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SPSC $188.32

SPSC target price
188.32
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SPS Commerce, Inc.
Type
Public
Traded as NASDAQ: SPSC
S&P 600 Component
Industry Technology – application software
Founded 1987
Founder Gary W Anderson
Headquarters Minneapolis, Minnesota, United States
Key people

Archie C. Black (CEO, President, Director) Kimberly K. Nelson
(Chief Financial Officer, and Principal Accounting Officer)
James J. Frome
(Chief Operating Officer)

Jamie Thingelstad
(Chief Technology Officer)
Services Supply chain management solutions, EDI
Revenue $ 127.9M (2014)
Number of employees
943 (2015)
Website www.spscommerce.com

Archie C. Black (CEO, President, Director) Kimberly K. Nelson
(Chief Financial Officer, and Principal Accounting Officer)
James J. Frome
(Chief Operating Officer)

SPS Commerce is a corporation based in the United States that provides cloud-based supply chain management software to retailers, suppliers, third-party logistics providers and partners. The company's headquarters are located in Minneapolis, Minnesota, but it also has US offices in San Diego and New Jersey, and international locations in Beijing, Hong Kong, Sydney, Melbourne, London, Toronto, and Kiev. In 2015, the Minneapolis Star Tribune reported that SPS Commerce was ranked by WorkplaceDynamics as the best large workplace in Minnesota. SPS was also ranked among the top 10 fastest growing publicly traded companies in Minnesota in 2014.

The company was founded in 1987 under the name St. Paul Software. In 2000, the company sold its software business to Netherlands-based TIE Commerce. After the sale, the company primarily offered Internet-based business-to-business exchanges for retailers and manufacturers. St. Paul Software was renamed SPS Commerce in May 2001. SPS Commerce went public in April 2010 when it debuted on the NASDAQ global market. Soon after, the company acquired San Diego-based EDI services company Direct EDI for $10.9m, adding 40 employees in a San Diego office and a development group in Ukraine. SPS continued to expand its operations in 2012 with the purchase of New Jersey-based data analytics firm Edifice, and in 2014 with the $14.9m acquisition of LeadTec, a supply chain solutions provider headquartered in Melbourne, Australia. In 2015, SPS hired former Target Corp CIO Beth Jacob in an executive role.

SPS Commerce applications facilitate supply chain automation, electronic communication and data analytics. Specific product offerings include Trading Partner Fulfillment, Assortment, and Analytics, as well as bar code labeling and Scan & Pack solutions.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-10-26 Future report Set alerts
Q2 2022 2022-07-27 0.53 0.53
Q1 2022 2022-04-28 0.55 0.55
Q4 2021 2022-02-09 0.47 0.47
Q3 2021 2021-10-28 0.47 0.47
Q2 2021 2021-07-29 0.46 0.46
Q1 2021 2021-04-29 0.00 0.00
Q4 2020 2021-02-11 0.40 0.40
Q3 2020 2020-10-28 0.00 0.00
Q2 2020 2020-07-30 0.37 0.31

Ratings

2016-04-23 Reiterated Rating Canaccord Genuity Buy
2016-03-19 Reiterated Rating Needham & Company LLC Buy $86.00 to $60.00
2016-02-04 Lower Price Target Stifel Nicolaus Buy $85.00 to $77.00
2016-02-04 Lower Price Target JMP Securities Market Outperform $85.00 to $78.00
2016-02-04 Lower Price Target Craig Hallum Buy $68.00
2016-02-04 Lower Price Target Canaccord Genuity Buy $85.00 to $75.00
2016-01-08 Reiterated Rating Canaccord Genuity Buy
2015-10-23 Reiterated Rating Canaccord Genuity Buy $85.00
2015-07-24 Boost Price Target Canaccord Genuity Buy $80.00 to $83.00
2015-07-24 Boost Price Target Stifel Nicolaus Buy $80.00 to $85.00
2015-07-24 Boost Price Target Northland Securities Outperform $82.00 to $87.00
2015-07-23 Boost Price Target Needham & Company LLC Buy $72.00 to $86.00
2015-04-24 Boost Price Target Canaccord Genuity Buy $70.00 to $80.00
2015-02-06 Reiterated Rating Canaccord Genuity Buy $70.00
2014-04-25 Lower Price Target Canaccord Genuity Buy $80.00 to $65.00
2014-02-07 Lower Price Target Canaccord Genuity $85.00 to $80.00
2013-10-25 Boost Price Target Stifel Nicolaus Buy $60.00 to $80.00
2013-10-25 Boost Price Target Northland Securities Outperform $66.00 to $82.00
2013-10-25 Boost Price Target Needham & Company LLC Buy $65.00 to $82.00
2013-10-25 Boost Price Target JMP Securities Market Outperform $62.00 to $79.00
2013-04-02 Initiated Maxim Group Buy $50
2012-02-09 Reiterated JMP Securities Mkt Outperform $21 to $29
2012-02-09 Reiterated Feltl & Co. Strong Buy $24 to $34
2011-12-05 Downgrade Canaccord Genuity Buy to Hold
2011-06-13 Initiated Barrington Research Outperform $18.50
2011-02-10 Reiterated Feltl & Co. Strong Buy $18 to $22
2010-07-01 Initiated Feltl & Co. Strong Buy $18
2016-04-23 Reiterated Rating Canaccord Genuity Buy
2016-03-19 Reiterated Rating Needham & Company LLC Buy $86.00 to $60.00
2016-02-04 Lower Price Target Stifel Nicolaus Buy $85.00 to $77.00
2016-02-04 Lower Price Target JMP Securities Market Outperform $85.00 to $78.00
2016-02-04 Lower Price Target Craig Hallum Buy $68.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Black Archie C. President & CEO 0.64%  (103380) PRLB / SPSC /
Nelson Kimberly K. EVP & CFO 0.32%  (52742) QUMU / SPSC /
Frome James J. EVP & Chief Strategy Officer 0.18%  (28612) SPSC /
Gorman Michael B 0.14%  (22363) SPSC /
Novak David J. Jr. EVP of Business Develpmt 0.04%  (6319) SPSC /
Gray Michael J. EVP of Operations 0.04%  (6319) SPSC /
SORAN PHILIP 0.04%  (6175) HTCH / PJC / SPSC /
WEHRWEIN SVEN 0.03%  (5502) ATRC / ISNS / PRLB / SPSC / UPI / VSCI /
LEESTMA MARTIN J 0.02%  (4002) SPSC /
Ramsey James Burr 0.02%  (3499) N / SPSC / VEEV /
Spencer George H. III 0.01%  (2003) BRDR / SPSC /
Reller Tami 0.01%  (1922) MSFT / SPSC /
Fishback Daniel R 0.01%  (1055) QUMU / SPSC / TDC /
Cleveland Bradley A. 0.01%  (948) PRLB / SPSC /