SPS Commerce (NASDAQ:SPSC) Downgraded by Wall Street Zen to “Hold”

by · The Cerbat Gem

Wall Street Zen downgraded shares of SPS Commerce (NASDAQ:SPSC – Free Report) from a buy rating to a hold rating in a research report sent to investors on Saturday.

Other equities analysts have also issued reports about the stock. Stifel Nicolaus restated a “hold” rating and issued a $80.00 price target (down from $150.00) on shares of SPS Commerce in a research report on Friday, October 31st. Morgan Stanley set a $100.00 price objective on SPS Commerce and gave the company an “equal weight” rating in a research report on Tuesday, November 11th. Northland Securities set a $109.00 target price on SPS Commerce in a report on Friday, October 31st. Weiss Ratings cut SPS Commerce from a “hold (c-)” rating to a “sell (d+)” rating in a report on Saturday, October 25th. Finally, Robert W. Baird set a $104.00 price objective on shares of SPS Commerce in a report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $106.80.

View Our Latest Stock Report on SPSC

SPS Commerce Stock Up 1.3%

NASDAQ:SPSC opened at $94.49 on Friday. The firm has a market capitalization of $3.56 billion, a PE ratio of 42.37 and a beta of 0.58. SPS Commerce has a 12-month low of $73.05 and a 12-month high of $197.59. The firm has a 50-day moving average price of $85.67 and a 200 day moving average price of $105.96.

SPS Commerce (NASDAQ:SPSC – Get Free Report) last released its quarterly earnings data on Thursday, October 30th. The software maker reported $1.13 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.14. The company had revenue of $189.90 million for the quarter, compared to analyst estimates of $192.68 million. SPS Commerce had a return on equity of 12.17% and a net margin of 11.65%.The company’s revenue was up 16.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.92 EPS. SPS Commerce has set its FY 2025 guidance at 4.100-4.15 EPS and its Q4 2025 guidance at 0.980-1.020 EPS. On average, research analysts expect that SPS Commerce will post 2.73 EPS for the current year.

Insider Transactions at SPS Commerce

In other SPS Commerce news, Director Marty M. Reaume sold 1,732 shares of SPS Commerce stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $92.26, for a total transaction of $159,794.32. Following the completion of the sale, the director owned 9,158 shares of the company’s stock, valued at approximately $844,917.08. The trade was a 15.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.98% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. UMB Bank n.a. increased its holdings in SPS Commerce by 60.6% in the second quarter. UMB Bank n.a. now owns 212 shares of the software maker’s stock valued at $29,000 after purchasing an additional 80 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of SPS Commerce by 545.7% in the 1st quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock valued at $30,000 after acquiring an additional 191 shares during the last quarter. Salomon & Ludwin LLC acquired a new stake in shares of SPS Commerce in the 3rd quarter valued at approximately $28,000. Advisory Services Network LLC acquired a new stake in shares of SPS Commerce in the 3rd quarter valued at approximately $32,000. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in SPS Commerce by 41.1% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 316 shares of the software maker’s stock worth $43,000 after acquiring an additional 92 shares during the last quarter. 98.96% of the stock is currently owned by institutional investors.

SPS Commerce Company Profile

(Get Free Report)

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.

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