Sentiment Report: SPS Commerce Inc (NASDAQ:SPSC)

SPS Commerce, Inc. (NASDAQ:SPSC) Logo

Sentiment for SPS Commerce Inc (NASDAQ:SPSC)

SPS Commerce Inc (NASDAQ:SPSC) institutional sentiment decreased to 1.42 in 2019 Q1. Its down -0.96, from 2.38 in 2018Q4. The ratio dived, as 115 investment managers opened new or increased equity positions, while 81 sold and decreased stakes in SPS Commerce Inc. The investment managers in our partner’s database now have: 16.39 million shares, down from 16.79 million shares in 2018Q4. Also, the number of investment managers holding SPS Commerce Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 15 Reduced: 66 Increased: 71 New Position: 44.

SPS Commerce, Inc. provides cloud-based supply chain management solutions worldwide. The company has market cap of $1.85 billion. It provides solutions through the SPS Commerce platform, a cloud product suite that enhances the way suppliers, retailers, distributors, logistics firms, and other trading partners manage and fulfill orders. It has a 59.18 P/E ratio. The firm offers Trading Partner Fulfillment solution, which provides fulfillment automation and replaces or augments an organizationÂ’s existing trading partner electronic communication infrastructure; Trading Partner Analytics solution that comprises data analytics applications to enhance visibility and analysis of clients supply chains; and Trading Partner Assortment solution to manage individual attributes associated with each item a retailer or supplier sells.

The stock decreased 0.56% or $0.58 during the last trading session, reaching $102.2. About 99,893 shares traded. SPS Commerce, Inc. (NASDAQ:SPSC) has risen 31.63% since August 16, 2018 and is uptrending. It has outperformed by 31.63% the S&P500.

Analysts await SPS Commerce, Inc. (NASDAQ:SPSC) to report earnings on October, 24. They expect $0.41 EPS, up 10.81 % or $0.04 from last year’s $0.37 per share. SPSC’s profit will be $7.42M for 62.32 P/E if the $0.41 EPS becomes a reality. After $0.48 actual EPS reported by SPS Commerce, Inc. for the previous quarter, Wall Street now forecasts -14.58 % negative EPS growth.

Conestoga Capital Advisors Llc holds 1.6% of its portfolio in SPS Commerce, Inc. for 542,415 shares. Herald Investment Management Ltd owns 50,000 shares or 1.35% of their US portfolio. Moreover, Granahan Investment Management Inc Ma has 1.31% invested in the company for 229,496 shares. The Minnesota-based Riverbridge Partners Llc has invested 1.01% in the stock. Ironwood Investment Management Llc, a Massachusetts-based fund reported 7,552 shares.

More notable recent SPS Commerce, Inc. (NASDAQ:SPSC) news were published by: Globenewswire.com which released: “SPS Commerce Announces Date of Second Quarter 2019 Financial Results – GlobeNewswire” on July 11, 2019, also Finance.Yahoo.com with their article: “Should SPS Commerce, Inc. (NASDAQ:SPSC) Be Your Next Stock Pick? – Yahoo Finance” published on July 05, 2019, Nasdaq.com published: “CORE vs. SPSC: Which Stock Should Value Investors Buy Now? – Nasdaq” on July 29, 2019. More interesting news about SPS Commerce, Inc. (NASDAQ:SPSC) were released by: Globenewswire.com and their article: “SPS Commerce Fulfillment Certified for Acumatica 2018 R2 – GlobeNewswire” published on January 21, 2019 as well as Nasdaq.com‘s news article titled: “SPS Commerce (SPSC) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release – Nasdaq” with publication date: July 18, 2019.

SPS Commerce, Inc. (NASDAQ:SPSC) Institutional Positions Chart

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