SP Plus Corporation

NasdaqGS:SP 주식 리포트

시가총액: 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 경영진

경영진 기준 점검 4/4

SP Plus CEO는 G. Baumann, Mar2014 에 임명되었습니다 의 임기는 10.17 년입니다. 총 연간 보상은 $4.40M, 18.2% 급여 및 81.8% 보너스(회사 주식 및 옵션 포함)로 구성됩니다. 는 $7.19M 가치에 해당하는 회사 주식의 0.67% 직접 소유합니다. 경영진과 이사회의 평균 재임 기간은 2.9 년과 8 년입니다.

핵심 정보

G. Baumann

최고경영자

US$4.4m

총 보수

CEO 급여 비율18.17%
CEO 재임 기간10.2yrs
CEO 지분 보유율0.7%
경영진 평균 재임 기간2.9yrs
이사회 평균 재임 기간8yrs

최근 경영진 업데이트

Recent updates

분석 기사 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...
분석 기사 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...
분석 기사 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.”
분석 기사 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.
분석 기사 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...
분석 기사 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.
분석 기사 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...
분석 기사 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...
분석 기사 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...
분석 기사 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...
분석 기사 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...
분석 기사 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...
분석 기사 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...
분석 기사 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...
분석 기사 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...

CEO 보수 분석

G. Baumann의 보수는 SP Plus의 수익에 비해 어떻게 변했나요?
날짜총 보수급여회사 수익
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

보상 대 시장: G.의 총 보수(USD4.40M)는 US 시장에서 비슷한 규모 기업의 평균(USD3.71M) 수준입니다.

보상과 수익: G.의 보상은 지난 1년 동안 회사 실적과 일치했습니다.


CEO

G. Baumann (67 yo)

10.2yrs
재임 기간
US$4,403,668
보수

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...


리더십 팀

이름직위재임 기간보수지분
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 VP2.3yrs데이터 없음0.0041%
$ 44.0k
Wenyu Blanchard
Chief Legal Officer & Corporate Secretary1.3yrs데이터 없음데이터 없음
Connie Jin
Senior Vice President of Corporate Development5.3yrs데이터 없음데이터 없음
Colleen Kozak
Chief Human Resources Officer3.6yrs데이터 없음데이터 없음
Jeff Eckerling
Chief Growth Officer7.6yrs데이터 없음데이터 없음
Dave Lombardi
Chief Business Development Officer of Commercial Division2.3yrs데이터 없음데이터 없음
James Buczek
Chief Operations Officer of the Commercial Divisionno data데이터 없음데이터 없음
Bob Reiser
President of Airports (East)no data데이터 없음데이터 없음
2.9yrs
평균 재임 기간
47yo
평균 나이

경험이 풍부한 관리: SP의 경영진은 경험이 있음으로 간주됩니다(평균 재임 2.9 년).


이사회 구성원

이름직위재임 기간보수지분
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
평균 재임 기간
65.5yo
평균 나이

경험이 풍부한 이사회: SP의 이사회경험이 있음으로 간주됩니다(평균 재임 8 년).


기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2024/05/16 11:22
종가2024/05/16 00:00
수익2024/03/31
연간 수익2023/12/31

데이터 소스

당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.

패키지데이터기간미국 소스 예시 *
기업 재무제표10년
  • 손익계산서
  • 현금흐름표
  • 대차대조표
분석가 컨센서스 추정치+3년
  • 재무 예측
  • 분석가 목표주가
시장 가격30년
  • 주가
  • 배당, 분할 및 기타 조치
지분 구조10년
  • 주요 주주
  • 내부자 거래
경영진10년
  • 리더십 팀
  • 이사회
주요 개발10년
  • 회사 공시

* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.

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이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드YouTube 튜토리얼도 제공합니다.

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산업 및 섹터 지표

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분석가 소스

SP Plus Corporation는 5명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

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