How to Buy Sp Plus Stock
Sp Plus Corp
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.
Sp Plus stock last closed at $51.51, up 0.02% from the previous day, and has increased 52.13% in one year. It has overperformed other stocks in the Specialty Business Services industry by 0.27 percentage points. Sp Plus stock is currently +51.99% from its 52-week low of $33.89, and -1.99% from its 52-week high of $52.56.
At the moment, there are 19.8M SP shares outstanding. The market capitalization of SP is $1.02B. In the past 24 hours, 69,599 SP shares were traded.
How to Buy Sp Plus Stock
Wondering how to invest in Sp Plus stock? Here's how.
- Choose where to buy Sp Plus stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Sp Plus stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your investment account: Pick your payment method and add your info.
- Analyze Sp Plus stock: The Sp Plus ticker symbol is SP. Is Sp Plus stock a good investment? Should you buy shares of SP? How do SP's underlying business fundamentals look? Do top analysts think Sp Plus is a good buy? Why has SP's stock price moved recently? (Hint: Our stock analysis website can help you understand if SP is a good stock to buy).
- Make your SP trade: Decide if you will purchase SP shares at the current market price or use a limit order to buy SP shares at a specific price.
- Keep tabs on your SP investment: Create a watchlist to important notifications about your investment in Sp Plus shares.
Step 1: Choose where to buy Sp Plus stock
You need a brokerage account in order to access the NASDAQ market and buy SP stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal info so you can invest in SP stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create a new brokerage account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have filled out your info on apps for stocks, your next step is to transfer the money for your investment:
Watch this video walkthrough for more details transferring money into your new brokerage account.
Step 4: Analyze Sp Plus stock
Once you have chosen the best place to buy Sp Plus stock, it's absolutely critical to analyze their stock prior to buying, so you truly wrap your head around the risk and opportunity.
Sp Plus quick stats
Sp Plus Overview
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis quickly.
You can view all of the due diligence checks on SP's stock page.
What is the fair value of SP stock?
You can use many financial metrics, analyses, models, and charts to gauge SP's fair value.
Using relative valuations methods:
- SP may be undervalued based on its P/E ratio of 33.45x, relative to Specialty Business Services industry P/E ratio of 35.31x
- SP could be undervalued based on its P/B ratio of 3.91x, relative to Specialty Business Services industry P/B ratio of 4.86x
You can do additional valuation analysis on SP's stock here.
A look at SP Cashflows and Balance Sheet
Failed Financial Due Diligence Checks:
- There are more short-term liabilities than short-term assets on the SP balance sheet.
- Total SP debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the SP balance sheet.
- SP profit margin has gone down from 2.6% to 1.7% in the past year.
- SP's operating cash flow of $62.70M allows it to safely service it's debt of $555.00M.
- SP has a relatively high debt to equity ratio of 3.39.
- SP earnings of $73.80M is not enough to cover its interest payments.
You can dig deeper into what analysts are projecting on the Sp Plus stock forecast page.
SP Technical Indicators
SP Earnings
Last year, SP earnings were $30.30M. Over the last five year, SP's earnings have gone up by -6.54% per year. This was slower than the Specialty Business Services industry average of 11.12%.
Last year, SP revenue was $1.81B. Over the past five year, SP's revenue has increased by 3.67% per year. This was slower than the Specialty Business Services industry average of 10.47%.
Learn more about SP's earnings and revenue performance here.
Are SP executives and large shareholders buying or selling the stock?
Over the past year, insiders at SP have sold more shares than they have bought.
G. Marc Baumann, Chairman CEO of SP, was the latest SP insider to sell. They sold $1,786,181.34 worth of SP shares on Dec 7, 2023.
Dig into more about who owns SP shares here.
Can I rely on SP as an income stream?
No, Sp Plus doesn't provide an income stream by paying out dividends.
Get opinions from other traders
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Make your SP trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a specific price, use a limit order.
Press the Open button and your broker will place your order.
If you need additional help with investing in stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your SP investment
Now that you own some SP shares, you'll want to keep up with your new company.
Create a watchlist to get the latest updates about your SP stock.
SP Feed
How to Buy Stock in Sp Plus
To summarize, here are the 6 steps you need to take to buy Sp Plus stock right now:
- Choose where to buy Sp Plus stock
- Open a brokerage account
- Fund your investment account
- Analyze Sp Plus stock
- Make your SP trade
- Keep tabs on your SP investment
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Sp Plus, get started below.
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