NASDAQ:SPSP Plus Stock Price, Forecast & News

SP Plus' stock was trading at $33.92 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SP shares have decreased by 42.2% and is now trading at $19.62. View which stocks have been most impacted by Coronavirus.

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.

SP Plus is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for SP Plus.

SP Plus Corp (NASDAQ:SP) released its earnings results on Thursday, May, 7th. The business services provider reported $0.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.57 by $0.07. The business services provider earned $218.80 million during the quarter, compared to the consensus estimate of $225 million. SP Plus had a negative net margin of 0.47% and a positive return on equity of 16.83%. View SP Plus' earnings history.

2 Wall Street analysts have issued 12-month price objectives for SP Plus' shares. Their forecasts range from $36.00 to $40.00. On average, they anticipate SP Plus' share price to reach $38.00 in the next year. This suggests a possible upside of 93.7% from the stock's current price. View analysts' price targets for SP Plus.

Media headlines about SP stock have been trending negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. SP Plus earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned press coverage about the business services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about SP Plus.

SP Plus saw a increase in short interest in June. As of June 30th, there was short interest totaling 673,200 shares, an increase of 7.2% from the June 15th total of 627,700 shares. Based on an average daily trading volume, of 184,200 shares, the days-to-cover ratio is presently 3.7 days. Approximately 3.0% of the company's shares are sold short. View SP Plus' Current Options Chain.

Some companies that are related to SP Plus include Waste Management (WM), Republic Services (RSG), Rollins (ROL), Stericycle (SRCL), Tetra Tech (TTEK), Clean Harbors (CLH), Casella Waste Systems (CWST), ABM Industries (ABM), Covanta (CVA), US Ecology (ECOL), Heritage-Crystal Clean (HCCI), CECO Environmental (CECE), Team (TISI), Acorn Energy (ACFN) and Metalico (MEA). View all competitors.

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

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

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, Robinhood, Fidelity, and Charles Schwab.

One share of SP stock can currently be purchased for approximately $19.62.

SP Plus has a market capitalization of $451.26 million and generates $1.66 billion in revenue each year. The business services provider earns $48.80 million in net income (profit) each year or $2.73 on an earnings per share basis. SP Plus employs 23,900 workers across the globe.

The official website for SP Plus is www.spplus.com.

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]