Spartan Motors Company Profile (NASDAQ:SPAR)

About Spartan Motors

Spartan Motors logoSpartan Motors, Inc. is an engineer and manufacturer in the heavy-duty, custom vehicles marketplace. The Company operates through three segments: Emergency Response Vehicles, Delivery and Service Vehicles, and Specialty Chassis and Vehicles. The Company's Emergency Response Vehicles segment engineers and manufactures emergency response chassis, emergency response bodies and aerial equipment. The Delivery and Service Vehicles segment manufactures delivery and service vehicles through the Company's subsidiary, Utilimaster Corporation (Utilimaster). The Company's Specialty Chassis and Vehicles segment consists of the operations of Spartan Motors Chassis, Inc. (Spartan Chassis) that engineer and manufacture motor home chassis, defense vehicles and other specialty chassis, and distribute related aftermarket parts and assemblies. The Company markets its products under brands, such as Spartan ERV, Aeromaster, Trademaster, Metromaster and Utilivan.

Industry, Sector and Symbol:
  • Sector: Auto/Tires/Trucks
  • Industry: Trucks & Other Vehicles
  • Sub-Industry: Auto Parts & Equipment
  • Exchange: NASDAQ
  • Symbol: SPAR
  • CUSIP: 84681910
Key Metrics:
  • Previous Close: $7.05
  • 50 Day Moving Average: $8.34
  • 200 Day Moving Average: $8.95
  • 52-Week Range: $3.29 - $10.50
  • Trailing P/E Ratio: 28.20
  • Foreward P/E Ratio: 13.82
  • P/E Growth: 1.46
  • Market Cap: $242.39M
  • Outstanding Shares: 34,403,000
  • Beta: 1.12
Profitability:
  • Net Margins: -0.30%
  • Return on Equity: 3.85%
  • Return on Assets: 2.34%
Debt:
  • Current Ratio: 1.73%
  • Quick Ratio: 1.09%
Additional Links:
Companies Related to Spartan Motors:

Analyst Ratings

Consensus Ratings for Spartan Motors (NASDAQ:SPAR) (?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $12.00 (70.21% upside)

Analysts' Ratings History for Spartan Motors (NASDAQ:SPAR)
Show:
DateFirmActionRatingPrice TargetDetails
1/25/2017Roth CapitalInitiated CoverageBuy$12.00View Rating Details
7/26/2016Craig HallumInitiated CoverageBuyView Rating Details
11/6/2015Seaport Global SecuritiesDowngradeAccumulate -> Neutral$5.00 -> $4.00View Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Spartan Motors (NASDAQ:SPAR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
2/23/2017Q416$0.02$0.04$138.40 million$145.85 millionViewN/AView Earnings Details
11/3/2016Q316$0.07$0.10$147.30 million$148.66 millionViewN/AView Earnings Details
8/4/2016Q216$0.08$0.19$152.65 million$162.50 millionViewN/AView Earnings Details
5/4/2016Q116($0.05)$0.02$132.40 million$133.70 millionViewN/AView Earnings Details
2/25/2016Q415($0.02)($0.28)$126.60 million$140.60 millionViewListenView Earnings Details
8/5/2015Q215$0.02$0.04$127.95 million$144.80 millionViewN/AView Earnings Details
5/5/2015Q115($0.07)($0.09)$123.55 million$128.40 millionViewN/AView Earnings Details
10/30/2014Q314$0.05$0.09$130.95 million$144.20 millionViewN/AView Earnings Details
8/5/2014Q2($0.05)$0.01$124.12 million$115.80 millionViewN/AView Earnings Details
5/7/2014Q114($0.04)($0.06)$110.17 million$128.00 millionViewN/AView Earnings Details
2/11/2014Q413$0.05($0.09)$130.40 million$126.50 millionViewN/AView Earnings Details
10/29/2013Q313$0.43$0.02$134.27 million$126.10 millionViewN/AView Earnings Details
8/1/2013Q2 2013$0.02$0.02$118.13 million$114.40 millionViewN/AView Earnings Details
5/8/2013Q1 2013($0.05)($0.12)$108.20 million$96.10 millionViewN/AView Earnings Details
2/12/2013Q4 2012$0.03$0.01$112.17 million$124.50 millionViewN/AView Earnings Details
10/30/2012Q312$0.06$0.02$111.90 million$120.30 millionViewN/AView Earnings Details
8/2/2012$0.02$0.08ViewN/AView Earnings Details
5/1/2012$0.02$0.04ViewN/AView Earnings Details
2/14/2012$0.04$0.02ViewN/AView Earnings Details
10/26/2011$0.03$0.10ViewN/AView Earnings Details
7/26/2011($0.02)($0.01)ViewN/AView Earnings Details
4/26/2011$0.02($0.03)ViewN/AView Earnings Details
2/15/2011$0.09$0.11ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Spartan Motors (NASDAQ:SPAR)
Current Year EPS Consensus Estimate: $0.35 EPS
Next Year EPS Consensus Estimate: $0.51 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161($0.01)($0.01)($0.01)
Q2 20162$0.03$0.07$0.05
Q3 20162$0.06$0.09$0.08
Q4 20163$0.02$0.03$0.03
Q1 20172$0.05$0.05$0.05
Q2 20173$0.09$0.12$0.11
Q3 20173$0.11$0.12$0.12
Q4 20173$0.05$0.10$0.07
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Spartan Motors (NASDAQ:SPAR)
Annual Dividend:$0.10
Dividend Yield:1.42%
Payout Ratio:-199.96% (Based on Trailing 12 Months of Earnings)
28.57% (Based on Current Year Consensus EPS Estimate)
19.61% (Based on Next Year Consensus EPS Estimate)

Dividend History for Spartan Motors (NASDAQ:SPAR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/7/2016semiannual$0.051.28%11/10/201611/15/201612/15/2016
5/4/2016semiannual$0.051.98%5/17/20165/19/20166/23/2016
11/5/2015semiannual$0.052.44%11/9/201511/12/201512/17/2015
5/12/2015semiannual$0.052.35%5/19/20155/21/20156/25/2015
10/28/2014semiannual$0.051.93%11/10/201411/13/201412/18/2014
5/7/2014semiannual$0.052.13%5/13/20145/15/20146/19/2014
10/30/2013semiannual$0.051.49%11/12/201311/14/201312/19/2013
10/29/2013quarterly$0.0511/12/201311/14/201312/19/2013
5/9/2013semiannual$0.051.77%5/21/20135/23/20136/27/2013
5/8/2013quarterly$0.055/23/20136/27/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Spartan Motors (NASDAQ:SPAR)
Insider Ownership Percentage: 4.59%
Institutional Ownership Percentage: 67.30%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/10/2016Kenneth KaczmarekDirectorSell3,909$9.08$35,493.72View SEC Filing  
8/9/2016Kenneth KaczmarekDirectorSell21,017$9.12$191,675.04View SEC Filing  
5/10/2016Frederick J SohmCFOBuy5,000$5.65$28,250.00View SEC Filing  
5/10/2016Ronald Edward HarbourDirectorSell2,000$5.89$11,780.00View SEC Filing  
5/9/2016Richard R CurrentDirectorBuy3,083$5.60$17,264.80View SEC Filing  
3/10/2016John W SlawsonInsiderBuy2,600$3.75$9,750.00View SEC Filing  
3/4/2016John W SlawsonInsiderBuy500$3.70$1,850.00View SEC Filing  
3/3/2016Frederick J SohmCFOBuy6,000$3.88$23,280.00View SEC Filing  
3/1/2016Frederick J SohmCFOBuy14,000$3.66$51,240.00View SEC Filing  
3/1/2016Richard F DauchDirectorBuy10,000$3.64$36,400.00View SEC Filing  
8/11/2015Daryl M AdamsCEOBuy18,487$4.79$88,552.73View SEC Filing  
5/13/2015Richard R CurrentDirectorBuy5,705$4.41$25,159.05View SEC Filing  
5/12/2015Daryl M AdamsCEOBuy22,000$4.28$94,160.00View SEC Filing  
3/2/2015John A ForbesInsiderBuy3,000$4.97$14,910.00View SEC Filing  
9/18/2014John A ForbesInsiderBuy3,500$5.35$18,725.00View SEC Filing  
9/3/2014Daryl M AdamsCOOBuy5,000$5.39$26,950.00View SEC Filing  
8/12/2014John E SztykielCEOBuy20,000$4.73$94,600.00View SEC Filing  
6/13/2014John A ForbesInsiderBuy5,000$5.12$25,600.00View SEC Filing  
11/26/2013John SztykielCEOSell15,000$6.53$97,950.00View SEC Filing  
11/5/2013John SztykielCEOSell45,000$6.64$298,800.00View SEC Filing  
8/28/2013John SztykielCEOSell30,000$6.04$181,200.00View SEC Filing  
12/26/2012John E SztykielCEOSell31,494$5.21$164,083.74View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Spartan Motors (NASDAQ:SPAR)
DateHeadline
News IconSpartan Motors, Inc. (SPAR) Issues FY17 Earnings Guidance (NASDAQ:SPAR)
oakridgeobserver.com - February 24 at 10:34 PM
us.rd.yahoo.com logo7:36 am Spartan Motors beats by $0.02, beats on revs; guides FY17 EPS in-line, revs in-line (NASDAQ:SPAR)
us.rd.yahoo.com - February 24 at 10:34 PM
News IconSpartan Motors, Inc. (NASDAQ:SPAR) to Post $0.02 Earnings Per Share: Analysts - Winfield Review (NASDAQ:SPAR)
winfieldreview.com - February 24 at 7:56 AM
News IconStock Spotlight: Looking at the Levels for Spartan Motors, Inc. (NASDAQ:SPAR) - BVN (NASDAQ:SPAR)
bvnewsjournal.com - February 24 at 7:56 AM
prnewswire.com logoSpartan Motors Delivers Strong Fourth Quarter and Full Year 2016 Results - PR Newswire (press release) (NASDAQ:SPAR)
www.prnewswire.com - February 24 at 7:56 AM
News IconBRIEF-Spartan Motors reports Q4 earnings per share $0.03 (NASDAQ:SPAR)
wardsauto.com - February 23 at 8:08 PM
News IconWill Spartan Motors Inc’s (SPAR) Balance Sheet Trouble It During A Downturn? (NASDAQ:SPAR)
simplywall.st - February 23 at 8:08 PM
4-traders.com logoSpartan Motors : beats Street 4Q forecasts (NASDAQ:SPAR)
www.4-traders.com - February 23 at 8:08 PM
News IconSpartan Motors’ Net Income Up 151% in 2016 (NASDAQ:SPAR)
trailer-bodybuilders.com - February 23 at 8:08 PM
seekingalpha.com logoSpartan Motors, Inc. 2016 Q4 - Results - Earnings Call Slides (NASDAQ:SPAR)
seekingalpha.com - February 23 at 8:08 PM
biz.yahoo.com logoQ4 2016 Spartan Motors Inc Earnings Release - Before Market Open (NASDAQ:SPAR)
us.rd.yahoo.com - February 23 at 8:08 PM
us.rd.yahoo.com logoSpartan Motors Delivers Strong Fourth Quarter and Full Year 2016 Results (NASDAQ:SPAR)
us.rd.yahoo.com - February 23 at 8:08 PM
sg.finance.yahoo.com logoSpartan Motors beats Street 4Q forecasts (NASDAQ:SPAR)
sg.finance.yahoo.com - February 23 at 8:08 PM
biz.yahoo.com logoSPARTAN MOTORS INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibi (NASDAQ:SPAR)
biz.yahoo.com - February 23 at 8:08 PM
News IconSpartan Motors opts out of USPS prototype program (NASDAQ:SPAR)
rvdailyreport.com - February 22 at 8:09 PM
News IconBRIEF-Spartan Motors' utilimaster seeks withdrawal from USPS next generation delivery vehicle program as body builder (NASDAQ:SPAR)
wardsauto.com - February 22 at 9:58 AM
News IconSpartan to Opt Out of Postal Service Project (NASDAQ:SPAR)
www.rvbusiness.com - February 22 at 9:58 AM
News IconSpartan Motors’ Withdraws From Postal Service Next Generation Vehicle Program (NASDAQ:SPAR)
postalemployeenetwork.com - February 22 at 9:58 AM
4-traders.com logoSPARTAN MOTORS, INC. (NASDAQ:SPAR) Files An 8-K Other Events (NASDAQ:SPAR)
www.4-traders.com - February 22 at 9:58 AM
News IconBustling Stock in Focus: Spartan Motors, Inc. (NASDAQ:SPAR) - Aiken Advocate (NASDAQ:SPAR)
aikenadvocate.com - February 21 at 4:59 PM
News IconTurbulence Hits These Shares as Volume Spikes: Spartan Motors, Inc. (NASDAQ:SPAR) - Aiken Advocate (NASDAQ:SPAR)
aikenadvocate.com - February 21 at 4:59 PM
marketexclusive.com logoSPARTAN MOTORS, INC. (NASDAQ:SPAR) Files An 8-K Other Events - Market Exclusive (NASDAQ:SPAR)
marketexclusive.com - February 21 at 4:59 PM
finance.yahoo.com logoSpartan Motors' Utilimaster Seeks Withdrawal from USPS Next Generation Delivery Vehicle Program as Body Builder (NASDAQ:SPAR)
finance.yahoo.com - February 21 at 4:59 PM
finance.yahoo.com logo7:42 am Spartan Motors has stopped development on the USPS Next Generation Delivery Vehicle Program as a prime contractor in the functional prototype development project and has sought withdrawal from the USPS (NASDAQ:SPAR)
finance.yahoo.com - February 21 at 4:59 PM
biz.yahoo.com logoSPARTAN MOTORS INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:SPAR)
biz.yahoo.com - February 21 at 4:59 PM
News IconStock Check for Spartan Motors Inc. (SPAR) - BVN (NASDAQ:SPAR)
bvnewsjournal.com - February 17 at 7:29 PM
News IconSpartan ERV Adds New Iowa-Based Dealer (NASDAQ:SPAR)
www.firehouse.com - February 16 at 7:41 PM
News IconLooking at the Gauges on Spartan Motors Inc. (SPAR) - BVN (NASDAQ:SPAR)
bvnewsjournal.com - February 15 at 6:07 AM
finance.yahoo.com logoSpartan Motors Conference Call and Webcast of Fourth-Quarter and Full-Year 2016 Results Scheduled for February 23 (NASDAQ:SPAR)
finance.yahoo.com - February 15 at 6:07 AM
finance.yahoo.com logoSpartan Motors Launches New Cargo Van and Fleet Upfit Facility in Kansas City (NASDAQ:SPAR)
finance.yahoo.com - February 15 at 6:07 AM
realistinvestor.com logoDeferred Tax Assets Of Spartan Motors, Inc. (NASDAQ:SPAR) At $3.164 Millions - RealistInvestor.com (NASDAQ:SPAR)
www.realistinvestor.com - February 6 at 8:18 AM
News IconAs Spartan Motors INC (SPAR) Share Price Rose, Shareholder Eam Investors LLC Lifted Its Position (NASDAQ:SPAR)
randolphguide.com - February 4 at 2:12 AM
News IconYieldBoost Spartan Motors To 12.4% Using Options (NASDAQ:SPAR)
www.stockoptionschannel.com - February 1 at 5:47 AM
capitalcube.com logoSpartan Motors, Inc. breached its 50 day moving average in a Bullish Manner : SPAR-US : January 30, 2017 (NASDAQ:SPAR)
www.capitalcube.com - January 30 at 10:05 PM
News IconRowe Price reports 4th-qtr outflows, shares slide (NASDAQ:SPAR)
xboxonezone.com - January 27 at 3:47 AM
finance.yahoo.com logoCoverage initiated on Spartan Motors by ROTH Capital (NASDAQ:SPAR)
finance.yahoo.com - January 26 at 5:52 AM
News IconSpartan Touts APS Safety Technology in Tampa (NASDAQ:SPAR)
www.rvbusiness.com - January 22 at 12:41 AM
finance.yahoo.com logoSpartan Motors Showcases Its Industry-First Driver Safety Technology with Crash Mitigation Demonstration at Florida RV SuperShow (NASDAQ:SPAR)
finance.yahoo.com - January 20 at 6:48 AM
marketexclusive.com logoSPARTAN MOTORS, INC. (NASDAQ:SPAR) Files An 8-K Completion of Acquisition or Disposition of Assets (NASDAQ:SPAR)
marketexclusive.com - January 9 at 8:05 AM
biz.yahoo.com logoSPARTAN MOTORS INC Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Financial Statements and E (NASDAQ:SPAR)
biz.yahoo.com - January 6 at 5:04 AM
publicnow.com logoSpartan Motors Completes Acquisition of Smeal Fire Apparatus (NASDAQ:SPAR)
www.publicnow.com - January 3 at 9:36 AM
News IconMichigan firms beat S&P 500 in 2016 market gains (NASDAQ:SPAR)
www.detroitnews.com - December 30 at 8:17 PM
News IconPost Earnings Coverage as Navistar’s Net Loss Narrowed down in Q4 FY16 (NASDAQ:SPAR)
www.ssuchronicle.com - December 28 at 7:48 PM
News IconSpartan Ups Commitment to Community Health (NASDAQ:SPAR)
www.rvbusiness.com - December 28 at 7:48 PM
finance.yahoo.com logoSpartan Motors Increases its Commitment to Local Community Health in the City it Calls Home with Pair of Donations Totaling More Than $1 Million (NASDAQ:SPAR)
finance.yahoo.com - December 22 at 10:26 PM
streetinsider.com logoSpartan Motors (SPAR) Enters Agreement to Acquire Smeal Fire Apparatus (NASDAQ:SPAR)
www.streetinsider.com - December 15 at 5:35 AM
News IconSpartan Motors inks $36M deal with fire truck manufacturer (NASDAQ:SPAR)
mibiz.com - December 15 at 5:35 AM
News IconSnyder firetruck maker bought by Michigan company (NASDAQ:SPAR)
journalstar.com - December 15 at 5:35 AM
News IconMid-Michigan-based Spartan Motors to Acquire Fire Apparatus Maker Smeal (NASDAQ:SPAR)
www.dbusiness.com - December 15 at 5:35 AM
4-traders.com logoSPARTAN MOTORS, INC. (NASDAQ:SPAR) Files An 8-K Entry into a Material Definitive Agreement (NASDAQ:SPAR)
www.4-traders.com - December 15 at 5:35 AM

Social

What is Spartan Motors' stock symbol?

Spartan Motors trades on the NASDAQ under the ticker symbol "SPAR."

How often does Spartan Motors pay dividends? What is the dividend yield for Spartan Motors?

Spartan Motors announced a semiannual dividend on Monday, November 7th. Shareholders of record on Tuesday, November 15th will be given a dividend of $0.05 per share on Thursday, December 15th. This represents a yield of 1.28%. The ex-dividend date is Thursday, November 10th.

Where is Spartan Motors' stock going? Where will Spartan Motors' stock price be in 2017?

2 brokerages have issued 12-month target prices for Spartan Motors' stock. Their predictions range from $12.00 to $12.00. On average, they anticipate Spartan Motors' stock price to reach $12.00 in the next year.

When will Spartan Motors announce their earnings?

Spartan Motors is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

Who owns Spartan Motors stock?

Spartan Motors' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.17%), Royce & Associates LP (5.20%), Franklin Resources Inc. (2.27%), Renaissance Technologies LLC (1.77%), Systematic Financial Management LP (1.54%) and State Street Corp (1.37%). Company insiders that own Spartan Motors stock include Daryl M Adams, Frederick J Sohm, John A Forbes, John W Slawson, Kenneth Kaczmarek, Richard F Dauch, Richard R Current and Ronald Edward Harbour.

Who sold Spartan Motors stock? Who is selling Spartan Motors stock?

Spartan Motors' stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Bogle Investment Management L P DE, Metropolitan Life Insurance Co. NY and Franklin Resources Inc.. Company insiders that have sold Spartan Motors stock in the last year include Kenneth Kaczmarek and Ronald Edward Harbour.

Who bought Spartan Motors stock? Who is buying Spartan Motors stock?

Spartan Motors' stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Dimensional Fund Advisors LP, Renaissance Technologies LLC, AQR Capital Management LLC, GSA Capital Partners LLP, Systematic Financial Management LP, O Shaughnessy Asset Management LLC and Royce & Associates LP. Company insiders that have bought Spartan Motors stock in the last two years include Daryl M Adams, Frederick J Sohm, John A Forbes, John W Slawson, Richard F Dauch and Richard R Current.

How do I buy Spartan Motors stock?

Shares of Spartan Motors can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Spartan Motors stock cost?

One share of Spartan Motors stock can currently be purchased for approximately $7.05.

Spartan Motors (NASDAQ:SPAR) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Spartan Motors (NASDAQ:SPAR)

Earnings History Chart

Earnings by Quarter for Spartan Motors (NASDAQ:SPAR)

Dividend History Chart

Dividend Payments by Quarter for Spartan Motors (NASDAQ:SPAR)

Last Updated on 2/26/2017 by MarketBeat.com Staff