Analysts See $0.05 EPS for SPS Commerce, Inc. (SPSC)

October 13, 2017 - By Darrin Black

 Analysts See $0.05 EPS for SPS Commerce, Inc. (SPSC)
Investors sentiment decreased to 0.88 in 2017 Q2. Its down 0.41, from 1.29 in 2017Q1. It dropped, as 16 investors sold SPS Commerce, Inc. shares while 49 reduced holdings. 18 funds opened positions while 39 raised stakes. 16.82 million shares or 0.15% less from 16.85 million shares in 2017Q1 were reported.
Zacks Invest Mngmt reported 0.03% in SPS Commerce, Inc. (NASDAQ:SPSC). Citadel Advsrs Limited Liability Corp stated it has 0.01% of its portfolio in SPS Commerce, Inc. (NASDAQ:SPSC). Parametric Portfolio Associate Ltd Limited Liability Company, a Washington-based fund reported 18,243 shares. Renaissance Tech Ltd Liability Co stated it has 21,600 shares. Herald Investment Management Ltd accumulated 50,000 shares. Howe Rusling Inc reported 0% in SPS Commerce, Inc. (NASDAQ:SPSC). Mason Street Ltd invested 0.01% in SPS Commerce, Inc. (NASDAQ:SPSC). State Street holds 409,276 shares or 0% of its portfolio. Natl Bank Of Montreal Can accumulated 3,668 shares. Victory Cap Management holds 0% or 2,358 shares. Da Davidson And owns 1,162 shares. Teachers Retirement Of The State Of Kentucky invested in 0% or 5,900 shares. 33,387 are owned by Rhumbline Advisers. Ack Asset Mngmt Ltd Limited Liability Company invested in 1.23% or 85,300 shares. Conestoga Advisors Limited Co reported 574,201 shares stake.

Since June 1, 2017, it had 0 buys, and 1 sale for $45,119 activity.

Analysts await SPS Commerce, Inc. (NASDAQ:SPSC) to report earnings on October, 26. They expect $0.05 earnings per share, down 73.68 % or $0.14 from last year’s $0.19 per share. SPSC’s profit will be $861,090 for 289.90 P/E if the $0.05 EPS becomes a reality. After $0.15 actual earnings per share reported by SPS Commerce, Inc. for the previous quarter, Wall Street now forecasts -66.67 % negative EPS growth. The stock increased 1.08% or $0.62 during the last trading session, reaching $57.98. About 121,276 shares traded or 45.34% up from the average. SPS Commerce, Inc. (NASDAQ:SPSC) has risen 11.79% since October 13, 2016 and is uptrending. It has underperformed by 4.91% the S&P500.

SPS Commerce, Inc. (NASDAQ:SPSC) Ratings Coverage

Among 11 analysts covering SPS Commerce (NASDAQ:SPSC), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. SPS Commerce had 23 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Market Perform” rating given on Wednesday, February 8 by William Blair. Pacific Crest downgraded the stock to “Sector Weight” rating in Wednesday, February 8 report. Stifel Nicolaus maintained the shares of SPSC in report on Thursday, July 27 with “Buy” rating. On Thursday, July 23 the stock rating was maintained by Needham with “Buy”. The rating was maintained by Canaccord Genuity on Monday, July 24 with “Hold”. The firm earned “Buy” rating on Thursday, July 20 by Oppenheimer. The stock of SPS Commerce, Inc. (NASDAQ:SPSC) has “Outperform” rating given on Friday, July 24 by Northland Capital. The stock of SPS Commerce, Inc. (NASDAQ:SPSC) has “Buy” rating given on Friday, July 28 by Oppenheimer. The firm earned “Buy” rating on Thursday, July 27 by Northland Capital. The stock of SPS Commerce, Inc. (NASDAQ:SPSC) earned “Overweight” rating by First Analysis on Tuesday, September 27.

SPS Commerce, Inc. is a provider of cloud supply chain management solutions, providing network-proven fulfillment, sourcing and item assortment management solutions, along with retail performance analytics. The company has market cap of $998.52 million. The Firm provides its solutions through the SPS Commerce platform, a cloud 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 clients buy from retailers and suppliers. It has a 110.6 P/E ratio. The Fulfillment solution provides fulfillment automation and replaces or augments an organization’s existing trading partner electronic communication infrastructure, enabling suppliers to have visibility into the journey of an order and comply with retailers’ rule books and enabling the electronic exchange of information among various trading partners through various protocols.

More notable recent SPS Commerce, Inc. (NASDAQ:SPSC) news were published by: Globenewswire.com which released: “SPS Commerce Announces Date of Third Quarter 2017 Financial Results” on October 12, 2017, also Startribune.com with their article: “SPS Commerce shares fall after revenue forecast signals slower growth” published on February 08, 2017, Globenewswire.com published: “Beyond Now: Retail Leaders to Share Insights on Today’s Retail Transformation …” on April 12, 2017. More interesting news about SPS Commerce, Inc. (NASDAQ:SPSC) were released by: Bizjournals.com and their article: “Jamie Thingelstad, CTO of SPS Commerce, on technology’s place in retailing and …” published on July 11, 2017 as well as Globenewswire.com‘s news article titled: “SPS Commerce Reports Second Quarter 2017 Financial Results” with publication date: July 27, 2017.

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