FY2025 EPS Estimates for SPS Commerce Boosted by DA Davidson

SPS Commerce, Inc. (NASDAQ:SPSC) – Analysts at DA Davidson boosted their FY2025 earnings per share (EPS) estimates for SPS Commerce in a note issued to investors on Tuesday, February 11th. DA Davidson analyst G. Luria now expects that the software maker will post earnings per share of $2.87 for the year, up from their prior forecast of $2.68. 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 FY2026 earnings at $3.43 EPS.

A number of other equities research analysts also recently issued reports on SPSC. Piper Sandler decreased their price target on shares of SPS Commerce from $198.00 to $175.00 and set a “neutral” rating on the stock in a research note on Tuesday. Northland Securities restated a “market perform” rating and set a $181.00 target price (down from $209.00) on shares of SPS Commerce in a research report on Tuesday. Stifel Nicolaus lowered their price target on shares of SPS Commerce from $225.00 to $200.00 and set a “buy” rating for the company in a report on Tuesday. Needham & Company LLC reduced their price objective on SPS Commerce from $230.00 to $210.00 and set a “buy” rating on the stock in a research note on Tuesday. Finally, Robert W. Baird lowered their price objective on SPS Commerce from $188.00 to $175.00 and set a “neutral” rating for the company in a research note on Tuesday. Six investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $207.11.

SPS Commerce Stock Performance

NASDAQ SPSC opened at $152.94 on Thursday. The stock has a 50 day moving average price of $186.73 and a 200-day moving average price of $189.28. SPS Commerce has a one year low of $147.27 and a one year high of $218.61. The company has a market capitalization of $5.75 billion, a P/E ratio of 73.18 and a beta of 0.88.

SPS Commerce (NASDAQ:SPSC) last announced its quarterly earnings results 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 net margin of 12.83% and a return on equity of 12.60%.

Insider Transactions at SPS Commerce

In other SPS Commerce news, CFO Kimberly K. Nelson sold 9,290 shares of the business’s stock in a transaction dated 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 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. The trade was a 5.94 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Dan Juckniess sold 9,819 shares of the firm’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 transaction of $1,813,176.54. Following the transaction, the executive vice president now directly owns 22,570 shares in the company, valued at approximately $4,167,776.20. This trade represents a 30.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 34,230 shares of company stock worth $6,379,187. 1.00% of the stock is currently owned by company insiders.

Institutional Trading of SPS Commerce

A number of large investors have recently modified their holdings of SPSC. Norges Bank purchased a new position in SPS Commerce during the 4th quarter worth $81,543,000. JPMorgan Chase & Co. increased its stake in shares of SPS Commerce by 99.3% during the fourth quarter. JPMorgan Chase & Co. now owns 507,014 shares of the software maker’s stock valued at $93,286,000 after buying an additional 252,575 shares during the period. Franklin Resources Inc. increased its stake in shares of SPS Commerce by 94.5% during the third quarter. Franklin Resources Inc. now owns 432,801 shares of the software maker’s stock valued at $84,747,000 after buying an additional 210,284 shares during the period. Raymond James Financial Inc. bought a new stake in shares of SPS Commerce in the fourth quarter valued at about $27,441,000. Finally, Geneva Capital Management LLC lifted its stake in SPS Commerce by 31.1% in the fourth quarter. Geneva Capital Management LLC now owns 581,801 shares of the software maker’s stock worth $107,045,000 after acquiring an additional 138,014 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.