Spartan Motors Company Profile (NASDAQ:SPAR)

About Spartan Motors (NASDAQ:SPAR)

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:
  • Industry: Trucks & Other Vehicles
  • Sub-Industry: Auto Parts & Equipment
  • Symbol: NASDAQ:SPAR
  • CUSIP: 84681910
  • Web:
  • Market Cap: $300.34 million
  • Outstanding Shares: 35,127,000
Average Prices:
  • 50 Day Moving Avg: $8.38
  • 200 Day Moving Avg: $8.30
  • 52 Week Range: $5.52 - $10.50
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 17.10
  • P/E Growth: 1.42
Sales & Book Value:
  • Annual Revenue: $624.13 million
  • Price / Sales: 0.48
  • Book Value: $4.34 per share
  • Price / Book: 1.97
  • Annual Dividend: $0.10
  • Dividend Yield: 1.2%
  • EBIDTA: $18.41 million
  • Net Margins: -0.30%
  • Return on Equity: 3.85%
  • Return on Assets: 2.34%
  • Current Ratio: 1.73%
  • Quick Ratio: 1.09%
  • Average Volume: 209,208 shs.
  • Beta: 1.12
  • Short Ratio: 1.14

Frequently Asked Questions for Spartan Motors (NASDAQ:SPAR)

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 Thursday, May 4th. Investors of record on Monday, May 15th will be given a dividend of $0.05 per share on Thursday, June 15th. This represents a yield of 1.12%. The ex-dividend date is Thursday, May 11th. View Spartan Motors' Dividend History.

How were Spartan Motors' earnings last quarter?

Spartan Motors Inc (NASDAQ:SPAR) released its quarterly earnings data on Thursday, May, 4th. The company reported $0.04 EPS for the quarter, hitting the consensus estimate of $0.04. The company had revenue of $167 million for the quarter, compared to analyst estimates of $149.90 million. Spartan Motors had a positive return on equity of 3.85% and a negative net margin of 0.30%. The firm's quarterly revenue was up 24.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.02 earnings per share. View Spartan Motors' Earnings History.

When will Spartan Motors make its next earnings announcement?

Spartan Motors is scheduled to release their next quarterly earnings announcement on Wednesday, August, 2nd 2017. View Earnings Estimates for Spartan Motors.

What guidance has Spartan Motors issued on next quarter's earnings?

Spartan Motors issued an update on its FY17 earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of $0.36-0.41 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.34. The company issued revenue guidance of $650-700 million, compared to the consensus revenue estimate of $652.93 million.

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

3 brokerages have issued 12 month price objectives for Spartan Motors' stock. Their predictions range from $10.00 to $12.00. On average, they anticipate Spartan Motors' share price to reach $11.00 in the next twelve months. View Analyst Ratings for Spartan Motors.

Who are some of Spartan Motors' key competitors?

Who are Spartan Motors' key executives?

Spartan Motors' management team includes the folowing people:

  • James A. Sharman, Chairman of the Board
  • Daryl M. Adams, President, Chief Executive Officer
  • Frederick J. Sohm, Chief Financial Officer
  • John A. Forbes, President - Utilimaster Corporation
  • Steve Guillaume, President - Specialty Chassis and Vehicles
  • John W Slawson, President - Spartan Emergency Response
  • Thomas T. Kivell, Vice President, General Counsel, Secretary
  • Juris Pagrabs, Group Treasurer, Director of Investor Relations
  • James C. Orchard, Director
  • Richard R. Current, Independent Director

Who owns Spartan Motors stock?

Spartan Motors' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.41%), Royce & Associates LP (5.24%), Vanguard Group Inc. (4.03%), Ariel Investments LLC (3.23%), Heartland Advisors Inc. (2.04%) and Systematic Financial Management LP (1.80%). 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. View Institutional Ownership Trends for Spartan Motors.

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 Ariel Investments LLC, Acadian Asset Management LLC, Parametric Portfolio Associates LLC, Russell Investments Group Ltd., Bank of New York Mellon Corp, Ameriprise Financial Inc., Chartwell Investment Partners LLC and Renaissance Technologies LLC. Company insiders that have sold Spartan Motors stock in the last year include John A Forbes and Kenneth Kaczmarek. View Insider Buying and Selling for Spartan Motors.

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

Spartan Motors' stock was purchased by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Heartland Advisors Inc., Oxford Asset Management, Kennedy Capital Management Inc., Segall Bryant & Hamill LLC, Nationwide Fund Advisors, Spark Investment Management LLC and Systematic Financial Management LP. Company insiders that have bought Spartan Motors stock in the last two years include Daryl M Adams, Frederick J Sohm, John W Slawson, Richard F Dauch and Richard R Current. View Insider Buying and Selling for Spartan Motors.

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.

What is Spartan Motors' stock price today?

One share of Spartan Motors stock can currently be purchased for approximately $8.55.

MarketBeat Community Rating for Spartan Motors (NASDAQ SPAR)
Community Ranking:  1.9 out of 5 ()
Outperform Votes:  45 (Vote Outperform)
Underperform Votes:  75 (Vote Underperform)
Total Votes:  120
MarketBeat's community ratings are surveys of what our community members think about Spartan Motors and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Spartan Motors (NASDAQ:SPAR) (?)
Ratings Breakdown: 3 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $11.00 (28.65% upside)

Analysts' Ratings History for Spartan Motors (NASDAQ:SPAR)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/6/2017Seaport Global SecuritiesReiterated RatingBuy -> Buy$10.00MediumView Rating Details
2/25/2017Roth CapitalSet Price TargetBuy$12.00N/AView Rating Details
7/26/2016Craig HallumInitiated CoverageBuyN/AView Rating Details
(Data available from 5/30/2015 forward)


Earnings History for Spartan Motors (NASDAQ:SPAR)
Earnings by Quarter for Spartan Motors (NASDAQ:SPAR)
Earnings History by Quarter for Spartan Motors (NASDAQ SPAR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/2017Q1 2017$0.04$0.04$149.90 million$167.00 millionViewListenView Earnings Details
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)


Earnings Estimates for Spartan Motors (NASDAQ:SPAR)
2017 EPS Consensus Estimate: $0.35
2018 EPS Consensus Estimate: $0.51
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.02$0.05$0.04
Q2 20173$0.05$0.12$0.09
Q3 20173$0.11$0.17$0.13
Q4 20173$0.05$0.12$0.09
Q1 20181$0.06$0.06$0.06
Q2 20181$0.12$0.12$0.12
Q3 20181$0.20$0.20$0.20
Q4 20181$0.13$0.13$0.13
(Data provided by Zacks Investment Research)


Current Dividend Information for Spartan Motors (NASDAQ:SPAR)
Next Dividend:6/15/2017
Annual Dividend:$0.10
Dividend Yield:1.17%
Payout Ratio:-199.96% (Trailing 12 Months of Earnings)
25.00% (Based on This Year's Estimates)
20.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Spartan Motors (NASDAQ:SPAR)

Dividend History by Quarter for Spartan Motors (NASDAQ SPAR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Spartan Motors (NASDAQ:SPAR)
Insider Ownership Percentage: 4.59%
Institutional Ownership Percentage: 67.30%
Insider Trades by Quarter for Spartan Motors (NASDAQ:SPAR)
Institutional Ownership by Quarter for Spartan Motors (NASDAQ:SPAR)
Insider Trades by Quarter for Spartan Motors (NASDAQ:SPAR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/10/2017Richard R CurrentDirectorBuy5,141$9.00$46,269.00View SEC Filing  
5/8/2017Frederick J SohmCFOBuy5,000$8.94$44,700.00View SEC Filing  
3/15/2017Frederick J SohmCFOBuy3,000$7.11$21,330.00View SEC Filing  
3/10/2017John A. ForbesInsiderSell8,000$6.65$53,200.00View SEC Filing  
3/9/2017Daryl M AdamsInsiderBuy54,000$6.55$353,700.00View SEC Filing  
3/9/2017Frederick J SohmCFOBuy3,000$6.48$19,440.00View SEC Filing  
3/8/2017John W SlawsonInsiderBuy1,450$6.79$9,845.50View SEC Filing  
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)


Headline Trends for Spartan Motors (NASDAQ:SPAR)
Latest Headlines for Spartan Motors (NASDAQ:SPAR)
DateHeadline logo Spartan Motors Inc (SPAR) Receives Consensus Recommendation of "Strong Buy" from Brokerages - May 26 at 10:11 AM logoSpartan Motors (SPAR) Names James Sharman as Chairman of the Board - May 26 at 7:14 AM logoBRIEF-Spartan Motors names James Sharman chairman of its board - May 26 at 7:14 AM logoSpartan Motors Appoints Tom Ninneman as President, Fleet Vehicles and Services - May 26 at 7:14 AM logoSpartan Motors to Attend the 14th Annual Craig-Hallum Institutional Investor Conference on May 31 - May 26 at 7:14 AM logoSpartan Motors Names James A. Sharman as Chairman of the Board - May 24 at 9:16 AM logoSpartan Motors to Showcase Top Emergency Response Vehicles and New Product Services at Fire Expo - May 20 at 5:43 AM logoSpartan Motors Inc (SPAR) Upgraded to B- by TheStreet - May 17 at 5:56 PM logoSpartan Motors Inc (SPAR) Expected to Announce Earnings of $0.06 Per Share - May 16 at 10:46 AM logoSpartan Motors' Utilimaster® Brand Receives Follow-On Order From Leading Parcel Delivery Providers To Advance Efficiency Of Last Mile Delivery Services - May 15 at 7:10 PM logoInsider Buying: Spartan Motors Inc (SPAR) Director Buys 5,141 Shares of Stock - May 12 at 10:16 AM logoSpartan Motors, Inc. : SPAR-US: Dividend Analysis : May 15th, 2017 (record date) : By the numbers : May 11, 2017 - May 11 at 9:06 PM logo Spartan Motors Inc (SPAR) Given Consensus Rating of "Strong Buy" by Analysts - May 11 at 10:56 AM logoSpartan Motors Inc (SPAR) CFO Buys $44,700.00 in Stock - May 9 at 1:14 PM logoSpartan Motors Inc (SPAR) Lowered to "Hold" at Zacks Investment Research - May 9 at 11:00 AM logoEdited Transcript of SPAR earnings conference call or presentation 4-May-17 2:00pm GMT - May 6 at 7:42 PM logoSpartan Motors Inc (SPAR) Upgraded by Zacks Investment Research to Buy - May 6 at 7:20 AM logoSpartan Motors Inc (SPAR) Declares $0.05 Dividend - May 5 at 4:18 PM logoBrokers Issue Forecasts for Spartan Motors Inc's Q2 2017 Earnings (SPAR) - May 5 at 7:58 AM logoSpartan Motors Inc (SPAR) Releases Quarterly Earnings Results, Meets Estimates - May 5 at 12:19 AM logoSpartan Motors, Inc. 2017 Q1 - Results - Earnings Call Slides - May 4 at 10:57 AM logoSpartan Motors Reports First Quarter 2017 Results - May 4 at 10:57 AM logoInvestor Network: Spartan Motors, Inc. to Host Earnings Call - May 4 at 10:57 AM logoSpartan Motors reports 1Q loss - May 4 at 10:57 AM logoMore on Spartan Motors' Q1 - May 4 at 10:38 AM logoSpartan Motors Inc (SPAR) Updates FY17 Earnings Guidance - May 4 at 10:18 AM logoSpartan Motors (SPAR) Receives Daily News Sentiment Rating of 0.42 - May 3 at 6:26 PM logoSpartan Motors Inc (SPAR) Cut to Sell at Zacks Investment Research - May 3 at 11:22 AM logoSpartan Motors Inc (SPAR) to Release Quarterly Earnings on Thursday - May 2 at 5:18 PM logoSpartan Motors (SPAR) Receives Daily Media Impact Score of 0.46 - April 29 at 4:46 PM logo$149.9 Million in Sales Expected for Spartan Motors Inc (SPAR) This Quarter - April 27 at 12:50 PM logoPositive News Coverage Extremely Likely to Affect Spartan Motors (SPAR) Share Price - April 26 at 12:54 PM logo Analysts Set $11.33 Price Target for Spartan Motors Inc (SPAR) - April 26 at 9:30 AM logoSpartan Motors To Announce Partnership With Ranger Design At NAFA Institute And Expo - April 26 at 9:15 AM logoSpartan Motors Conference Call and Webcast of First-Quarter 2017 Results Scheduled for May 4 - April 24 at 11:25 AM logoSpartan Motors To Debut Fire Apparatus Refurbishment Centers At FDIC International - April 24 at 11:25 AM logoSpartan Motors (SPAR) Given Coverage Optimism Rating of 0.50 - April 23 at 12:17 PM logoFavorable News Coverage Somewhat Unlikely to Affect Spartan Motors (SPAR) Stock Price - April 17 at 6:35 PM logoShort Interest in Spartan Motors Inc (SPAR) Expands By 38.2% - April 16 at 12:20 PM logoSpartan Motors (SPAR) Earns Media Sentiment Rating of 0.31 - April 13 at 5:03 PM logoZacks: Spartan Motors Inc (SPAR) Receives Consensus Recommendation of "Strong Buy" from Brokerages - April 11 at 11:08 AM logoSpartan Motors Inc (SPAR) to Post Q1 2017 Earnings of $0.02 Per Share, Seaport Global Securities Forecasts - April 10 at 7:10 AM logoBrokers Offer Predictions for Spartan Motors Inc's Q1 2018 Earnings (SPAR) - April 7 at 8:49 PM logoETFs with exposure to Spartan Motors, Inc. : April 5, 2017 - April 7 at 12:42 PM logoSeaport Global Securities Reaffirms "Buy" Rating for Spartan Motors Inc (SPAR) - April 6 at 2:04 PM logo Spartan Motors Inc (SPAR) Given Consensus Rating of "" by Analysts - March 27 at 12:14 PM logoSpartan Motors Plays Host To 125 Manufacturing Companies For Its Annual Supplier Conference - PR Newswire (press release) - March 25 at 7:33 PM logoSpartan Motors Plays Host To 125 Manufacturing Companies For Its Annual Supplier Conference - March 24 at 7:51 PM logoSpartan Motors to Attend the Seaport Global Securities Transports & Industrials Conference on March 22-23, 2017 - March 20 at 6:01 PM logoSpartan Motors to Attend the Seaport Global Securities Transports & Industrials Conference on March 21-22, 2017 - March 20 at 8:55 AM



Spartan Motors (SPAR) Chart for Tuesday, May, 30, 2017

This page was last updated on 5/30/2017 by Staff