SPS Commerce Inc. (NASDAQ:SPSC) closed the previous session at $48.68, up by 0.54 or 1.12% higher on its price over the last trading period. Shares of the company have traded -1.28% down in the last 5 days, with the price reaching as high as $49.31 since 10/15/19. The stock however has recovered +3.20% since hitting 5-day low of $47.17. The SPSC stock is -2.05% lower than the $49.70 top value it marked over a period of month. SPS Commerce Inc. (NASDAQ:SPSC) has a 52-week price range of $37.92- $59.14. The stock is 18.18% up year-to-date. Can SPSC go on to record further gains or will the drop below $48.14 be witnessed again in coming days?
The total number of analysts who have rated SPSC as a buy is 8, with just 0 of 11 recommending it as a Sell. 11 analysts of the 0 rated it as underweight; while 2 advised Hold and a further 1 say the stock is Overweight.
Lets us now look at some key statistics for the company and see what they tell us about its books. SPS Commerce Inc. has a market valuation of $1.74 billion, with its Enterprise Value at $1.5 billion. The enterprise value (EV) is -16.0% off SPS Commerce Inc.’s market cap. Shares traded in the last session stood at 113869 while the average trading volume is 248.39K. Insiders own 0.90% of the shares institutions own 96.90% as outstanding shares currently stand at 35.74 million. When we look at the 20-day simple moving average, SPSC is 2.22%, while that moves to -1.15% over its 50-day SMA and the SMA200 is -3.37%.
When we look at the consensus estimate for SPSC shares, we find that Wall Street analysts have given the average target price of $59.78. The earnings estimate for the current quarter is 0.28, lower than the 0.29 expected for the next quarter. The stock has earnings per share estimate ranging between a low of 0.27 and a high of 0.29, with the coefficient variance at 2.00. For this fiscal year, the estimate climbs to 9.00 versus the 9.00 expected for the next year. SPSC has current-year EPS range between a low of 1.14 and a high of 1.18, with the coefficient variance at 1.15.
The stock’s trailing per-earning (P/E) is $56.47 while the forward P/E is $37.47. The company’s trailing 12-month price-to-sales ratio is 6.60. In terms of profitability, the company has a profit margin of 11.70% and a trailing 12-month (ttm) operating margin of 12.60%. The company’s gross margin is 67.10%. SPSC is one of the hottest stocks right now and that shows in its potential upside on returns with a 7.80% ROA for the last 12 months and a return on equity (ROE) of 9.50% over the same period.
For the fiscal quarter ending 9/29/2018, SPS Commerce Inc. had revenue of $70M. The earnings per share for the most recent quarter were 0.26. The EPS for the recent quarter beat consensus estimates by $0.06 per share after analysts had predicted $0.2. EPS posted in 4 out of the last 4 quarters have beaten analysts’ estimates.
The investor community is excited about the SPSC stock, with the Barchart 72% Sell showing that the stock could be headed for a massive downtrend. The stock’s 1-month chart already shows that the stock is 0.35% up and -6.11% lower in the last 3 months. Its 12-month performance is showing the stock trending higher by 14.49%. There might be a slight pullback as $49.26 is the first resistance point and if crossed $49.85 should come in play as the second resistance level. SPSC could see support around 48.14 and will later test the 47.61 support.