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

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

SP Plus Corp (NASDAQ:SP) posted its quarterly earnings data on Wednesday, February, 19th. The business services provider reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.60 by $0.05. The business services provider had revenue of $231.90 million for the quarter, compared to the consensus estimate of $234.50 million. SP Plus had a return on equity of 16.01% and a net margin of 2.93%. View SP Plus' Earnings History.

SP Plus is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for SP Plus.

SP Plus issued an update on its FY 2020 After-Hours earnings guidance on Wednesday, February, 19th. The company provided earnings per share (EPS) guidance of 2.95-3.05 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.04.

2 brokerages have issued 1 year price objectives for SP Plus' shares. Their forecasts range from $51.00 to $52.00. On average, they expect SP Plus' stock price to reach $51.50 in the next twelve months. This suggests a possible upside of 41.3% from the stock's current price. View Analyst Price Targets 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.

News articles about SP stock have trended very positive on Wednesday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news 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 coverage optimism score of 4.0 on InfoTrie's scale. They also gave news articles about the business services provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for SP Plus.

SP Plus saw a decrease in short interest in January. As of January 31st, there was short interest totalling 335,600 shares, a decrease of 14.7% from the January 15th total of 393,500 shares. Based on an average trading volume of 107,500 shares, the days-to-cover ratio is currently 3.1 days. Currently, 1.5% of the shares of the company are short sold. 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), ABM Industries (ABM), Casella Waste Systems (CWST), Covanta (CVA), US Ecology (ECOL), Heritage-Crystal Clean (HCCI), Team (TISI), CECO Environmental (CECE), Acorn Energy (ACFN) and Metalico (MEA).

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

SP Plus' stock is owned by many different of institutional and retail investors. Top institutional shareholders include P2 Capital Partners LLC (5.36%), Bernzott Capital Advisors (3.87%), ArrowMark Colorado Holdings LLC (3.27%), FIL Ltd (3.21%), Renaissance Technologies LLC (2.69%) and Investment Counselors of Maryland LLC (2.66%). 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 ArrowMark Colorado Holdings LLC, WCM Investment Management LLC, Thrivent Financial for Lutherans, Victory Capital Management Inc., Victory Capital Management Inc., Rothschild & Co. Asset Management US Inc., Marshall Wace LLP and Wedge Capital Management L L P NC. Company insiders that have sold SP Plus company stock in the last year include G Marc Baumann, Gerard M Klaisle, John Ricchiuto and Robert Toy. View Insider Buying and Selling for SP Plus.

SP stock was acquired by a variety of institutional investors in the last quarter, including P2 Capital Partners LLC, Renaissance Technologies LLC, Goldman Sachs Group Inc., EAM Global Investors LLC, Bridge City Capital LLC, EAM Investors LLC, Bernzott Capital Advisors and Prudential Financial Inc.. View Insider Buying and Selling 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 $36.46.

SP Plus has a market capitalization of $838.47 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 23,500 workers across the globe.View Additional Information About SP Plus.

The official website for SP Plus is http://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]