Equities research analysts forecast that SPS Commerce, Inc. (NASDAQ:SPSC) will report earnings of $0.51 per share for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for SPS Commerce’s earnings, with the highest EPS estimate coming in at $0.52 and the lowest estimate coming in at $0.50. SPS Commerce posted earnings of $0.39 per share during the same quarter last year, which suggests a positive year over year growth rate of 30.8%. The company is expected to report its next quarterly earnings results after the market closes on Thursday, April 25th.

According to Zacks, analysts expect that SPS Commerce will report full-year earnings of $2.07 per share for the current fiscal year, with EPS estimates ranging from $2.06 to $2.08. For the next financial year, analysts expect that the business will report earnings of $2.43 per share, with EPS estimates ranging from $2.32 to $2.60. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for SPS Commerce.

SPS Commerce (NASDAQ:SPSC) last posted its earnings results on Tuesday, February 12th. The software maker reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.20. The business had revenue of $65.20 million for the quarter, compared to analysts’ expectations of $63.90 million. SPS Commerce had a net margin of 9.62% and a return on equity of 8.17%. The business’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.25 earnings per share.

Several analysts recently issued reports on the stock. BidaskClub cut shares of SPS Commerce from a “buy” rating to a “hold” rating in a report on Monday, April 1st. ValuEngine cut shares of SPS Commerce from a “strong-buy” rating to a “buy” rating in a report on Monday, April 1st. Oppenheimer upped their price target on shares of SPS Commerce from $112.00 to $120.00 and gave the company an “outperform” rating in a report on Monday, March 18th. Zacks Investment Research cut shares of SPS Commerce from a “buy” rating to a “hold” rating in a report on Saturday, March 2nd. Finally, upped their price target on shares of SPS Commerce from $95.00 to $112.00 and gave the company an “outperform” rating in a report on Wednesday, February 13th. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $101.91.

SPSC opened at $101.18 on Friday. The firm has a market capitalization of $1.77 billion, a P/E ratio of 82.93, a P/E/G ratio of 4.59 and a beta of 0.81. SPS Commerce has a 12-month low of $64.11 and a 12-month high of $113.31.

In other news, Director Philip Soran sold 2,644 shares of the company’s stock in a transaction dated Wednesday, February 27th. The shares were sold at an average price of $107.33, for a total transaction of $283,780.52. Following the completion of the transaction, the director now owns 9,732 shares in the company, valued at $1,044,535.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Archie C. Black sold 1,705 shares of the company’s stock in a transaction dated Thursday, February 14th. The stock was sold at an average price of $104.09, for a total transaction of $177,473.45. Following the transaction, the chief executive officer now owns 90,007 shares of the company’s stock, valued at approximately $9,368,828.63. The disclosure for this sale can be found here. In the last quarter, insiders have sold 35,984 shares of company stock valued at $3,752,731. 3.34% of the stock is owned by insiders.

A number of hedge funds have recently bought and sold shares of the stock. Zacks Investment Management lifted its holdings in SPS Commerce by 0.6% in the fourth quarter. Zacks Investment Management now owns 28,509 shares of the software maker’s stock worth $2,349,000 after purchasing an additional 168 shares during the period. Piedmont Investment Advisors Inc. lifted its holdings in SPS Commerce by 4.5% in the fourth quarter. Piedmont Investment Advisors Inc. now owns 4,195 shares of the software maker’s stock worth $346,000 after purchasing an additional 179 shares during the period. State of Alaska Department of Revenue lifted its holdings in SPS Commerce by 3.4% in the fourth quarter. State of Alaska Department of Revenue now owns 5,911 shares of the software maker’s stock worth $486,000 after purchasing an additional 195 shares during the period. New York State Common Retirement Fund lifted its holdings in SPS Commerce by 0.7% in the fourth quarter. New York State Common Retirement Fund now owns 33,338 shares of the software maker’s stock worth $2,746,000 after purchasing an additional 239 shares during the period. Finally, Thrivent Financial for Lutherans lifted its holdings in SPS Commerce by 2.2% in the fourth quarter. Thrivent Financial for Lutherans now owns 12,405 shares of the software maker’s stock worth $1,022,000 after purchasing an additional 272 shares during the period. 95.94% of the stock is owned by institutional investors and hedge funds.

About SPS Commerce

SPS Commerce, Inc provides cloud-based supply chain management solutions worldwide. It offers solutions through the SPS Commerce platform, a cloud-based platform that enhances the way retailers, suppliers, grocers, distributors, and logistics firms manage and fulfill orders, administer sell-through performance, and source new items.

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Earnings History and Estimates for SPS Commerce (NASDAQ:SPSC)

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