With 0.14 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.2 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $184.11 whereas the lowest price it dropped to was $181.025. The 52-week range on SPSC shows that it touched its highest point at $218.74 and its lowest point at $160.58 during that stretch. It currently has a 1-year price target of $220.20. Beta for the stock currently stands at 0.88.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SPSC was down-trending over the past week, with a drop of -0.37%, but this was down by -4.92% over a month. Three-month performance dropped to -4.82% while six-month performance fell -2.88%. The stock gained 1.78% in the past year, while it has lost -0.37% so far this year. A look at the trailing 12-month EPS for SPSC yields 2.08 with Next year EPS estimates of 3.93. For the next quarter, that number is 0.87. This implies an EPS growth rate of 20.78% for this year and 14.06% for next year. EPS is expected to grow by 20.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 20.97%.
Float and Shares Shorts:
At present, 37.57 million SPSC shares are outstanding with a float of 37.12 million shares on hand for trading. On 2024-12-13, short shares totaled 1.02 million, which was 271.0 higher than short shares on 1731628800. In addition to Mr. Chadwick Collins as the firm’s CEO & Director, Ms. Kimberly K. Nelson serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 1.0059301 of SPSC’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, SPSC reported revenue of $163686000.0 and operating income of $25571000.0. The EBITDA in the recently reported quarter was $32893000.0 and diluted EPS was $0.62.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SPSC since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SPSC analysts setting a high price target of 245.0 and a low target of 188.0, the average target price over the next 12 months is 220.2. Based on these targets, SPSC could surge 33.65% to reach the target high and rise by 2.56% to reach the target low. Reaching the average price target will result in a growth of 20.12% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.53191 being high and $3.41219 being low. For SPSC, this leads to a yearly average estimate of $3.44212.
