SPS Commerce, Inc. (SPSC) — Stock Score Summary

SPS Commerce, Inc. (SPSC) has a MoatMap StockRank of 73/100 based on Quality (74/100), Value (62/100), and Momentum (20/100) factor scores. The current signal is BUY. SPS Commerce is a cloud-based supply chain management software provider that operates a classic network-effect moat. As supply chains regionalize and become more complex, retailers and suppliers must integrate via EDI (Electronic Data Interchange). SPS sits at the center of this web, sharing scale economics with customers and growing recurring revenues with near-zero churn.

SPS Commerce, Inc. provides cloud-based supply chain management solutions, primarily focused on retail-focused Electronic Data Interchange (EDI) and analytics, connecting retailers, suppliers, and logistics providers. The company operates the largest retail-focused EDI network, creating strong network effects, high switching costs, and a dominant market position by automating and optimizing trading partner relationships.

Key Financial Metrics

Price$56.10
Market Cap$2.0B
P/E (TTM)23.28
P/E (Forward)10.74
Price/Book2.15
Return on Equity9.7%
Return on Invested Capital11.6%
Debt/Equity0.69
Gross Margin69.3%
Operating Margin12.8%
Revenue Growth5.8%
Free Cash Flow$152M

SPS Commerce, Inc. operates in the Software - Application industry, part of the Technology sector (United States).

Frequently Asked Questions

What is SPS Commerce, Inc.’s (SPSC) StockRank?
MoatMap’s StockRank for SPS Commerce, Inc. (SPSC) is 73/100, with a Buy signal. It is a composite of Quality (74), Value (62), and Momentum (20) factor ranks across MoatMap’s 19,000+ stock universe.
Does SPS Commerce, Inc. have an economic moat?
SPS Commerce, Inc. (SPSC) has a Quality factor score of 74/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is SPS Commerce, Inc. a buy, hold, or sell?
MoatMap’s current signal for SPS Commerce, Inc. (SPSC) is Buy, based on a StockRank of 73/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is SPS Commerce, Inc. in?
SPS Commerce, Inc. (SPSC) operates in the Technology sector, specifically the Software - Application industry (United States).
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