Barchart.com's Chart of the Day - SP Plus
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 SP - SP Plus Corp
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SP43.52-0.38-0.87%

The Barchart Chart of the Day belongs to the vehicle parking company SP Plus (SP). I found the stock by sorting Barchart's New All-Time High list first by the most frequent number of new highs in the last month, then I used the Flipchart function to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 9/9 the stock gained 27.05%.

SP Plus Corporation provides professional parking, ground transportation, facility maintenance, security and event logistics services to property owners and managers in all markets of the real estate industry. The Company also provides a range of ancillary services, such as airport shuttle operations, taxi and livery dispatch services and municipal meter revenue collection and enforcement services. Its clients include owners of office building complexes, shopping centers, sports complexes, hotels, hospitals, and various airports. SP Plus Corporation, formerly known as Standard Parking Corporation, is based in United States.

SP

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.

Barchart technical indicators:

  • 100% technical buy signals
  • 52.30+ Weighted Alpha
  • 43.49% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 21.26% in the last month
  • Technical support level at 41.51
  • Recently traded at 45.05 with a 50 day moving average of 37.24

Fundamental factors:

  • Market Cap $1.02 billion
  • P/E 15.16
  • Revenue expected to grow 21.40% this year and another 3.30% next year
  • Earnings estimated to increase 16.70% this year, an additional 5.10% next year and continue to compound at an annual rate of 10.00% for the next 5 years
  • Wall Street analysts issued 3 strong buy and 1 buy recommendation on the stock
  • The individual investors following the stock on Motley Fool voted 105 to 9 that the stock will beat the market
  • 1,061 investors are monitoring the stock on Seeking Alpha