Q1 Earnings Estimate for SPS Commerce Issued By DA Davidson

SPS Commerce, Inc. (NASDAQ:SPSC) – Analysts at DA Davidson issued their Q1 2025 earnings per share estimates for shares of SPS Commerce in a research report issued on Tuesday, February 11th. DA Davidson analyst G. Luria anticipates that the software maker will post earnings per share of $0.42 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 released its quarterly earnings results on Monday, February 10th. The software maker reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate 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 research analysts have also commented on the stock. Stifel Nicolaus lowered their price objective on shares of SPS Commerce from $225.00 to $200.00 and set a “buy” rating on the stock in a research note on Tuesday. Piper Sandler decreased their price target on SPS Commerce from $198.00 to $175.00 and set a “neutral” rating for the company in a research note on Tuesday. Citigroup dropped their price objective on SPS Commerce from $237.00 to $233.00 and set a “buy” rating on the stock in a research note on Monday, January 27th. Robert W. Baird decreased their target price on SPS Commerce from $188.00 to $175.00 and set a “neutral” rating for the company in a research note on Tuesday. Finally, Needham & Company LLC dropped their price target 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 equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, SPS Commerce has a consensus rating of “Moderate Buy” and an average target price of $207.11.

SPS Commerce Trading Up 0.1 %

SPS Commerce stock opened at $152.94 on Wednesday. SPS Commerce has a 52 week low of $147.27 and a 52 week high of $218.61. The stock has a market cap of $5.75 billion, a price-to-earnings ratio of 73.18 and a beta of 0.88. The company’s 50-day moving average price is $186.73 and its two-hundred day moving average price is $189.28.

Insider Buying and Selling

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

Institutional Investors Weigh In On SPS Commerce

Several institutional investors have recently made changes to their positions in the company. Norges Bank acquired a new position in SPS Commerce in the fourth quarter worth approximately $81,543,000. JPMorgan Chase & Co. increased its stake in shares of SPS Commerce by 99.3% during the 4th quarter. JPMorgan Chase & Co. now owns 507,014 shares of the software maker’s stock worth $93,286,000 after purchasing an additional 252,575 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of SPS Commerce by 94.5% during 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 during the last quarter. Raymond James Financial Inc. acquired a new position in SPS Commerce during the fourth quarter worth $27,441,000. Finally, Geneva Capital Management LLC raised its holdings in SPS Commerce by 31.1% during the fourth 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. 98.96% of the stock is currently owned by institutional investors and hedge funds.

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.