Northland Securities analyst Nehal Chokshi maintained a Buy rating on Sps Commerce on Sunday, setting a price target of $123, which is approximately 20.96% above the present share price of $101.69.
Chokshi expects Sps Commerce to post earnings per share (EPS) of $0.29 for the third quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in SPS Commerce (NASDAQ:SPSC), with an average price target of $125.67.
The analysts price targets range from a high of $130 to a low of $123.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $90.09 million and a net profit of $12.66 million. The company's market cap is $3.65 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 25.3% and a 65.35% 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.