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NASDAQ: SP
Sp Plus Corp Stock

$51.10+0.32 (+0.63%)
Updated Apr 24, 2024
SP Price
$51.10
Fair Value Price
$52.34
Market Cap
$1.01B
52 Week Low
$32.78
52 Week High
$52.56
P/E
32.34x
P/B
4.03x
P/S
0.57x
PEG
N/A
Dividend Yield
N/A
Revenue
$1.78B
Earnings
$31.10M
Gross Margin
14.3%
Operating Margin
4.16%
Profit Margin
1.7%
Debt to Equity
3.59
Operating Cash Flow
$56M
Beta
1
Next Earnings
May 1, 2024
Ex-Dividend
N/A
Next Dividend
N/A

SP Overview

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+ 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, and Bags brands. It serves private and public owners, municipalities and governments, managers and developers of office buildings, residential properties, 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.

Zen Score

–
Industry Average (31)
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Due Diligence Checks

SP ($51.10) is undervalued by 2.37% relative to our estimate of its Fair Value price of $52.34 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
SP ($51.10) is not significantly undervalued (2.37%) relative to our estimate of its Fair Value price of $52.34 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
SP was unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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SP News

Valuation

SP fair value

Fair Value of SP stock based on Discounted Cash Flow (DCF)
Price
$51.10
Fair Value
$52.34
Undervalued by
2.37%
SP ($51.10) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
SP ($51.10) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
SP was unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

SP price to earnings (PE)

For valuing profitable companies with steady earnings
Company
32.34x
Industry
35.35x
Market
41.27x
SP is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
SP is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

SP price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
4.03x
Industry
4.79x
SP is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

SP's financial health

Profit margin

Revenue
$454.1M
Net Income
$1.2M
Profit Margin
0.3%
SP's Earnings (EBIT) of $74.20M... subscribe to Premium to read more.
Interest Coverage Financials
SP's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$1.2B
Liabilities
$901.2M
Debt to equity
3.59
SP's short-term liabilities ($337.40M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
SP's long-term liabilities ($563.80M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
SP's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
SP's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$2.3M
Investing
-$4.2M
Financing
-$17.8M
SP's operating cash flow ($55.80M)... subscribe to Premium to read more.
Debt Coverage Financials

SP vs Specialty Business Service Stocks

TickerMarket Cap1d %P/EP/B
SP$1.01B+0.63%32.34x4.03x
TDCX$1.03B+0.56%11.57x2.13x
BV$1.07B-1.65%-62.94x0.89x
TH$1.11B+1.85%6.44x2.93x
VVI$746.15M-0.59%118.20x17.18x

Sp Plus Stock FAQ

What is Sp Plus's quote symbol?

(NASDAQ: SP) Sp Plus trades on the NASDAQ under the ticker symbol SP. Sp Plus stock quotes can also be displayed as NASDAQ: SP.

If you're new to stock investing, here's how to buy Sp Plus stock.

What is the 52 week high and low for Sp Plus (NASDAQ: SP)?

(NASDAQ: SP) Sp Plus's 52-week high was $52.56, and its 52-week low was $32.78. It is currently -2.77% from its 52-week high and 55.89% from its 52-week low.

How much is Sp Plus stock worth today?

(NASDAQ: SP) Sp Plus currently has 19,798,884 outstanding shares. With Sp Plus stock trading at $51.10 per share, the total value of Sp Plus stock (market capitalization) is $1.01B.

Sp Plus stock was originally listed at a price of $6.55 in Jun 2, 2004. If you had invested in Sp Plus stock at $6.55, your return over the last 19 years would have been 680.75%, for an annualized return of 11.42% (not including any dividends or dividend reinvestments).

How much is Sp Plus's stock price per share?

(NASDAQ: SP) Sp Plus stock price per share is $51.10 today (as of Apr 24, 2024).

What is Sp Plus's Market Cap?

(NASDAQ: SP) Sp Plus's market cap is $1.01B, as of Apr 26, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Sp Plus's market cap is calculated by multiplying SP's current stock price of $51.10 by SP's total outstanding shares of 19,798,884.
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