What is the price target for SP stock?
10 analysts have analysed SP and the average price target is 65.28 USD. This implies a price increase of 20.91% is expected in the next year compared to the current price of 53.99.
SP PLUS CORP (SP) Forecast, Price Target & Analyst Ratings
NASDAQ:SP • US78469C1036
Current stock price
53.99 USD
+0.02 (+0.04%)
At close:
53.99 USD
0 (0%)
After Hours:
Analyst forecast overview
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for SP PLUS CORP (SP).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Jul 31, 2024
- Period
- Q2 / 2024
- EPS Estimate
- $0.75
- Revenue Estimate
- 231.75M
Price Target Details & History
Consensus Price Target and Range
Mean target
$65.28
Upside
+ 20.91%
From current price of $53.99 to mean target of $65.28, Based on 10 analyst forecasts
Low
$64.64
Median
$65.28
High
$67.20
Price Target Revisions
1 Month
0.00%
3 Months
0.00%
Price Target Summary
10 Wall Street analysts provided a forecast for the next 12 months for SP. The average price target is 65.28 USD. This implies a price increase of 20.91% is expected in the next year compared to the current price of 53.99.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
42.00%
SP was analyzed by 10 analysts. The buy percentage consensus is at 42. So analysts seem to be rather negative about SP.
In the previous month the buy percentage consensus was at a similar level.
SP was analyzed by 10 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-10-20 | Barrington Research | Downgrade | Outperform -> Market Perform |
| 2023-10-06 | William Blair | Downgrade | Outperform -> Market Perform |
| 2023-08-17 | Barrington Research | Reiterate | Outperform -> Outperform |
| 2023-05-25 | Barrington Research | Reiterate | Outperform -> Outperform |
| 2023-02-27 | Barrington Research | Maintains | Outperform |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Jul 31, 2024
- Period
- Q2 / 2024
- EPS Estimate
- $0.75
- Revenue Estimate
- 231.75M
- Revenue Q2Q
- 4.72%
- EPS Q2Q
- -3.60%
- Number of Analysts
- 4
Next Earnings Revisions
Revenue (1 Month)
-5.06%
Revenue (3 Months)
-5.46%
EPS (1 Month)
-9.88%
EPS (3 Months)
-15.12%
Next Earnings Summary
SP is expected to report earnings on 7/31/2024. The consensus EPS estimate for the next earnings is 0.75 USD and the consensus revenue estimate is 231.75M USD.
The next earnings revenue estimate has been revised downward by 5.46% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
Full Analyst Estimates 2024 - 2025
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2021 | 2022 | 2023 | 2024 | 2025 | ||
|---|---|---|---|---|---|---|
| Revenue YoY % growth | 1.177B 8.31% | 1.554B 31.97% | 1.782B 14.73% | 975.41M -45.27% | 1.038B 6.42% | |
| EBITDA YoY % growth | 98.4M 96.02% | 120.1M 22.05% | 131.5M 9.49% | 157.92M 20.09% | 173.42M 9.82% | |
| EBIT YoY % growth | 73.3M 250.72% | 90.4M 23.33% | 95.4M 5.53% | 108.15M 13.36% | 120.51M 11.43% | |
| Operating Margin | 6.23% | 5.82% | 5.35% | 11.09% | 11.61% | |
| EPS YoY % growth | 1.92 220.00% | 2.77 44.27% | 2.75 -0.72% | 3.44 25.10% | 4.05 17.66% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q2 / 24 | Q3 / 24 | Q4 / 24 | |
|---|---|---|---|
| EPS Q2Q % growth | 0.75 -3.60% | 0.68 -13.95% | 0.94 56.22% |
| Revenue Q2Q % growth | 231.75M 4.72% | 230.72M 1.02% | 245.14M 12.86% |
| EBITDA Q2Q % growth | 36.05M -15.18% | 33.99M -27.99% | 41.689M -36.74% |
| EBIT Q2Q % growth | 26.78M 5.85% | 24.72M 17.71% | 30.9M 3.69% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
N/A
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
SP PLUS CORP / SP Forecast FAQ
What is the next earnings date for SP stock?
SP PLUS CORP (SP) will report earnings on 2024-07-31, after the market close.
Can you provide the consensus estimates for SP PLUS CORP next earnings?
The consensus EPS estimate for the next earnings of SP PLUS CORP (SP) is 0.75 USD and the consensus revenue estimate is 231.75M USD.