SPS Commerce (NASDAQ:SPSC) Releases FY 2025 Earnings Guidance

SPS Commerce (NASDAQ:SPSC) updated its FY 2025 earnings guidance on Monday. The company provided EPS guidance of 3.780-3.840 for the period, compared to the consensus EPS estimate of 3.920. The company issued revenue guidance of $758.0 million-$763.0 million, compared to the consensus revenue estimate of $761.2 million. SPS Commerce also updated its Q1 2025 guidance to 0.820-0.840 EPS.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on SPSC. Needham & Company LLC decreased their target price on SPS Commerce from $230.00 to $210.00 and set a “buy” rating for the company in a research report on Tuesday. Citigroup decreased their price objective on shares of SPS Commerce from $237.00 to $233.00 and set a “buy” rating for the company in a report on Monday, January 27th. Piper Sandler dropped their target price on shares of SPS Commerce from $198.00 to $175.00 and set a “neutral” rating on the stock in a report on Tuesday. Robert W. Baird reduced their price target on shares of SPS Commerce from $188.00 to $175.00 and set a “neutral” rating on the stock in a research report on Tuesday. Finally, Northland Securities reaffirmed a “market perform” rating and set a $181.00 price objective (down previously from $209.00) on shares of SPS Commerce in a research report on Tuesday. Six equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $207.11.

SPS Commerce Trading Down 13.8 %

Shares of NASDAQ SPSC opened at $152.72 on Wednesday. SPS Commerce has a 12-month low of $148.00 and a 12-month high of $218.61. The company has a market cap of $5.74 billion, a PE ratio of 73.07 and a beta of 0.88. The stock has a 50 day simple moving average of $187.58 and a 200-day simple moving average of $189.54.

SPS Commerce (NASDAQ:SPSC) last issued its quarterly earnings results on Monday, February 10th. The software maker reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.21). SPS Commerce had a net margin of 12.83% and a return on equity of 12.60%. Sell-side analysts forecast that SPS Commerce will post 2.38 earnings per share for the current fiscal year.

Insider Activity

In related news, CFO Kimberly K. Nelson sold 9,290 shares of the stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $181.09, for a total transaction of $1,682,326.10. Following the completion of the sale, the chief financial officer now directly owns 147,002 shares of the company’s stock, valued at $26,620,592.18. This represents a 5.94 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Dan Juckniess sold 9,819 shares of the firm’s stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $184.66, for a total transaction of $1,813,176.54. Following the sale, the executive vice president now owns 22,570 shares of the company’s stock, valued at $4,167,776.20. The trade was a 30.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 34,230 shares of company stock worth $6,379,187 over the last three months. Corporate insiders own 1.00% of the company’s stock.

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.