Q1 Earnings Forecast for SPS Commerce Issued By DA Davidson

SPS Commerce, Inc. (NASDAQ:SPSC) – DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for SPS Commerce in a research note issued on Tuesday, February 11th. DA Davidson analyst G. Luria forecasts that the software maker will post earnings of $0.42 per share for the quarter. 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 FY2025 earnings at $2.68 EPS.

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

A number of other equities analysts also recently issued reports on SPSC. Piper Sandler lowered their price target on SPS Commerce from $198.00 to $175.00 and set a “neutral” rating for the company in a report on Tuesday. Robert W. Baird lowered their price target on SPS Commerce from $188.00 to $175.00 and set a “neutral” rating for the company in a report on Tuesday. Citigroup lowered their price target on SPS Commerce from $237.00 to $233.00 and set a “buy” rating for the company in a report on Monday, January 27th. Stifel Nicolaus lowered their price target on SPS Commerce from $225.00 to $200.00 and set a “buy” rating for the company in a report on Tuesday. Finally, Northland Securities reaffirmed a “market perform” rating and issued a $181.00 price target (down from $209.00) on shares of SPS Commerce in a report on Tuesday. Six equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $207.11.

SPS Commerce Stock Performance

Shares of SPS Commerce stock opened at $148.50 on Wednesday. SPS Commerce has a one year low of $147.27 and a one year high of $218.61. The company has a market cap of $5.58 billion, a PE ratio of 71.05 and a beta of 0.88. The business has a 50-day simple moving average of $186.73 and a 200-day simple moving average of $189.28.

Insider Buying and Selling at SPS Commerce

In other news, EVP Dan Juckniess sold 5,831 shares of the company’s stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $200.31, for a total transaction of $1,168,007.61. Following the completion of the sale, the executive vice president now owns 23,833 shares in the company, valued at $4,773,988.23. This represents a 19.66 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Kimberly K. Nelson sold 9,290 shares of the company’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $181.09, for a total value of $1,682,326.10. Following the sale, the chief financial officer now owns 147,002 shares of the company’s stock, valued at $26,620,592.18. This trade represents a 5.94 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 34,230 shares of company stock worth $6,379,187. 1.00% of the stock is owned by insiders.

Institutional Investors Weigh In On SPS Commerce

Several large investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its stake in shares of SPS Commerce by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 4,630,859 shares of the software maker’s stock worth $852,032,000 after purchasing an additional 67,687 shares during the last quarter. State Street Corp grew its holdings in SPS Commerce by 1.1% during the third quarter. State Street Corp now owns 1,444,083 shares of the software maker’s stock worth $280,398,000 after acquiring an additional 16,357 shares during the period. FMR LLC grew its holdings in SPS Commerce by 109.7% during the fourth quarter. FMR LLC now owns 1,419,831 shares of the software maker’s stock worth $261,235,000 after acquiring an additional 742,686 shares during the period. Conestoga Capital Advisors LLC grew its holdings in SPS Commerce by 1.7% during the third quarter. Conestoga Capital Advisors LLC now owns 1,248,581 shares of the software maker’s stock worth $242,437,000 after acquiring an additional 21,170 shares during the period. Finally, Geode Capital Management LLC grew its holdings in SPS Commerce by 1.5% during the third quarter. Geode Capital Management LLC now owns 937,321 shares of the software maker’s stock worth $182,287,000 after acquiring an additional 14,174 shares during the period. Hedge funds and other institutional investors own 98.96% of the company’s stock.

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.