Latest news with #SPSC
Leaders
19-05-2025
- Health
- Leaders
SPSC Hosts Side Event on Advancing Global Patient Safety at WHA78 in Geneva
Reaffirming the Kingdom's commitment to global efforts in enhancing patient safety, the Saudi Patient Safety Center (SPSC) hosted a side event during the 78th World Health Assembly (WHA78) in Geneva, focused on accelerating the implementation of the Global Patient Safety Action Plan 2021–2030. Titled 'From Plan to Impact: Accelerating the Global Patient Safety Action Plan in a Risk-Prone World,' the event was held at the Palais des Nations and welcomed over 200 health leaders, policymakers, and representatives from international organizations. Moreover, the session emphasized strategies for advancing patient safety amid growing global health challenges, promoting international collaboration to build safer, more sustainable healthcare systems. Co-sponsors included the United Arab Emirates, Qatar, Oman, the Philippines, the Maldives, the International Society for Quality in Health Care (ISQua), the Organisation for Economic Co-operation and Development (OECD), and the Global Patient Safety Leadership Group (GPSLG). Key discussions highlighted national success stories, effective policy implementation, and capacity-building approaches, with a shared goal of fostering a culture of safety and accelerating progress on the Global Patient Safety Action Plan. Related Topics: Health Care in Saudi Arabia: Unique umbrella covers all humans Stride into Health: Saudi Launches 'Walk 30' Public Fitness Drive Makkah Municipality Issues Health Certificate Guidelines for Hajj Season 1446 Global Health: Gaza System Stockpiles to Run Out in 2 Weeks to Month Short link : Post Views: 2
Yahoo
29-04-2025
- Business
- Yahoo
Here's Why SPS Commerce (SPSC) Shares Declined by 14%
Conestoga Capital Advisors, an asset management company, released its first-quarter 2025 investor letter. A copy of the letter can be downloaded here. Equity markets started the year with a rally due to optimism about a strong economy and expectations of moderating inflation and lower interest rates. However, concerns over slowing earnings from major Technology companies, geopolitical tensions, and an upcoming announcement on tariffs led to a sharp decline in equities by the end of the first quarter. Investors sought safety, driving U.S. Treasury yields down. The Conestoga Small Cap Composite returned -11.35% (net) in the first quarter compared to the Russell 2000 Growth Index's -11.12% return. The Conestoga SMid Cap Composite returned -5.73% compared to the Russell 2500 Growth Index's -10.80% return. The Conestoga Micro-Cap Composite returned -8.24% vs the Russell Microcap Growth Index's return of -17.75%. Finally, the Conestoga Mid Cap Composite returned 0.96% (net), compared to the Russell Midcap Growth Index's -7.12% return. Please check the top 5 holdings of the fund for a better understanding of their best picks for 2025. In its first-quarter 2025 investor letter, Conestoga Capital Advisors highlighted stocks such as SPS Commerce, Inc. (NASDAQ:SPSC). Headquartered in Minneapolis, Minnesota, SPS Commerce, Inc. (NASDAQ:SPSC) offers cloud-based supply chain management solutions. The one-month return of SPS Commerce, Inc. (NASDAQ:SPSC) was 5.12%, and its shares lost 23.53% of their value over the last 52 weeks. On April 28, 2025, SPS Commerce, Inc. (NASDAQ:SPSC) stock closed at $139.53 per share with a market capitalization of $5.299 billion. Conestoga Capital Advisors stated the following regarding SPS Commerce, Inc. (NASDAQ:SPSC) in its Q1 2025 investor letter: "Shares declined by 14% on the date SPS Commerce, Inc. (NASDAQ:SPSC) announced fourth quarter earnings. New CEO Chad Collins has been active in acquiring technologies to help SPSC broadens its set of offerings. This coincides with a moderate deceleration in organic growth that has investors questioning management's revenue growth target and, more specifically, how much will be organic. SPSC has historically grown through a combination of wallet share expansion and new customer additions. While typically balanced, this has shifted to mostly wallet share growth, raising another question with investors around new logo acquisition." A warehouse full of products and packages ready for rapid fulfillment. SPS Commerce, Inc. (NASDAQ:SPSC) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 29 hedge fund portfolios held SPS Commerce, Inc. (NASDAQ:SPSC) at the end of the fourth quarter, compared to 27 in the third quarter. SPS Commerce, Inc.'s (NASDAQ:SPSC) first quarter revenue grew 21% to $181.5 million and recurring revenue grew 23%. While we acknowledge the potential of SPS Commerce, Inc. (NASDAQ:SPSC) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered SPS Commerce, Inc. (NASDAQ:SPSC) and shared the list of worst performing software stocks to buy according to analysts. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
24-04-2025
- Business
- Yahoo
SPS Commerce: Q1 Earnings Snapshot
MINNEAPOLIS (AP) — MINNEAPOLIS (AP) — SPS Commerce Inc. (SPSC) on Thursday reported first-quarter profit of $22.2 million. The Minneapolis-based company said it had net income of 58 cents per share. Earnings, adjusted for stock option expense and amortization costs, came to $1 per share. The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 84 cents per share. The provider of supply chain software services to businesses posted revenue of $181.5 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $179.5 million. For the current quarter ending in June, SPS Commerce expects its per-share earnings to range from 87 cents to 90 cents. The company said it expects revenue in the range of $184.5 million to $186.2 million for the fiscal second quarter. SPS Commerce expects full-year earnings in the range of $3.86 to $3.93 per share, with revenue ranging from $758.5 million to $763 million. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on SPSC at Sign in to access your portfolio
New Indian Express
24-04-2025
- Business
- New Indian Express
Nearly 40% of India's citizens on board the Digilocker platform
NEW DELHI: Over 51.3 crore citizens in the country have adopted the digital wallet introduced by the Centre's Ministry of Electronics and Information Technology (MeitY), said J L Gupta, Director, Digilocker. Realising the huge advantages it offers, the State Public Service Commissions (SPSC) in four states have started using the Digilocker platform. A crucial part of the Digital India campaign, this Aadhaar-linked initiative is a massive step towards paperless governance. Speaking to TNIE on the sidelines of an event organised in the city to launch the issuance of sports certificates via Digilocker, Gupta said, 'This is a significant number and constitutes nearly 40 percent of the population. We never expected such an overwhelming response following its formal launch in July 2015.' The SPSCs in Kerala, Bihar, Chattisgarh and Haryana have already adopted it and it has helped them save an enormous amount of time and effort, he said. 'The Kerala SPSC was the first to hop onto the digital bandwagon a year ago while the other three states have adopted it only this year,' the official said. 'The Commission needs to crosscheck the authenticity of multiple documents before the recruitment process is completed. From a time period of 6 or 7 months, the whole process is now completed within a month,' he added. Realising its benefits, the PSCs in 12 other states including Maharashtra, Himachal Pradesh and Tripura are planning to adopt it, he said. From July 1 this year, Uttar Pradesh will be releasing all its Pension Payment Orders only through Digilocker, he said. 'The huge advantage is the documents are procured from the source of origin itself and hence its authenticity is assured. The Digilocker documents have a secure QR code too which can be authenticated online using the verification utility," said Gupta. "Government organisations are keen to come on board the platform across the country with the Ministry of Road Transport and Highways issuing its driving licence and registration certficates through it. Prominent nationalised banks too are using the facility," he added.
Yahoo
18-04-2025
- Business
- Yahoo
Calculating The Intrinsic Value Of SPS Commerce, Inc. (NASDAQ:SPSC)
SPS Commerce's estimated fair value is US$154 based on 2 Stage Free Cash Flow to Equity SPS Commerce's US$129 share price indicates it is trading at similar levels as its fair value estimate Analyst price target for SPSC is US$195, which is 27% above our fair value estimate Does the April share price for SPS Commerce, Inc. (NASDAQ:SPSC) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by projecting its future cash flows and then discounting them to today's value. This will be done using the Discounted Cash Flow (DCF) model. Believe it or not, it's not too difficult to follow, as you'll see from our example! We would caution that there are many ways of valuing a company and, like the DCF, each technique has advantages and disadvantages in certain scenarios. Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. We are going to use a two-stage DCF model, which, as the name states, takes into account two stages of growth. The first stage is generally a higher growth period which levels off heading towards the terminal value, captured in the second 'steady growth' period. To begin with, we have to get estimates of the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. Generally we assume that a dollar today is more valuable than a dollar in the future, so we discount the value of these future cash flows to their estimated value in today's dollars: 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Levered FCF ($, Millions) US$182.7m US$212.9m US$249.0m US$276.1m US$299.4m US$319.6m US$337.3m US$353.2m US$367.7m US$381.4m Growth Rate Estimate Source Analyst x5 Analyst x5 Analyst x1 Est @ 10.89% Est @ 8.45% Est @ 6.74% Est @ 5.54% Est @ 4.70% Est @ 4.12% Est @ 3.71% Present Value ($, Millions) Discounted @ 7.6% US$170 US$184 US$200 US$206 US$208 US$206 US$202 US$197 US$191 US$184 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = US$1.9b The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (2.8%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 7.6%. Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = US$381m× (1 + 2.8%) ÷ (7.6%– 2.8%) = US$8.1b Present Value of Terminal Value (PVTV)= TV / (1 + r)10= US$8.1b÷ ( 1 + 7.6%)10= US$3.9b The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is US$5.9b. In the final step we divide the equity value by the number of shares outstanding. Relative to the current share price of US$129, the company appears about fair value at a 16% discount to where the stock price trades currently. Valuations are imprecise instruments though, rather like a telescope - move a few degrees and end up in a different galaxy. Do keep this in mind. The calculation above is very dependent on two assumptions. The first is the discount rate and the other is the cash flows. Part of investing is coming up with your own evaluation of a company's future performance, so try the calculation yourself and check your own assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at SPS Commerce as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 7.6%, which is based on a levered beta of 1.116. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. Check out our latest analysis for SPS Commerce Strength Earnings growth over the past year exceeded its 5-year average. Currently debt free. Weakness Earnings growth over the past year underperformed the Software industry. Opportunity Annual earnings are forecast to grow faster than the American market. Current share price is below our estimate of fair value. Threat Revenue is forecast to grow slower than 20% per year. Although the valuation of a company is important, it is only one of many factors that you need to assess for a company. It's not possible to obtain a foolproof valuation with a DCF model. Rather it should be seen as a guide to "what assumptions need to be true for this stock to be under/overvalued?" For instance, if the terminal value growth rate is adjusted slightly, it can dramatically alter the overall result. For SPS Commerce, we've compiled three essential aspects you should assess: Financial Health: Does SPSC have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk. Future Earnings: How does SPSC's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other High Quality Alternatives: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing! PS. Simply Wall St updates its DCF calculation for every American stock every day, so if you want to find the intrinsic value of any other stock just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
