Headlines about SPS Commerce (NASDAQ:SPSC) have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public 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 0.08 on Accern’s scale. Accern also gave media coverage about the software maker an impact score of 47.469711727819 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the headlines that may have impacted Accern’s analysis:
- Noteworthy Friday Option Activity: KS, SPSC, MCD (marketnewsvideo.com)
- SPS Commerce : tops 3Q profit forecasts (4-traders.com)
- RSI Alert: SPS Commerce (SPSC) Now Oversold (thestreet.com)
- SPS Commerce, Inc. breached its 50 day moving average in a Bearish Manner : SPSC-US : October 26, 2017 (finance.yahoo.com)
- SPS Commerce, Inc. to Host Earnings Call (finance.yahoo.com)
Several analysts recently issued reports on SPSC shares. KeyCorp reissued a “hold” rating on shares of SPS Commerce in a research note on Friday, August 25th. ValuEngine downgraded SPS Commerce from a “hold” rating to a “sell” rating in a research note on Thursday, September 7th. Oppenheimer Holdings, Inc. started coverage on SPS Commerce in a research note on Thursday, July 20th. They set an “outperform” rating and a $74.00 target price on the stock. Zacks Investment Research raised SPS Commerce from a “hold” rating to a “buy” rating and set a $65.00 target price on the stock in a research note on Wednesday, August 2nd. Finally, BidaskClub downgraded SPS Commerce from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 11th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $70.78.
Shares of SPS Commerce (NASDAQ:SPSC) opened at 48.72 on Monday. SPS Commerce has a 1-year low of $48.11 and a 1-year high of $73.16. The firm has a 50-day moving average price of $57.59 and a 200-day moving average price of $58.97. The company has a market cap of $839.01 million, a P/E ratio of 92.10 and a beta of 1.13.
SPS Commerce (NASDAQ:SPSC) last announced its earnings results on Thursday, October 26th. The software maker reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.03. SPS Commerce had a return on equity of 4.32% and a net margin of 3.97%. The business had revenue of $56.15 million during the quarter, compared to analysts’ expectations of $56.15 million. During the same quarter in the prior year, the firm earned $0.27 earnings per share. The business’s revenue was up 13.9% compared to the same quarter last year. On average, equities analysts expect that SPS Commerce will post $0.88 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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