Sentiment Report: Specialty Laboratories Inc (NASDAQ:SP)

June 15, 2018 - By Louis Casey

Sentiment for Specialty Laboratories Inc (NASDAQ:SP)

Specialty Laboratories Inc (NASDAQ:SP) institutional sentiment decreased to 0.87 in Q1 2018. Its down -0.47, from 1.34 in 2017Q4. The ratio turned negative, as 72 institutional investors opened new or increased equity positions, while 83 cut down and sold their positions in Specialty Laboratories Inc. The institutional investors in our partner’s database now have: 21.61 million shares, up from 21.39 million shares in 2017Q4. Also, the number of institutional investors holding Specialty Laboratories Inc in their top 10 equity positions decreased from 2 to 1 for a decrease of 1. Sold All: 20 Reduced: 63 Increased: 53 New Position: 19.

SP Plus Corporation provides parking management, ground transportation, and other ancillary services to commercial, institutional, and municipal clients in the United States, Puerto Rico, and Canada. The company has market cap of $854.18 million. It offers facility maintenance, event logistics, training, scheduling, and supervising of service personnel. It has a 20.9 P/E ratio. The firm also provides customer service, marketing, and accounting and revenue control functions to facilitate the operation of its clients' facilities or events.

The stock increased 0.66% or $0.25 during the last trading session, reaching $38.25. About 45,400 shares traded. SP Plus Corporation (NASDAQ:SP) has risen 22.56% since June 15, 2017 and is uptrending. It has outperformed by 9.99% the S&P500.

Analysts await SP Plus Corporation (NASDAQ:SP) to report earnings on August, 7. They expect $0.68 EPS, up 28.30 % or $0.15 from last year’s $0.53 per share. SP’s profit will be $15.19M for 14.06 P/E if the $0.68 EPS becomes a reality. After $0.39 actual EPS reported by SP Plus Corporation for the previous quarter, Wall Street now forecasts 74.36 % EPS growth.

Lionstone Capital Management Llc holds 6.74% of its portfolio in SP Plus Corporation for 418,131 shares. Bernzott Capital Advisors owns 857,705 shares or 3.97% of their US portfolio. Moreover, P2 Capital Partners Llc has 3.88% invested in the company for 1.12 million shares. The Florida-based Dudley & Shanley Inc. has invested 3.47% in the stock. Camarda Financial Advisors Llc, a Florida-based fund reported 30,880 shares.

More news for SP Plus Corporation (NASDAQ:SP) were recently published by: Money.Cnn.com, which released: “Dow tumbles nearly 400 points on Italy fears and US-China trade tensions” on May 30, 2018. Globenewswire.com‘s article titled: “Recent Analysis Shows Engility, La Jolla Pharmaceutical, Freshpet, At Home Group, Denny’s, and SP Plus Market …” and published on May 21, 2018 is yet another important article.

SP Plus Corporation (NASDAQ:SP) Institutional Positions Chart

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