Sps Commerce Intrinsic Stock Value – SPS Commerce Reports Record Q1 Revenue and Profits, Raises Outlook for Q2 and FY23
April 27, 2023
Trending News ☀️
SPS ($NASDAQ:SPSC) Commerce, a leading provider of cloud-based supply chain solutions, recently reported record Q1 revenue and profits, raising their outlook for Q2 and FY23. This came as a pleasant surprise to investors, as the company exceeded all top and bottom line expectations for the quarter. SPS Commerce is a Minneapolis-based public company that provides cloud-based solutions for retail, food and beverage, and consumer product companies. The company’s solutions enable customers to store, share, and analyze data related to their supply chain operations.
Thanks to its strong first quarter performance and improved outlook, SPS Commerce’s stock price rose by over 8% in after-hours trading following the report. The company is well positioned to capitalize on its existing customer base and capitalize on future growth opportunities in the years ahead.
Stock Price
The strong performance propelled the company’s stock price higher, as it opened at $141.6 and closed at $142.6, up by 0.8% from its previous closing price of $141.5. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Sps Commerce. More…
| Total Revenues | Net Income | Net Margin |
| 450.88 | 55.13 | 12.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Sps Commerce. More…
| Operations | Investing | Financing |
| 100.05 | -112.79 | -31.63 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Sps Commerce. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 672.91 | 135.84 | 14.85 |
Key Ratios Snapshot
Some of the financial key ratios for Sps Commerce are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 17.3% | 22.8% | 15.8% |
| FCF Margin | ROE | ROA |
| 17.8% | 8.5% | 6.6% |
Analysis – Sps Commerce Intrinsic Stock Value
At GoodWhale, we recently performed an analysis of SPS COMMERCE‘s wellbeing. Our proprietary Valuation Line indicated that the fair value of SPS COMMERCE share is around $132.1. However, currently SPS COMMERCE stock is traded at $142.6, significantly higher than the calculated fair price. This means that the stock is overvalued by 8.0%. Our team believes that this could be due to a surge in demand from investors, which has caused the share price to increase beyond its fair value. Nevertheless, investors should remain cautious as this could be a short-term phenomenon and the stock could later return to its fair value. More…
Peers
The company offers a suite of solutions that enable businesses to automate and optimize their supply chain operations. Its competitors include Equal Trading Inc, TradeGo FinTech Ltd, and Oidon Co Ltd.
– Equal Trading Inc ($OTCPK:EQTD)
SalaryGo is a leading financial technology company that provides innovative solutions to businesses and individuals worldwide. The company has a market capitalization of 534M as of 2022 and a return on equity of 14.25%. SalaryGo’s products and services include online banking, mobile banking, personal finance management, and investment management. The company also offers a range of other financial services, such as credit cards, loans, and insurance.
Summary
SPS Commerce, a technology company that specializes in cloud-based retail management solutions, recently reported its first quarter results, surpassing both top and bottom line estimates. The company also provided updated outlook for the second quarter and fiscal year 2023. Overall, the results were impressive and investors reacted positively towards the report.
