SPS Commerce, Inc. (NASDAQ:SPSC) Given Consensus Recommendation of “Hold” by Brokerages

Shares of SPS Commerce, Inc. (NASDAQ:SPSC) have been assigned an average rating of “Hold” from the eleven research firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $76.4545.

Several research firms have weighed in on SPSC. Wall Street Zen raised SPS Commerce from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Rothschild & Co Redburn set a $60.00 target price on SPS Commerce and gave the company a “neutral” rating in a report on Thursday, April 16th. Morgan Stanley set a $70.00 target price on SPS Commerce in a report on Friday, May 1st. Craig Hallum lowered SPS Commerce from a “buy” rating to a “hold” rating and set a $70.00 target price on the stock. in a report on Friday, February 13th. Finally, Stifel Nicolaus set a $60.00 target price on SPS Commerce in a report on Friday, May 1st.

Insiders Place Their Bets

In other SPS Commerce news, Director Marty M. Reaume sold 1,000 shares of the company’s stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $57.90, for a total value of $57,900.00. Following the sale, the director owned 9,158 shares of the company’s stock, valued at approximately $530,248.20. This represents a 9.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.58% of the company’s stock.

Hedge Funds Weigh In On SPS Commerce

A number of large investors have recently modified their holdings of the company. Advisors Asset Management Inc. raised its holdings in SPS Commerce by 39.9% in the 1st quarter. Advisors Asset Management Inc. now owns 393 shares of the software maker’s stock valued at $52,000 after acquiring an additional 112 shares in the last quarter. State of Alaska Department of Revenue grew its stake in shares of SPS Commerce by 0.6% in the 4th quarter. State of Alaska Department of Revenue now owns 20,986 shares of the software maker’s stock valued at $1,870,000 after purchasing an additional 126 shares during the period. Park Place Capital Corp grew its stake in shares of SPS Commerce by 29.7% in the 4th quarter. Park Place Capital Corp now owns 564 shares of the software maker’s stock valued at $50,000 after purchasing an additional 129 shares during the period. Arizona State Retirement System grew its stake in shares of SPS Commerce by 1.3% in the 3rd quarter. Arizona State Retirement System now owns 11,226 shares of the software maker’s stock valued at $1,169,000 after purchasing an additional 140 shares during the period. Finally, PNC Financial Services Group Inc. grew its stake in shares of SPS Commerce by 3.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 4,687 shares of the software maker’s stock valued at $488,000 after purchasing an additional 151 shares during the period. 98.96% of the stock is currently owned by hedge funds and other institutional investors.

SPS Commerce Stock Performance

NASDAQ:SPSC opened at $53.52 on Friday. The stock has a fifty day moving average price of $55.05 and a two-hundred day moving average price of $70.84. The stock has a market capitalization of $1.96 billion, a price-to-earnings ratio of 22.30 and a beta of 0.58. SPS Commerce has a 1 year low of $49.04 and a 1 year high of $147.61.

SPS Commerce (NASDAQ:SPSC) last released its quarterly earnings data on Thursday, April 30th. The software maker reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.13. The firm had revenue of $192.12 million during the quarter, compared to analysts’ expectations of $192.51 million. SPS Commerce had a return on equity of 12.43% and a net margin of 11.92%.SPS Commerce’s revenue was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.00 earnings per share. SPS Commerce has set its FY 2026 guidance at 4.730-4.760 EPS and its Q2 2026 guidance at 1.060-1.090 EPS. On average, analysts predict that SPS Commerce will post 3.41 EPS for the current year.

About SPS Commerce

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.