SP Plus Revenue vs. Gross Profit
| SPDelisted Stock | USD 53.99 0.01 0.02% |
For SP Plus profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SP Plus to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SP Plus Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SP Plus's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SP Plus Corp over time as well as its relative position and ranking within its peers.
SP Plus |
SP Plus Corp Gross Profit vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SP Plus's current stock value. Our valuation model uses many indicators to compare SP Plus value to that of its competitors to determine the firm's financial worth. SP Plus Corp is rated fourth in revenue category among its peers. It is rated below average in gross profit category among its peers fabricating about 0.12 of Gross Profit per Revenue. The ratio of Revenue to Gross Profit for SP Plus Corp is roughly 8.13 . Comparative valuation analysis is a catch-all technique that is used if you cannot value SP Plus by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.SP Plus Revenue vs. Competition
SP Plus Corp is rated fourth in revenue category among its peers. Market size based on revenue of Industrials industry is at this time estimated at about 49.17 Billion. SP Plus holds roughly 1.78 Billion in revenue claiming about 4% of equities under Industrials industry.
SP Plus Gross Profit vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
SP Plus |
| = | 1.78 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
SP Plus |
| = | 219.3 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
SP Plus Gross Profit Comparison
SP Plus is currently under evaluation in gross profit category among its peers.
SP Plus Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SP Plus, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SP Plus will eventually generate negative long term returns. The profitability progress is the general direction of SP Plus' change in net profit over the period of time. It can combine multiple indicators of SP Plus, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
SP Plus Corporation provides mobility solutions, parking management, ground transportation, baggage, and other ancillary services in North America. SP Plus Corporation was founded in 1929 and is headquartered in Chicago, Illinois. SP Plus operates under Specialty Business Services classification in the United States and is traded on NASDAQ Exchange. It employs 10800 people.
SP Plus Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SP Plus. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of SP Plus position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the SP Plus' important profitability drivers and their relationship over time.
Use SP Plus in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SP Plus position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SP Plus will appreciate offsetting losses from the drop in the long position's value.SP Plus Pair Trading
SP Plus Corp Pair Trading Analysis
The ability to find closely correlated positions to SP Plus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SP Plus when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SP Plus - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SP Plus Corp to buy it.
The correlation of SP Plus is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SP Plus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SP Plus Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SP Plus can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your SP Plus position
In addition to having SP Plus in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Large Cap ETFs Thematic Idea Now
Large Cap ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Large Cap ETFs theme has 583 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Large Cap ETFs Theme or any other thematic opportunities.
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Other Consideration for investing in SP Plus Stock
If you are still planning to invest in SP Plus Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the SP Plus' history and understand the potential risks before investing.
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