SP Plus Corp (SP) Analysts See $0.42 EPS

October 13, 2017 - By Henry Gaston

 SP Plus Corp (SP) Analysts See $0.42 EPS
Investors sentiment increased to 3.38 in 2017 Q2. Its up 1.67, from 1.71 in 2017Q1. It improved, as 11 investors sold SP Plus Corp shares while 21 reduced holdings. 43 funds opened positions while 65 raised stakes. 42.21 million shares or 155.45% more from 16.52 million shares in 2017Q1 were reported.
Moreover, Atria Invests has 0.02% invested in SP Plus Corp (NASDAQ:SP). California State Teachers Retirement System stated it has 30,838 shares. Venator Cap Mgmt stated it has 102,968 shares. Citigroup owns 252 shares. Fmr Ltd Liability Com invested in 350,000 shares or 0% of the stock. Mufg Americas invested in 0% or 160 shares. Acadian Asset Limited Co stated it has 5,748 shares. Metropolitan Life Insur Co reported 12,228 shares. Ameriprise reported 62,413 shares. Tudor Investment Et Al reported 12,498 shares or 0.01% of all its holdings. Renaissance Techs Limited Liability Co invested in 0.02% or 428,500 shares. Thrivent Finance For Lutherans owns 87,750 shares. Lionstone Mngmt Ltd Liability Corporation has invested 10.19% in SP Plus Corp (NASDAQ:SP). Indexiq Ltd holds 14,017 shares or 0.02% of its portfolio. Wedge Cap Mngmt L Lp Nc holds 623,290 shares or 0.18% of its portfolio.

Wall Street await SP Plus Corp (NASDAQ:SP) to release earnings on November, 1. Analysts forecast EPS of $0.42, up exactly $0.05 or 13.51 % from 2014’s $0.37 EPS. The expected SP’s profit could reach $9.45M giving the stock 24.11 P/E in the case that $0.42 earnings per share is reported. After posting $0.53 EPS for the previous quarter, SP Plus Corp’s analysts now forecast -20.75 % negative EPS growth. The stock decreased 0.74% or $0.3 during the last trading session, reaching $40.5. About 90,358 shares traded. SP Plus Corp (NASDAQ:SP) has risen 33.01% since October 14, 2016 and is uptrending. It has outperformed by 16.31% the S&P500.

SP Plus Corp (NASDAQ:SP) Ratings Coverage

Among 2 analysts covering SP Plus (NASDAQ:SP), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. SP Plus had 2 analyst reports since September 4, 2015 according to SRatingsIntel. On Monday, November 9 the stock rating was maintained by Barrington Research with “Outperform”. The rating was maintained by UBS with “Buy” on Friday, September 4.

SP Plus Corporation is a provider of parking management, ground transportation and other ancillary services to commercial, institutional and municipal clients in the United States, Puerto Rico and Canada. The company has market cap of $911.56 million. The Company’s divisions include Region One (Urban), Region Two (Airport transportation), Region Three and Other. It has a 23.46 P/E ratio. Region One (Urban) encompasses its services in healthcare facilities, municipalities, including government facilities, hotels, commercial real estate, residential communities, retail, colleges and universities, as well as ancillary services such as shuttle and transportation services, valet services, taxi and livery dispatch services.

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