SPS Commerce, Inc. (NASDAQ:SPSC) Receives $87.40 Average Price Target from Analysts
by Mitch Edgeman · The Markets DailySPS Commerce, Inc. (NASDAQ:SPSC – Get Free Report) has been assigned an average recommendation of “Hold” from the eleven ratings firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $87.40.
Several analysts have recently commented on SPSC shares. Robert W. Baird set a $86.00 price target on shares of SPS Commerce in a research note on Friday, February 13th. Citigroup reaffirmed a “buy” rating and set a $84.00 price objective (down from $110.00) on shares of SPS Commerce in a report on Friday, February 13th. Wall Street Zen upgraded SPS Commerce from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. Stifel Nicolaus set a $65.00 target price on SPS Commerce and gave the company a “hold” rating in a research note on Friday, February 13th. Finally, Morgan Stanley set a $95.00 target price on SPS Commerce in a research report on Friday, February 13th.
Check Out Our Latest Stock Analysis on SPS Commerce
SPS Commerce Stock Performance
SPSC opened at $56.08 on Thursday. The firm has a market cap of $2.10 billion, a price-to-earnings ratio of 22.89 and a beta of 0.62. The firm’s 50-day simple moving average is $65.04 and its 200-day simple moving average is $83.79. SPS Commerce has a twelve month low of $52.56 and a twelve month high of $153.16.
SPS Commerce (NASDAQ:SPSC – Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The software maker reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.14. The business had revenue of $192.65 million for the quarter, compared to analyst estimates of $193.60 million. SPS Commerce had a return on equity of 12.73% and a net margin of 12.42%.SPS Commerce’s revenue for the quarter was up 12.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.89 EPS. SPS Commerce has set its FY 2026 guidance at 4.420-4.500 EPS and its Q1 2026 guidance at 0.950-0.990 EPS. As a group, sell-side analysts anticipate that SPS Commerce will post 2.73 EPS for the current fiscal year.
Insider Transactions at SPS Commerce
In other SPS Commerce news, CEO Chadwick Collins sold 13,384 shares of the business’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $58.66, for a total transaction of $785,105.44. Following the completion of the sale, the chief executive officer directly owned 72,241 shares of the company’s stock, valued at approximately $4,237,657.06. The trade was a 15.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Kimberly K. Nelson sold 6,300 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $58.66, for a total transaction of $369,558.00. Following the transaction, the chief financial officer owned 145,452 shares in the company, valued at approximately $8,532,214.32. The trade was a 4.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 24,834 shares of company stock valued at $1,527,223 in the last three months. Company insiders own 0.98% of the company’s stock.
Hedge Funds Weigh In On SPS Commerce
Several large investors have recently bought and sold shares of SPSC. Hsbc Holdings PLC acquired a new stake in SPS Commerce during the 4th quarter worth $1,097,000. Rockefeller Capital Management L.P. lifted its stake in shares of SPS Commerce by 20.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 4,145 shares of the software maker’s stock valued at $369,000 after purchasing an additional 699 shares during the period. Invesco Ltd. lifted its stake in shares of SPS Commerce by 20.6% in the 4th quarter. Invesco Ltd. now owns 133,027 shares of the software maker’s stock valued at $11,857,000 after purchasing an additional 22,704 shares during the period. Alberta Investment Management Corp bought a new position in shares of SPS Commerce in the 4th quarter worth $1,150,000. Finally, State of Tennessee Department of Treasury boosted its position in shares of SPS Commerce by 1.0% in the 4th quarter. State of Tennessee Department of Treasury now owns 17,442 shares of the software maker’s stock worth $1,557,000 after purchasing an additional 175 shares during the last quarter. 98.96% of the stock is currently owned by institutional investors and hedge funds.
SPS Commerce Company Profile
SPS Commerce, Inc is a leading provider of cloud-based supply chain management solutions that enable seamless collaboration between retailers, suppliers and logistics providers. Through its robust network, SPS Commerce connects trading partners with electronic data interchange (EDI) capabilities, helping businesses automate order processing, inventory management and fulfillment workflows. The company’s platform ensures data accuracy, accelerates order-to-cash cycles and reduces manual intervention, supporting a wide range of industries including retail, grocery, consumer goods and automotive.
The company offers a suite of services encompassing EDI, retail-ready compliance, order management and data analytics.