NASDAQ:SPSC - SPS Commerce Stock Price, Price Target & More

SPS Commerce trades on the NASDAQ under the ticker symbol "SPSC."

SPS Commerce announced that its Board of Directors has approved a stock repurchase program on Saturday, November 4th 2017, which authorizes the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's board believes its stock is undervalued.

SPS Commerce, Inc. (NASDAQ:SPSC) issued its earnings results on Thursday, April, 26th. The software maker reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.08. The software maker earned $59.09 million during the quarter, compared to analyst estimates of $57.81 million. SPS Commerce had a positive return on equity of 3.01% and a negative net margin of 0.95%. The business's revenue for the quarter was up 13.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.25 EPS. View SPS Commerce's Earnings History.

SPS Commerce is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for SPS Commerce.

SPS Commerce updated its FY18 earnings guidance on Thursday, April, 26th. The company provided earnings per share guidance of $1.40-1.45 for the period, compared to the Thomson Reuters consensus estimate of $1.34. The company issued revenue guidance of $242-244 million, compared to the consensus revenue estimate of $242.54 million.SPS Commerce also updated its Q2 guidance to $0.32-0.34 EPS.

8 brokerages have issued 12-month price targets for SPS Commerce's stock. Their forecasts range from $68.00 to $84.00. On average, they expect SPS Commerce's stock price to reach $76.50 in the next year. This suggests a possible upside of 1.1% from the stock's current price. View Analyst Ratings for SPS Commerce.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SPS Commerce in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to SPS Commerce include 2U (TWOU), HubSpot (HUBS), Medidata Solutions (MDSO), RealPage (RP), Ceridian HCM (CDAY), Nuance Communications (NUAN), Coupa Software (COUP), BOX (BOX), Qualys (QLYS), Ellie Mae (ELLI), Paylocity (PCTY), Manhattan Associates (MANH), CommVault Systems (CVLT), ACI Worldwide (ACIW) and Cornerstone OnDemand (CSOD).

News coverage about SPSC stock has trended somewhat positive recently, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. SPS Commerce earned a media sentiment score of 0.17 on Accern's scale. They also assigned media coverage about the software maker an impact score of 43.46 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

SPS Commerce's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Riverbridge Partners LLC (3.69%), Bank of Montreal Can (0.16%) and Amalgamated Bank (0.02%). Company insiders that own SPS Commerce stock include Archie C Black, James J Frome, Kimberly K Nelson and Michael A Smerklo. View Institutional Ownership Trends for SPS Commerce.

SPSC stock was sold by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC and Bank of Montreal Can. Company insiders that have sold SPS Commerce company stock in the last year include Kimberly K Nelson and Michael A Smerklo. View Insider Buying and Selling for SPS Commerce.

SPSC stock was acquired by a variety of institutional investors in the last quarter, including Amalgamated Bank. View Insider Buying and Selling for SPS Commerce.

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

One share of SPSC stock can currently be purchased for approximately $75.68.

SPS Commerce has a market capitalization of $1.34 billion and generates $220.57 million in revenue each year. The software maker earns $-2,440,000.00 in net income (profit) each year or $0.42 on an earnings per share basis. SPS Commerce employs 1,336 workers across the globe.

SPS Commerce's mailing address is 333 SOUTH SEVENTH STREET SUITE 1000, MINNEAPOLIS MN, 55402. The software maker can be reached via phone at 612-435-9400 or via email at [email protected]