Added to YB: 2025-12-19
Pitch date: 2025-12-17
SPSC [neutral]
SPS Commerce, Inc.
+1.59%
current return
Author Info
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Company Info
SPS Commerce, Inc. provides cloud-based supply chain management solutions in the United States. The company offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, grocers, suppliers, manufacturers, distributors, and logistics firm; and manages omnichannel, supply chain, and other business requirements.
Market Cap
$3.3B
Pitch Price
$90.06
Price Target
N/A
Dividend
N/A
EV/EBITDA
18.62
P/E
39.35
EV/Sales
4.38
Sector
Software
Category
value
SPS Commerce: Compounder on Sale or a fallen Angel?
SPSC (watchlist): High-quality EDI platform fell 60% after Carbon6 deal backfired when Amazon changed rules. 19% 5yr revenue CAGR, 22% EBITDA margin, clean balance sheet. Anson activist pushing sale. Now 12x EBITDA vs 29x historical. Mgmt targets 6-13% growth, 35% margins. Watchlist due to mature tech & capital allocation concerns.
Read full article (6 min)