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Added to YB: 2024-03-20

Pitch date: 2024-03-19

SPSC [bullish]

SPS Commerce, Inc.

-67.88%

current return

Author Info

Capital Incentives works in research at Verity and writes deep dives on stocks. Sign up for the newsletter.

Company Info

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.

Market Cap

$2.1B

Pitch Price

$181.07

Price Target

225.00 (+287%)

Dividend

N/A

EV/EBITDA

10.58

P/E

22.63

EV/Sales

2.58

Sector

Software

Category

growth

Show full summary:
SPS Commerce, Inc. - $SPSC

SPS Commerce (SPSC): Cloud-based supply chain network simplifying retail EDI. 92 quarters of YoY growth, 21% EBITDA margin. Differentiated full-service model vs IBM, OpenText. 15% growth target with TAM runway. New CEO Collins from Korber. 26% upside to $225 on DCF.

Read full article (23 min)