SPS Commerce, Inc. (NASDAQ:SPSC) is set to release its earnings data after the market closes on Tuesday, July 25th. Analysts expect SPS Commerce to post earnings of $0.19 per share for the quarter. SPS Commerce has set its Q2 guidance at $0.18-0.20 EPS and its FY17 guidance at $0.83-0.85 EPS.
SPS Commerce (NASDAQ:SPSC) last announced its quarterly earnings data on Thursday, April 27th. The software maker reported $0.20 EPS for the quarter, beating the consensus estimate of $0.05 by $0.15. SPS Commerce had a net margin of 3.83% and a return on equity of 4.62%. The business had revenue of $51.90 million during the quarter, compared to the consensus estimate of $51.82 million. During the same period in the previous year, the business earned $0.22 earnings per share. The company’s revenue was up 13.8% on a year-over-year basis. On average, analysts expect SPS Commerce to post $0.85 EPS for the current fiscal year and $1.05 EPS for the next fiscal year.
SPS Commerce, Inc. (NASDAQ:SPSC) opened at 60.00 on Tuesday. SPS Commerce, Inc. has a 12 month low of $48.11 and a 12 month high of $74.85. The firm has a market capitalization of $1.03 billion, a P/E ratio of 136.36 and a beta of 1.22. The firm’s 50-day moving average is $60.26 and its 200 day moving average is $61.43.
Several research analysts have commented on the stock. BidaskClub downgraded shares of SPS Commerce from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 11th. Needham & Company LLC cut their price target on shares of SPS Commerce from $70.00 to $64.00 and set a “buy” rating for the company in a report on Friday, April 28th. Zacks Investment Research downgraded shares of SPS Commerce from a “buy” rating to a “hold” rating in a report on Wednesday, July 5th. Finally, Benchmark Co. downgraded shares of SPS Commerce from a “buy” rating to a “hold” rating in a report on Friday, April 21st. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. SPS Commerce has a consensus rating of “Buy” and an average price target of $74.43.
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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