SPSC
SPS Commerce, Inc.
Technology · Software - Application · NMS
$55.47
Data: 2026-05-28
✓ ETHICAL PASS

Unknown MOAT
HIGH
Data Confidence: 100.0%
Key Metrics

How this company measures up on the fundamentals that matter

Market Cap
$1.9B
Total market value of the company
22.00
Premium valuation
10.15
Based on estimated future earnings — lower means cheaper
Rev Growth
+5.8%
Year-over-year revenue change
Profit Margin
11.9%
How much profit the company keeps from each dollar of revenue
9.7%
Return on equity — how efficiently it uses shareholder money
Analyst Target
$60.00
+8% from current price — median analyst estimate
Recommendation
HOLD
Consensus view from 11 analysts covering this stock
About SPS Commerce, Inc.

SPS Commerce, Inc. provides cloud-based supply chain management solutions in the United States. It offers solutions through SPS Commerce, a cloud-based platform that connects retailers, brands, distributors, manufacturers, and logistics providers, handling the complexity of modern commerce operations. The company also provides Fulfillment, a comprehensive solution designed to streamline supply chain operation that sends and receives order data, ensuring accurate execution of required processes from order to invoicing and revenue recovery through fully automated operations; and Analytics product that simplifies managing sell-through data from customers business partners that handle data acquisition, cleansing, normalization, and delivery. In addition, it offers various complimentary products, such as assortment product, which simplifies the communication of robust, accurate item data by automatically translating item attributes, and hierarchies through single connection across all sales channels; and relationship management product that allows organizations to accelerate digitization of their supply chain and improve collaboration with suppliers through change management, onboarding programs, and supplier score carding. The company was formerly known as St. Paul Software, Inc. and changed its name to SPS Commerce, Inc. in May 2001. SPS Commerce, Inc. was incorporated in 1987 and is headquartered in Minneapolis, Minnesota.

https://www.spscommerce.com

Country: United States Employees: 2,948 Industry: Software - Application
Ethical Screening

Five compliance checks based on AAOIFI standards — all must pass for ethical clearance

Business Activity
PASS
Core business does not involve prohibited activities
Debt Ratio
0.0% N/A
Debt must be below 33% of total assets
Cash Ratio
0.0% N/A
Interest-bearing cash below 33% of assets
Receivables
0.0% N/A
Receivables below 49% of assets
Revenue Purity
0.0% PASS
Non-compliant revenue below 5% — any excess requires purification
Quantitative Intelligence

Statistical analysis of price behaviour, risk, and market regime — independent of fundamental data

DISTRIBUTION
Smart money appears to be selling into strength — caution
-1.290
Returns do not compensate for the risk — negative edge
-0.1406
No positive edge detected — the data suggests staying out
-0.616
Drawdown risk outweighs the returns — higher risk profile
Annual Return
-47.4%
Historical annualised return based on price data
-76.8%
Largest peak-to-trough decline — the worst it has been
SIDEWAYS
Price consolidating — no clear directional bias
Days in State
24
How long the current regime has persisted — longer means more stable
Market Data

Trading characteristics and market positioning

0.58
Less volatile than the market — more defensive
52W High
$147.61
62% below the year high
52W Low
$49.04
13% above the year low
Avg Volume
617,198
Average daily shares traded — higher means easier to buy and sell
5.2
Days it would take all short sellers to cover — higher means more crowded
Short % Float
8.9%
Moderate short interest
N/A
Annual dividend as a percentage of the share price
$2.41
Earnings per share over the last 12 months
Financial Health

Balance sheet strength and cash generation — the foundation of long-term value

0.69
Moderate leverage — manageable
2.12
Strong balance sheet — comfortably covers short-term obligations
Quick Ratio
1.42
Like current ratio but excludes inventory — stricter test
Gross Margin
69.3%
Revenue left after cost of goods — higher means pricing power
Operating Margin
12.8%
Profit from core operations before interest and tax
$152M
Positive — the business generates more cash than it spends
Revenue (TTM)
$762M
Total revenue over the last 12 months
Net Income
$91M
Profitable — the bottom line is positive
Analyst Coverage
Analysts
11
Target High
$103.00
Target Median
$60.00
Target Low
$55.00
Explore the Ethical Screener View Track Record

Data sourced from public filings and market feeds. Not financial advice. Updated: 2026-05-28

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