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 (WHO). Since then, SP shares have decreased by 48.6% and is now trading at $17.45. 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 earnings per share for the quarter, topping analysts' consensus estimates 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 positive return on equity of 16.83% and a negative net margin of 0.47%. View SP Plus' earnings history.

2 brokers have issued 12-month target prices for SP Plus' stock. 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 117.8% from the stock's current price. View analysts' price targets for SP Plus.

Media stories about SP stock have trended very negative recently, InfoTrie reports. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. SP Plus earned a news sentiment score of -3.2 on InfoTrie's scale. They also gave press coverage about the business services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about SP Plus.

SP Plus saw a increase in short interest during the month of 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 trading volume of 184,200 shares, the days-to-cover ratio is currently 3.7 days. Approximately 3.0% 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 retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (1.40%), Dalton Greiner Hartman Maher & Co. (0.47%) and Envestnet Asset Management Inc. (0.11%). 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 acquired by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Envestnet Asset Management Inc., and Dalton Greiner Hartman Maher & Co.. 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 $17.45.

SP Plus has a market capitalization of $401.35 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]