Sp Plus Corp Stock Performance
SP Stock | USD 51.97 0.01 0.02% |
SP Plus has a performance score of 5 on a scale of 0 to 100. The entity owns a Beta (Systematic Risk) of 0.0817, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SP Plus' returns are expected to increase less than the market. However, during the bear market, the loss of holding SP Plus is expected to be smaller as well. SP Plus Corp at this moment owns a risk of 0.34%. Please validate SP Plus Corp value at risk, and the relationship between the standard deviation and kurtosis , to decide if SP Plus Corp will be following its current price history.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in SP Plus Corp are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable basic indicators, SP Plus is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more
Actual Historical Performance (%)
One Day Return 0.0192 | Five Day Return 0.0578 | Year To Date Return 0.6 | Ten Year Return 101.75 | All Time Return 1 K |
Last Split Factor 2:1 | Last Split Date 2008-01-18 |
1 | SP Plus Now Covered by StockNews.com | 01/11/2024 |
2 | SP Plus Corporation Announces Fourth Quarter and Full-Year 2023 Results | 02/27/2024 |
3 | 5,692 Shares in SP Plus Co. Purchased by MQS Management LLC | 02/29/2024 |
4 | SP Plus Receives New Coverage from Analysts at StockNews.com - Defense World | 03/12/2024 |
5 | MK Stalin labels electoral bonds BJPs white-collar corruption, yet corruption finds shelter in DMKs hefty fund | 03/18/2024 |
6 | rsrapport 2023 SP Group AS | 03/21/2024 |
7 | Indberetning af ledende medarbejderes og disses nrtstendes transaktioner i SP Group AS | 03/22/2024 |
8 | UBS AG UK Regulatory Announcement UBS Group AG and Apollo conclude investment management and transition services agreements as final step in carve-out of former... | 03/27/2024 |
Begin Period Cash Flow | 12.4 M |
SP Plus |
SP Plus Relative Risk vs. Return Landscape
If you would invest 5,125 in SP Plus Corp on December 29, 2023 and sell it today you would earn a total of 72.00 from holding SP Plus Corp or generate 1.4% return on investment over 90 days. SP Plus Corp is generating 0.0234% of daily returns and assumes 0.3385% volatility on return distribution over the 90 days horizon. Put differently, 2% of stocks are less risky than SP Plus on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
Risk |
SP Plus Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SP Plus' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as SP Plus Corp, and traders can use it to determine the average amount a SP Plus' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0692
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Estimated Market Risk
0.34 actual daily | 3 97% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average SP Plus is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SP Plus by adding it to a well-diversified portfolio.
SP Plus Fundamentals Growth
SP Plus Stock prices reflect investors' perceptions of the future prospects and financial health of SP Plus, and SP Plus fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on SP Plus Stock performance.
Return On Equity | 0.15 | ||||
Return On Asset | 0.0505 | ||||
Current Valuation | 1.58 B | ||||
Shares Outstanding | 19.8 M | ||||
Price To Earning | 15.79 X | ||||
Price To Book | 4.10 X | ||||
Price To Sales | 1.17 X | ||||
Revenue | 1.78 B | ||||
Gross Profit | 219.3 M | ||||
EBITDA | 132.5 M | ||||
Net Income | 31.1 M | ||||
Cash Per Share | 0.63 X | ||||
Debt To Equity | 2.21 % | ||||
Current Ratio | 0.61 X | ||||
Cash Flow From Operations | 55.8 M | ||||
Earnings Per Share | 1.57 X | ||||
Total Asset | 1.15 B | ||||
Retained Earnings | 104.7 M | ||||
Current Asset | 150 M | ||||
About SP Plus Performance
To evaluate SP Plus Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when SP Plus generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare SP Plus Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand SP Plus Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents SP Plus's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Last Reported | Projected for 2024 | ||
Return On Capital Employed | 0.12 | 0.08 | |
Return On Assets | 0.03 | 0.03 | |
Return On Equity | 0.12 | 0.12 |
Things to note about SP Plus Corp performance evaluation
Checking the ongoing alerts about SP Plus for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for SP Plus Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.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. | |
SP Plus Corp has a strong financial position based on the latest SEC filings | |
Over 96.0% of SP Plus shares are owned by institutional investors | |
Latest headline from businesswire.com: UBS AG UK Regulatory Announcement UBS Group AG and Apollo conclude investment management and transition services agreements as final step in carve-out of former Credit Suisse Securitized Products business, Atlas SP |
- Analyzing SP Plus' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether SP Plus' stock is overvalued or undervalued compared to its peers.
- Examining SP Plus' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating SP Plus' management team can have a significant impact on its success or failure. Reviewing the track record and experience of SP Plus' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SP Plus' stock. These opinions can provide insight into SP Plus' potential for growth and whether the stock is currently undervalued or overvalued.
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. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for SP Plus Stock analysis
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.