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SP

SP Plus Corp

SP

51.20USD-0.26 (-0.51%)Delayed
Watchlist

Market Summary

USD51.20-0.26
Delayed
-0.51%

SP Stock Price

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SP RSI Chart

SP Valuation

Market Cap

1.0B

Price/Earnings (Trailing)

23.34

Price/Sales (Trailing)

0.58

EV/EBITDA

11.45

Price/Free Cashflow

20.62

SP Price/Sales (Trailing)

SP Profitability

EBT Margin

2.99%

Return on Equity

17.1%

Return on Assets

3.69%

Free Cashflow Yield

4.85%

SP Fundamentals

SP Revenue

Revenue (TTM)

1.7B

Revenue Y/Y

13.92%

Revenue Q/Q

4.18%

SP Earnings

Earnings (TTM)

43.1M

Earnings Y/Y

-18.4%

Earnings Q/Q

43.01%

Price Action

Last 7 days

0.5%

Last 30 days

1.2%

Last 90 days

37.1%

Trailing 12 Months

49.8%

How does SP drawdown profile look like?

SP Financial Health

Current Ratio

0.69

Debt/Equity

1.37

Debt/Cashflow

0.21

SP Investor Care

Buy Backs (1Y)

3.67%

Diluted EPS (TTM)

1.75

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.6B1.7B1.7B0
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
20100708.0M715.9M721.1M
2009000695.5M
Get all data in R, Python etc through our Historical Stock Data APIs

Latest Insider Trading transactions for SP

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 10, 2023
sands diana l
acquired
130,023
34.84
3,732
-
May 10, 2023
waggoner douglas r
acquired
130,023
34.84
3,732
-
May 10, 2023
reid gregory a
acquired
130,023
34.84
3,732
-
May 10, 2023
roberts wyman
acquired
130,023
34.84
3,732
-
May 10, 2023
peterson alice m
acquired
130,023
34.84
3,732
-
Mar 01, 2023
vig ritu
acquired
-
-
6,509
president, aviation division
Mar 01, 2023
baumann g marc
acquired
-
-
34,713
chairman & ceo
Mar 01, 2023
sherman christopher r
sold (taxes)
-115,532
34.02
-3,396
president, commercial division
Mar 01, 2023
roberts gary t
acquired
-
-
1,808
svp, corp. cont., asst. treas.
Mar 01, 2023
sherman christopher r
acquired
-
-
7,232
president, commercial division

1–10 of 50

Which funds bought or sold SP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
CITIGROUP INC
added
12.14
13,994
412,876
 -%
Nov 24, 2023
DEUTSCHE BANK AG\
added
12.17
20,369
596,264
 -%
Nov 21, 2023
COMERICA BANK
new
-
2,664,830
2,664,830
 0.01%
Nov 20, 2023
Cruiser Capital Advisors, LLC
unchanged
-
-146,744
1,759,950
 2.41%
Nov 17, 2023
Seelaus Asset Management LLC
sold off
-100
-707,000
-
 -%
Nov 16, 2023
McIlrath & Eck, LLC
unchanged
-
-1,060
12,707
 -%
Nov 15, 2023
MORGAN STANLEY
reduced
-3.3
-444,599
3,692,890
 -%
Nov 15, 2023
MANUFACTURERS LIFE INSURANCE COMPANY, THE
unchanged
-
-23,439
281,111
 -%
Nov 15, 2023
JANE STREET GROUP, LLC
sold off
-100
-208,143
-
 -%
Nov 15, 2023
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
reduced
-5.87
-2,000
13,000
 -%

1–10 of 40

Latest Funds Activity

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

Schedule 13G FIlings of SP Plus Corp

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 06, 2023
wellington management group llp
8.00%
1,614,375
SC 13G/A
Feb 01, 2023
blackrock inc.
6.7%
1,354,627
SC 13G/A
Feb 09, 2022
river road asset management, llc
7.5%
1,737,794
SC 13G
Feb 04, 2022
wellington management group llp
5.83%
1,354,196
SC 13G/A
Feb 01, 2022
blackrock inc.
6.7%
1,553,253
SC 13G/A

Recent SEC filings of SP Plus Corp

View All Filings
Date Filed Form Type Document
Nov 24, 2023
SC 13D
13D - Major Acquisition
Nov 09, 2023
SC 13G/A
Major Ownership Report
Nov 02, 2023
10-Q
Quarterly Report
Nov 01, 2023
8-K
Current Report
Oct 26, 2023
8-K
Current Report
Oct 05, 2023
DEFA14A
DEFA14A
Oct 05, 2023
DEFA14A
DEFA14A
Oct 05, 2023
8-K
Current Report

SP Fair Value

Loading...

Peers (Alternatives to SP Plus Corp)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
ADP
94.4B
18.3B
 1.68% -11.34%
27.03
5.16
 8.46% 15.36%
CTAS
56.4B
9.0B
 4.95% 21.57%
40.83
6.27
 10.68% 9.96%
CPRT
45.5B
4.0B
 1.65% 48.33%
34.36
11.39
 11.51% 23.13%
EFX
28.1B
5.1B
 23.75% 15.24%
53.97
5.47
 -0.79% -26.63%
BAH
16.4B
10.0B
 0.39% 17.90%
55.51
1.63
 13.77% -44.30%
MID-CAP
ALLE
9.7B
3.6B
 8.11% 0.34%
17.39
2.68
 15.88% 27.91%
RHI
8.8B
6.6B
 9.81% 13.78%
18.66
1.32
 -8.71% -30.48%
SRCL
4.5B
2.7B
 16.89% -5.35%
204.64
1.67
 -0.52% 125.49%
AL
4.4B
2.6B
 8.22% 4.60%
8.19
1.72
 11.12% 695.09%
ABM
2.9B
8.0B
 10.19% -3.36%
12.06
0.36
 6.99% 9.91%
SMALL-CAP
AZZ
1.3B
1.5B
 11.09% 25.22%
-51.85
0.86
 80.96% -370.26%
ALTG
354.8M
1.8B
 14.17% -10.89%
34.96
0.2
 17.94% 6.32%
ARC
127.2M
281.1M
 7.25% -3.27%
11.31
0.45
 -1.85% -2.83%
AQMS
87.3M
998.5K
 -14.74% 19.15%
-4.89
87.43
 370.99% -10.42%
AWX
8.2M
84.5M
 4.46% -23.55%
-4.35
0.1
 9.61% -3025.62%

SP Plus Corp News

Latest updates
Los Angeles Business Journal • 20 Nov 2023 • 08:00 am • 19 days ago
Metropolis Raises $1.7 Billion to Aid Its Growth
PR Newswire • 06 Nov 2023 • 08:00 am • 33 days ago
SHAREHOLDER ALERT: Juan Monteverde Encourages the ...
MENAFN.COM • 27 Oct 2023 • 10:46 pm • 42 days ago
ALERT: The M&A Class Action Firm Continues Investigating The ...
Law.com • 10 Oct 2023 • 07:00 am • 2 months ago
Deal Watch: Energy, the Largest Driver of M&A in 2023, Poised for ...
Stockhouse Publishing • 06 Oct 2023 • 07:00 am • 2 months ago
2023-10-06 | NDAQ:SP | Press Release | SP Plus Corp
Nasdaq • 06 Oct 2023 • 07:00 am • 2 months ago
Noteworthy Friday Option Activity: SP, TWLO, AA
英为财情 Investing.com • 06 Oct 2023 • 07:00 am • 2 months ago
美国股市收低；截至收盘道琼斯工业平均指数下跌0.03% 提供者 ...
Reuters • 05 Oct 2023 • 07:00 am • 2 months ago
Parking platform Metropolis agrees to buy SP Plus for $1.5 billion
Investing.com Canada • 05 Oct 2023 • 07:00 am • 2 months ago
U.S. shares lower at close of trade; Dow Jones Industrial Average ...
Investing.com México • 05 Oct 2023 • 07:00 am • 2 months ago
Las bolsas de valores de Estados Unidos cerraron con caídas; el ...
Investing.com Türkiye • 05 Oct 2023 • 07:00 am • 2 months ago
ABD piyasaları kapanışta düştü; Dow Jones Industrial Average 0,03 ...
Nasdaq • 27 Sep 2023 • 07:00 am • 2 months ago
Noteworthy Wednesday Option Activity: BA, SP, NFLX
KSDK.com • 19 Sep 2023 • 07:00 am • 2 months ago
St. Louis Lambert airport buys electric shuttle buses | ksdk.com
Digital Transactions • 02 May 2023 • 07:00 am • 7 months ago
Fiserv Gives the Burgeoning Text to Pay Option a Big Boost – Digital ...
The Business Journals • 30 Jan 2023 • 08:00 am • 10 months ago
Orlando entrepreneur Craig Mateer lists Windermere mansion. The price tag is $12M. (PHOTOS)

Financials for SP Plus Corp

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue4.2%461442425418404381350343312276247245229203410422419414409377362
Cost Of Revenue---------266229208213187217440367360352356329317
Gross Profit---------46.0047.0038.0032.0042.00-13.40-30.2054.0059.0062.0053.0049.0045.00
  S&GA Expenses18.2%38.0032.0031.0031.0027.0027.0025.0024.0021.0022.0021.0024.0018.0023.0021.0028.0026.0028.0027.0028.0019.00
EBITDA Margin-4.1%0.07*0.07*0.07*0.07*0.08*0.08*0.08*0.08*0.07*-0.06*-0.13*-0.17*-0.14*-0.02*0.03*------
Interest Expenses1.4%7.007.007.006.004.004.005.005.005.005.006.006.006.005.004.004.005.005.005.003.002.00
Income Taxes-27.1%4.005.003.003.005.006.004.004.002.004.001.00-3.80-33.50-13.40-16.805.006.006.003.003.006.00
Earnings Before Taxes-24.9%14.0018.0013.008.0020.0022.0016.0013.0014.0013.005.00-3.00-121-53.20-62.4014.0021.0022.0014.0013.0020.00
EBT Margin-13.8%0.03*0.03*0.04*0.04*0.05*0.05*0.04*0.04*0.03*-0.11*-0.19*-0.22*-0.18*-0.06*0.00*------
Net Income-100.0%-13.009.005.0015.0016.0011.009.0012.0010.004.001.00-88.30-39.80-45.609.0015.0016.0011.009.0014.00
Net Income Margin-3.2%0.02*0.03*0.03*0.03*0.04*0.04*0.03*0.03*0.02*-0.07*-0.13*-0.16*-0.13*-0.04*0.00*------
Free Cashflow208.0%27.009.001.0012.0033.003.0024.0021.005.0022.00-3.3010.004.0014.004.00------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets1.9%1,1681,1461,1261,1211,0801,0931,0891,1161,0981,1111,1171,1381,1301,2551,3951,4801,4761,4921,5151,072753
  Current Assets8.9%236217206197186190173188176162152152134135195211195199194208170
    Cash Equivalents56.5%39.0025.0030.0012.0018.0015.0023.0016.0018.0016.0018.0014.0016.0018.0022.0024.0030.0022.0024.0040.0020.00
  Net PPE1.2%66.0065.0063.0060.0055.0054.0052.0049.0049.0050.0052.0053.0054.0049.0051.0048.0043.0042.0040.0040.0026.00
  Goodwill0.1%544544543543526527527527527527527527526586586586586586586586432
Liabilities1.2%9169059008968388468548948879149319569529901,0891,106-----
  Current Liabilities5.4%343325319344319313319333310318304318295310366370344344339247218
  Long Term Debt-2.0%345352365332293297286298-322345337---35135635837137487.00
    LT Debt, Current8.9%15.0014.0012.0012.0012.0012.0025.0026.0026.00--25.00---------
    LT Debt, Non Current---------321--337348350363351-----
Shareholder's Equity4.5%252241225226242248235222211198186181177266307374378382377369359
  Retained Earnings9.8%10494.0082.0074.0069.0055.0039.0028.0020.008.00-1.00-3.30-3.8084.00123170161147131121111
  Additional Paid-In Capital0.9%281279275274274272269268266264262261259259260263261260258258257
Shares Outstanding0%20.0020.0020.0020.0020.0021.0021.0021.0021.0021.0021.0023.0021.0021.0021.0023.0022.0022.0023.0023.0022.00
Minority Interest-100.0%-0.000.00-0.30-0.10-0.10-0.30-0.40-0.30-0.50-0.50-1.70-1.70-1.30-0.20-0.20-0.00-0.300.00-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations144.4%32,500,00013,300,0007,700,00017,700,00039,900,0009,300,00026,400,00023,300,0006,800,00024,300,000-1,000,00012,300,0001,900,00017,800,0008,200,00021,200,00033,500,00028,200,000-6,900,00035,300,00010,300,000
  Share Based Compensation-15.6%2,700,0003,200,0002,200,0002,400,0002,200,0002,600,0001,800,0001,600,0001,500,0002,100,000900,0002,700,000-200,000900,000-2,900,0001,800,0001,300,0001,400,000400,0001,000,000-100,000
Cashflow From Investing-89.4%-8,900,000-4,700,000-8,800,000-35,900,000-7,400,000-8,500,000-2,200,000-1,700,000-2,200,000-2,600,000-2,600,000-2,500,000-400,000-4,300,000-4,300,000-4,300,000-2,800,000-2,200,000-3,200,000-280,400,000-2,700,000
Cashflow From Financing34.3%-9,200,000-14,000,00018,700,00011,700,000-28,100,000-9,400,000-16,600,000-23,700,000-2,400,000-24,000,0007,700,000-11,900,000-4,000,000-17,200,000-5,900,000-22,500,000-23,400,000-27,200,000-6,300,000265,000,000-20,100,000
  Buy Backs---11,100,00021,800,00022,000,0004,900,000--------15,300,00015,600,00018,400,00011,300,0002,300,000--

SP Income Statement

2023-09-30
Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Services revenue$ 460.7$ 404.4$ 1,328.2$ 1,135.2
Cost of services (exclusive of depreciation and amortization)393.1346.21,136.4966.8
General and administrative expenses37.627.2100.078.4
Depreciation and amortization9.07.226.220.5
Operating income21.023.865.669.5
Other expense (income)    
Interest expense7.43.921.512.2
Interest income (0.1)(0.2)(0.4)
Total other expenses7.43.821.311.8
Earnings before income taxes13.620.044.357.7
Income tax expense3.54.911.615.0
Net income10.115.132.742.7
Less: Net income attributable to noncontrolling interests0.90.82.82.3
Net income attributable to SP Plus Corporation$ 9.2$ 14.3$ 29.9$ 40.4
Net income per common share    
Basic (in dollars per share)$ 0.47$ 0.69$ 1.52$ 1.92
Diluted (in dollars per share)$ 0.46$ 0.68$ 1.5$ 1.90
Weighted average shares outstanding    
Basic (in shares)19,649,61120,744,81319,660,93021,054,095
Diluted (in shares)19,910,30820,977,66719,874,16521,223,982
Lease and Management Type Contracts    
Services revenue$ 228.4$ 207.1$ 666.0$ 588.0
Cost of services (exclusive of depreciation and amortization)160.8148.9474.2419.6
Management Type Contracts    
Services revenue153.5134.9446.6382.6
Cost of services (exclusive of depreciation and amortization)99.989.9295.8252.7
Lease Type Contracts    
Services revenue74.972.2219.4205.4
Cost of services (exclusive of depreciation and amortization)60.959.0178.4166.9
Reimbursed Management Type Contract Revenue    
Services revenue232.3197.3662.2547.2
Cost of services (exclusive of depreciation and amortization)$ 232.3$ 197.3$ 662.2$ 547.2

SP Balance Sheet

2023-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Assets  
Cash and cash equivalents$ 38.5$ 12.4
Accounts receivable, net184.4167.7
Prepaid expenses and other current assets13.116.7
Total current assets236.0196.8
Property and equipment, net66.060.2
Right-of-use assets173.7166.9
Goodwill544.2543.2
Other intangible assets, net62.368.9
Deferred income taxes42.544.4
Other noncurrent assets, net43.641.0
Total noncurrent assets932.3924.6
Total assets1,168.31,121.4
Liabilities  
Accounts payable142.7133.4
Accrued and other current liabilities128.9137.6
Short-term lease liabilities56.460.2
Current portion of long-term borrowings14.712.4
Total current liabilities342.7343.6
Long-term borrowings, excluding current portion345.1331.8
Long-term lease liabilities154.9158.5
Other noncurrent liabilities73.561.8
Total noncurrent liabilities573.5552.1
Total liabilities916.2895.7
Stockholders’ equity  
Preferred stock, par value $0.01 per share; 5,000,000 shares authorized as of September 30, 2023 and December 31, 2022, respectively; no shares issued or outstanding0.00.0
Common stock, par value $0.001 per share; 50,000,000 shares authorized as of September 30, 2023 and December 31, 2022; 23,444,353 and 19,649,611 shares issued and outstanding as of September 30, 2023, respectively, and 23,276,329 and 19,767,287 shares issued and outstanding as of December 31, 2022, respectively0.00.0
Treasury stock, at cost; 3,794,742 and 3,509,042 shares as of September 30, 2023 and December 31, 2022, respectively(130.5)(120.0)
Additional paid-in capital281.1274.2
Accumulated other comprehensive loss(2.0)(1.8)
Retained earnings103.573.6
Total SP Plus Corporation stockholders’ equity252.1226.0
Noncontrolling interests (0.3)
Total stockholders’ equity252.1225.7
Total liabilities and stockholders’ equity$ 1,168.3$ 1,121.4

About SP Plus Corp

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
 WEBSITEwww.spplus.com
 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 Fri Dec 08 2023, market cap of SP Plus Corp is 1.01 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. 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 Fri Dec 08 2023, SP's PE ratio (Price to Earnings) is 23.34 and Price to Sales (PS) ratio is 0.58. 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 0.081 (multiply by 100 for percentage) rate of return.