First Analysis Initiates Coverage on SPS Commerce to Overweight

First Analysis Initiates Coverage on SPS Commerce(NASDAQ:SPSC). The shares have been rated Overweight. The rating by First Analysis was issued on Sep 27, 2016.

SPS Commerce (SPSC) shares turned negative on Fridays trading session with the shares closing down -0.24 points or -0.33% at a volume of 1,76,141. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $74.6. The peak price level was also seen at $74.6 while the days lowest was $73.35. Finally the shares closed at $73.41. The 52-week high of the shares is $78.29 while the 52-week low is $38.35. According to the latest information available, the market cap of the company is $1,246 M.

SPS Commerce(SPSC) last announced its earnings results on Jul 27, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $47.35M. Analysts had an estimated revenue of $47.06M. Earnings per share were $0.23. Analysts had estimated an EPS of $0.20.

Several Insider Transactions has been reported to the SEC. On Sep 6, 2016, Michael A Smerklo (director) sold 580 shares at $67.40 per share price.Also, On Sep 6, 2016, Archie C. Black (CEO) sold 10,000 shares at $65.46 per share price.On Aug 24, 2016, Martin J Leestma (director) sold 1,500 shares at $65.81 per share price, according to the Form-4 filing with the securities and exchange commission.

SPS Commerce Inc. is a provider of cloud-based supply chain management solutions. The Company provides integrations and retail performance analytics across the world. The Company provides its solutions through the SPS Commerce platform a cloud-based product suite that enables suppliers retailers distributors and other customers place manage and fulfill orders. The Company’s platform consists of a set of coupled cloud services. The Company’s fulfillment product combines integrations that comply with various rule books for retailers and distributors. By maintaining current integrations with retailers the Company’s platform obviates the need for suppliers to continually stay up-to-date with the rule book changes required by retailers. The SPS Commerce cloud services platform offers a range of solutions: Trading Partner Fulfillment Trading Partner Assortment Trading Partner Analytics Trading Partner Sourcing Trading Partner Enablement and Other Trading Partner Solutions.

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