPSC)

SPS Commerce, Inc. provides cloud-based supply chain management solutions worldwide. It offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, suppliers, grocers, distributors, and logistics firms manage and fulfill omnichannel orders, optimize sell-through performance, and automate new trading relationships. The company also provides Fulfillment solution, an electronic data interchange solution that scales as a business grows, where companies use a single system to manage orders and logistics from various sales channels, including wholesale, eCommerce, and marketplaces; and Analytics product that enables organizations to enhance visibility into how products are selling through a single connection across various sales channels, including wholesale, eCommerce, and marketplaces, as well as enhances access and usage of sales and inventory data through a combination of analytics applications, network of connections, and industry-leading expertise. In addition, it offers various complimentary products, such as assortment product, which simplifies the communication of robust, accurate item data by automatically translating item attributes, and hierarchies; and community product that allows organizations to accelerate digitization of their supply chain and improve collaboration with suppliers through change management and onboarding programs. The company was formerly known as St. Paul Software, Inc. and changed its name to SPS Commerce, Inc. in May 2001. SPS Commerce, Inc. was incorporated in 1987 and is headquartered in Minneapolis, Minnesota.

SPSC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SPSC Stock News Headlines

November 29, 2023 | americanbankingnews.com

Global System Dynamics (NASDAQ:GSD) and SPS Commerce (NASDAQ:SPSC) Head-To-Head Contrast

November 17, 2023 | finance.yahoo.com

Insider Sell: Director Philip Soran Sells Shares of SPS Commerce Inc (SPSC)

December 2, 2023 | Wealthpress (Ad)

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November 15, 2023 | nasdaq.com

DA Davidson Initiates Coverage of SPS Commerce (SPSC) with Buy Recommendation

November 15, 2023 | finance.yahoo.com

SPS Commerce (SPSC) Fell 11% in Q3

November 4, 2023 | finance.yahoo.com

Director Sven Wehrwein Sells 1,500 Shares of SPS Commerce Inc

October 31, 2023 | morningstar.com

SPS Commerce Inc SPSC

October 31, 2023 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: Exlservice Holdings (EXLS) and SPS Commerce (SPSC)

December 2, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

October 28, 2023 | benzinga.com

SPS Commerce Stock (NASDAQ:SPSC), Analyst Ratings, Price Targets, Predictions

October 27, 2023 | finanznachrichten.de

SPS Commerce, Inc.: SPS Commerce Reports Third Quarter 2023 Financial Results

October 27, 2023 | msn.com

Northland Capital Markets Upgrades SPS Commerce (SPSC)

October 27, 2023 | startribune.com

New SPS Commerce CEO aims for more geographic expansion beyond Minneapolis

October 27, 2023 | markets.businessinsider.com

William Blair Keeps Their Hold Rating on SPS Commerce (SPSC)

October 27, 2023 | finance.yahoo.com

SPS Commerce, Inc. (NASDAQ:SPSC) Q3 2023 Earnings Call Transcript

October 27, 2023 | finance.yahoo.com

Q3 2023 SPS Commerce Inc Earnings Call

October 26, 2023 | msn.com

SPS Commerce Non-GAAP EPS of $0.75 beats by $0.08, revenue of $135.7M beats by $1.47M

October 26, 2023 | seekingalpha.com

SPS Commerce, Inc. 2023 Q3 - Results - Earnings Call Presentation

October 26, 2023 | finance.yahoo.com

SPS Commerce Reports Third Quarter 2023 Financial Results

October 26, 2023 | finance.yahoo.com

SPS Commerce Inc (SPSC) Reports 18% Revenue Growth in Q3 2023

October 26, 2023 | nasdaq.com

Stocks Plunge Before the Open as Earnings Worries Weigh on Sentiment, U.S. GDP Data and ECB Decision in Focus

October 25, 2023 | msn.com

SPS Commerce Q3 2023 Earnings Preview

October 21, 2023 | finance.yahoo.com

Is SPS Commerce, Inc. (NASDAQ:SPSC) Worth US$160 Based On Its Intrinsic Value?

October 12, 2023 | finance.yahoo.com

SPS Commerce Announces Date of Third Quarter 2023 Financial Results

October 3, 2023 | msn.com

SPS Commerce: Poised To Dominate The EDI Industry

September 26, 2023 | marketwatch.com

SPS Commerce Acquires The Order Exchange

September 26, 2023 | finance.yahoo.com

The Order Exchange Joins SPS Commerce

See More Headlines

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Company Calendar

Last Earnings: 10/26/2023
Today: 12/01/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/08/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: Internet Software & Services
Sector: Business Services
Current Symbol: NASDAQ:SPSC
CUSIP: 78463M10
CIK: 1092699
Web: www.spscommerce.com
Phone: (612) 435-9400
Fax: 612-435-9401
Employees: 2,215
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $185.43
High Stock Price Target: $205.00
Low Stock Price Target: $151.00
Potential Upside/Downside: +4.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.83
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.68
Trailing P/E Ratio: 105.80
Forward P/E Ratio: 94.55
P/E Growth: N/A
Net Income: $55.13 million
Net Margins: 12.20%
Pretax Margin: 15.56%
Return on Equity: 12.21%
Return on Assets: 9.84%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.71
Quick Ratio: 2.71

Sales & Book Value

Annual Sales: $513.96 million
Price / Sales: 12.69
Cash Flow: $2.65 per share
Price / Cash Flow: 67.14
Book Value: $17.08 per share
Price / Book: 10.41

Miscellaneous

Outstanding Shares: 36,698,000
Free Float: 36,258,000
Market Cap: $6.52 billion
Optionable: Optionable
Beta: 0.80

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Key Executives

Mr. Archie C. Black (Age 61)
Executive Chair
Comp: $976.7k
Mr. James J. Frome (Age 58)
President & COO
Comp: $749.15k
Ms. Kimberly K. Nelson (Age 55)
Executive VP & CFO
Comp: $639.59k
Mr. Chad Collins (Age 47)
CEO & Director
Mr. Jamie Thingelstad (Age 51)
Senior VP & CTO
Ms. Lynn Myhran
Chief Administrative Officer & Chief Human Resources Officer
Mr. Dan Juckniess
Senior VP & Chief Sales Officer
Mr. Mark O'Leary
Senior VP & Chief Marketing Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SPSC Stock Analysis - Frequently Asked Questions

Should I buy or sell SPS Commerce stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SPS Commerce in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SPSC shares.
View SPSC analyst ratings or view top-rated stocks.
What is SPS Commerce's stock price target for 2024?: 6 Wall Street analysts have issued 1-year price targets for SPS Commerce's shares. Their SPSC share price targets range from $151.00 to $205.00. On average, they expect the company's share price to reach $185.43 in the next twelve months. This suggests a possible upside of 4.3% from the stock's current price.
View analysts price targets for SPSC or view top-rated stocks among Wall Street analysts.
How have SPSC shares performed in 2023?: SPS Commerce's stock was trading at $128.43 at the start of the year. Since then, SPSC stock has increased by 38.4% and is now trading at $177.75.
View the best growth stocks for 2023 here.
When is SPS Commerce's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024.
View our SPSC earnings forecast.
How were SPS Commerce's earnings last quarter?: SPS Commerce, Inc. (NASDAQ:SPSC) released its quarterly earnings data on Thursday, October, 26th. The software maker reported $0.53 EPS for the quarter, topping analysts' consensus estimates of $0.44 by $0.09. The software maker had revenue of $135.66 million for the quarter, compared to analysts' expectations of $134.20 million. SPS Commerce had a net margin of 12.20% and a trailing twelve-month return on equity of 12.21%.
What ETFs hold SPS Commerce's stock?: ETFs with the largest weight of SPS Commerce (NASDAQ:SPSC) stock in their portfolio include Invesco S&P SmallCap Information Technology ETF (PSCT), Alger Weatherbie Enduring Growth ETF (AWEG), Global X Cloud Computing ETF (CLOU), Invesco Dynamic Software ETF (PSJ), Invesco Dorsey Wright Technology Momentum ETF (PTF), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC), Vanguard S&P Small-Cap 600 Growth ETF (VIOG) and SPDR S&P 600 Small Cap Growth ETF (SLYG).

When did SPS Commerce's stock split?: SPS Commerce shares split on the morning of Thursday, August 22nd 2019. The 2-1 split was announced on Thursday, July 25th 2019. The newly minted shares were payable to shareholders after the market closes on Wednesday, August 21st 2019. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.
What guidance has SPS Commerce issued on next quarter's earnings?: SPS Commerce issued an update on its FY23 earnings guidance on Thursday, October, 26th. The company provided earnings per share (EPS) guidance of $2.77-$2.79 for the period, compared to the consensus EPS estimate of $2.73. The company issued revenue guidance of $534.2-$535.2 million, compared to the consensus revenue estimate of $532.05 million.
What is Archie Black's approval rating as SPS Commerce's CEO?: 176 employees have rated SPS Commerce Chief Executive Officer Archie Black on Glassdoor.com. Archie Black has an approval rating of 92% among the company's employees. This puts Archie Black in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of SPS Commerce own?: Based on aggregate information from My MarketBeat watchlists, some companies that other SPS Commerce investors own include AbbVie (ABBV), Advanced Micro Devices (AMD), Verizon Communications (VZ), Adobe (ADBE), Alibaba Group (BABA), Splunk (SPLK), Twilio (TWLO), Exxon Mobil (XOM), Abbott Laboratories (ABT) and Bristol-Myers Squibb (BMY).
Who are SPS Commerce's major shareholders?: SPS Commerce's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Conestoga Capital Advisors LLC (4.24%), Kayne Anderson Rudnick Investment Management LLC (2.61%), Congress Asset Management Co. MA (2.31%), Riverbridge Partners LLC (2.26%), Morgan Stanley (1.90%) and Fred Alger Management LLC (1.76%). Insiders that own company stock include Archie C Black, James Burr Ramsey, James J Frome, Kimberly K Nelson, Philip Soran and Sven Wehrwein.
View institutional ownership trends.
How do I buy shares of SPS Commerce?: Shares of SPSC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:SPSC) was last updated on 12/2/2023 by MarketBeat.com Staff

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