SPS Commerce (NASDAQ:SPSC) Announces Earnings Results, Misses Expectations By $0.21 EPS

SPS Commerce (NASDAQ:SPSC) released its quarterly earnings results on Monday. The software maker reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.21), Zacks reports. SPS Commerce had a net margin of 12.83% and a return on equity of 12.60%. SPS Commerce updated its Q1 2025 guidance to 0.820-0.840 EPS and its FY 2025 guidance to 3.780-3.840 EPS.

SPS Commerce Price Performance

Shares of SPSC stock opened at $177.17 on Tuesday. The stock has a market cap of $6.66 billion, a PE ratio of 84.77 and a beta of 0.88. The stock has a 50-day moving average of $188.36 and a 200-day moving average of $189.93. SPS Commerce has a one year low of $160.58 and a one year high of $218.61.

Insider Activity at SPS Commerce

In related news, EVP Dan Juckniess sold 9,819 shares of the business’s stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $184.66, for a total value of $1,813,176.54. Following the completion of the transaction, the executive vice president now directly owns 22,570 shares in the company, valued at approximately $4,167,776.20. The trade was a 30.32 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Kimberly K. Nelson sold 9,290 shares of the stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $184.68, for a total value of $1,715,677.20. Following the sale, the chief financial officer now directly owns 156,292 shares of the company’s stock, valued at approximately $28,864,006.56. The trade was a 5.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 34,230 shares of company stock worth $6,379,187. 1.00% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms recently issued reports on SPSC. Robert W. Baird lifted their price target on SPS Commerce from $186.00 to $188.00 and gave the company a “neutral” rating in a report on Monday, October 28th. Stifel Nicolaus dropped their target price on shares of SPS Commerce from $250.00 to $225.00 and set a “buy” rating for the company in a research note on Friday, January 3rd. Piper Sandler assumed coverage on shares of SPS Commerce in a research note on Monday, November 25th. They set a “neutral” rating and a $198.00 price target on the stock. Needham & Company LLC restated a “buy” rating and issued a $230.00 price objective on shares of SPS Commerce in a research report on Wednesday, January 15th. Finally, Citigroup decreased their price objective on SPS Commerce from $237.00 to $233.00 and set a “buy” rating on the stock in a research report on Monday, January 27th. Six analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, SPS Commerce has a consensus rating of “Moderate Buy” and an average target price of $219.22.

About SPS Commerce

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.