SPS Commerce (NASDAQ:SPSC) Releases Earnings Results, Misses Estimates By $0.21 EPS

SPS Commerce (NASDAQ:SPSC) announced its quarterly earnings data on Monday. The software maker reported $0.66 earnings per share for the quarter, missing the consensus estimate 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 Stock Down 0.6 %

Shares of SPSC stock opened at $177.17 on Tuesday. SPS Commerce has a 12-month low of $160.58 and a 12-month high of $218.61. The company has a market capitalization of $6.66 billion, a PE ratio of 84.77 and a beta of 0.88. The firm has a 50 day moving average price of $188.36 and a two-hundred day moving average price of $189.93.

Insider Activity

In other SPS Commerce news, CFO Kimberly K. Nelson sold 9,290 shares of the stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $184.68, for a total transaction of $1,715,677.20. Following the transaction, the chief financial officer now owns 156,292 shares in the company, valued at $28,864,006.56. This represents a 5.61 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Dan Juckniess sold 5,831 shares of SPS Commerce stock in a transaction that occurred on Wednesday, December 18th. The shares were 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 of the company’s stock, valued at approximately $4,773,988.23. The trade was a 19.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over 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 insiders.

Analyst Upgrades and Downgrades

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

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.