NASDAQ:SPSC

SPS Commerce (SPSC) Stock Forecast, Price & News

$169.97

+4.02 (+2.42%)

(As of 09/22/2023 ET)

Compare

Today's Range: $166.34
▼
$170.76
50-Day Range: $164.08
▼
$194.81
52-Week Range: $114.71
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$196.39

Volume: 105,861 shs
Average Volume: 135,208 shs
Market Capitalization: $6.23 billion

P/E Ratio: 102.39
Dividend Yield: N/A
Price Target: $182.67

SPS Commerce MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.60 Rating Score
Upside/Downside: 7.5% Upside
$182.67 Price Target
Short Interest: Bearish
2.73% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.38
Based on 7 Articles This Week
Insider Trading: Selling Shares
$170,030 Sold Last Quarter
Proj. Earnings Growth: 21.79%
From $1.79 to $2.18 Per Share

Overall MarketRank^™

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

1.76 out of 5 stars

Business Services Sector

232nd out of 296 stocks

Prepackaged Software Industry

165th out of 195 stocks

1.3

Analyst's Opinion

Consensus Rating
SPS Commerce has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $182.67, SPS Commerce has a forecasted upside of 7.5% from its current price of $169.97.
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
2.73% 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 5.3.
Change versus previous month
Short interest in SPS Commerce has recently increased by 18.27%, 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.

2.4

News and Social Media Coverage

News Sentiment
SPS Commerce has a news sentiment score of 0.38. 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 lower news sentiment than the 0.54 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for SPS Commerce this week, compared to 3 articles on an average week.
MarketBeat Follows
1 people have added SPS Commerce to their MarketBeat watchlist in the last 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 $170,030.00 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 21.79% in the coming year, from $1.79 to $2.18 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SPS Commerce is 102.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.62.
Price to Earnings Ratio vs. Sector
The P/E ratio of SPS Commerce is 102.39, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 23.40.
Price to Book Value per Share Ratio
SPS Commerce has a P/B Ratio of 11.41. 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 (NASDAQ:SPSC) Stock

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 Price History

30 days | 90 days | 365 days | Advanced Chart

SPSC Stock News Headlines

September 23, 2023 | americanbankingnews.com

SPS Commerce, Inc. (NASDAQ:SPSC) Receives Average Recommendation of "Moderate Buy" from Brokerages

September 21, 2023 | americanbankingnews.com

Critical Analysis: SPS Commerce (NASDAQ:SPSC) vs. Lightspeed Commerce (NYSE:LSPD)

September 23, 2023 | Legacy Research (Ad)

Reverse ‘money machines’ popping up across America

If you’ve been to a concert venue, stadium, or airport, you’ve almost certainly walked by one without knowing. The experts are calling it a 'Reverse ATM' Why are these machines suddenly appearing out of nowhere? And what does it mean for your money?

September 20, 2023 | americanbankingnews.com

SPS Commerce (NASDAQ:SPSC) Receives "Buy" Rating from Needham & Company LLC

September 19, 2023 | markets.businessinsider.com

Analyst Expectations for SPS Commerce's Future

September 15, 2023 | finance.yahoo.com

SPS Commerce (SPSC) Reported Better-Than-Expected Revenues in Q2

September 13, 2023 | finanznachrichten.de

SPS Commerce, Inc.: SPS Commerce Completes Acquisition of TIE Kinetix

September 13, 2023 | finance.yahoo.com

SPS Commerce Completes Acquisition of TIE Kinetix

September 23, 2023 | Behind the Markets (Ad)

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We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.

September 7, 2023 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Technology Stocks: SPS Commerce (SPSC), HubSpot (HUBS) and C3ai (AI)

September 4, 2023 | finance.yahoo.com

SPS Commerce (NASDAQ:SPSC) Shareholders Will Want The ROCE Trajectory To Continue

August 16, 2023 | benzinga.com

Director of SPS Commerce Makes $170K Sale

August 13, 2023 | finance.yahoo.com

Investors in SPS Commerce (NASDAQ:SPSC) have seen stellar returns of 258% over the past five years

August 9, 2023 | finance.yahoo.com

Here’s Why SPS Commerce (SPSC) was Able to Grow Revenue by 20%

August 2, 2023 | msn.com

SPS Commerce (SPSC) Price Target Increased by 15.38% to 197.71

July 29, 2023 | markets.businessinsider.com

SPS Commerce (SPSC) Gets a Buy from Needham

July 29, 2023 | msn.com

Northland Capital Markets Maintains SPS Commerce (SPSC) Market Perform Recommendation

July 28, 2023 | finanznachrichten.de

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

July 28, 2023 | startribune.com

SPS Commerce buying Netherlands company to expand reach in Europe

July 28, 2023 | stockhouse.com

SPS Commerce Reports Second Quarter 2023 Financial Results

July 28, 2023 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Technology Companies: Intel (INTC), SPS Commerce (SPSC) and Celestica (CLS)

July 28, 2023 | markets.businessinsider.com

The Latest Analyst Ratings for SPS Commerce

July 28, 2023 | finance.yahoo.com

Q2 2023 SPS Commerce Inc Earnings Call

July 27, 2023 | finance.yahoo.com

Is Now An Opportune Moment To Examine SPS Commerce, Inc. (NASDAQ:SPSC)?

July 27, 2023 | markets.businessinsider.com

Here's what Wall Street expects from SPS Commerce's earnings

July 27, 2023 | finanznachrichten.de

SPS Commerce, Inc.: SPS Commerce to Acquire TIE Kinetix

July 27, 2023 | bizjournals.com

SPS Commerce buys TIE Kitetix of the Netherlands for $72 million

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SPSC Company Calendar

Last Earnings: 7/27/2023
Today: 9/23/2023
Next Earnings (Estimated): 10/26/2023
Fiscal Year End: 12/31/2023

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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 Forecast: $182.67
High Stock Price Forecast: $205.00
Low Stock Price Forecast: $151.00
Forecasted Upside/Downside: +7.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.60
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.66
Trailing P/E Ratio: 102.39
Forward P/E Ratio: 94.96
P/E Growth: N/A
Net Income: $55.13 million
Net Margins: 12.53%
Pretax Margin: 15.56%
Return on Equity: 12.55%
Return on Assets: 10.12%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.44
Quick Ratio: 3.44

Sales & Book Value

Annual Sales: $450.88 million
Price / Sales: 13.82
Cash Flow: $2.62 per share
Price / Cash Flow: 64.97
Book Value: $14.90 per share
Price / Book: 11.41

Miscellaneous

Outstanding Shares: 36,650,000
Free Float: 36,211,000
Market Cap: $6.23 billion
Optionable: Optionable
Beta: 0.78

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Key Executives

Mr. Archie C. Black (Age 61)
CEO & Director
Comp: $976.7k

Mr. James J. Frome (Age 58)
Pres & COO
Comp: $749.15k

Ms. Kimberly K. Nelson (Age 55)
Exec. VP & CFO
Comp: $639.59k

Mr. Jamie Thingelstad (Age 51)
Sr. VP & CTO

Ms. Lynn Myhran
Chief Admin. Officer & Chief HR Officer

Mr. Dan Juckniess
Sr. VP & Chief Sales Officer

Mr. Mark O'Leary
Sr. VP & Chief Marketing Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SPSC Stock - Frequently Asked Questions

Should I buy or sell SPS Commerce stock right now?: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SPS Commerce in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research 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 forecast for 2023?: 5 Wall Street research analysts have issued 12-month target prices for SPS Commerce's shares. Their SPSC share price forecasts range from $151.00 to $205.00. On average, they predict the company's share price to reach $182.67 in the next twelve months. This suggests a possible upside of 7.5% 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 on January 1st, 2023. Since then, SPSC shares have increased by 32.3% and is now trading at $169.97.
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, October 26th 2023.
View our SPSC earnings forecast.
How were SPS Commerce's earnings last quarter?: SPS Commerce, Inc. (NASDAQ:SPSC) issued its quarterly earnings results on Thursday, July, 27th. The software maker reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.05. The software maker earned $130.42 million during the quarter, compared to analysts' expectations of $128.50 million. SPS Commerce had a net margin of 12.53% and a trailing twelve-month return on equity of 12.55%.
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 before market open on Thursday, August 22nd 2019. The 2-1 split was announced on Thursday, July 25th 2019. The newly issued shares were payable to shareholders after the closing bell 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, July, 27th. The company provided earnings per share guidance of $2.69-$2.72 for the period, compared to the consensus earnings per share estimate of $2.71. The company issued revenue guidance of $528.5-$530.0 million, compared to the consensus revenue estimate of $528.23 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).
What is SPS Commerce's stock symbol?: SPS Commerce trades on the NASDAQ under the ticker symbol "SPSC."
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 BlackRock Inc. (15.76%), Conestoga Capital Advisors LLC (4.31%), State Street Corp (3.50%), Kayne Anderson Rudnick Investment Management LLC (2.73%), Riverbridge Partners LLC (2.47%) and Congress Asset Management Co. MA (2.32%). Insiders that own company stock include Archie C Black, James Burr Ramsey, James J Frome, Kimberly K Nelson, Martin J Leestma, 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.
What is SPS Commerce's stock price today?: One share of SPSC stock can currently be purchased for approximately $169.97.
How much money does SPS Commerce make?: SPS Commerce (NASDAQ:SPSC) has a market capitalization of $6.23 billion and generates $450.88 million in revenue each year. The software maker earns $55.13 million in net income (profit) each year or $1.66 on an earnings per share basis.
How many employees does SPS Commerce have?: The company employs 2,215 workers across the globe.
How can I contact SPS Commerce?: SPS Commerce's mailing address is 333 SOUTH SEVENTH STREET SUITE 1000, MINNEAPOLIS MN, 55402. The official website for the company is www.spscommerce.com. The software maker can be reached via phone at (612) 435-9400, via email at spsc@blueshirtgroup.com, or via fax at 612-435-9401.

This page (NASDAQ:SPSC) was last updated on 9/23/2023 by MarketBeat.com Staff

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