FY2025 EPS Estimates for SPS Commerce Raised by DA Davidson

SPS Commerce, Inc. (NASDAQ:SPSC) – Investment analysts at DA Davidson boosted their FY2025 earnings per share estimates for shares of SPS Commerce in a report released on Tuesday, February 11th. DA Davidson analyst G. Luria now expects that the software maker will post earnings per share of $2.87 for the year, up from their prior estimate of $2.68. The consensus estimate for SPS Commerce’s current full-year earnings is $2.38 per share. DA Davidson also issued estimates for SPS Commerce’s FY2026 earnings at $3.43 EPS.

SPS Commerce (NASDAQ:SPSC) last released its quarterly earnings data on Monday, February 10th. The software maker reported $0.66 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.21). SPS Commerce had a net margin of 12.83% and a return on equity of 12.60%.

Several other equities research analysts have also recently issued reports on the stock. Northland Securities restated a “market perform” rating and issued a $181.00 target price (down previously from $209.00) on shares of SPS Commerce in a report on Tuesday. Stifel Nicolaus dropped their price target on SPS Commerce from $225.00 to $200.00 and set a “buy” rating on the stock in a research note on Tuesday. Piper Sandler reduced their price objective on SPS Commerce from $198.00 to $175.00 and set a “neutral” rating for the company in a research report on Tuesday. Needham & Company LLC dropped their target price on SPS Commerce from $230.00 to $210.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, 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. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, SPS Commerce has a consensus rating of “Moderate Buy” and an average price target of $207.11.

SPS Commerce Stock Up 0.1 %

Shares of NASDAQ SPSC opened at $152.94 on Thursday. The firm’s 50-day moving average price is $186.73 and its 200-day moving average price is $189.28. SPS Commerce has a 52-week low of $147.27 and a 52-week high of $218.61. The company has a market cap of $5.75 billion, a PE ratio of 73.18 and a beta of 0.88.

Institutional Investors Weigh In On SPS Commerce

A number of institutional investors have recently bought and sold shares of SPSC. Norges Bank purchased a new position in shares of SPS Commerce in the fourth quarter valued at about $81,543,000. JPMorgan Chase & Co. raised its stake in SPS Commerce by 99.3% during the 4th quarter. JPMorgan Chase & Co. now owns 507,014 shares of the software maker’s stock valued at $93,286,000 after purchasing an additional 252,575 shares during the period. Franklin Resources Inc. lifted its holdings in SPS Commerce by 94.5% in the 3rd quarter. Franklin Resources Inc. now owns 432,801 shares of the software maker’s stock worth $84,747,000 after purchasing an additional 210,284 shares in the last quarter. Raymond James Financial Inc. bought a new position in SPS Commerce in the 4th quarter worth approximately $27,441,000. Finally, Geneva Capital Management LLC grew its holdings in SPS Commerce by 31.1% during the 4th quarter. Geneva Capital Management LLC now owns 581,801 shares of the software maker’s stock valued at $107,045,000 after buying an additional 138,014 shares in the last quarter. Hedge funds and other institutional investors own 98.96% of the company’s stock.

Insider Transactions at SPS Commerce

In other SPS Commerce news, CFO Kimberly K. Nelson sold 9,290 shares of the company’s stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $184.68, for a total value of $1,715,677.20. Following the completion of the transaction, the chief financial officer now directly owns 156,292 shares in the company, valued at $28,864,006.56. This represents a 5.61 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Dan Juckniess sold 9,819 shares of the firm’s stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $184.66, for a total transaction of $1,813,176.54. Following the sale, the executive vice president now owns 22,570 shares in the company, valued at $4,167,776.20. The trade was a 30.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 34,230 shares of company stock valued at $6,379,187 over the last quarter. 1.00% of the stock is currently owned by company insiders.

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.