SPS CommerceSPSC
About: SPS Commerce Inc is a provider of cloud-based supply chain management services for retailers, grocers, distributors, suppliers, and logistics firms to increase supply chain performance, optimize inventory levels and sell-through, reduce operational costs, improve order visibility, and satisfy consumer demands for a seamless omnichannel experience. Its solutions are delivered through the SPS Commerce platform and provide integrations and retail performance analytics to its customers. Its products are; Fulfillment, Analytics, and Other products like Assortment and Community also it provides one-time services such as professional services and testing and certification. The group derives revenue from recurring monthly fees and set-up fees.
Employees: 2,489
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
90% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 31
33% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]
30% more call options, than puts
Call options by funds: $978K | Put options by funds: $753K
30% more repeat investments, than reductions
Existing positions increased: 188 | Existing positions reduced: 145
7% more funds holding
Funds holding: 416 [Q1] → 444 (+28) [Q2]
1% more capital invested
Capital invested by funds: $6.83B [Q1] → $6.86B (+$38.2M) [Q2]
1.31% less ownership
Funds ownership: 100.2% [Q1] → 98.88% (-1.31%) [Q2]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Needham Scott Berg 38% 1-year accuracy 47 / 125 met price target | 20%upside $230 | Buy Reiterated | 2 Aug 2024 |
Northland Capital Markets Nehal Chokshi 63% 1-year accuracy 5 / 8 met price target | 9%upside $209 | Market Perform Downgraded | 29 Jul 2024 |
Craig-Hallum Jeff Van Sinderen 52% 1-year accuracy 11 / 21 met price target | 20%upside $230 | Buy Maintained | 26 Jul 2024 |
Stifel Tom Roderick 25% 1-year accuracy 1 / 4 met price target | 18%upside $225 | Buy Maintained | 26 Jul 2024 |
DA Davidson Gil Luria 44% 1-year accuracy 17 / 39 met price target | 25%upside $240 | Buy Maintained | 26 Jul 2024 |
