NASDAQ:SPSP Plus Stock Price, Forecast & News

SP Plus' stock was trading at $33.92 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SP stock has decreased by 39.9% and is now trading at $20.37. 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 quarterly earnings results on Thursday, May, 7th. The business services provider reported $0.64 EPS for the quarter, topping the consensus estimate of $0.57 by $0.07. The business services provider had revenue of $218.80 million for 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 analysts have issued 1 year target prices for SP Plus' stock. Their forecasts range from $36.00 to $40.00. On average, they expect SP Plus' share price to reach $38.00 in the next year. This suggests a possible upside of 86.5% from the stock's current price. View analysts' price targets for SP Plus.

News headlines about SP stock have been trending somewhat negative recently, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. 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 news sentiment score of -1.4 on InfoTrie's scale. They also assigned news coverage about the business services provider a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the stock's share price in the near term. View the latest news aboutSP Plus.

SP Plus saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 508,800 shares, a decrease of 6.3% from the April 30th total of 543,000 shares. Based on an average daily trading volume, of 185,800 shares, the days-to-cover ratio is currently 2.7 days. Approximately 2.3% of the company's stock 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."

SP Plus' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.45%), P2 Capital Partners LLC (6.94%), Wellington Management Group LLP (5.66%), Nuveen Asset Management LLC (4.67%), Aristotle Capital Boston LLC (4.10%) and ArrowMark Colorado Holdings LLC (3.57%). Company insiders that own SP Plus stock include G Marc Baumann, Gerard M Klaisle, John Ricchiuto, Robert Toy and Thomas L Hagerman. View institutional ownership trends for SP Plus.

SP stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, BlackRock Inc., Dalton Greiner Hartman Maher & Co., Thrivent Financial for Lutherans, Nuveen Asset Management LLC, AQR Capital Management LLC, Rothschild & Co. Asset Management US Inc., and Dudley & Shanley Inc.. Company insiders that have sold SP Plus company stock in the last year include G Marc Baumann, Gerard M Klaisle, and John Ricchiuto. View insider buying and selling activity for SP Plus.

SP stock was bought by a variety of institutional investors in the last quarter, including P2 Capital Partners LLC, WCM Investment Management LLC, ArrowMark Colorado Holdings LLC, Telemark Asset Management LLC, Assenagon Asset Management S.A., Deutsche Bank AG, BNP Paribas Arbitrage SA, and Wellington Management Group LLP. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of SP stock can currently be purchased for approximately $20.37.

SP Plus has a market capitalization of $468.51 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]