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SP Plus Stock Price

Symbol: NasdaqGS:SPMarket Cap: US$1.1bCategory: Commercial Services

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SP Plus Corporation Key Details

US$889.0m

Revenue

US$634.7m

Cost of Revenue

US$254.3m

Gross Profit

US$224.0m

Other Expenses

US$30.3m

Earnings

Last Reported Earnings
Mar 31, 2024
Next Reporting Earnings
n/a
Earnings per share (EPS)
1.53
Gross Margin
28.61%
Net Profit Margin
3.41%
Debt/Equity Ratio
124.1%

SP Plus Corporation Competitors

 
 
 
 
 
 
 
 
 
 
 
 

Snowflake Analysis

Overvalued with poor track record.

3 Risks
0 Rewards

About SP

Founded
1929
Employees
16500
CEO
G. Baumann
WebsiteView website
www.spplus.com

SP Plus Corporation provides mobility solutions, parking services, parking management, ground transportation, baggage handling, and other ancillary services. 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; patient transport services for healthcare clients; transportation, logistics, and implementation; valet services, such as vehicle staging and tracking systems, and doorman/bellman services; security services comprising training and hiring of security officers and patrol, as well as customized services and technology; wheelchair assist services; and an online and mobile app consumer platform through parking.com website; and revenue management services. In addition, it provides multi-platform marketing services, including SP+, AeroParker, and KMP Digitata brand 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. 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.

Market Insight

The number of IPOs and the capital raised this year are on track to outpace the last three years combined. And the thing is, successful IPOs attract more IPOs. Some will be genuine gems, while others, not so much. That’s why this week, we’re digging into the IPO market, and more importantly, how you can improve your odds of spotting a winner.
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U.S. Market Performance

  • 7 Days: -0.009%
  • 3 Months: 10.0%
  • 1 Year: 15.8%
  • Year to Date: 10.1%
In the last week, the market has been flat. Meanwhile, the market is actually up 16% over the past year. Looking forward, earnings are forecast to grow by 15% annually. Market details ›