How does SP's PE Ratio compare to its peers?

SP is good value based on its Price-To-Earnings Ratio (35.3x) compared to the peer average (45.8x).

How does SP's PE Ratio compare vs other companies in the US Commercial Services Industry?

SP is expensive based on its Price-To-Earnings Ratio (35.3x) compared to the US Commercial Services industry average (29.3x).

What is SP's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate SP's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of SP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

SP ($53.99) is trading above our estimate of [[fair value]] ($24.37)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

SP Plus (Nasdaq:SP) - Stock Price, News & Analysis

SP Stock Overview

Provides mobility solutions, parking services, parking management, ground transportation, baggage handling, and other ancillary services. More details

SP fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	1/6
Financial Health	1/6
Dividends	0/6

Risk Analysis

Debt is not well covered by operating cash flow

Large one-off items impacting financial results

Profit margins (3.4%) are lower than last year (5.2%)

SP Plus Corporation Competitors

Heritage-Crystal Clean

NasdaqGS:HCCI

US$1.1b

CECO Environmental

NasdaqGS:CECO

US$1.1b

Aris Water Solutions

NYSE:ARIS

US$1.6b

BrightView Holdings

NYSE:BV

US$1.6b

Price History & Performance

Summary of all time highs, changes and price drops for SP Plus
Historical stock prices
Current Share Price	US$53.99
52 Week High	US$54.42
52 Week Low	US$34.17
Beta	1.22
11 Month Change	4.73%
3 Month Change	5.22%
1 Year Change	44.47%
33 Year Change	66.38%
5 Year Change	70.10%
Change since IPO	763.84%

Recent updates

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

May 18

SP Plus: A Unique Play On Mobility

Apr 14

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

Apr 12

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

Feb 26

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

Nov 30

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

Nov 04

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

Jul 30

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

Apr 19

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

Mar 11

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

Mar 01

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

Feb 10

Shareholder Returns

	SP	US Commercial Services	US Market
7D	5.1%	4.0%	2.2%
1Y	44.5%	37.1%	31.7%

Return vs Industry: SP exceeded the US Commercial Services industry which returned 28.2% over the past year.

Return vs Market: SP exceeded the US Market which returned 26.8% over the past year.

Price Volatility

Is SP's price volatile compared to industry and market?
SP volatility
SP Average Weekly Movement	1.5%
Commercial Services Industry Average Movement	7.4%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: SP has not had significant price volatility in the past 3 months.

Volatility Over Time: SP's weekly volatility has decreased from 7% to 1% over the past year.

About the Company

Founded	Employees	CEO	Website
1929	16,500	G. Baumann	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.

SP Plus Corporation Fundamentals Summary

How do SP Plus's earnings and revenue compare to its market cap?
SP fundamental statistics
Market cap	US$1.07b
Earnings (TTM)	US$30.30m
Revenue (TTM)	US$889.00m

35.3x

P/E Ratio

1.2x

P/S Ratio

Is SP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SP income statement (TTM)
Revenue	US$889.00m
Cost of Revenue	US$634.70m
Gross Profit	US$254.30m
Other Expenses	US$224.00m
Earnings	US$30.30m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.53
Gross Margin	28.61%
Net Profit Margin	3.41%
Debt/Equity Ratio	124.1%

How did SP perform over the long term?

See historical performance and comparison

SP Stock Overview

Risk Analysis

SP Plus Corporation Competitors

NasdaqGS:HCCI

US$1.1b

NasdaqGS:CECO

US$1.1b

NYSE:ARIS

US$1.6b

NYSE:BV

US$1.6b

Price History & Performance

Recent News & Updates

SP Plus Corporation Files Form 15

SP Plus Corporation(NasdaqGS:SP) dropped from NASDAQ Composite Index

SP Plus Corporation(NasdaqGS:SP) dropped from S&P TMI Index

First quarter 2024 earnings: EPS and revenues miss analyst expectations

New minor risk - Earnings quality

Full year 2023 earnings: EPS and revenues miss analyst expectations

Recent updates

SP Plus Corporation Files Form 15

SP Plus Corporation(NasdaqGS:SP) dropped from NASDAQ Composite Index

SP Plus Corporation(NasdaqGS:SP) dropped from S&P TMI Index

First quarter 2024 earnings: EPS and revenues miss analyst expectations

New minor risk - Earnings quality

Full year 2023 earnings: EPS and revenues miss analyst expectations

SP Plus Corporation Suspends Its Financial Guidance for 2023

SP Plus Corporation to Report Q3, 2023 Results on Nov 01, 2023

Metropolis Technologies, Inc. entered into a definitive agreement to acquire SP Plus Corporation (NasdaqGS:SP) from shareholders for approximately $1.118 billion.

Investor sentiment improves as stock rises 41%

SP Plus Corporation Launches its Bags Branded Remote Airline Check-in at Charleston International Airport

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

New minor risk - Profit margin trend

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

SP Plus Corporation Provides Earnings Guidance for the Full Year 2023

SP Plus Corporation (NasdaqGS:SP) acquired Certain assets from Roker Inc..

SP Plus Corporation to Report Q2, 2023 Results on Aug 02, 2023

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

SP Plus Corporation Reaffirms Earnings Guidance for the Year 2023

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

Chairman notifies of intention to sell stock

Full year 2022 earnings: EPS misses analyst expectations

SP Plus Corporation (NasdaqGS:SP) announces an Equity Buyback for $60 million worth of its shares.

SP Plus Corporation to Report Q4, 2022 Results on Feb 22, 2023

SP Plus Corporation Brings Technology-Based Parking Payment Options to City of New Orleans

President of Airport Division notifies of intention to sell stock

President of Airport Division recently sold US$338k worth of stock

SP Plus Corporation Announces 2023 Leadership Changes to Accelerate Future Growth, With effect from January 1, 2023

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

SP Plus Corporation Affirms Earnings Guidance for the Full Year 2022

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

SP Plus Corporation to Report Q3, 2022 Results on Nov 02, 2022

SP Plus Corporation (NasdaqGS:SP) acquired K M P Associates Limited.

SP Plus Corporation (NasdaqGS:SP) acquired K M P Associates Limited.

SP Plus acquires K M P Associates, including AeroParker

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

President of Airport Division notifies of intention to sell stock

President of Airport Division recently sold US$275k worth of stock

Consensus EPS estimates increase by 10%

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

SP Plus Corporation Revises Earnings Guidance for the Full Year of 2022

SP Plus: A Good Place To Park Your Money

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

SP Plus Corporation to Report Q2, 2022 Results on Aug 03, 2022

SP Plus Corporation (NasdaqGS:SP) announces an Equity Buyback for $60 million worth of its shares.

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

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

SP Plus Corporation Affirms Earnings Guidance for the Full Year 2022

Price target increased to US$49.00

SP Plus Corporation to Report Q1, 2022 Results on May 04, 2022

SP Plus: A Unique Play On Mobility

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

President of Bags notifies of intention to sell stock

SP Plus Corporation Announces Executive Appointments

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

Price target increased to US$49.00

SP Plus Corporation Provides Earnings Guidance for the Full Year of 2022

SP Plus Corporation Announces Executive Changes

SP Plus Corporation to Report Q4, 2021 Results on Feb 23, 2022

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