Vance Johnston - SP Plus CFO, Executive VP and Treasurer

SP Stock  USD 50.21  0.47  0.93%   

CFO

Mr. Vance C. Johnston is no longer as Chief Financial Officer, Executive Vice President, Treasurer of the Company. Effective April 18, 2019Prior to joining our company, Mr. Johnston held various positions with Furniture Brands International, Inc. since March 2010, including chief financial officer from May 2012 to December 2013, and he was chief financial officer of Furniture Brands when it filed for protection under Chapter 11 of the bankruptcy code on September 9, 2013. Prior to Furniture Brands, he was chief financial officer for Miami Jewish Health Systems from March 2009 through March 2010, and vice president, corporate strategy at Royal Caribbean Cruises, Ltd. from December 2005 through August 2009. Mr. Johnston has also held various positions in strategy, finance and operations with OfficeMax, Inc. from 2002 to 2005 and Burger King Corporationration from 2001 to 2002. He began his career at KPMG and is a Certified Public Accountant
Age 47
Professional MarksMBA
Address 200 East Randolph Street, Chicago, IL, United States, 60601-7702
Phone312 274 2000
Webhttps://www.spplus.com
Johnston holds a B.S. degree from University of San Diego and an M.B.A. degree from the University of Chicago’s Booth School of Management.

SP Plus Management Efficiency

The company has Return on Asset (ROA) of 0.0505 % which means that for every $100 of assets, it generated a profit of $0.0505. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.1457 %, which means that it produced $0.1457 on every 100 dollars invested by current stockholders. SP Plus' management efficiency ratios could be used to measure how well SP Plus manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/23/2024, Return On Assets is likely to grow to 0.03, while Return On Tangible Assets are likely to drop 0.03. At this time, SP Plus' Non Current Liabilities Other is relatively stable compared to the past year. As of 04/23/2024, Change To Liabilities is likely to grow to about 17.8 M, while Total Current Liabilities is likely to drop slightly above 182.7 M.
The company reports 566.3 M of total liabilities with total debt to equity ratio (D/E) of 2.21, which may imply that the company relies heavily on debt financing. SP Plus Corp has a current ratio of 0.6, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist SP Plus until it has trouble settling it off, either with new capital or with free cash flow. So, SP Plus' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SP Plus Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SP Plus to invest in growth at high rates of return. When we think about SP Plus' use of debt, we should always consider it together with cash and equity.

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SP Plus Corporation provides mobility solutions, parking management, ground transportation, baggage, and other ancillary services in North America. SP Plus Corporation was founded in 1929 and is headquartered in Chicago, Illinois. SP Plus operates under Specialty Business Services classification in the United States and is traded on NASDAQ Exchange. It employs 10800 people. SP Plus Corp (SP) is traded on NASDAQ Exchange in USA. It is located in 200 East Randolph Street, Chicago, IL, United States, 60601-7702 and employs 13,100 people. SP Plus is listed under Environmental & Facilities Services category by Fama And French industry classification.

Management Performance

SP Plus Corp Leadership Team

Elected by the shareholders, the SP Plus' board of directors comprises two types of representatives: SP Plus inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SP Plus. The board's role is to monitor SP Plus' management team and ensure that shareholders' interests are well served. SP Plus' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, SP Plus' outside directors are responsible for providing unbiased perspectives on the board's policies.
Paul Halpern, Independent Director
Robert Roath, Independent Chairman of the Board
Keith Evans, Executive Vice President - Strategy and Process
Thomas Hagerman, Executive Vice President Chief Business Development Officer
Hector Chevalier, Executive VP of Operations
James Wilhelm, CEO, Director
Seth Hollander, Director
Dave Lombardi, Chief Division
Wenyu Blanchard, Chief Secretary
Bob Reiser, President Airports
Douglas Waggoner, Independent Director
Jill Nagel, Communications Mang
Karen Garrison, Independent Director
Steven Warshauer, Executive Vice President - Operations
Vance Johnston, CFO, Executive VP and Treasurer
Christopher Sherman, President Division
Marc Baumann, CEO and President and Director
Connie Jin, Senior Development
William Bodenhamer, Executive VP of Hospitality Division
Ritu Vig, President Division
Gregory Reid, Independent Director
Gary Roberts, Corporate VP
Robert Miles, President Bags
Jason Finch, President Airports
Alice Peterson, Director
Gordon Woodward, Independent Director
Wyman Roberts, Independent Director
Robert Toy, Executive Vice President - Operations
Gerard Klaisle, Chief Admin. Officer and Executive VP
John Ricchiuto, Executive Vice President - Operations
Kristopher Roy, CFO and Principal Financial Officer, Senior Vice President and Corporate Controller
James Buczek, Chief Division
Jonathan Ward, Independent Director
Jeff Eckerling, Chief Officer
Colleen Kozak, Chief Officer
Robert Sacks, Executive Vice President General Counsel, Secretary

SP Plus Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is SP Plus a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SP Plus in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SP Plus' short interest history, or implied volatility extrapolated from SP Plus options trading.

Currently Active Assets on Macroaxis

When determining whether SP Plus Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SP Plus Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Sp Plus Corp Stock. Highlighted below are key reports to facilitate an investment decision about Sp Plus Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Plus Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
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When running SP Plus' price analysis, check to measure SP Plus' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SP Plus is operating at the current time. Most of SP Plus' value examination focuses on studying past and present price action to predict the probability of SP Plus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SP Plus' price. Additionally, you may evaluate how the addition of SP Plus to your portfolios can decrease your overall portfolio volatility.
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Is SP Plus' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SP Plus. If investors know SP Plus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SP Plus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.74)
Earnings Share
1.57
Revenue Per Share
44.899
Quarterly Revenue Growth
0.052
Return On Assets
0.0505
The market value of SP Plus Corp is measured differently than its book value, which is the value of SP Plus that is recorded on the company's balance sheet. Investors also form their own opinion of SP Plus' value that differs from its market value or its book value, called intrinsic value, which is SP Plus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SP Plus' market value can be influenced by many factors that don't directly affect SP Plus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SP Plus' value and its price as these two are different measures arrived at by different means. Investors typically determine if SP Plus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP Plus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.