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SP / SP Plus: Fundamentals Say One Thing, The Market Says Another

SP Plus: Fundamentals Say One Thing, The Market Says Another
SP Plus, a company that provides parking meter collection and other parking enforcement services, has seen strong growth in sales but a struggling stock price. Despite recent weakness in net income and operating cash flow, management forecasts significant growth in earnings per share and EBITDA for the 2023 fiscal year. The company's shares appear undervalued, and the author maintains a "buy" rating due to the positive outlook and attractive valuation. Read More
Posted: Jun 1 2023, 17:00
Author Name: Seeking Alpha
Views: 111497

SP News  

Fast-paced Momentum Stock SP Plus (SP) Is Still Trading at a Bargain

By Zacks Investment Research
October 25, 2023

Fast-paced Momentum Stock SP Plus (SP) Is Still Trading at a Bargain

SP Plus (SP) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gain more_horizontal

Why Fast-paced Mover SP Plus (SP) Is a Great Choice for Value Investors

By Zacks Investment Research
October 9, 2023

Why Fast-paced Mover SP Plus (SP) Is a Great Choice for Value Investors

SP Plus (SP) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable more_horizontal

SP Plus (SP) is on the Move, Here's Why the Trend Could be Sustainable

By Zacks Investment Research
October 6, 2023

SP Plus (SP) is on the Move, Here's Why the Trend Could be Sustainable

If you are looking for stocks that are well positioned to maintain their recent uptrend, SP Plus (SP) could be a great choice. It is one of the severa more_horizontal

Strength Seen in SP Plus (SP): Can Its 44.7% Jump Turn into More Strength?

By Zacks Investment Research
October 6, 2023

Strength Seen in SP Plus (SP): Can Its 44.7% Jump Turn into More Strength?

SP Plus (SP) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the st more_horizontal

Why Sp Plus Stock Blasted 45% Higher Today

By The Motley Fool
October 5, 2023

Why Sp Plus Stock Blasted 45% Higher Today

The company is being acquired in a go-private transaction. If all goes well, its new owner will be Metropolis Technologies. more_horizontal

Why SP Plus Stock Skyrocketed 42% This Week

By The Motley Fool
October 5, 2023

Why SP Plus Stock Skyrocketed 42% This Week

On Thursday, SP Plus announced it has agreed to be acquired by Metropolis for $54 per share, a 52% premium from Wednesday's close. The deal is still s more_horizontal

SP Plus to be taken private by Metropolis Technologies for $1.5B

By Market Watch
October 5, 2023

SP Plus to be taken private by Metropolis Technologies for $1.5B

Metropolis Technologies Inc. said Thursday it would pay $54 a share for SP Plus Corp. SP, +0.14% in a take-private deal that values the parking facili more_horizontal

SP Plus (SP) Loses -11.34% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

By Zacks Investment Research
September 13, 2023

SP Plus (SP) Loses -11.34% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

The heavy selling pressure might have exhausted for SP Plus (SP) as it is technically in oversold territory now. In addition to this technical measure more_horizontal


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