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STAN: Standard Parking in a Good Spot?
William A. Trent (June 5th, 2008) Writes:
My latest column is up at RealMoney. It marks the last of a several part “wallflower” series on stocks with limited analyst coverage on Wall Street.
Standard Parking (STAN) is a leading national provider of parking facility management services. It provides on-site management services at multilevel and surface parking facilities for all major markets of the parking industry. Its properties span 2,100 locations, containing over one million parking spaces, in over 330 cities across the U.S. and Canada.
The company grows both by acquisitions and by winning new contracts. In the first quarter, Standard Parking completed the acquisition of Chicago’s GO Parking. Recent business wins include valet and self-parking services at the Trump International Hotel and Towers in Chicago and the parking operations at five facilities in Queens, New York, by the Greater Jamaica Development Corp.
Furthermore, because the company offers a wide range of services, it can often expand the business
...Analyst Coverage, Contraction, Current Market News, Earnings Conference, Earnings Per Share, Example Management, Facility Management Services, Financial Position, Growth Opportunities, Institutional Investors, Leading National Provider, Parking Spaces, Queens New York, Realmoney, Return On Equity, Site Management Services, Stocks to Watch, Trump International Hotel, Trump International Hotel And Towers, Valet Parking, Valuation Levels, William Trent
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