SP Plus Corporation (SP Plus) is a provider of parking management, ground transportation and other ancillary services to commercial, institutional and municipal clients in the United States, Puerto Rico and Canada. The Company's segments include Region One (Urban), Region Two (Airport transportation), Region Three and Other. Region One (Urban) encompasses its services in healthcare facilities, municipalities, including government facilities, hotels, commercial real estate, residential communities, retail, colleges and universities, as well as ancillary services such as shuttle and transportation services, valet services, taxi and livery dispatch services. Region Two (Airport transportation) encompasses its services at all major airports, as well as ancillary services, which includes shuttle and transportation services and valet services. Region Three encompasses other operating segments, including USA Parking and event planning, including shuttle and transportation services.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Parking Lot Operators
- Sub-Industry: Environmental & Facilities Services
- Symbol: NASDAQ:SP
- CUSIP: 85379010
- Web: www.spplus.com
Capitalization:- Market Cap: $837.28 million
- Outstanding Shares: 22,202,000
Average Prices:- 50 Day Moving Avg: $36.28
- 200 Day Moving Avg: $32.91
- 52 Week Range: $22.60 - $38.55
P/E:- Trailing P/E Ratio: 21.60
- Foreward P/E Ratio: 20.52
- P/E Growth: 1.97
Sales & Book Value:- Annual Revenue: $897.5 million
- Price / Sales: 0.92
- Book Value: $13.17 per share
- Price / Book: 2.84
Profitability:- EBIDTA: $107.2 million
- Net Margins: 2.36%
- Return on Equity: 13.82%
- Return on Assets: 4.89%
Debt:- Debt-to-Equity Ratio: 0.51%
- Current Ratio: 0.78%
- Quick Ratio: 0.78%
Misc:- Average Volume: 178,670 shs.
- Beta: 0.97
- Short Ratio: 1.12
Frequently Asked Questions for SP Plus Corporation (NASDAQ:SP)
What is SP Plus Corporation's stock symbol?
SP Plus Corporation trades on the NASDAQ under the ticker symbol "SP."
How were SP Plus Corporation's earnings last quarter?
SP Plus Corporation (NASDAQ:SP) released its quarterly earnings results on Tuesday, August, 1st. The company reported $0.53 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.42 by $0.11. The firm earned $415.40 million during the quarter, compared to analysts' expectations of $223.35 million. SP Plus Corporation had a return on equity of 13.82% and a net margin of 2.36%. View SP Plus Corporation's Earnings History.
When will SP Plus Corporation make its next earnings announcement?
Where is SP Plus Corporation's stock going? Where will SP Plus Corporation's stock price be in 2017?
1 brokerages have issued 12-month target prices for SP Plus Corporation's shares. Their predictions range from $37.00 to $37.00. On average, they anticipate SP Plus Corporation's share price to reach $37.00 in the next twelve months. View Analyst Ratings for SP Plus Corporation.
Who are some of SP Plus Corporation's key competitors?
Some companies that are related to SP Plus Corporation include Capcom Co. (CCOEY), Monro Muffler Brake (MNRO), Party City Holdco (PRTY), Emerald Expositions Events (EEX), GoPro (GPRO), NutriSystem (NTRI), International Speedway Corporation (ISCA), MSG Networks (MSGN), E.W. Scripps Company (The) (SSP), American Woodmark Corporation (AMWD), Imax Corporation (IMAX), G-III Apparel Group, LTD. (GIII), WideOpenWest (WOW), Callaway Golf Company (ELY), Vista Outdoor (VSTO), Guess? (GES), Diversified Royalty Corp (BEL) and Belmond (BEL).
Who are SP Plus Corporation's key executives?
SP Plus Corporation's management team includes the folowing people:
- Karen M. Garrison, Independent Chairman of the Board
- G. Marc Baumann, President, Chief Executive Officer, Director
- Vance C. Johnston, Chief Financial Officer, Executive Vice President, Treasurer
- Robert M. Toy, President - Commercial Operations
- Gerard M. Klaisle, Executive Vice President, Chief Administrative Officer
- Robert N. Sacks, Executive Vice President, General Counsel, Secretary
- Hector O. Chevalier, Executive Vice President - Operations
- Thomas L. Hagerman, Executive Vice President - Operations
- John Ricchiuto, Executive Vice President - Operations
- Gregory A. Reid, Independent Director
Who owns SP Plus Corporation stock?
SP Plus Corporation's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bernzott Capital Advisors (4.20%), Vanguard Group Inc. (4.25%), Dimensional Fund Advisors LP (4.12%), River Road Asset Management LLC (3.89%), Investment Counselors of Maryland LLC (3.21%) and Lionstone Capital Management LLC (2.95%). Company insiders that own SP Plus Corporation stock include Cpc Rep LLC Kohlberg, James A Wilhelm, John Ricchiuto, Robert S Roath, Steven A Warshauer, Thomas L Hagerman, Versa Capital Fund I, LP and William H Bodenhamer. View Institutional Ownership Trends for SP Plus Corporation.
Who sold SP Plus Corporation stock? Who is selling SP Plus Corporation stock?
SP Plus Corporation's stock was sold by a variety of institutional investors in the last quarter, including River Road Asset Management LLC, Wells Fargo & Company MN, Ameriprise Financial Inc., Dupont Capital Management Corp, JPMorgan Chase & Co., Municipal Employees Retirement System of Michigan, GSA Capital Partners LLP and Chicago Equity Partners LLC. Company insiders that have sold SP Plus Corporation stock in the last year include Cpc Rep LLC Kohlberg, John Ricchiuto, Robert S Roath, Thomas L Hagerman and Versa Capital Fund I, LP. View Insider Buying and Selling for SP Plus Corporation.
Who bought SP Plus Corporation stock? Who is buying SP Plus Corporation stock?
SP Plus Corporation's stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Laurion Capital Management LP, Principal Financial Group Inc., FMR LLC, Thompson Siegel & Walmsley LLC, Vanguard Group Inc., Dimensional Fund Advisors LP and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for SP Plus Corporation.
How do I buy SP Plus Corporation stock?
Shares of SP Plus Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is SP Plus Corporation's stock price today?
One share of SP Plus Corporation stock can currently be purchased for approximately $37.35.
MarketBeat Community Rating for SP Plus Corporation (NASDAQ SP)MarketBeat's community ratings are surveys of what our community members think about SP Plus Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for SP Plus Corporation (NASDAQ:SP) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Buy Rating |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $37.00 (0.94% downside) |
Analysts' Ratings History for SP Plus Corporation (NASDAQ:SP)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 3/13/2017 | Barrington Research | Reiterated Rating | Outperform -> Outperform | $30.00 -> $37.00 | Low |  |
(Data available from 9/21/2015 forward)
Earnings History for SP Plus Corporation (NASDAQ:SP)Earnings History by Quarter for SP Plus Corporation (NASDAQ SP)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/31/2017 | | $0.42 | | | | | N/A | |
| 8/1/2017 | Q2 2017 | $0.42 | $0.53 | $223.35 million | $415.40 million | View | Listen | |
| 5/2/2017 | Q1 2017 | $0.19 | $0.28 | $228.46 million | $414.50 million | View | Listen | |
| 2/22/2017 | Q4 2016 | $0.37 | $0.52 | $218.82 million | $406.20 million | View | N/A | |
| 11/4/2015 | Q315 | $0.27 | $0.26 | $220.80 million | $400.76 million | View | Listen | |
| 8/5/2015 | Q215 | $0.32 | $0.29 | $264.81 million | $405.62 million | View | Listen | |
| 5/5/2015 | Q115 | $0.05 | $0.13 | $206.19 million | $404.15 million | View | Listen | |
| 3/4/2015 | Q414 | $0.28 | $0.35 | $224.37 million | $211.55 million | View | Listen | |
| 11/6/2014 | Q314 | $0.25 | $0.19 | $206.80 million | $380.30 million | View | Listen | |
| 8/6/2014 | Q214 | $0.25 | $0.24 | $212.86 million | $209.89 million | View | N/A | |
| 5/7/2014 | Q114 | $0.13 | ($0.05) | $215.44 million | $206.59 million | View | N/A | |
| 3/5/2014 | Q4 13 | $0.22 | $0.30 | | | View | N/A | |
| 11/18/2013 | Q3 | $0.24 | $0.22 | $213.82 million | $200.31 million | View | N/A | |
| 8/6/2013 | Q2 2013 | $0.18 | $0.23 | $211.88 million | $211.89 million | View | N/A | |
| 5/8/2013 | Q1 2013 | $0.14 | $0.11 | $205.36 million | $210.53 million | View | N/A | |
| 11/5/2012 | | $0.34 | $0.29 | $84.36 million | $92.20 million | View | N/A | |
| 8/8/2012 | | $0.34 | $0.26 | | | View | N/A | |
| 5/9/2012 | | $0.24 | $0.26 | | | View | N/A | |
| 3/7/2012 | | $0.30 | $0.32 | | | View | N/A | |
| 11/2/2011 | | $0.31 | $0.37 | | | View | N/A | |
| 8/3/2011 | | $0.30 | $0.30 | | | View | N/A | |
| 5/3/2011 | | $0.22 | $0.23 | | | View | N/A | |
| 3/9/2011 | | $0.30 | $0.29 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for SP Plus Corporation (NASDAQ:SP)Current Year EPS Consensus Estimate: $1.67 EPS
Next Year EPS Consensus Estimate: $1.82 EPS
Dividend History for SP Plus Corporation (NASDAQ:SP)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for SP Plus Corporation (NASDAQ:SP)Insider Ownership Percentage: 1.40%
Institutional Ownership Percentage: 94.68%
Insider Trades by Quarter for SP Plus Corporation (NASDAQ:SP)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/8/2017 | Robert S Roath | Director | Sell | 70,000 | $34.77 | $2,433,900.00 | |
| 5/16/2017 | Cpc Rep L.L.C. Kohlberg | Major Shareholder | Sell | 2,625,415 | $29.20 | $76,662,118.00 | |
| 3/14/2017 | Thomas L. Hagerman | Insider | Sell | 1,314 | $33.76 | $44,360.64 | |
| 2/28/2017 | John Ricchiuto | Insider | Sell | 1,900 | $31.76 | $60,344.00 | |
| 12/19/2016 | Versa Capital Fund I, L.P. | Director | Sell | 10,700 | $29.07 | $311,049.00 | |
| 12/12/2016 | Versa Capital Fund I, L.P. | Director | Sell | 75,000 | $28.22 | $2,116,500.00 | |
| 12/7/2016 | Versa Capital Fund I, L.P. | Director | Sell | 50,000 | $28.07 | $1,403,500.00 | |
| 8/29/2016 | William H Bodenhamer | Insider | Sell | 15,726 | $23.08 | $362,956.08 | |
| 8/23/2016 | James A Wilhelm | Director | Sell | 12,000 | $25.50 | $306,000.00 | |
| 8/11/2016 | James A Wilhelm | Director | Sell | 5,000 | $24.61 | $123,050.00 | |
| 7/12/2016 | James A Wilhelm | Director | Sell | 20,000 | $24.50 | $490,000.00 | |
| 6/1/2016 | Versa Capital Fund I, L.P. | Director | Sell | 13,300 | $22.57 | $300,181.00 | |
| 5/27/2016 | Versa Capital Fund I, L.P. | Director | Sell | 1,200 | $22.54 | $27,048.00 | |
| 5/26/2016 | Versa Capital Fund I, L.P. | Major Shareholder | Sell | 35,500 | $22.55 | $800,525.00 | |
| 5/11/2016 | Versa Capital Fund I, L.P. | Director | Sell | 100,000 | $22.24 | $2,224,000.00 | |
| 2/22/2016 | James A Wilhelm | Director | Sell | 10,000 | $24.50 | $245,000.00 | |
| 12/23/2015 | Versa Capital Fund I, L.P. | Director | Sell | 36,538 | $25.01 | $913,815.38 | |
| 12/9/2015 | Versa Capital Fund I, L.P. | Director | Sell | 19,662 | $25.04 | $492,336.48 | |
| 12/3/2015 | Versa Capital Fund I, L.P. | Director | Sell | 17,300 | $25.04 | $433,192.00 | |
| 12/1/2015 | James A. Wilhelm | Director | Sell | 7,000 | $25.04 | $175,280.00 | |
| 11/19/2015 | James A. Wilhelm | Director | Sell | 4,000 | $24.81 | $99,240.00 | |
| 11/18/2015 | Steven A Warshauer | EVP | Sell | 7,400 | $24.07 | $178,118.00 | |
| 11/11/2015 | Thomas L. Hagerman | EVP | Sell | 1,123 | $23.93 | $26,873.39 | |
| 11/2/2015 | James A Wilhelm | Director | Sell | 6,000 | $25.32 | $151,920.00 | |
| 10/28/2015 | James A Wilhelm | Director | Sell | 2,000 | $25.50 | $51,000.00 | |
| 10/16/2015 | James A Wilhelm | Director | Sell | 5,000 | $24.59 | $122,950.00 | |
| 7/20/2015 | James A Wilhelm | Director | Sell | 6,000 | $25.81 | $154,860.00 | |
| 6/26/2015 | Vcm Stan-Cpc Holdings, Llc | Director | Sell | 17,990 | $26.53 | $477,274.70 | |
| 6/10/2015 | Vcm Stan-Cpc Holdings, Llc | Director | Sell | 30,116 | $25.04 | $754,104.64 | |
| 6/8/2015 | Vcm Stan-Cpc Holdings, Llc | Director | Sell | 69,884 | $25.16 | $1,758,281.44 | |
| 3/27/2015 | Edward E Simmons | Insider | Sell | 5,000 | $22.00 | $110,000.00 | |
| 11/12/2014 | Daniel R Meyer | SVP | Sell | 5,000 | $22.04 | $110,200.00 | |
| 11/12/2014 | Thomas L Hagerman | EVP | Sell | 1,149 | $22.04 | $25,323.96 | |
| 3/18/2014 | Michael E Swartz | SVP | Sell | 2,000 | $26.73 | $53,460.00 | |
| 12/27/2013 | John Ricchiuto | EVP | Sell | 1,100 | $26.55 | $29,205.00 | |
| 12/26/2013 | Myron C Warshauer | Director | Buy | 11,250 | $26.68 | $300,150.00 | |
| 9/23/2013 | Michael Wolf | EVP | Sell | 6,000 | $24.90 | $149,400.00 | |
| 6/25/2013 | Robert S Roath | Director | Buy | 20,000 | $21.08 | $421,600.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for SP Plus Corporation (NASDAQ:SP)
Latest Headlines for SP Plus Corporation (NASDAQ:SP)
| Source: |
|
| Date | Headline |
|---|
 | SP Plus Corporation (SP) Expected to Announce Quarterly Sales of $228.10 Million
www.americanbankingnews.com - September 12 at 6:04 AM |
| $0.42 EPS Expected for SP Plus Corporation (SP) This Quarter
www.americanbankingnews.com - September 11 at 12:06 AM |
 | Here’s how one trader is playing a curious relationship between stocks and bonds
finance.yahoo.com - September 9 at 8:43 AM |
| SP Plus Corporation (SP) Upgraded to Buy at ValuEngine
www.americanbankingnews.com - September 2 at 2:29 PM |
 | Commercial Aircraft NextGen Avionics Market 2016-2026
www.bizjournals.com - September 1 at 8:59 AM |
| SP Plus Corporation (SP) Lowered to Buy at BidaskClub
www.americanbankingnews.com - September 1 at 7:12 AM |
| H&R Block (HRB) Beats Q1 Earnings and Revenue Estimates
finance.yahoo.com - August 30 at 9:24 AM |
| BidaskClub Upgrades SP Plus Corporation (SP) to Strong-Buy
www.americanbankingnews.com - August 25 at 4:48 PM |
| Chemical Enhanced Oil Recovery (EOR) Market 2017-2027
www.bizjournals.com - August 25 at 4:23 PM |
| Brokerages Anticipate SP Plus Corporation (SP) to Announce $0.42 EPS
www.americanbankingnews.com - August 23 at 12:20 PM |
| Automotive Tire Market Report 2017-2027
www.bizjournals.com - August 18 at 7:24 AM |
| Zacks: SP Plus Corporation (NASDAQ:SP) Given Consensus Rating of "Strong Buy" by Brokerages
www.americanbankingnews.com - August 11 at 3:02 PM |
| SP Plus Corporation (NASDAQ:SP) Director Sells $2,433,900.00 in Stock
www.americanbankingnews.com - August 10 at 7:26 PM |
| $221.50 Million in Sales Expected for SP Plus Corporation (NASDAQ:SP) This Quarter
www.americanbankingnews.com - August 7 at 8:54 AM |
| Brokerages Anticipate SP Plus Corporation (NASDAQ:SP) Will Announce Earnings of $0.41 Per Share
www.americanbankingnews.com - August 5 at 7:14 AM |
| SP Plus Corp. :SP-US: Earnings Analysis: Q2, 2017 By the Numbers : August 4, 2017
finance.yahoo.com - August 5 at 7:13 AM |
| SP Plus Corporation (NASDAQ:SP) Raised to Buy at Zacks Investment Research
www.americanbankingnews.com - August 4 at 10:08 AM |
| Edited Transcript of SP earnings conference call or presentation 2-Aug-17 3:00pm GMT
finance.yahoo.com - August 3 at 7:24 AM |
| Edited Transcript of SP earnings conference call or presentation 2-Aug-17 3:00pm GMT
finance.yahoo.com - August 3 at 7:24 AM |
| SP Plus Corporation (NASDAQ:SP) Issues Earnings Results, Beats Estimates By $0.11 EPS
www.americanbankingnews.com - August 2 at 12:40 PM |
| SP Plus Corporation (NASDAQ:SP) Downgraded to Hold at ValuEngine
www.americanbankingnews.com - August 1 at 11:38 PM |
 | SP Plus Corporation Announces Second Quarter and Year-to-Date 2017 Results
globenewswire.com - August 1 at 9:10 PM |
| SP Plus Corporation Announces Second Quarter and Year-to-Date 2017 Results
finance.yahoo.com - August 1 at 9:10 PM |
| SP Plus posts 2Q profit
finance.yahoo.com - August 1 at 9:10 PM |
| SP Plus Corporation (SP) Scheduled to Post Earnings on Tuesday
www.americanbankingnews.com - July 27 at 3:48 PM |
 | Notable Monday Option Activity: SP, SBUX, DECK
www.nasdaq.com - July 25 at 6:52 AM |
 | SP Plus Corporation to Release Second Quarter and Year-to-Date 2017 Results on August 1, 2017
feeds.benzinga.com - July 18 at 5:57 PM |
| $223.35 Million in Sales Expected for SP Plus Corporation (NASDAQ:SP) This Quarter
www.americanbankingnews.com - July 16 at 11:27 AM |
| $0.42 Earnings Per Share Expected for SP Plus Corporation (SP) This Quarter
www.americanbankingnews.com - July 14 at 11:33 AM |
| SP Plus Corporation (NASDAQ:SP) Downgraded to Hold at BidaskClub
www.americanbankingnews.com - July 13 at 11:28 PM |
| SP Plus Corporation (NASDAQ:SP) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - July 12 at 3:40 PM |
| SP Plus Corp. breached its 50 day moving average in a Bullish Manner : SP-US : July 10, 2017
finance.yahoo.com - July 11 at 7:55 AM |
| SP+ Selected to Manage Parking & Shuttle Services at Jackson-Medgar Wiley Evers International Airport
finance.yahoo.com - July 6 at 9:55 AM |
| SP Plus Corporation (NASDAQ:SP) Upgraded at Zacks Investment Research
www.americanbankingnews.com - July 5 at 11:30 AM |
| SP Plus Corp. – Value Analysis (NASDAQ:SP) : June 30, 2017
finance.yahoo.com - July 1 at 7:44 AM |
| SP Plus Corp. breached its 50 day moving average in a Bullish Manner : SP-US : June 29, 2017
finance.yahoo.com - June 30 at 6:50 AM |
 | SP Plus (SP) Announces 1.35M Share Secondary Offering
www.streetinsider.com - June 22 at 1:42 PM |
 | BRIEF-SP PLUS CORP ANNOUNCES SECONDARY OFFERING OF 1.4 mln SHARES BY SELLING STOCKHOLDERS
www.reuters.com - June 22 at 1:42 PM |
| SP Plus Corporation Announces Secondary Offering of 1,354,418 Shares of Common Stock by Selling Stockholders
finance.yahoo.com - June 22 at 1:42 PM |
| Analysts Expect SP Plus Corporation (SP) Will Post Quarterly Sales of $223.35 Million
www.americanbankingnews.com - June 21 at 8:48 AM |
| SP Plus Corporation (SP) Expected to Announce Earnings of $0.42 Per Share
www.americanbankingnews.com - June 20 at 12:14 AM |
 | SP Plus (SP) Presents At Stifel Industrials Conference 2017 - Slideshow
seekingalpha.com - June 17 at 6:19 AM |
| Atlanta Mayor Reed unveils app for on-street parking
www.bizjournals.com - June 15 at 12:47 AM |
| SP+ among First to Become an Accredited Parking Organization with Distinction
finance.yahoo.com - June 9 at 8:13 PM |
| SP Plus Corp (SP) Upgraded by ValuEngine to "Buy"
www.americanbankingnews.com - June 9 at 3:22 PM |
| SP Plus Corporation Announces Participation in the Baird 2017 Global Consumer, Technology & Services Conference on June 6th and the Stifel 2017 Industrials Conference on June 15th
feeds.benzinga.com - June 1 at 6:55 PM |
| SP Plus Corp (SP) Expected to Post Quarterly Sales of $223.35 Million
www.americanbankingnews.com - May 26 at 1:50 PM |
| Staffing contract switch could impact 60 jobs at RDU
www.bizjournals.com - May 21 at 8:34 AM |
| 10 Industries That Could Be Impacted by Driverless Cars
www.benzinga.com - May 18 at 1:02 PM |
| Cpc Rep L.L.C. Kohlberg Sells 2,625,415 Shares of SP Plus Corp (SP) Stock
www.americanbankingnews.com - May 17 at 10:29 PM |
SP Plus Corporation (SP) Chart for Thursday, September, 21, 2017
