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SP Plus Corp SP

Morningstar Rating
$51.00 +0.34 (0.67%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

SP is trading at a 4% discount.
Price
$50.77
Fair Value
$41.94
Uncertainty
Very High
1-Star Price
$88.91
5-Star Price
$13.25
Economic Moat
Ghgbnns
Capital Allocation
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News

Trading Information

Previous Close Price
$50.66
Day Range
$50.9551.27
52-Week Range
$31.5252.40
Bid/Ask
$50.97 / $51.86
Market Cap
$1.00 Bil
Volume/Avg
299,333 / 277,856

Key Statistics

Price/Earnings (Normalized)
18.72
Price/Sales
0.58
Dividend Yield
Dividend Yield (Forward)
Total Yield
3.31%

Company Profile

SP Plus Corp Provides parking management, ground transportation, and other ancillary services to commercial, institutional, and municipal clients in urban markets and airports across the United States, Canada, and Puerto Rico. Its services include a comprehensive set of on-site parking management and ground transportation services, In addition, the company also provides a range of ancillary services such as airport and municipal shuttle operations, valet services, taxi and livery dispatch services, and municipal meter revenue collection and enforcement services. Its reportable segments are Commercial and Aviation. The company generates a majority of its revenue from the Commercial segment.
Sector
Industrials
Industry
Specialty Business Services
Stock Style Box
Small Core
Total Number of Employees
19,000

Valuation

Metric
SP
Price/Earnings (Normalized)
18.72
Price/Book Value
3.95
Price/Sales
0.58
Price/Cash Flow
11.05
Price/Earnings
SP

Financial Strength

Metric
SP
Quick Ratio
0.65
Current Ratio
0.69
Interest Coverage
2.93
Quick Ratio
SP

Profitability

Metric
SP
Return on Assets (Normalized)
4.80%
Return on Equity (Normalized)
22.85%
Return on Invested Capital (Normalized)
9.18%
Return on Assets
SP

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