SPSC - SPS Commerce Inc Stock Price, Fair Value and News

171.12USD+0.52 (+0.30%)Market Closed

Market Summary

USD171.12+0.52

Market Closed

0.30%

SPSC Stock Price

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SPSC RSI Chart

SPSC Valuation

Market Cap

6.3B

Price/Earnings (Trailing)

96.12

Price/Sales (Trailing)

11.78

EV/EBITDA

58.62

Price/Free Cashflow

56.22

SPSC Price/Sales (Trailing)

SPSC Profitability

Operating Margin

66.09%

EBT Margin

15.94%

Return on Equity

9.86%

Return on Assets

7.99%

Free Cashflow Yield

1.78%

SPSC Fundamentals

SPSC Revenue

Revenue (TTM)

536.9M

Rev. Growth (Yr)

18.81%

Rev. Growth (Qtr)

6.86%

SPSC Earnings

Earnings (TTM)

65.8M

Earnings Growth (Yr)

19.45%

Earnings Growth (Qtr)

12.88%

Breaking Down SPSC Revenue

Last 7 days

5.8%

Last 30 days

-5.8%

Last 90 days

-7.8%

Trailing 12 Months

21.0%

How does SPSC drawdown profile look like?

SPSC Financial Health

Current Ratio

3.07

SPSC Investor Care

Shares Dilution (1Y)

1.82%

Diluted EPS (TTM)

1.76

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	471.6M	492.8M	514.0M	536.9M
2022	400.4M	415.0M	431.6M	450.9M
2021	328.5M	347.5M	365.8M	385.3M
2020	286.4M	293.4M	302.1M	312.6M
2019	256.1M	263.5M	271.6M	279.1M
2018	227.3M	234.3M	241.1M	248.2M
2017	199.6M	206.3M	213.1M	220.1M
2016	167.1M	175.7M	184.6M	193.3M
2015	136.0M	143.7M	151.6M	158.5M
2014	109.6M	115.0M	120.5M	127.9M
2013	84.3M	92.2M	98.9M	104.4M
2012	61.9M	65.7M	70.5M	77.1M
2011	47.0M	50.0M	54.0M	58.0M
2010	0	40.0M	42.3M	44.6M
2009	0	0	0	37.7M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of SPS Commerce Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 28, 2024	frome james j.	sold	-1,273,860	185	-6,879	president and coo
Feb 22, 2024	black archie c.	sold	-2,725,540	183	-14,855	-
Feb 22, 2024	nelson kimberly k.	sold	-101,429	184	-551	evp & cfo
Feb 22, 2024	frome james j.	sold	-531,806	183	-2,901	president and coo
Feb 21, 2024	black archie c.	sold	-1,583,750	181	-8,723	-
Feb 20, 2024	frome james j.	sold	-529,589	187	-2,825	president and coo
Feb 20, 2024	nelson kimberly k.	sold	-974,136	187	-5,197	evp & cfo
Feb 15, 2024	black archie c.	sold	-	-	-20,338	-
Feb 15, 2024	collins chadwick	acquired	-	-	21,450	chief executive officer
Feb 15, 2024	frome james j.	acquired	-	-	25,423	president and coo

Which funds bought or sold SPSC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	AMALGAMATED BANK	reduced	-26.35	-907,000	2,142,000	0.02%
Apr 23, 2024	Leverty Financial Group, LLC	added	0.71	-15,047	366,850	0.22%
Apr 23, 2024	Louisiana State Employees Retirement System	reduced	-1.09	-201,476	3,365,180	0.06%
Apr 23, 2024	Global Retirement Partners, LLC	reduced	-43.7	-27,345	37,165	-%
Apr 23, 2024	FIFTH THIRD BANCORP	reduced	-1.76	-19,437	289,738	-%
Apr 23, 2024	Gradient Investments LLC	sold off	-100	-2,908	-	-%
Apr 23, 2024	Venturi Wealth Management, LLC	unchanged	-	-616	12,759	-%
Apr 23, 2024	ARCADIA INVESTMENT MANAGEMENT CORP/MI	reduced	-0.34	-3,007	54,758	0.01%
Apr 22, 2024	Oakworth Capital, Inc.	unchanged	-	-98.00	2,034	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	449,500	3,750,800	0.03%

Are Funds Buying or Selling SPSC?

Are funds buying SPSC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SPSC

No. of Funds

Unveiling SPS Commerce Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.69%	4,288,681	SC 13G/A
Feb 12, 2024	neuberger berman group llc	4.90%	1,799,191	SC 13G/A
Jan 22, 2024	blackrock inc.	15.8%	5,795,765	SC 13G/A
Feb 10, 2023	neuberger berman group llc	5.58%	2,009,711	SC 13G/A
Feb 09, 2023	vanguard group inc	11.31%	4,075,393	SC 13G/A
Jan 23, 2023	blackrock inc.	16.2%	5,829,180	SC 13G/A
Feb 11, 2022	neuberger berman group llc	5.89%	2,117,798	SC 13G
Jan 28, 2022	blackrock inc.	15.9%	5,712,611	SC 13G/A
Jan 10, 2022	conestoga capital advisors, llc	5.25%	1,886,914	SC 13G/A
Feb 10, 2021	vanguard group inc	10.99%	3,881,023	SC 13G/A

Recent SEC filings of SPS Commerce Inc

View All Filings

Date Filed	Form Type	Document
Apr 04, 2024	ARS	ARS
Apr 04, 2024	DEF 14A	DEF 14A
Apr 04, 2024	DEFA14A	DEFA14A
Mar 19, 2024	PRE 14A	PRE 14A
Mar 01, 2024	4	Insider Trading
Feb 29, 2024	8-K	Current Report
Feb 28, 2024	144	Notice of Insider Sale Intent
Feb 26, 2024	4	Insider Trading
Feb 26, 2024	4	Insider Trading
Feb 23, 2024	4	Insider Trading

Peers (Alternatives to SPS Commerce Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MSFT	3.0T	227.6B	-3.26%	48.52%	36.82	13.36	11.51%	22.38%
ADBE	213.7B	19.9B	-5.94%	29.09%	44.52	10.72	10.76%	1.35%
CRWD	71.0B	3.1B	-8.36%	143.65%	795.09	23.24	36.33%	148.75%
SQ	45.1B	21.9B	-10.40%	21.36%	6.6K	2.06	25.01%	101.26%
AKAM	15.5B	3.8B	-5.87%	28.59%	28.28	4.06	5.40%	4.57%
FFIV	10.7B	2.8B	-3.28%	39.96%	23.26	3.82	3.55%	53.13%
MID-CAP
ALTR	6.7B	612.7M	-1.09%	20.64%	-753.5	10.98	7.07%	79.45%
HCP	6.1B	583.1M	16.67%	18.16%	-31.93	10.44	22.54%	30.49%
ACIW	3.5B	1.5B	3.93%	37.78%	29.19	2.44	2.16%	-14.54%
APPN	2.7B	545.4M	-3.32%	2.15%	-24.05	4.91	16.53%	26.16%
SMALL-CAP
CSGS	1.5B	1.2B	-1.77%	-3.02%	21.41	1.25	7.30%	93.18%
ATEN	1.0B	251.7M	0.22%	-3.65%	25.55	4.06	-10.22%	-14.79%
BAND	472.6M	601.1M	0.11%	49.27%	-28.91	0.79	4.88%	-183.51%
DTSS	19.3M	7.0M	12.74%	-51.84%	-2.25	2.91	-55.73%	-45.27%
BLIN	13.4M	15.6M	22.86%	44.94%	-1.35	0.86	-6.37%	-5256.07%

SPS Commerce Inc News

Latest updates

SPS Commerce Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	6.9%	145	136	130	126	122	114	109	105	103	98.00	95.00	90.00	83.00	80.00	76.00	74.00	73.00	71.00	69.00	67.00	65.00
Cost Of Revenue	7.7%	49.00	46.00	45.00	43.00	42.00	39.00	38.00	35.00	36.00	34.00	32.00	30.00	27.00	25.00	24.00	24.00	24.00	23.00	24.00	21.00	21.00
Gross Profit	6.4%	96.00	90.00	86.00	83.00	80.00	76.00	72.00	70.00	67.00	64.00	63.00	60.00	56.00	55.00	51.00	51.00	49.00	48.00	45.00	46.00	44.00
Operating Expenses	5.0%	73.00	70.00	69.00	66.00	61.00	56.00	56.00	53.00	52.00	50.00	49.00	47.00	43.00	41.00	40.00	39.00	38.00	37.00	35.00	38.00	36.00
S&GA Expenses	9.7%	33.00	30.00	30.00	29.00	27.00	25.00	25.00	25.00	23.00	22.00	22.00	21.00	20.00	19.00	19.00	18.00	18.00	17.00	18.00	18.00	18.00
R&D Expenses	4.8%	14.00	14.00	13.00	13.00	12.00	11.00	11.00	11.00	11.00	11.00	9.00	9.00	8.00	8.00	7.00	8.00	8.00	8.00	7.00	6.00	7.00
EBITDA Margin	1.4%	0.19*	0.19*	0.19*	0.19*	0.20*	0.19*	0.18*	0.19*	0.18*	0.19*	0.20*	0.21*	-	-	-	-	-	-	-	-	-
Interest Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	1.00	1.00	1.00	1.00	1.00	1.00
Income Taxes	34.3%	7.00	5.00	4.00	3.00	5.00	3.00	4.00	4.00	2.00	1.00	3.00	2.00	1.00	3.00	1.00	1.00	3.00	3.00	2.00	1.00	2.00
Earnings Before Taxes	18.1%	26.00	22.00	19.00	18.00	21.00	19.00	15.00	17.00	15.00	13.00	13.00	12.00	15.00	14.00	13.00	11.00	12.00	12.00	11.00	8.00	9.00
EBT Margin	2.4%	0.16*	0.16*	0.16*	0.15*	0.16*	0.15*	0.14*	0.15*	0.14*	0.15*	0.16*	0.16*	-	-	-	-	-	-	-	-	-
Net Income	12.9%	19.00	17.00	15.00	15.00	16.00	16.00	11.00	13.00	13.00	11.00	10.00	10.00	13.00	11.00	11.00	10.00	9.00	9.00	9.00	7.00	7.00
Net Income Margin	0.5%	0.12*	0.12*	0.13*	0.12*	0.12*	0.12*	0.11*	0.12*	0.12*	0.12*	0.13*	0.14*	-	-	-	-	-	-	-	-	-
Free Cashflow	-25.3%	28.00	38.00	30.00	16.00	18.00	34.00	29.00	-0.01	27.00	20.00	28.00	18.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	4.6%	824	787	736	697	673	637	623	613	616	591	572	550	526	488	462	440	447	427	419	407	386
Current Assets	11.6%	401	360	385	346	323	339	366	351	352	343	323	297	271	337	304	290	292	274	273	257	250
Cash Equivalents	22.6%	219	179	209	182	163	186	213	203	208	196	184	169	150	209	175	184	179	150	147	144	134
Net PPE	-0.5%	36.00	36.00	35.00	35.00	35.00	33.00	32.00	32.00	32.00	31.00	29.00	27.00	26.00	25.00	26.00	24.00	24.00	21.00	21.00	21.00	21.00
Goodwill	396.3%	249	50.00	203	199	197	25.00	143	144	144	135	135	135	135	77.00	76.00	74.00	77.00	76.00	70.00	70.00	70.00
Liabilities	-2.6%	156	161	135	131	136	129	126	122	132	121	118	109	106	93.00	88.00	85.00	93.00	82.00	80.00	76.00	67.00
Current Liabilities	-1.7%	131	133	112	107	111	105	101	94.00	103	95.00	91.00	83.00	80.00	70.00	67.00	62.00	68.00	61.00	58.00	53.00	57.00
Shareholder's Equity	6.5%	667	627	601	566	537	508	497	492	484	471	455	441	421	395	373	355	355	345	338	331	319
Retained Earnings	7.9%	259	240	223	209	193	177	161	151	138	125	114	104	93.00	80.00	69.00	57.00	49.00	40.00	31.00	22.00	15.00
Additional Paid-In Capital	3.2%	537	520	508	490	476	463	454	442	433	423	413	403	393	383	374	362	354	349	344	340	333
Accumulated Depreciation	-	-	-	-	-	-	-	-	-	-	71.00	67.00	63.00	59.00	59.00	55.00	53.00	51.00	49.00	46.00	44.00	41.00
Shares Outstanding	0.3%	37.00	37.00	37.00	37.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	7,000	-	-	-	4,100	-	-	-	3,600	-	-	-	2,600	-	-	-	1,800	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-25.2%	32,786	43,842	34,039	21,631	23,569	39,698	32,438	4,347	31,325	26,910	33,053	21,605	23,033	28,734	22,128	14,667	20,834	21,298	19,461	10,201	17,468
Share Based Compensation	-17.7%	9,411	11,436	12,881	11,780	7,763	7,960	8,661	9,015	6,301	6,849	7,499	6,925	4,690	4,893	5,009	4,344	3,374	3,147	2,875	5,294	2,532
Cashflow From Investing	101.1%	806	-75,100	-13,758	-4,590	-52,197	-55,299	-10,962	5,668	-14,616	-14,315	-12,970	-4,802	-88,494	515	-31,940	-550	12,316	-14,455	-12,053	-121	-25,775
Cashflow From Financing	468.1%	5,965	1,050	6,530	2,425	5,024	-10,472	-11,608	-14,575	-5,001	-1,084	-5,019	2,743	6,178	4,812	256	-8,918	-3,604	-4,022	-4,022	-494	-2,544
Buy Backs	-	-	-	-	-	515	12,477	14,997	15,226	9,769	4,211	-	-	-	-	6,950	12,000	5,652	6,000	6,000	2,966	5,997

SPSC Income Statement

2023-12-31

Consolidated Statements of Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenues	$ 536,910	$ 450,875	$ 385,276
Cost of revenues	182,069	153,065	131,678
Gross profit	354,841	297,810	253,598
Operating expenses
Sales and marketing	122,936	101,772	88,044
Research and development	53,654	45,748	39,038
General and administrative	84,887	67,340	61,305
Amortization of intangible assets	16,116	11,768	10,126
Total operating expenses	277,593	226,628	198,513
Income from operations	77,248	71,182	55,085
Other income (expense), net	8,315	142	(1,544)
Income before income taxes	85,563	71,324	53,541
Income tax expense	19,739	16,190	8,944
Net income	65,824	55,134	44,597
Other comprehensive income (expense)
Foreign currency translation adjustments	3,393	(2,240)	(514)
Unrealized gain (loss) on investments, net of tax of $644, $147, and $(34), respectively	1,932	441	(102)
Reclassification of (gain) loss on investments into earnings, net of tax of $(564), $(55), and $63, respectively	(1,692)	(165)	190
Total other comprehensive income (expense)	3,633	(1,964)	(426)
Comprehensive income	$ 69,457	$ 53,170	$ 44,171
Net income per share
Basic (in dollars per share)	$ 1.80	$ 1.53	$ 1.24
Diluted (in dollars per share)	$ 1.76	$ 1.49	$ 1.21
Weighted average common shares used to compute net income per share
Basic (in shares)	36,646	36,117	35,928
Diluted (in shares)	37,475	36,953	36,962

SPSC Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 219,081	$ 162,893
Short-term investments	56,359	51,412
Accounts receivable	50,160	42,501
Allowance for credit losses	(3,320)	(3,066)
Accounts receivable, net	46,840	39,435
Deferred costs	62,403	52,755
Other assets	16,758	16,319
Total current assets	401,441	322,814
Property and equipment, net	36,043	35,458
Operating lease right-of-use assets	7,862	9,170
Goodwill	249,176	197,284
Intangible assets, net	107,344	88,352
Other assets
Deferred costs, non-current	20,347	17,424
Deferred income tax assets	505	227
Other assets, non-current	1,126	2,185
Total assets	823,844	672,914
Current liabilities
Accounts payable	7,420	11,256
Accrued compensation	41,588	30,235
Accrued expenses	8,014	7,451
Deferred revenue	69,187	57,423
Operating lease liabilities	4,460	4,277
Total current liabilities	130,669	110,642
Other liabilities
Deferred revenue, non-current	6,930	4,771
Operating lease liabilities, non-current	9,569	13,009
Deferred income tax liabilities	8,972	7,419
Other liabilities, non-current	229	0
Total liabilities	156,369	135,841
Commitments and contingencies
Stockholders' equity
Preferred stock, $0.001 par value; 5,000,000 shares authorized; 0 shares issued and outstanding	0	0
Common stock, $0.001 par value; 110,000,000 shares authorized; 38,971,146 and 38,309,144 shares issued; and 36,820,048 and 36,158,046 shares outstanding, respectively	39	38
Treasury Stock, at cost; 2,151,098 shares	(128,892)	(128,892)
Additional paid-in capital	537,061	476,117
Retained earnings	259,045	193,221
Accumulated other comprehensive gain (loss)	222	(3,411)
Total stockholders’ equity	667,475	537,073
Total liabilities and stockholders’ equity	$ 823,844	$ 672,914

About SPS Commerce Inc

SPS Commerce, Inc. provides cloud-based supply chain management solutions worldwide. It offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, suppliers, grocers, distributors, and logistics firms manage and fulfill omnichannel orders, optimize sell-through performance, and automate new trading relationships. The company also provides Fulfillment solution, an electronic data interchange solution that scales as a business grows, where companies use a single system to manage orders and logistics from various sales channels, including wholesale, eCommerce, and marketplaces; and Analytics product that enables organizations to enhance visibility into how products are selling through a single connection across various sales channels, including wholesale, eCommerce, and marketplaces, as well as enhances access and usage of sales and inventory data through a combination of analytics applications, network of connections, and industry-leading expertise. In addition, it offers various complimentary products, such as assortment product, which simplifies the communication of robust, accurate item data by automatically translating item attributes, and hierarchies; and community product that allows organizations to accelerate digitization of their supply chain and improve collaboration with suppliers through change management and onboarding programs. The company was formerly known as St. Paul Software, Inc. and changed its name to SPS Commerce, Inc. in May 2001. SPS Commerce, Inc. was incorporated in 1987 and is headquartered in Minneapolis, Minnesota.

CEO	Mr. Archie C. Black
WEBSITE	spscommerce.com
INDUSTRY	Software - Infra
EMPLOYEES	2215

SPS Commerce Inc Frequently Asked Questions

What is the ticker symbol for SPS Commerce Inc? What does SPSC stand for in stocks?

SPSC is the stock ticker symbol of SPS Commerce Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of SPS Commerce Inc (SPSC)?

As of Wed Apr 24 2024, market cap of SPS Commerce Inc is 6.33 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SPSC stock?

You can check SPSC's fair value in chart for subscribers.

What is the fair value of SPSC stock?

You can check SPSC's fair value in chart for subscribers. The fair value of SPS Commerce Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of SPS Commerce Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SPSC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is SPS Commerce Inc a good stock to buy?

The fair value guage provides a quick view whether SPSC is over valued or under valued. Whether SPS Commerce Inc is cheap or expensive depends on the assumptions which impact SPS Commerce Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SPSC.

What is SPS Commerce Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, SPSC's PE ratio (Price to Earnings) is 96.12 and Price to Sales (PS) ratio is 11.78. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SPSC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on SPS Commerce Inc's stock?

In the past 10 years, SPS Commerce Inc has provided 0.216 (multiply by 100 for percentage) rate of return.