William Blair analyst Matthew Pfau maintained a Hold rating on SPS Commerce (SPSC – Research Report) today. The company’s shares closed last Thursday at $100.37.
According to TipRanks.com, Pfau is a 4-star analyst with an average return of 23.8% and a 70.8% success rate. Pfau covers the Technology sector, focusing on stocks such as BigCommerce Holdings, Manhattan Associates, and Squarespace.
Currently, the analyst consensus on SPS Commerce is a Moderate Buy with an average price target of $126.75.
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Based on SPS Commerce’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $90.09 million and net profit of $10.2 million. In comparison, last year the company earned revenue of $74.19 million and had a net profit of $9.52 million.
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SPS Commerce, Inc. provides cloud-based supply chain management services. The firm serves retailers, suppliers, grocers, distributors and logistics firms to orchestrate the management of item data, order fulfillment, inventory control and sales analytics across all channels. Its SPS Commerce cloud services platform offers Trading Partner Community, Fulfillment, Assortment, Analytics, Sourcing, and Other Trading Partner Solutions. The company was founded by Gary W. Anderson and Roger Anderson on January 28, 1987 and is headquartered in Minneapolis, MN.
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