NASDAQ:SP

SP Plus (SP) Stock Price, News & Analysis

$50.78
+0.57 (+1.14%)
(As of 04/23/2024 ET)
Today's Range
$50.12
$50.92
50-Day Range
$50.21
$52.30
52-Week Range
$32.78
$52.56
Volume
268,073 shs
Average Volume
196,191 shs
Market Capitalization
$1.01 billion
P/E Ratio
32.55
Dividend Yield
N/A
Price Target
$52.00

SP Plus MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
2.4% Upside
$52.00 Price Target
Short Interest
Bearish
6.78% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.36mentions of SP Plus in the last 14 days
Based on 19 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.91%
From $3.42 to $3.93 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.36 out of 5 stars

Consumer Discretionary Sector

260th out of 266 stocks

Automotive Rental & Leasing, Without Drivers Industry

5th out of 5 stocks

SP stock logo

About SP Plus Stock (NASDAQ:SP)

SP Plus Corporation provides mobility solutions, parking services, parking management, ground transportation, baggage handling, and other ancillary services. The company operates in Commercial and Aviation segments. It provides on-site parking management, valet parking, ground transportation, facility maintenance, event logistics, remote airline check-in, security, municipal meter revenue collection and enforcement, and consulting services, as well as shuttle bus vehicles and drivers; baggage services, including delivery of delayed luggage and baggage handling services; wheelchair assist services; baggage repair and replacement services; and on-street parking meter collection and other forms of parking enforcement services. The company also offers facility maintenance services, including power sweeping and washing, painting and general repairs, and cleaning and seasonal services; patient transport services for healthcare clients; transportation, logistics, and implementation; valet services, such as vehicle staging and tracking systems, and doorman/bellman services; security services comprising training and hiring of security officers and patrol, as well as customized services and technology; wheelchair assist services; and an online and mobile app consumer platform through parking.com website; and revenue management services. In addition, it provides multi-platform marketing services, including SP+, AeroParker, and KMP Digitata brand websites that offer clients a platform for marketing their facilities, mobile applications, search marketing, email marketing, and social media campaigns. The company offers its services primarily under the SP+, Sphere, Bags, AeroParker, MetroParker, and KMP Digitata brands. The company was formerly known as Standard Parking Corporation and changed its name to SP Plus Corporation in December 2013. SP Plus Corporation was founded in 1929 and is headquartered in Chicago, Illinois.

SP Stock Price History

SP Stock News Headlines

What is Medicare Supplement Insurance?
Original Medicare helps covers a lot of hospital and medical services, but it still leaves some out- of- pocket medical costs to recipients. Make sure your family’s nest egg is protected from unpredictable medical expenses. Consider applying for a Medicare Supplement Insurance Plan that travels with you.
What is Medicare Supplement Insurance?
Original Medicare helps covers a lot of hospital and medical services, but it still leaves some out- of- pocket medical costs to recipients. Make sure your family’s nest egg is protected from unpredictable medical expenses. Consider applying for a Medicare Supplement Insurance Plan that travels with you.
SP Plus is Now Oversold (SP)
See More Headlines
Receive SP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for SP Plus and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/27/2024
Today
4/23/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Automotive rental & leasing, without drivers
Sub-Industry
Environmental & Facilities Services
CUSIP
85379010
Employees
19,900
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$52.00
High Stock Price Target
$52.00
Low Stock Price Target
$52.00
Potential Upside/Downside
+2.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$31.10 million
Pretax Margin
2.73%

Debt

Sales & Book Value

Annual Sales
$1.78 billion
Cash Flow
$4.62 per share
Book Value
$12.76 per share

Miscellaneous

Free Float
19,526,000
Market Cap
$1.01 billion
Optionable
Optionable
Beta
1.22
The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

Key Executives

  • Mr. Kristopher H. Roy (Age 49)
    CFO & Treasurer
    Comp: $984.8k
  • Ms. Ritu Vig (Age 45)
    President of the Aviation Division
    Comp: $840.92k
  • Mr. Christopher R. Sherman (Age 47)
    President of Commercial Division
    Comp: $916.75k
  • Mr. G. Marc Baumann (Age 68)
    Chairman, CEO & President
    Comp: $1.83M
  • Mr. Gary T. Roberts (Age 47)
    Senior VP, Corporate Controller, Assistant Treasurer & Principal Accounting Officer
  • Ms. Wenyu T. Blanchard (Age 50)
    Chief Legal Officer & Corporate Secretary
  • Ms. Connie H. Jin
    Senior Vice President of Corporate Development
  • Ms. Colleen Kozak
    Chief Human Resources Officer
  • Mr. Jeff Eckerling
    Chief Growth Officer
  • Mr. Dave Lombardi
    Chief Business Development Officer of Commercial Division

SP Stock Analysis - Frequently Asked Questions

Should I buy or sell SP Plus stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SP Plus in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SP, but not buy additional shares or sell existing shares.
View SP analyst ratings
or view top-rated stocks.

What is SP Plus' stock price target for 2024?

2 brokers have issued 1 year target prices for SP Plus' shares. Their SP share price targets range from $52.00 to $52.00. On average, they predict the company's stock price to reach $52.00 in the next year. This suggests a possible upside of 2.4% from the stock's current price.
View analysts price targets for SP
or view top-rated stocks among Wall Street analysts.

How have SP shares performed in 2024?

SP Plus' stock was trading at $51.25 at the start of the year. Since then, SP stock has decreased by 0.9% and is now trading at $50.78.
View the best growth stocks for 2024 here
.

When is SP Plus' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our SP earnings forecast
.

How were SP Plus' earnings last quarter?

SP Plus Co. (NASDAQ:SP) announced its quarterly earnings data on Tuesday, February, 27th. The business services provider reported $0.60 earnings per share for the quarter, missing analysts' consensus estimates of $0.85 by $0.25. The business services provider had revenue of $217.20 million for the quarter, compared to the consensus estimate of $235.44 million. SP Plus had a trailing twelve-month return on equity of 22.49% and a net margin of 1.74%.

What ETFs hold SP Plus' stock?

ETFs with the largest weight of SP Plus (NASDAQ:SP) stock in their portfolio include First Trust Merger Arbitrage ETF (MARB) and AltShares Merger Arbitrage ETF (ARB).IQ Merger Arbitrage ETF (MNA).

What is Marc Baumann's approval rating as SP Plus' CEO?

56 employees have rated SP Plus Chief Executive Officer Marc Baumann on Glassdoor.com. Marc Baumann has an approval rating of 64% among the company's employees.

What other stocks do shareholders of SP Plus own?
How do I buy shares of SP Plus?

Shares of SP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SP) was last updated on 4/23/2024 by MarketBeat.com Staff

From Our Partners