Q1 Earnings Estimate for SPS Commerce Issued By DA Davidson

SPS Commerce, Inc. (NASDAQ:SPSC) – Investment analysts at DA Davidson issued their Q1 2025 earnings per share estimates for shares of SPS Commerce in a research report issued to clients and investors on Tuesday, February 11th. DA Davidson analyst G. Luria forecasts that the software maker will post earnings of $0.42 per share for the quarter. 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 FY2025 earnings at $2.68 EPS.

SPS Commerce (NASDAQ:SPSC) last posted its quarterly earnings data on Monday, February 10th. The software maker reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.87 by ($0.21). SPS Commerce had a return on equity of 12.60% and a net margin of 12.83%.

Other research analysts also recently issued reports about the stock. Piper Sandler reduced their target price on shares of SPS Commerce from $198.00 to $175.00 and set a “neutral” rating for the company in a research report on Tuesday. Citigroup reduced their price objective on SPS Commerce from $237.00 to $233.00 and set a “buy” rating for the company in a report on Monday, January 27th. Northland Securities restated a “market perform” rating and issued a $181.00 target price (down from $209.00) on shares of SPS Commerce in a research note on Tuesday. Robert W. Baird cut their price target on SPS Commerce from $188.00 to $175.00 and set a “neutral” rating for the company in a research note on Tuesday. Finally, Stifel Nicolaus decreased their price objective on SPS Commerce from $225.00 to $200.00 and set a “buy” rating for the company in a report on Tuesday. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, SPS Commerce has a consensus rating of “Moderate Buy” and an average price target of $207.11.

SPS Commerce Stock Performance

SPSC opened at $152.72 on Wednesday. SPS Commerce has a fifty-two week low of $148.00 and a fifty-two week high of $218.61. The firm has a 50-day moving average of $187.58 and a 200 day moving average of $189.54. The firm has a market cap of $5.74 billion, a P/E ratio of 73.07 and a beta of 0.88.

Institutional Trading of SPS Commerce

Several hedge funds and other institutional investors have recently bought and sold shares of SPSC. Franklin Resources Inc. grew its stake in shares of SPS Commerce by 94.5% in the third quarter. Franklin Resources Inc. now owns 432,801 shares of the software maker’s stock worth $84,747,000 after purchasing an additional 210,284 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in SPS Commerce in the 4th quarter worth approximately $27,441,000. Geneva Capital Management LLC grew its position in shares of SPS Commerce by 31.1% in the 4th quarter. Geneva Capital Management LLC now owns 581,801 shares of the software maker’s stock worth $107,045,000 after buying an additional 138,014 shares during the last quarter. FMR LLC grew its position in shares of SPS Commerce by 18.3% in the 3rd quarter. FMR LLC now owns 677,145 shares of the software maker’s stock worth $131,481,000 after buying an additional 104,769 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of SPS Commerce by 69.4% during the third quarter. JPMorgan Chase & Co. now owns 254,439 shares of the software maker’s stock valued at $49,404,000 after buying an additional 104,210 shares during the period. Institutional investors own 98.96% of the company’s stock.

Insider Activity at SPS Commerce

In related news, EVP Dan Juckniess sold 9,819 shares of the stock in a transaction dated 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 completion of the sale, the executive vice president now directly owns 22,570 shares in the company, valued at $4,167,776.20. This represents a 30.32 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Kimberly K. Nelson sold 9,290 shares of the firm’s stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $184.68, for a total value of $1,715,677.20. Following the transaction, the chief financial officer now owns 156,292 shares in the company, valued at approximately $28,864,006.56. The trade was a 5.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 34,230 shares of company stock valued at $6,379,187. Corporate insiders own 1.00% 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.