Analyst Ratings for SP Plus Corp. (SP)Updated: 2017-07-28
An average rating of Buy has been given to SP Plus Corp. (NASDAQ:SP) by analysts covering the stock. A consensus rating of Buy was previously issued for SP last month.
Of the 4 analysts covering the stock, 4 gave it a buy rating, 0 issued an overweight rating, 0 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
SP was given price targets by several analysts. The highest price target was 47, which equates to a potential upside of 43.95 percent. The lowest price target was 36, implying potential capital losses of 10.26 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -4.55 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.95 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
SP has an estimated earnings growth rate of 22.3 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of SP is 1.13.
In the trailing 52-weeks, SP hit 38.55 at the highest peak, while it's lowest trading point was 22.60. The current market price is above the trailing year's low by 44.47 percent, and below the high by 15.3 percent. SP has a P/E ratio of 25.12. Investors typically compare the P/E ratio to a company's peers in the industry. The SP value stock report compares SP to some of its peers using value stock charts. The market cap of SP is $0.72813 billion. SP will post this quarters earnings in days, on 0000-00-00.