SPS Commerce (SPSC) Scheduled to Post Earnings on Thursday

SPS Commerce (NASDAQ:SPSC) is scheduled to release its earnings data after the market closes on Thursday, April 25th. Analysts expect SPS Commerce to post earnings of $0.73 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

SPS Commerce (NASDAQ:SPSC) last announced its quarterly earnings results on Thursday, February 8th. The software maker reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.07. SPS Commerce had a return on equity of 12.18% and a net margin of 12.26%. The company had revenue of $144.97 million during the quarter, compared to the consensus estimate of $143.05 million. 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 opened at $168.64 on Tuesday. SPS Commerce has a one year low of $140.00 and a one year high of $218.74. The company has a market cap of $6.25 billion, a P/E ratio of 95.82 and a beta of 0.79. The business’s 50-day simple moving average is $181.40 and its 200-day simple moving average is $179.16.

Insider Buying and Selling at SPS Commerce

In related news, Director Archie C. Black sold 12,875 shares of the firm’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $179.42, for a total transaction of $2,310,032.50. Following the transaction, the director now owns 89,940 shares of the company’s stock, valued at $16,137,034.80. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In related news, Director Archie C. Black sold 12,875 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $179.42, for a total transaction of $2,310,032.50. Following the completion of the sale, the director now directly owns 89,940 shares of the company’s stock, valued at $16,137,034.80. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Sven Wehrwein sold 2,408 shares of SPS Commerce stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $197.03, for a total transaction of $474,448.24. Following the completion of the transaction, the director now owns 15,747 shares in the company, valued at $3,102,631.41. The disclosure for this sale can be found here. Over the last three months, insiders have sold 66,688 shares of company stock worth $12,122,275. 1.00% of the stock is owned by company insiders.

Analyst Ratings Changes

Several brokerages have recently weighed in on SPSC. Citigroup began coverage on shares of SPS Commerce in a research report on Wednesday, March 13th. They set a “buy” rating and a $216.00 price objective for the company. StockNews.com downgraded shares of SPS Commerce from a “buy” rating to a “hold” rating in a research note on Friday, March 15th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $205.00 target price on shares of SPS Commerce in a research report on Friday, February 9th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $199.67.

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.