SPS Commerce (NASDAQ:SPSC) Releases Quarterly Earnings Results

SPS Commerce (NASDAQ:SPSC) released its quarterly earnings results on Monday. The software maker reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.21), Zacks reports. SPS Commerce had a return on equity of 12.60% and a net margin of 12.83%. 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 Stock Performance

NASDAQ SPSC opened at $152.72 on Wednesday. SPS Commerce has a one year low of $148.00 and a one year high of $218.61. The company’s 50 day moving average price is $187.58 and its 200 day moving average price is $189.54. The firm has a market capitalization of $5.74 billion, a price-to-earnings ratio of 73.07 and a beta of 0.88.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on SPSC shares. Northland Securities reaffirmed a “market perform” rating and set a $181.00 price target (down from $209.00) on shares of SPS Commerce in a research note on Tuesday. Robert W. Baird decreased their price target on shares of SPS Commerce from $188.00 to $175.00 and set a “neutral” rating on the stock in a research note on Tuesday. Citigroup decreased their price target on shares of SPS Commerce from $237.00 to $233.00 and set a “buy” rating on the stock in a research note on Monday, January 27th. Stifel Nicolaus decreased their target price on shares of SPS Commerce from $225.00 to $200.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, Needham & Company LLC decreased their target price on shares of SPS Commerce from $230.00 to $210.00 and set a “buy” rating on the stock in a research report on Tuesday. Six analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, SPS Commerce presently has an average rating of “Moderate Buy” and an average price target of $207.11.

Insider Activity at SPS Commerce

In related news, CFO Kimberly K. Nelson sold 9,290 shares of the firm’s stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $181.09, for a total value of $1,682,326.10. Following the transaction, the chief financial officer now owns 147,002 shares in the company, valued at approximately $26,620,592.18. This trade represents a 5.94 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Dan Juckniess sold 9,819 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, 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 position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 34,230 shares of company stock worth $6,379,187. Company insiders own 1.00% 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.