SP Plus Corporation

NasdaqGS:SP Rapport sur les actions

Capitalisation boursière : US$1.1b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

SP Plus Gestion

Gestion contrôle des critères 4/4

Le PDG SP Plus est G. Baumann, nommé en Mar2014, a un mandat de 10.17 ans. La rémunération annuelle totale est $ 4.40M, composée du salaire de 18.2% et des bonus 81.8%, y compris les actions et options de la société. détient directement 0.67% des actions de la société, d'une valeur de $ 7.19M. La durée moyenne de mandat de l'équipe de direction et du conseil d'administration est respectivement 2.9 ans et 8 ans.

Informations clés

G. Baumann

Directeur général

US$4.4m

Rémunération totale

Pourcentage du salaire du PDG18.17%
Durée du mandat du directeur général10.2yrs
Propriété du PDG0.7%
Durée moyenne d'occupation des postes de direction2.9yrs
Durée moyenne du mandat des membres du conseil d'administration8yrs

Mises à jour récentes de la gestion

Recent updates

Article d’analyse • Aug 09

Should You Think About Buying SP Plus Corporation (NASDAQ:SP) Now?

While SP Plus Corporation ( NASDAQ:SP ) might not be the most widely known stock at the moment, it saw a significant...
Article d’analyse • Mar 14

What Is SP Plus Corporation's (NASDAQ:SP) Share Price Doing?

While SP Plus Corporation ( NASDAQ:SP ) might not be the most widely known stock at the moment, it received a lot of...
Article d’analyse • Oct 29

Here's Why SP Plus (NASDAQ:SP) Can Manage Its Debt Responsibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Seeking Alpha • Oct 11

SP Plus acquires K M P Associates, including AeroParker

SP Plus (NASDAQ:SP) acquired K M P Associates Limited, a software and technology provider serving aviation and commercial parking clients throughout the United States and Europe. Commenting on the transaction, Marc Baumann, Chairman and CEO of SP+, noted, “The acquisition of KMP is aligned with our strategy of complementing organic growth with acquisitions that further strengthen our industry-leading technology capabilities, particularly in those areas that support digital transactions and the development of smart cities. Through this combination, we have the opportunity to leverage our respective relationships and expertise to bring innovative technology solutions to airports and commercial parking operations both within and outside of North America. In addition to expanding our addressable market, the acquisition of KMP has the potential to serve as a growth platform for us, advancing the digital transformation of our industry.”
Article d’analyse • Sep 02

Is Now The Time To Look At Buying SP Plus Corporation (NASDAQ:SP)?

SP Plus Corporation ( NASDAQ:SP ), might not be a large cap stock, but it saw a decent share price growth in the teens...
Seeking Alpha • Jul 30

SP Plus: A Good Place To Park Your Money

SP Plus Corporation has done really well in recent months, with returns outpacing the broader market while fundamental performance remains robust. Management continues to add value to the firm and the picture moving forward looks bullish. In all, this is a solid prospect to consider buying into at this time. One of the more interesting companies that I've come across in recent years is SP Plus Corporation (SP). This firm focuses on providing various mobility solutions, largely centered around the management of parking lots, the oversight of parking meter collection and other forms of parking enforcement services, and a variety of other related activities. Despite concerns of the economy weakening, SP Plus seems to be doing quite well for itself. Even as the market has plunged in recent months, shares of the business have risen nicely, driven in large part by strong top line and bottom line performance. Although it's clear that the easy money has been made, shares are cheap enough that the company does seem to offer some additional upside potential moving forward. And because of that, I have decided to retain my 'buy' rating on the firm for now. The picture just keeps getting better Back in April of this year, I wrote a bullish article about SP Plus. In that article, I called the company a unique play on mobility. I acknowledged that, over the years, the firm had been on a bumpy ride from a fundamental perspective. But on the whole, performance had been robust and positive. The company was especially showing signs of recovery following the worst of the COVID-19 pandemic, leading to upside potential for investors in the near term. This argument was further bolstered by the fact that I viewed shares as being attractively priced. As a result of my findings, I rated the business a 'buy', reflecting my opinion that it would likely generate returns that would outperform the broader market for the foreseeable future. Since then, my call has ended up looking pretty good. While the S&P 500 is down by 7.2%, shares of SP Plus have generated a profit for investors of 15.3%. Author - SEC EDGAR Data When I last wrote about the firm, we had data covering through the entirety of the firm's 2021 fiscal year. Fast forward to today, and we now have data for one additional quarter, the first quarter of 2022. So far, the picture has been really impressive. Consider revenue. In the first quarter of the year, revenue came in at $349.8 million. That represents an increase of 41.8% over the $246.7 million the business generated the same quarter just one year earlier. Based on the data provided, this increase in revenue was driven by a couple of different factors. For instance, during the quarter, services revenue came in at $184.4 million. That's 43.3% above the $128.7 million generated just one year earlier. According to management, this increase in services revenue was driven by growth across both lease-type contracts and management-type contracts. The company also saw a significant improvement in reimbursed management type contract revenue, a figure that rose from $118 million in the first quarter of 2021 to $165.4 million the same time this year. All of these improvements were driven in large part by increased volume at the properties in which it operates thanks to the reopening of the economy. As revenue rose, profitability for the company followed suit. Net income in the first quarter totaled $10.7 million. That's significantly higher than the $2.3 million reported just one year earlier. Operating cash flow went from a negative $1 million to a positive $26.4 million. If we adjust for changes in working capital, it would have risen More modestly from $14.2 million to $21.7 million. Meanwhile, EBITDA for the business also improved, climbing from $18.2 million to $26.4 million. Profitability for the company has been so impressive that, in the month of May, the company even decided to announce a new share buyback program in the amount of $60 million. Although this may not seem like much, at current pricing, exercising this in full would buy back about 7.6% of the company's shares. When it comes to the 2022 fiscal year, management has some pretty high hopes for the business. Net income, for starters, should come in at between $56 million and $61 million, with a midpoint of $58.5 million. That midpoint figure would translate to an 84.5% rise over the $31.7 million generated in 2021. Operating cash flow last year was $53.4 million, with the adjusted figure for it coming in at $83.7 million. Management is forecasting a reading of between $83 million and $98 million, with a midpoint of $90.5 million. And then we have the issue of EBITDA. The current expectation is for this to come in at between $110 million and $120 million, implying a midpoint reading of $115 million. Last year, this metric was just $95.2 million. Author - SEC EDGAR Data Using this data, it becomes pretty easy to value the company. On a forward basis, the firm is trading at a price-to-earnings multiple of 13.4. That's down from the 24.8 reading that we get if we use 2021 results. The price to adjusted operating cash flow multiple should drop from 9.1 last year to 8.7 this year. And the EV to EBITDA multiple should decline from 11.3 to 9.3. To put this in perspective, I also compared the company to the same five firms that I compared to in my last article. Only four of those five companies had positive financial results. On a price-to-earnings basis, these companies range from a low of 11.8 to a high of 95.8. Only one of the four companies was cheaper than SP Plus. Using the price to operating cash flow approach, the range was from 6.3 to 84.5. And using the EV to EBITDA approach, the range was from 6.7 to 13.8. In both of these scenarios, two of the four firms were cheaper than our prospect.
Article d’analyse • Jul 22

SP Plus (NASDAQ:SP) Has A Pretty Healthy Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Article d’analyse • May 18

At US$31.38, Is It Time To Put SP Plus Corporation (NASDAQ:SP) On Your Watch List?

While SP Plus Corporation ( NASDAQ:SP ) might not be the most widely known stock at the moment, it saw a decent share...
Seeking Alpha • Apr 14

SP Plus: A Unique Play On Mobility

SP Plus has been on a bumpy ride over the past few years, but overall fundamental performance is robust. The company has shown some signs of recovery and the near-term looks favorable for investors. Shares are also attractively priced at this time and imply some upside potential moving forward.
Article d’analyse • Apr 12

Is SP Plus (NASDAQ:SP) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Article d’analyse • Feb 26

Is There An Opportunity With SP Plus Corporation's (NASDAQ:SP) 47% Undervaluation?

In this article we are going to estimate the intrinsic value of SP Plus Corporation ( NASDAQ:SP ) by taking the...
Article d’analyse • Nov 30

At US$28.25, Is It Time To Put SP Plus Corporation (NASDAQ:SP) On Your Watch List?

While SP Plus Corporation ( NASDAQ:SP ) might not be the most widely known stock at the moment, it saw significant...
Article d’analyse • Nov 04

We Think SP Plus' (NASDAQ:SP) Healthy Earnings Might Be Conservative

Shareholders appeared to be happy with SP Plus Corporation's ( NASDAQ:SP ) solid earnings report last week. Looking...
Article d’analyse • Jul 30

Is SP Plus Corporation (NASDAQ:SP) Expensive For A Reason? A Look At Its Intrinsic Value

In this article we are going to estimate the intrinsic value of SP Plus Corporation ( NASDAQ:SP ) by taking the...
Article d’analyse • Apr 19

Is Now The Time To Look At Buying SP Plus Corporation (NASDAQ:SP)?

While SP Plus Corporation ( NASDAQ:SP ) might not be the most widely known stock at the moment, it saw a double-digit...
Article d’analyse • Mar 11

Have Insiders Sold SP Plus Corporation (NASDAQ:SP) Shares Recently?

We'd be surprised if SP Plus Corporation ( NASDAQ:SP ) shareholders haven't noticed that the President of Airport...
Article d’analyse • Mar 01

Are SP Plus Corporation (NASDAQ:SP) Investors Paying Above The Intrinsic Value?

How far off is SP Plus Corporation ( NASDAQ:SP ) from its intrinsic value? Using the most recent financial data, we'll...
Article d’analyse • Feb 10

Update: SP Plus (NASDAQ:SP) Stock Gained 39% In The Last Five Years

If you buy and hold a stock for many years, you'd hope to be making a profit. Furthermore, you'd generally like to see...

Analyse de la rémunération des PDG

Comment la rémunération de G. Baumann a-t-elle évolué par rapport aux bénéfices de SP Plus?
DateRémunération totaleSalaireBénéfices de l'entreprise
Mar 31 2024n/an/a

US$30m

Dec 31 2023US$4mUS$800k

US$31m

Sep 30 2023n/an/a

US$35m

Jun 30 2023n/an/a

US$40m

Mar 31 2023n/an/a

US$43m

Dec 31 2022US$4mUS$800k

US$45m

Sep 30 2022n/an/a

US$49m

Jun 30 2022n/an/a

US$47m

Mar 31 2022n/an/a

US$40m

Dec 31 2021US$5mUS$800k

US$32m

Sep 30 2021n/an/a

US$23m

Jun 30 2021n/an/a

-US$76m

Mar 31 2021n/an/a

-US$124m

Dec 31 2020US$2mUS$800k

-US$173m

Sep 30 2020n/an/a

-US$164m

Jun 30 2020n/an/a

-US$62m

Mar 31 2020n/an/a

-US$8m

Dec 31 2019US$3mUS$800k

US$49m

Sep 30 2019n/an/a

US$49m

Jun 30 2019n/an/a

US$48m

Mar 31 2019n/an/a

US$49m

Dec 31 2018US$3mUS$800k

US$53m

Sep 30 2018n/an/a

US$52m

Jun 30 2018n/an/a

US$50m

Mar 31 2018n/an/a

US$51m

Dec 31 2017US$2mUS$729k

US$41m

Rémunération vs marché: La rémunération totale de G. ($USD 4.40M ) est dans la moyenne des entreprises de taille similaire sur le marché US ($USD 3.70M ).

Rémunération et revenus: La rémunération de G. a été cohérente avec les performances de l'entreprise au cours de l'année écoulée.

PDG

G. Baumann (67 yo)

10.2yrs
Titularisation
US$4,403,668
Compensation

Mr. G. Marc Baumann has been Chief Executive Officer of SP Plus Corporation since January 1, 2015 and has been its President since March 2014 and Chairman since May 2021. Mr. Baumann served as Chief Financ...

Équipe de direction

NomPositionTitularisationCompensationPropriété
G. Baumann
Chairman10.2yrsUS$4.40m0.67%
$ 7.2m
Kristopher Roy
CFO & Treasurer5.1yrsUS$1.58m0.11%
$ 1.2m
Ritu Vig
President of the Aviation Division1.3yrsUS$1.29m0.071%
$ 759.8k
Christopher Sherman
President of Commercial Division2.3yrsUS$1.42m0.086%
$ 922.3k
Gary Roberts
Senior VP2.3yrspas de données0.0041%
$ 44.0k
Wenyu Blanchard
Chief Legal Officer & Corporate Secretary1.3yrspas de donnéespas de données
Connie Jin
Senior Vice President of Corporate Development5.3yrspas de donnéespas de données
Colleen Kozak
Chief Human Resources Officer3.6yrspas de donnéespas de données
Jeff Eckerling
Chief Growth Officer7.6yrspas de donnéespas de données
Dave Lombardi
Chief Business Development Officer of Commercial Division2.3yrspas de donnéespas de données
James Buczek
Chief Operations Officer of the Commercial Divisionno datapas de donnéespas de données
Bob Reiser
President of Airports (East)no datapas de donnéespas de données
2.9yrs
Durée moyenne de l'emploi
47yo
Âge moyen

Gestion expérimentée: L'équipe de direction de SP est considérée comme expérimentée (ancienneté moyenne 2.9 ans).

Membres du conseil d'administration

NomPositionTitularisationCompensationPropriété
G. Baumann
Chairman9.3yrsUS$4.40m0.67%
$ 7.2m
Gregory Reid
Independent Director7yrsUS$214.24k0.11%
$ 1.2m
Alice Peterson
Independent Director6.2yrsUS$225.34k0.095%
$ 1.0m
Douglas Waggoner
Lead Independent Director9.1yrsUS$247.84k0.15%
$ 1.6m
Wyman Roberts
Independent Director9.1yrsUS$220.84k0.15%
$ 1.6m
Diana Sands
Independent Director3yrsUS$223.84k0.047%
$ 504.4k
8.0yrs
Durée moyenne de l'emploi
65.5yo
Âge moyen

Conseil d'administration expérimenté: Les membres du conseil d'administration de SP sont considérés comme expérimentés (ancienneté moyenne 8 ans).

Analyse de l'entreprise et données financières

DonnéesDernière mise à jour (heure UTC)
Analyse de l'entreprise2024/05/16 18:01
Cours de l'action en fin de journée2024/05/16 00:00
Les revenus2024/03/31
Revenus annuels2023/12/31

Sources de données

Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.

PaquetDonnéesCadre temporelExemple de source américaine *
Finances de l'entreprise10 ans
  • Compte de résultat
  • Tableau des flux de trésorerie
  • Bilan
Estimations consensuelles des analystes+3 ans
  • Prévisions financières
  • Objectifs de prix des analystes
Prix du marché30 ans
  • Cours des actions
  • Dividendes, scissions et actions
Propriété10 ans
  • Actionnaires principaux
  • Délits d'initiés
Gestion10 ans
  • L'équipe dirigeante
  • Conseil d'administration
Principaux développements10 ans
  • Annonces de l'entreprise

* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.

Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.

Modèle d'analyse et flocon de neige

Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github; nous proposons également des guides expliquant comment utiliser nos rapports et des tutoriels sur Youtube.

Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.

Indicateurs de l'industrie et du secteur

Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.

Sources des analystes

SP Plus Corporation est couverte par 5 analystes. 0 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.

AnalysteInstitution
Andrea WirthBaird
Kevin SteinkeBarrington Research Associates, Inc.
Daniel MooreCJS Securities, Inc.