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.
Several price targets were given for SP by the analysts covering the stock. The most optimistic analyst gave a price target of 47, implying a possible profit of 43.95 percent. The lowest price target was 36, implying a possible loss of 10.26 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. 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 made positive revisions to their quarterly estimates over the past month, 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, compared to 0 analysts that revised their FY estimates downwards.
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 people typically see that as an indicator of higher growth relative to stock price. 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.
SP has a 52-week high of 38.55 and a 52-week low of 22.60. Today's price is 44.47 percent above the 52-week low, and below the high by 15.3 percent. 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.