SPS Commerce, Inc. (NASDAQ:SPSC) Receives Average Recommendation of “Hold” from Analysts

Shares of SPS Commerce, Inc. (NASDAQ:SPSC) have been given an average recommendation of “Hold” by the eleven brokerages that are presently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $77.10.

A number of equities analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of SPS Commerce from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, August 6th. Needham & Company LLC reissued a “buy” rating and issued a $100.00 price objective (up from $75.00) on shares of SPS Commerce in a research note on Wednesday, August 19th. Cantor Fitzgerald restated a “neutral” rating and set a $70.00 target price (up from $60.00) on shares of SPS Commerce in a report on Friday, July 31st. Zacks Research upgraded SPS Commerce from a “strong sell” rating to a “hold” rating in a report on Monday, July 20th. Finally, Citigroup reaffirmed a “buy” rating and set a $82.00 target price (up from $76.00) on shares of SPS Commerce in a research report on Tuesday, July 21st.

Institutional Investors Weigh In On SPS Commerce

Hedge funds and other institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its holdings in SPS Commerce by 23.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,134 shares of the software maker’s stock valued at $101,000 after purchasing an additional 218 shares during the last quarter. ProShare Advisors LLC raised its position in shares of SPS Commerce by 3.2% during the 4th quarter. ProShare Advisors LLC now owns 7,405 shares of the software maker’s stock worth $660,000 after purchasing an additional 229 shares during the last quarter. Versant Capital Management Inc lifted its position in shares of SPS Commerce by 21.4% in the second quarter. Versant Capital Management Inc now owns 1,542 shares of the software maker’s stock valued at $88,000 after acquiring an additional 272 shares in the last quarter. VELA Investment Management LLC lifted its holdings in SPS Commerce by 1.6% in the 2nd quarter. VELA Investment Management LLC now owns 26,091 shares of the software maker’s stock valued at $1,492,000 after purchasing an additional 400 shares in the last quarter. Finally, KBC Group NV lifted its stake in shares of SPS Commerce by 38.8% during the first quarter. KBC Group NV now owns 1,459 shares of the software maker’s stock valued at $81,000 after buying an additional 408 shares during the period. Hedge funds and other institutional investors own 98.96% of the company’s stock.

SPS Commerce Trading Up 2.1%

Shares of SPS Commerce stock opened at $84.20 on Friday. The stock’s fifty day moving average price is $78.51 and its 200-day moving average price is $64.27. The firm has a market cap of $3.03 billion, a P/E ratio of 40.68 and a beta of 0.62. SPS Commerce has a 12 month low of $49.04 and a 12 month high of $114.87.

SPS Commerce (NASDAQ:SPSC) last released its quarterly earnings data on Thursday, July 30th. The software maker reported $1.27 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.18. SPS Commerce had a net margin of 10.10% and a return on equity of 13.04%. The company had revenue of $197.81 million during the quarter, compared to analyst estimates of $195.46 million. During the same period in the prior year, the firm earned $1.00 earnings per share. The firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. SPS Commerce has set its Q3 2026 guidance at 1.200-1.230 EPS and its FY 2026 guidance at 4.840-4.930 EPS. Analysts forecast that SPS Commerce will post 3.56 earnings per share for the current year.

SPS Commerce Company Profile

SPS Commerce, Inc provides cloud-based supply chain management software for retailers, suppliers, distributors and logistics providers. Its platform helps trading partners connect and exchange business documents, coordinate orders and shipments, manage product information, and improve visibility across the retail supply chain.

The company’s offerings include electronic data interchange (EDI), order management, fulfillment and shipping tools, product content management, inventory visibility, analytics and retail compliance solutions.