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.
Investment analysts gave a few price targets for SP. The maximum price target given was 47, implying potential capital gains of 43.95 percent. The most pessimistic price target was 36, which equates to a potential downside of 10.26 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -4.55 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 0.95 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
SP has an estimated earnings growth rate of 22.3 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. SP has a PEG ratio of 1.13.
SP has a 52-week high of 38.55 and a 52-week low of 22.60. Currently the stock is 44.47 percent higher than its low, and 15.3 percent below the high. SP has a price/earnings 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 stock has a market capitalization of $0.72813 billion. SP will post this quarters earnings in days, on 0000-00-00.