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, implying potential capital gains of 43.95 percent. The lowest price target was 36, which equates to a potential downside 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. 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.
Analysts estimate earnings of SP to grow at a rate of 22.3 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. SP has a PEG ratio of 1.13.
In the last 52-weeks, SP has achieved a high of 38.55 and a 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's next earnings release will be on 0000-00-00, which is days away.