What is the price-to-earnings ratio of SP Plus?
The price-earnings ratio of SP Plus is currently 15.68.
SP Plus P/E 2024
SP Plus P/E
15.68
SP Plus Dividend yield
Ticker
SP
ISIN
US78469C1036
WKN
A1W90C
As of May 21, 2024, SP Plus's P/E ratio was 15.68, a -32.33% change from the 23.17 P/E ratio recorded in the previous year.
The SP Plus P/E history
SP Plus Aktienanalyse
What does SP Plus do?
SP Plus Corp. is a leading company in the field of parking management and operates approximately 4,200 parking garages and 2.5 million parking spaces in North America. The company was founded in 1929 as Standard Parking and has since become one of the largest providers of parking services, with the goal of simplifying people's lives and work. The company is headquartered in Chicago and employs more than 23,000 employees in the United States and Canada. The business model of SP Plus Corp is based on the leasing and management of parking lots and garages. The company takes over the planning, construction, and renovation of parking facilities, as well as their maintenance and repair. The company primarily works for private and public clients such as shopping centers, office buildings, hotels, airports, and municipalities. SP Plus Corp divides its services into three main categories: Parking Solutions, Transportation Solutions, and Event Logistics. Parking Solutions includes parking management, such as parking lot management for events, rental of parking spaces, placement of employees for parking services, repair work, and the development of parking strategies. Transportation Solutions focuses on traffic management for cities, airports, universities, and government institutions. The company offers park-and-ride solutions, construction of roads and sidewalks, bicycle rentals, and shuttle services for people. Event Logistics is responsible for parking and traffic management at events such as concerts, sports events, trade shows, or promotional events. The company takes care of the traffic concept and the organization of parking operations to ensure maximum efficiency and safety. In addition to its core business, SP Plus Corp also offers additional services. One example is the development and implementation of environmentally friendly strategies for the parking industry. The company also offers a cloud-based technology system that helps customers with parking management, including a mobile app that provides SSL encryption, user profiling, and GPS tracking. Overall, SP Plus Corp is a company with comprehensive expertise in the parking industry, meeting the needs of its customers in terms of parking, traffic, and event management. Answer: SP Plus Corp is a leading company in the field of parking management with headquarters in Chicago. It operates 4,200 parking garages and 2.5 million parking spaces in North America. The company offers services such as parking management for events, transportation solutions, and event logistics. In addition, it provides environmentally friendly strategies and a cloud-based technology system for parking management. SP Plus ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering SP Plus's P/E Ratio
The Price to Earnings (P/E) Ratio of SP Plus is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing SP Plus's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of SP Plus is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in SP Plus’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about SP Plus Stock
How has the price-earnings ratio of SP Plus changed compared to last year?
The price-to-earnings ratio of SP Plus has increased by -32.33% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of SP Plus high compared to other companies?
Yes, the price-to-earnings ratio of SP Plus is high compared to other companies.
How does an increase in the price-earnings ratio of SP Plus affect the company?
An increase in the price-earnings ratio of SP Plus would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of SP Plus affect the company?
A decrease in the price-earnings ratio of SP Plus would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of SP Plus?
Some factors that influence the price-earnings ratio of SP Plus are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does SP Plus pay?
Over the past 12 months, SP Plus paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, SP Plus is expected to pay a dividend of 0 USD.
What is the dividend yield of SP Plus?
The current dividend yield of SP Plus is .
When does SP Plus pay dividends?
SP Plus pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of SP Plus?
SP Plus paid dividends every year for the past 0 years.
What is the dividend of SP Plus?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is SP Plus located?
SP Plus is assigned to the 'Industry' sector.
Wann musste ich die Aktien von SP Plus kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of SP Plus from 5/21/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 5/21/2024.
When did SP Plus pay the last dividend?
The last dividend was paid out on 5/21/2024.
What was the dividend of SP Plus in the year 2023?
In the year 2023, SP Plus distributed 0 USD as dividends.
In which currency does SP Plus pay out the dividend?
The dividends of SP Plus are distributed in USD.
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Andere Kennzahlen von SP Plus
Our stock analysis for SP Plus Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of SP Plus Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
