SPS Commerce Inc (NASDAQ: SPSC) stock suffered a major decline of -10.7% on 10/25/24. The shares closed at $170.49. Moreover, trading volume in this decline was exceptionally high at 361% of normal. The stock has performed in line with the market over the last nine months and has declined -12.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, SPSC is expected to continue to be an important Value Builder.
SPS Commerce has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. SPS Commerce has a poor Appreciation Score of 15 but a neutral Power Rating of 57, with the Negative Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
Be the first to comment