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.
Industry, Sector and Symbol
Industry Automotive rental & leasing, without drivers
Sub-IndustryEnvironmental & Facilities Services
SectorConsumer Discretionary
Phone312-274-2000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.47 billion
Profitability
Miscellaneous
Employees23,500
Next Earnings Date5/1/2019 (Estimated)
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) posted its quarterly earnings results on Wednesday, February, 20th. The business services provider reported $0.57 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.48 by $0.09. The business services provider earned $377.30 million during the quarter, compared to the consensus estimate 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?
What price target have analysts set for SP?
2 brokers have issued 12 month price objectives for SP Plus' stock. Their forecasts range from $43.00 to $48.00. On average, they expect SP Plus' share price to reach $45.50 in the next year. This suggests a possible upside of 39.7% 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 trended negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. SP Plus earned a daily sentiment score of -2.7 on InfoTrie's scale. They also gave media stories about the business services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.
Who are some of SP Plus' key competitors?
What other stocks do shareholders of SP Plus own?
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 many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.45%), Dimensional Fund Advisors LP (5.24%), Dimensional Fund Advisors LP (5.24%), Nuveen Asset Management LLC (3.87%), Bernzott Capital Advisors (3.73%) and Dudley & Shanley Inc. (2.37%). Company insiders that own SP Plus stock include Cpc Rep LLC Kohlberg, G Marc Baumann, Gerard M Klaisle, John Ricchiuto, Robert S Roath, 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 O Shaughnessy Asset Management LLC, Dudley & Shanley Inc., Northern Trust Corp, Gotham Asset Management LLC, New York State Common Retirement Fund, Bank of New York Mellon Corp, AlphaOne Investment Services LLC and Principal Financial Group Inc.. Company insiders that have sold SP Plus company stock in the last year include G Marc Baumann, John Ricchiuto 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 BlackRock Inc., Millennium Management LLC, Rothschild & Co. Asset Management US Inc., NorthCoast Asset Management LLC, WCM Investment Management LLC, River Road Asset Management LLC, D. E. Shaw & Co. Inc. and Martingale Asset Management L P. 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 $32.56.
How big of a company is SP Plus?
SP Plus has a market capitalization of $741.72 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?
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)
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.
