Northland Securities analyst Nehal Chokshi maintained a Hold rating on Sps Commerce on Friday, setting a price target of $108, which is approximately 5.92% above the present share price of $101.96.
Chokshi expects Sps Commerce to post earnings per share (EPS) of $0.32 for the fourth quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in SPS Commerce (NASDAQ:SPSC), with an average price target of $107.6.
The analysts price targets range from a high of $115 to a low of $100.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $79.56 million and a net profit of $13.95 million. The company's market cap is $3.42 billion.
According to TipRanks.com, Northland Securities analyst Nehal Chokshi is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.0% and a 64.31% success rate.
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.