SPSC Stock Summary and Trading Ideas (SPS Commerce | NASDAQ:SPSC)

SPS Commerce Inc is a provider of cloud-based supply chain management services for retailers, grocers, distributors, suppliers, and logistics firms to increase supply chain performance, optimize inventory levels and sell-through, reduce operational costs, improve order visibility, and satisfy consumer demands for a seamless omnichannel experience. Its solutions are delivered through the SPS Commerce platform and provide integrations and retail performance analytics to its customers. Its products are; Fulfillment, Analytics, and Other products like Assortment and Community also it provides one-time services such as professional services and testing and certification. The group derives revenue from recurring monthly fees and set-up fees.

SPS Commerce trades on the NASDAQ stock market under the symbol SPSC.

As of December 12, 2024, SPSC stock price climbed to $197.14 with 107,870 million shares trading.

SPSC has a beta of 1.68, meaning it tends to be more sensitive to market movements. SPSC has a correlation of 0.33 to the broad based SPY ETF.

SPSC has a market cap of $7.41 billion. This is considered a Mid Cap stock.

Last quarter SPS Commerce reported $164 million in Revenue and $.92 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.09.

In the last 3 years, SPSC traded as high as $218.74 and as low as $96.41.

The top ETF exchange traded funds that SPSC belongs to (by Net Assets): IJR, IWM, VTI, VB, VXF.

SPSC has underperformed the market in the last year with a return of +6.6%, while the SPY ETF gained +32.3%. In the last 3 month period, SPSC fell short of the market, returning +5.5%, while SPY returned +9.3%. However, in the most recent 2 weeks SPSC has outperformed the stock market by returning +2.4%, while SPY returned +0.9%.

SPSC support price is $193.32 and resistance is $200.64 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SPSC shares will trade within this expected range on the day.