SPS Commerce (SPSC) Set to Announce Earnings on Tuesday
SPS Commerce (NASDAQ:SPSC) will announce its earnings results after the market closes on Tuesday, February 12th. Analysts expect the company to announce earnings of $0.33 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.
Shares of NASDAQ SPSC opened at $91.76 on Friday. SPS Commerce has a fifty-two week low of $52.31 and a fifty-two week high of $100.68. The company has a market cap of $1.62 billion, a price-to-earnings ratio of 218.48, a price-to-earnings-growth ratio of 2.98 and a beta of 0.76.
A number of equities research analysts have weighed in on SPSC shares. ValuEngine upgraded SPS Commerce from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 27th. Benchmark lifted their target price on SPS Commerce to $98.00 and gave the stock a “buy” rating in a research report on Friday, October 26th. Canaccord Genuity lifted their target price on SPS Commerce from $85.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, October 26th. Oppenheimer lifted their target price on SPS Commerce from $85.00 to $95.00 and gave the stock an “outperform” rating in a research report on Friday, October 26th. Finally, BidaskClub upgraded SPS Commerce from a “sell” rating to a “hold” rating in a research report on Tuesday, October 30th. Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $90.56.
SPS Commerce, Inc provides cloud-based supply chain management solutions worldwide. It provides solutions through the SPS Commerce platform, a cloud-based product suite that enhances the way retailers, suppliers, distributors, logistics firms, and other trading partners manage and fulfill orders, manage sell-through performance, and source new items.
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