Stock Ideas
New
Stocks
Funds
Screener
Sectors
Watchlists
SP

SP - SP Plus Corp Stock Price, Fair Value and News

51.50USD0.00 (0.00%)Delayed as of 08 May 2024, 01:49 pm ET

Market Summary

SP
USD51.500.00
Delayedas of 08 May 2024, 01:49 pm
0.00%

SP Stock Price

View Fullscreen

SP RSI Chart

SP Valuation

Market Cap

1.0B

Price/Earnings (Trailing)

30.08

Price/Sales (Trailing)

0.56

EV/EBITDA

11.69

Price/Free Cashflow

24.05

SP Price/Sales (Trailing)

SP Profitability

Operating Margin

49.37%

EBT Margin

2.64%

Return on Equity

13.01%

Return on Assets

2.97%

Free Cashflow Yield

4.16%

SP Fundamentals

SP Revenue

Revenue (TTM)

1.8B

Rev. Growth (Yr)

6.25%

Rev. Growth (Qtr)

-0.48%

SP Earnings

Earnings (TTM)

33.9M

Earnings Growth (Yr)

-8.6%

Earnings Growth (Qtr)

325%

Breaking Down SP Revenue

52 Week Range

34.1752.40
(Low)(High)

Last 7 days

0.9%

Last 30 days

-1.0%

Trailing 12 Months

49.8%

How does SP drawdown profile look like?

SP Financial Health

Current Ratio

0.65

Debt/Equity

1.27

Debt/Cashflow

0.19

SP Investor Care

Shares Dilution (1Y)

0.86%

Diluted EPS (TTM)

1.53

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.8B000
20231.6B1.7B1.7B1.8B
20221.3B1.4B1.5B1.6B
2021923.9M996.2M1.1B1.2B
20201.7B1.5B1.3B1.1B
20191.5B1.6B1.6B1.7B
20181.6B1.5B1.5B1.5B
20171.6B1.6B1.6B1.6B
20161.6B1.6B1.6B1.6B
20151.5B1.6B1.6B1.6B
20141.5B1.5B1.5B1.5B
20131.1B1.3B1.5B1.5B
2012736.8M748.1M754.1M953.9M
2011724.2M726.8M733.0M729.7M
20100704.0M712.6M721.1M
2009000695.5M
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of SP Plus Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jan 31, 2024
vig ritu
acquired
-
-
9,260
president, aviation division
Jan 31, 2024
roy kristopher h
acquired
-
-
11,575
cfo
Jan 31, 2024
sherman christopher r
acquired
-
-
10,186
president, commercial division
Jan 31, 2024
roberts gary t
acquired
-
-
3,241
svp, corp. cont., asst. treas.
Jan 31, 2024
baumann g marc
acquired
-
-
44,445
chairman & ceo
Dec 07, 2023
vig ritu
sold (taxes)
-304,490
51.33
-5,932
president, aviation division
Dec 07, 2023
sherman christopher r
sold (taxes)
-94,498
51.33
-1,841
president, commercial division
Dec 07, 2023
roy kristopher h
sold (taxes)
-405,918
51.33
-7,908
cfo
Dec 07, 2023
baumann g marc
sold (taxes)
-1,786,180
51.33
-34,798
chairman & ceo
Oct 25, 2023
sherman christopher r
acquired
-
-
1,784
president, commercial division

1–10 of 50

Which funds bought or sold SP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
CONSOLIDATED CAPITAL MANAGEMENT, LLC
unchanged
-
14,717
792,282
0.38%
May 06, 2024
NEW YORK LIFE INVESTMENT MANAGEMENT LLC
reduced
-32.47
-924,040
2,038,820
0.02%
May 06, 2024
Quantbot Technologies LP
reduced
-80.31
-251,490
63,134
-%
May 06, 2024
Parallel Advisors, LLC
unchanged
-
535
28,825
-%
May 03, 2024
HUNTINGTON NATIONAL BANK
added
5.37
562
8,199
-%
May 03, 2024
VICTORY CAPITAL MANAGEMENT INC
sold off
-100
-571,437
-
-%
May 03, 2024
SIGNATUREFD, LLC
reduced
-10.86
-823
8,146
-%
May 03, 2024
Smartleaf Asset Management LLC
sold off
-100
-615
-
-%
May 02, 2024
TOKIO MARINE ASSET MANAGEMENT CO LTD
added
3.13
782,162
16,172,700
0.82%
May 02, 2024
NISA INVESTMENT ADVISORS, LLC
added
123
1,378
2,454
-%

1–10 of 45

Are Funds Buying or Selling SP?

Are funds buying SP calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SP
No. of Funds

Unveiling SP Plus Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 06, 2024
river road asset management, llc
2.9%
570,356
SC 13G/A
Feb 13, 2024
vanguard group inc
5.48%
1,076,247
SC 13G/A
Feb 12, 2024
alpine associates management inc.
5.08%
999,100
SC 13G
Jan 30, 2024
river road asset management, llc
7.3%
1,428,239
SC 13G/A
Jan 26, 2024
blackrock inc.
7.6%
1,498,011
SC 13G/A
Nov 24, 2023
magnetar financial llc
5.10%
1,002,228
SC 13D
Nov 09, 2023
wellington management group llp
2.45%
481,219
SC 13G/A
Feb 13, 2023
segall bryant & hamill, llc
7.0%
1,409,188
SC 13G
Feb 09, 2023
vanguard group inc
5.68%
1,145,494
SC 13G
Feb 08, 2023
river road asset management, llc
8.5%
1,713,091
SC 13G/A

Recent SEC filings of SP Plus Corp

View All Filings
Date Filed Form Type Document
May 02, 2024
10-Q
Quarterly Report
May 01, 2024
8-K
Current Report
Mar 06, 2024
SC 13G/A
Major Ownership Report
Feb 28, 2024
10-K
Annual Report
Feb 27, 2024
8-K
Current Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 12, 2024
8-K
Current Report
Feb 12, 2024
SC 13G
Major Ownership Report
Feb 08, 2024
8-K
Current Report
Feb 08, 2024
DEFA14A
DEFA14A

Peers (Alternatives to SP Plus Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
100.3B
18.9B
0.11% 14.39%
27.12
5.3
7.08% 13.46%
70.3B
9.4B
2.80% 50.48%
46.74
7.47
9.34% 15.98%
53.8B
4.1B
-1.08% 40.87%
39.65
13.25
10.52% 25.37%
29.3B
5.4B
-7.58% 18.00%
52.46
5.47
5.76% -4.95%
19.6B
10.3B
3.10% 65.53%
47.98
1.9
13.90% -5.05%
10.9B
3.6B
-6.04% 15.52%
20.1
3
4.33% 10.69%
MID-CAP
7.3B
6.2B
-7.07% 4.18%
20.81
1.19
-13.83% -42.32%
5.3B
2.7B
-5.44% 27.24%
9.12
1.96
15.08% 16.51%
4.4B
2.6B
-8.57% 7.98%
-225.16
1.66
-3.11% -123.81%
2.8B
8.2B
0.27% 4.61%
10.88
0.34
3.98% 33.49%
SMALL-CAP
1.9B
2.7B
-2.99% 111.86%
18.84
0.71
104.63% 188.16%
387.8M
1.9B
-8.23% -12.51%
43.57
0.21
19.40% -4.30%
114.2M
281.2M
0.74% -1.09%
13.87
0.41
-1.68% -25.77%
54.9M
1.1M
-27.94% -56.25%
-2.29
49.78
336.95% -55.13%
8.3M
80.5M
-3.03% -16.10%
-4.62
0.1
-0.82% -207.00%

SP Plus Corp News

Latest updates
Defense World • 9 hours ago
MarketBeat • 06 May 2024 • 08:44 am
Yahoo Lifestyle UK • 05 May 2024 • 12:00 pm
InvestorPlace • 02 May 2024 • 03:04 am
Nasdaq • 19 Apr 2024 • 07:00 am

SP Plus Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-0.5%452454461442425418404381350343312276247245229203410422419414409
Cost Of Revenue-----------266229208213187217440367360352356
Gross Profit-----------46.0047.0038.0032.0042.00-13.40-30.2054.0059.0062.0053.00
  S&GA Expenses-100.0%-40.0038.0032.0031.0031.0027.0027.0025.0024.0021.0022.0021.0024.0018.0023.0021.0028.0026.0028.0027.00
EBITDA Margin-1.3%0.06*0.06*0.07*0.07*0.07*0.07*0.08*0.08*0.08*0.08*0.07*-0.06*---------
Interest Expenses-2.6%7.008.007.007.007.006.004.004.005.005.005.005.006.006.006.005.004.004.005.005.005.00
Income Taxes29.2%3.002.004.005.003.003.005.006.004.004.002.004.001.00-3.80-33.50-13.40-16.805.006.006.003.00
Earnings Before Taxes163.6%12.004.0014.0018.0013.008.0020.0022.0016.0013.0014.0013.005.00-3.00-121-53.20-62.4014.0021.0022.0014.00
EBT Margin-3.5%0.03*0.03*0.03*0.03*0.04*0.04*0.05*0.05*0.04*0.04*0.03*-0.11*---------
Net Income325.0%9.002.0010.0013.009.005.0015.0016.0011.009.0012.0010.004.001.00-88.30-39.80-45.609.0015.0016.0011.00
Net Income Margin-3.7%0.02*0.02*0.02*0.03*0.03*0.03*0.04*0.04*0.03*0.03*0.02*-0.07*---------
Free Cashflow528.6%9.00-2.1027.009.001.0012.0033.003.0024.0021.005.0022.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.8%1,1421,1521,1681,1461,1261,1211,0801,0931,0891,1161,0981,1111,1171,1381,1301,2551,3951,4801,4761,4921,515
  Current Assets-0.8%210212236217206197186190173188176162152152134135195211195199194
    Cash Equivalents-6.8%18.0019.0039.0025.0030.0012.0018.0015.0023.0016.0018.0016.0018.0014.0016.0018.0022.0024.0030.0022.0024.00
  Net PPE5.9%72.0068.0066.0065.0063.0060.0055.0054.0052.0049.0049.0050.0052.0053.0054.0049.0051.0048.0043.0042.0040.00
  Goodwill0.0%544545544544543543526527527527527527527527526586586586586586586
Liabilities-2.2%8829019169059008968388468548948879149319569529901,0891,106---
  Current Liabilities-3.4%326337343325319344319313319333310318304318295310366370344344339
  Long Term Debt-1.1%332336345352365332293297286298321322345337348350363351356358371
    LT Debt, Current12.1%19.0017.0015.0014.0012.0012.0012.0012.0025.0026.0026.00--25.00-------
    LT Debt, Non Current-----------321--337348350363351---
Shareholder's Equity3.9%261251252241225226242248235222211198186181177266307374378382377
  Retained Earnings7.3%11210510494.0082.0074.0069.0055.0039.0028.0020.008.00-1.00-3.30-3.8084.00123170161147131
  Additional Paid-In Capital0.8%280278281279275274274272269268266264262261259259260263261260258
Shares Outstanding0%20.0020.0020.0020.0020.0020.0021.0021.0021.0021.0021.0021.00---------
Minority Interest200.0%0.00-0.10-0.000.00-0.30-0.10-0.10-0.30-0.40-0.30-0.50-0.50-1.70-1.70-1.30-0.20-0.20-0.00-0.30
Float----762---647---710---477---730-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations534.8%14,6002,30032,50013,3007,70017,70039,9009,30026,40023,3006,80024,300-1,00012,3001,90017,8008,20021,20033,50028,200-6,900
  Share Based Compensation0%2,3002,3002,7003,2002,2002,4002,2002,6001,8001,6001,5002,1009002,700-200900-2,9001,8001,3001,400400
Cashflow From Investing-33.3%-5,600-4,200-8,900-4,700-8,800-35,900-7,400-8,500-2,200-1,700-2,200-2,600-2,600-2,500-400-4,300-4,300-4,300-2,800-2,200-3,200
Cashflow From Financing42.7%-10,200-17,800-9,200-14,00018,70011,700-28,100-9,400-16,600-23,700-2,400-24,0007,700-11,900-4,000-17,200-5,900-22,500-23,400-27,200-6,300
  Buy Backs-----11,10021,80022,0004,900--------15,30015,60018,40011,3002,300
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

SP Income Statement

2024-03-31
Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Services revenue$ 451.9$ 425.3
Cost of services (exclusive of depreciation and amortization)389.2367.0
General and administrative expenses34.830.6
Depreciation and amortization9.08.4
Operating income18.919.3
Other expense (income)  
Interest expense7.46.8
Interest income(0.1)(0.1)
Total other expenses7.36.7
Earnings before income taxes11.612.6
Income tax expense3.13.3
Net income8.59.3
Less: Net income attributable to noncontrolling interests0.90.9
Net income attributable to SP Plus Corporation$ 7.6$ 8.4
Net income per common share  
Basic$ 0.38$ 0.43
Diluted$ 0.38$ 0.42
Weighted average shares outstanding  
Basic (in shares)19,803,57819,701,426
Diluted (in shares)19,992,96919,867,300
Lease and Management Type Contracts  
Services revenue$ 222.1$ 216.3
Cost of services (exclusive of depreciation and amortization)159.4158.0
Management Type Contracts  
Services revenue159.5148.1
Cost of services (exclusive of depreciation and amortization)107.0102.8
Lease Type Contracts  
Services revenue62.668.2
Cost of services (exclusive of depreciation and amortization)52.455.2
Reimbursed Management Type Contract Revenue  
Services revenue229.8209.0
Cost of services (exclusive of depreciation and amortization)$ 229.8$ 209.0

SP Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Assets  
Cash and cash equivalents$ 17.8$ 19.1
Accounts receivable, net179.6180.5
Prepaid expenses and other current assets13.012.6
Total current assets210.4212.2
Property and equipment, net72.368.3
Right-of-use assets172.7179.4
Goodwill544.4544.6
Other intangible assets, net56.759.7
Deferred income taxes41.942.8
Other noncurrent assets44.044.9
Total noncurrent assets932.0939.7
Total assets1,142.41,151.9
Liabilities  
Accounts payable145.2136.6
Accrued and other current liabilities107.9128.1
Short-term lease liabilities54.356.2
Current portion of long-term borrowings18.516.5
Total current liabilities325.9337.4
Long-term borrowings, excluding current portion331.9335.6
Long-term lease liabilities150.3158.0
Other noncurrent liabilities73.770.2
Total noncurrent liabilities555.9563.8
Total liabilities881.8901.2
Stockholders’ equity  
Preferred stock, par value $0.01 per share; 5,000,000 shares authorized as of March 31, 2024 and December 31, 2023, respectively; no shares issued or outstanding0.00.0
Common stock, par value $0.001 per share; 50,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 23,593,626 and 19,798,884 shares issued and outstanding as of March 31, 2024 and December 31, 20230.00.0
Treasury stock, at cost; 3,794,742 shares as of March 31, 2024 and December 31, 2023(130.4)(130.5)
Additional paid-in capital280.1277.9
Accumulated other comprehensive loss(1.5)(1.3)
Retained earnings112.3104.7
Total SP Plus Corporation stockholders’ equity260.5250.8
Noncontrolling interests0.1(0.1)
Total stockholders’ equity260.6250.7
Total liabilities and stockholders’ equity$ 1,142.4$ 1,151.9
SP
SP Plus Corporation provides mobility solutions, parking management, ground transportation, baggage, and other ancillary services in North America. The company operates in Commercial and Aviation segments. It provides on-site parking management, valet parking, ground transportation, facility maintenance, event logistics, remote airline check-in, security, municipal meter revenue collection and enforcement, and consulting services, as well as shuttle bus vehicles and drivers; baggage services, including delivery of delayed luggage and baggage handling services; wheelchair assist services; baggage repair and replacement services; and on-street parking meter collection and other forms of parking enforcement services. The company also offers facility maintenance services, including power sweeping and washing, painting and general repairs, and cleaning and seasonal services; security services comprising training and hiring of security officers and patrol, as well as customized services and technology; and an online and mobile app consumer platform through parking.com website. In addition, it provides multi-platform marketing services, including SP+, AeroParker, and KMP Digitata branded websites that offer clients a platform for marketing their facilities, mobile applications, search marketing, email marketing, and social media campaigns. The company offers its services primarily under the SP+, Sphere, Bags, AeroParker, MetroParker, and KMP Digitata brands. It serves private and public owners, municipalities, managers and developers of office buildings, residential and commercial properties, shopping centers and other retail properties, sports and special event complexes, hotels and resorts, healthcare facilities and medical centers, 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 headquartered in Chicago, Illinois.
 CEO
 WEBSITEspplus.com
 INDUSTRYInformation Technology Services
 EMPLOYEES12400

SP Plus Corp Frequently Asked Questions


What is the ticker symbol for SP Plus Corp? What does SP stand for in stocks?

SP is the stock ticker symbol of SP Plus Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of SP Plus Corp (SP)?

As of Tue May 07 2024, market cap of SP Plus Corp is 1.02 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SP stock?

You can check SP's fair value in chart for subscribers.

What is the fair value of SP stock?

You can check SP's fair value in chart for subscribers. The fair value of SP Plus Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of SP Plus Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is SP Plus Corp a good stock to buy?

The fair value guage provides a quick view whether SP is over valued or under valued. Whether SP Plus Corp is cheap or expensive depends on the assumptions which impact SP Plus Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SP.

What is SP Plus Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, SP's PE ratio (Price to Earnings) is 30.08 and Price to Sales (PS) ratio is 0.56. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on SP Plus Corp's stock?

In the past 10 years, SP Plus Corp has provided 0.087 (multiply by 100 for percentage) rate of return.