SPS Commerce (SPSC) Earning Somewhat Positive News Coverage, Analysis Finds

Media coverage about SPS Commerce (NASDAQ:SPSC) has trended somewhat positive on Friday, AlphaOne reports. AlphaOne, a service of Accern, rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. SPS Commerce earned a coverage optimism score of 0.18 on AlphaOne’s scale. AlphaOne also assigned headlines about the software maker an impact score of 25 out of 100, indicating that recent media coverage is very unlikely to have an effect on the company’s share price in the immediate future.

Insider Buying and Selling by Quarter for SPS Commerce (NASDAQ:SPSC)

SPSC has been the subject of several recent research reports. Benchmark Co. downgraded SPS Commerce from a “buy” rating to a “hold” rating in a research note on Friday, April 21st. Zacks Investment Research raised SPS Commerce from a “hold” rating to a “buy” rating and set a $63.00 target price for the company in a research note on Friday, May 5th. Finally, Needham & Company LLC cut their target price on SPS Commerce from $70.00 to $64.00 and set a “buy” rating for the company in a research note on Friday, April 28th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $74.43.

Shares of SPS Commerce (NASDAQ SPSC) traded down 0.05% during mid-day trading on Friday, hitting $60.55. The company’s stock had a trading volume of 84,186 shares. The stock has a 50-day moving average of $58.66 and a 200-day moving average of $61.79. SPS Commerce has a 12-month low of $48.11 and a 12-month high of $74.85. The company has a market cap of $1.04 billion, a PE ratio of 137.61 and a beta of 1.26.

SPS Commerce (NASDAQ:SPSC) last released its quarterly earnings results on Thursday, April 27th. The software maker reported $0.20 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.15. SPS Commerce had a return on equity of 4.62% and a net margin of 3.83%. The company had revenue of $51.90 million during the quarter, compared to analysts’ expectations of $51.82 million. During the same period in the previous year, the firm posted $0.22 earnings per share. The business’s revenue for the quarter was up 13.8% compared to the same quarter last year. On average, equities research analysts forecast that SPS Commerce will post $0.85 EPS for the current year.

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About SPS Commerce

SPS Commerce, Inc is a provider of cloud-based supply chain management solutions, providing network-proven fulfillment, sourcing and item assortment management solutions, along with retail performance analytics. The Company provides its solutions through the SPS Commerce platform, a cloud-based product suite that manages the way suppliers, retailers, distributors and logistics firms orchestrate the sourcing, set up of new vendors and items, and fulfillment of products that customers buy from retailers and suppliers.

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