SPS Commerce (SPSC) Set to Announce Earnings on Thursday

SPS Commerce (NASDAQ:SPSC) is set to issue its quarterly earnings data after the market closes on Thursday, April 25th. Analysts expect the company to announce earnings of $0.73 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

SPS Commerce (NASDAQ:SPSC) last issued its quarterly earnings results on Thursday, February 8th. The software maker reported $0.57 EPS for the quarter, beating the consensus estimate of $0.50 by $0.07. The company had revenue of $144.97 million for the quarter, compared to the consensus estimate of $143.05 million. SPS Commerce had a net margin of 12.26% and a return on equity of 12.18%. On average, analysts expect SPS Commerce to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

SPS Commerce Stock Performance

SPSC stock opened at $168.64 on Tuesday. The firm has a 50-day simple moving average of $181.40 and a two-hundred day simple moving average of $179.16. SPS Commerce has a one year low of $140.00 and a one year high of $218.74. The firm has a market cap of $6.25 billion, a price-to-earnings ratio of 95.82 and a beta of 0.79.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Citigroup initiated coverage on SPS Commerce in a research report on Wednesday, March 13th. They set a “buy” rating and a $216.00 price target on the stock. Needham & Company LLC restated a “buy” rating and set a $205.00 price target on shares of SPS Commerce in a research note on Friday, February 9th. Finally, StockNews.com lowered shares of SPS Commerce from a “buy” rating to a “hold” rating in a research report on Friday, March 15th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, SPS Commerce presently has an average rating of “Moderate Buy” and an average target price of $199.67.

Insider Transactions at SPS Commerce

In related news, CFO Kimberly K. Nelson sold 12,907 shares of the stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $179.41, for a total value of $2,315,644.87. Following the transaction, the chief financial officer now owns 157,251 shares in the company, valued at approximately $28,212,401.91. The sale was disclosed in a filing with the SEC, which is available through this link. In other news, Director Archie C. Black sold 12,875 shares of the business’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $179.42, for a total value of $2,310,032.50. Following the completion of the transaction, the director now owns 89,940 shares of the company’s stock, valued at approximately $16,137,034.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Kimberly K. Nelson sold 12,907 shares of SPS Commerce stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $179.41, for a total value of $2,315,644.87. Following the transaction, the chief financial officer now owns 157,251 shares of the company’s stock, valued at $28,212,401.91. The disclosure for this sale can be found here. Insiders sold a total of 66,688 shares of company stock worth $12,122,275 over the last three months. 1.00% of the stock is currently owned by insiders.

SPS Commerce Company Profile

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.