Needham Maintained Viavi Solutions (VIAV)’s “Hold” Rating; SPS Commerce, Inc. (SPSC) Had 8 Bullish Analysts

October 12, 2017 - By Adrian Erickson

Among 11 analysts covering SPS Commerce (NASDAQ:SPSC), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. SPS Commerce had 23 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Buy” rating by Oppenheimer given on Tuesday, August 8. The stock has “Buy” rating by Oppenheimer on Friday, July 28. The stock has “Buy” rating by Needham on Thursday, July 23. Pacific Crest initiated SPS Commerce, Inc. (NASDAQ:SPSC) on Friday, September 30 with “Overweight” rating. Northland Capital maintained the shares of SPSC in report on Thursday, July 27 with “Buy” rating. The company was downgraded on Wednesday, February 8 by Pacific Crest. William Blair downgraded SPS Commerce, Inc. (NASDAQ:SPSC) on Wednesday, February 8 to “Market Perform” rating. The stock of SPS Commerce, Inc. (NASDAQ:SPSC) has “Buy” rating given on Wednesday, September 20 by Needham. The rating was maintained by Canaccord Genuity with “Hold” on Monday, July 24. Northland Capital maintained SPS Commerce, Inc. (NASDAQ:SPSC) on Friday, July 24 with “Outperform” rating. See SPS Commerce, Inc. (NASDAQ:SPSC) latest ratings:

20/09/2017 Broker: Needham Rating: Buy New Target: $64.0 Maintain
08/08/2017 Broker: Oppenheimer Rating: Buy Maintain
28/07/2017 Broker: Oppenheimer Rating: Buy New Target: $74.0000 Maintain
27/07/2017 Broker: Northland Capital Rating: Buy New Target: $84.0000 Maintain
27/07/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $75.0000 Maintain
24/07/2017 Broker: Canaccord Genuity Rating: Hold New Target: $65.0000 Maintain
20/07/2017 Broker: Oppenheimer Rating: Buy New Target: $74.0000 Initiate

Among 8 analysts covering Viavi Solution… (VIAV), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Viavi Solution… has $1400 highest and $7 lowest target. $11.90’s average target is 25.66% above currents $9.47 stock price. Viavi Solution… had 18 analyst reports since August 5, 2015 according to SRatingsIntel. The company was upgraded on Thursday, December 8 by Craig Hallum. Jefferies maintained Viavi Solutions Inc (NASDAQ:VIAV) on Thursday, August 31 with “Buy” rating. B. Riley & Co maintained Viavi Solutions Inc (NASDAQ:VIAV) rating on Wednesday, August 16. B. Riley & Co has “Buy” rating and $12.5 target. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, August 16. The stock has “Hold” rating by Needham on Wednesday, August 16. M Partners maintained the shares of VIAV in report on Wednesday, August 16 with “Buy” rating. The company was upgraded on Wednesday, August 5 by B. Riley & Co. JP Morgan upgraded Viavi Solutions Inc (NASDAQ:VIAV) on Tuesday, October 11 to “Overweight” rating. The stock of Viavi Solutions Inc (NASDAQ:VIAV) has “Hold” rating given on Friday, August 12 by Jefferies. The firm earned “Buy” rating on Friday, July 21 by B. Riley & Co.

SPS Commerce, Inc. is a provider of cloud supply chain management solutions, providing network-proven fulfillment, sourcing and item assortment management solutions, along with retail performance analytics. The company has market cap of $990.25 million. The Firm provides its solutions through the SPS Commerce platform, a cloud product suite that manages the way suppliers, retailers, distributors and logistics firms orchestrate the sourcing, set up of new vendors and items, and fulfillment of products that clients buy from retailers and suppliers. It has a 109.69 P/E ratio. The Fulfillment solution provides fulfillment automation and replaces or augments an organization’s existing trading partner electronic communication infrastructure, enabling suppliers to have visibility into the journey of an order and comply with retailers’ rule books and enabling the electronic exchange of information among various trading partners through various protocols.

Investors sentiment decreased to 0.88 in Q2 2017. Its down 0.41, from 1.29 in 2017Q1. It dropped, as 16 investors sold SPS Commerce, Inc. shares while 49 reduced holdings. 18 funds opened positions while 39 raised stakes. 16.82 million shares or 0.15% less from 16.85 million shares in 2017Q1 were reported. Ny State Teachers Retirement owns 6,965 shares for 0% of their portfolio. Herald Inv Mgmt holds 50,000 shares or 1.09% of its portfolio. 60 are held by Hanson Mcclain Inc. 631 were accumulated by Huntington Fincl Bank. Menta Ltd Liability Corp stated it has 0.09% in SPS Commerce, Inc. (NASDAQ:SPSC). Parkside National Bank & Trust & owns 94 shares. 17,041 were accumulated by Jpmorgan Chase. 3,718 were accumulated by Piedmont Advsrs Ltd. State Of Tennessee Treasury Department holds 0% or 16,017 shares in its portfolio. Conestoga Limited Liability Com has invested 1.91% in SPS Commerce, Inc. (NASDAQ:SPSC). Metropolitan Life Insurance Com New York invested 0% of its portfolio in SPS Commerce, Inc. (NASDAQ:SPSC). Fifth Third Commercial Bank invested 0% in SPS Commerce, Inc. (NASDAQ:SPSC). Manufacturers Life The reported 13,084 shares. Pinebridge Invests Lp holds 2,265 shares. Hound Ptnrs Lc has invested 2.45% in SPS Commerce, Inc. (NASDAQ:SPSC).

Since June 1, 2017, it had 0 insider buys, and 1 sale for $45,119 activity. On Thursday, June 1 the insider Smerklo Michael A sold $45,119.

About 6,053 shares traded. SPS Commerce, Inc. (NASDAQ:SPSC) has risen 11.79% since October 12, 2016 and is uptrending. It has underperformed by 4.91% the S&P500.

Analysts await Viavi Solutions Inc (NASDAQ:VIAV) to report earnings on November, 7. They expect $0.05 earnings per share, down 28.57% or $0.02 from last year’s $0.07 per share. VIAV’s profit will be $11.40 million for 47.35 P/E if the $0.05 EPS becomes a reality. After $0.09 actual earnings per share reported by Viavi Solutions Inc for the previous quarter, Wall Street now forecasts -44.44% negative EPS growth.

About 67,923 shares traded. Viavi Solutions Inc (VIAV) has risen 77.76% since October 12, 2016 and is uptrending. It has outperformed by 61.06% the S&P500.

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