NASDAQ:SP - SP Plus Stock Price, News, & Analysis

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$34.82 +0.34 (+0.99 %)

(As of 04/24/2019 06:00 AM ET)

Previous Close$34.48

Today's Range$34.35 - $34.99

52-Week Range$27.13 - $41.35

Volume32,627 shs

Average Volume90,910 shs

Market Capitalization$795.78 million

P/E Ratio14.88

Dividend YieldN/A

Beta1.05

SP Plus Corporation provides parking management, ground transportation, baggage, and other ancillary services to commercial, hospitality, institutional, municipal and governmental, and aviation clients in the United States, Canada, and Puerto Rico. It provides on-site parking management, valet parking, ground transportation, facility maintenance, event logistics, baggage handling, remote airline check-in, security, municipal meter revenue collection and enforcement, and consulting services. The company also offers shuttle bus services; ground transportation services, such as taxi and livery dispatch, concierge-type ground transportation information, and support services for arriving passengers; remote airline check-in services; wheelchair assist services; baggage repair and replacement services; on-street parking meter collection and other forms of parking enforcement services; valet services; and remote parking management services. In addition, it provides facility maintenance services, including power sweeping and washing, painting and general repairs, and cleaning and seasonal services; security services; and multi-platform marketing services. SP Plus Corporation serves private and public owners, municipalities and governments, managers and developers of office buildings, residential properties, commercial properties, shopping centers and other retail properties, healthcare facilities and medical centers, sports and special event complexes, hotels and resorts, and airlines and cruise lines. 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 based in Chicago, Illinois.

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Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Automotive rental & leasing, without drivers

Sub-IndustryEnvironmental & Facilities Services

SectorConsumer Discretionary

Current SymbolNASDAQ:SP

Previous Symbol

CUSIP85379010

CIK1059262

Webwww.spplus.com

Phone312-274-2000

Debt

Debt-to-Equity Ratio0.98

Current Ratio0.90

Quick Ratio0.90

Price-To-Earnings

Trailing P/E Ratio14.88

Forward P/E Ratio13.34

P/E Growth1.32

Sales & Book Value

Annual Sales$1.47 billion

Price / Sales0.54

Cash Flow$3.1945 per share

Price / Cash Flow10.90

Book Value$16.21 per share

Price / Book2.15

Profitability

EPS (Most Recent Fiscal Year)$2.34

Net Income$53.20 million

Net Margins3.62%

Return on Equity15.11%

Return on Assets6.31%

Miscellaneous

Employees23,500

Outstanding Shares22,854,000

Market Cap$795.78 million

Next Earnings Date5/1/2019 (Confirmed)

OptionableOptionable

SP Plus (NASDAQ:SP) Frequently Asked Questions

What is SP Plus' stock symbol?

SP Plus trades on the NASDAQ under the ticker symbol "SP."

How were SP Plus' earnings last quarter?

SP Plus Corp (NASDAQ:SP) issued its earnings results on Wednesday, February, 20th. The business services provider reported $0.57 earnings per share for the quarter, topping analysts' consensus estimates of $0.48 by $0.09. The business services provider earned $377.30 million during the quarter, compared to analyst estimates of $192.13 million. SP Plus had a net margin of 3.62% and a return on equity of 15.11%. View SP Plus' Earnings History.

When is SP Plus' next earnings date?

SP Plus is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for SP Plus.

What price target have analysts set for SP?

2 brokers have issued 12-month target prices for SP Plus' shares. Their forecasts range from $43.00 to $48.00. On average, they anticipate SP Plus' stock price to reach $45.50 in the next twelve months. This suggests a possible upside of 30.7% from the stock's current price. View Analyst Price Targets for SP Plus.

What is the consensus analysts' recommendation for SP Plus?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SP Plus in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SP Plus.

What are Wall Street analysts saying about SP Plus stock?

Here are some recent quotes from research analysts about SP Plus stock:

1. Barrington Research analysts commented, "We believe growth driven by cross-selling will begin to materialize more significantly beyond 2019." (2/22/2019)
2. According to Zacks Investment Research, "SP Plus Corporation provides professional parking, ground transportation, facility maintenance, security and event logistics services to property owners and managers in all markets of the real estate industry. The Company also provides a range of ancillary services, such as airport shuttle operations, taxi and livery dispatch services and municipal meter revenue collection and enforcement services. Its clients include owners of office building complexes, shopping centers, sports complexes, hotels, hospitals, and various airports. SP Plus Corporation, formerly known as Standard Parking Corporation, is based in United States. " (2/6/2019)

Has SP Plus been receiving favorable news coverage?

News coverage about SP stock has been trending somewhat positive recently, according to InfoTrie. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SP Plus earned a news sentiment score of 1.6 on InfoTrie's scale. They also assigned news articles about the business services provider a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.

Who are some of SP Plus' key competitors?

Some companies that are related to SP Plus include AMERCO (UHAL), Ryder System (R), Avis Budget Group (CAR), Hertz Global (HTZ), Ehi Car Services (EHIC) and HyreCar (HYRE).

What other stocks do shareholders of SP Plus own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SP Plus investors own include Nektar Therapeutics (NKTR), FTS International (FTSI), Corus Entertainment (CJREF), Applied Materials (AMAT), KLA-Tencor (KLAC), Argan (AGX), Advanced Energy Industries (AEIS), Western Digital (WDC), Thor Industries (THO) and Casa Systems (CASA).

Who are SP Plus' key executives?

SP Plus' management team includes the folowing people:

Mr. G. Marc Baumann, Pres, CEO & Director (Age 63)
Mr. Vance Cushman Johnston, Exec. VP, CFO & Treasurer (Age 49)
Mr. John Ricchiuto, Exec. VP of Operations of Airport Division (Age 62)
Mr. Thomas L. Hagerman, Exec. VP of Southeast Operations (Age 58)
Mr. Robert M. Toy, Pres of Commercial Operations (Age 62)

Who are SP Plus' major shareholders?

SP Plus' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dudley & Shanley Inc. (2.32%), Dalton Greiner Hartman Maher & Co. (0.76%), Strs Ohio (0.10%), We Are One Seven LLC (0.07%) and Investors Research Corp (0.00%). Company insiders that own SP Plus stock include Cpc Rep LLC Kohlberg, G Marc Baumann, Gerard M Klaisle, John Ricchiuto, Robert S Roath, Robert Toy, Thomas L Hagerman and Walter S Woltosz. View Institutional Ownership Trends for SP Plus.

Which major investors are selling SP Plus stock?

SP stock was sold by a variety of institutional investors in the last quarter, including Dudley & Shanley Inc. and Strs Ohio. Company insiders that have sold SP Plus company stock in the last year include G Marc Baumann, John Ricchiuto, Robert Toy and Thomas L Hagerman. View Insider Buying and Selling for SP Plus.

Which major investors are buying SP Plus stock?

SP stock was acquired by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., We Are One Seven LLC and Investors Research Corp. View Insider Buying and Selling for SP Plus.

How do I buy shares of SP Plus?

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

What is SP Plus' stock price today?

One share of SP stock can currently be purchased for approximately $34.82.

How big of a company is SP Plus?

SP Plus has a market capitalization of $795.78 million and generates $1.47 billion in revenue each year. The business services provider earns $53.20 million in net income (profit) each year or $2.34 on an earnings per share basis. SP Plus employs 23,500 workers across the globe.

What is SP Plus' official website?

The official website for SP Plus is http://www.spplus.com.

How can I contact SP Plus?

SP Plus' mailing address is 200 EAST RANDOLPH STREET SUITE 7700, CHICAGO IL, 60601. The business services provider can be reached via phone at 312-274-2000 or via email at [email protected]

MarketBeat Community Rating for SP Plus (NASDAQ SP)

Community Ranking:		2.4 out of 5 ( )
Outperform Votes:		166 (Vote Outperform)
Underperform Votes:		174 (Vote Underperform)
Total Votes:		340

MarketBeat's community ratings are surveys of what our community members think about SP Plus and other stocks. Vote "Outperform" if you believe SP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SP will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 4/24/2019 by MarketBeat.com Staff

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