Spartan Motors Company Profile (NASDAQ:SPAR)

About Spartan Motors

Spartan 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: $9.41
50 Day Moving Average: $9.39
200 Day Moving Average: $6.65
52-Week Range: $2.61 - $9.95
Trailing P/E Ratio: N/A
Foreward P/E Ratio: 24.76
P/E Growth: 2.03
Market Cap: $324.00M
Outstanding Shares: 34,431,000
Beta: 1.3

Profitability:

Net Margins: -1.80%
Return on Equity: 1.49%
Return on Assets: 0.93%

Debt:

Debt-to-Equity Ratio: 0.03%
Current Ratio: 1.90%
Quick Ratio: 1.25%

Additional Links:

Companies Related to Spartan Motors:

Consensus Ratings for Spartan Motors (NASDAQ:SPAR) (?)

Ratings Breakdown:	1 Hold Rating, 1 Buy Rating
Consensus Rating:	Buy (Score: 2.50)
Consensus Price Target:	$4.00 (57.49% downside)

Analysts' Ratings History for Spartan Motors (NASDAQ:SPAR)

Show:

Date	Firm	Action	Rating	Price Target	Details
7/26/2016	Craig Hallum	Initiated Coverage	Buy
11/6/2015	Seaport Global Securities	Downgrade	Accumulate -> Neutral	$5.00 -> $4.00

(Data available from 9/26/2014 forward)

Earnings History for Spartan Motors (NASDAQ:SPAR)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
11/3/2016
8/4/2016	Q216	$0.08	$0.19	$152.65 million	$162.50 million	View	N/A
5/4/2016	Q116	($0.05)	$0.02	$132.40 million	$133.70 million	View	N/A
2/25/2016	Q415	($0.02)	($0.28)	$126.60 million	$140.60 million	View	Listen
8/5/2015	Q215	$0.02	$0.04	$127.95 million	$144.80 million	View	N/A
5/5/2015	Q115	($0.07)	($0.09)	$123.55 million	$128.40 million	View	N/A
10/30/2014	Q314	$0.05	$0.09	$130.95 million	$144.20 million	View	N/A
8/5/2014	Q2	($0.05)	$0.01	$124.12 million	$115.80 million	View	N/A
5/7/2014	Q114	($0.04)	($0.06)	$110.17 million	$128.00 million	View	N/A
2/11/2014	Q413	$0.05	($0.09)	$130.40 million	$126.50 million	View	N/A
10/29/2013	Q313	$0.43	$0.02	$134.27 million	$126.10 million	View	N/A
8/1/2013	Q2 2013	$0.02	$0.02	$118.13 million	$114.40 million	View	N/A
5/8/2013	Q1 2013	($0.05)	($0.12)	$108.20 million	$96.10 million	View	N/A
2/12/2013	Q4 2012	$0.03	$0.01	$112.17 million	$124.50 million	View	N/A
10/30/2012	Q312	$0.06	$0.02	$111.90 million	$120.30 million	View	N/A
8/2/2012		$0.02	$0.08			View	N/A
5/1/2012		$0.02	$0.04			View	N/A
2/14/2012		$0.04	$0.02			View	N/A
10/26/2011		$0.03	$0.10			View	N/A
7/26/2011		($0.02)	($0.01)			View	N/A
4/26/2011		$0.02	($0.03)			View	N/A
2/15/2011		$0.09	$0.11			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Spartan Motors (NASDAQ:SPAR)

Current Year EPS Consensus Estimate: $0.32 EPS
Next Year EPS Consensus Estimate: $0.38 EPS

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2016	1	($0.01)	($0.01)	($0.01)
Q2 2016	2	$0.03	$0.07	$0.05
Q3 2016	2	$0.06	$0.09	$0.08
Q4 2016	1	$0.03	$0.03	$0.03
Q1 2017	1	$0.08	$0.08	$0.08
Q2 2017	1	$0.13	$0.13	$0.13
Q3 2017	1	$0.13	$0.13	$0.13
Q4 2017	1	$0.07	$0.07	$0.07

(Data provided by Zacks Investment Research)

Current Dividend Information for Spartan Motors (NASDAQ:SPAR)

Annual Dividend:	$0.10
Dividend Yield:	1.06%
Payout Ratio:	-33.33% (Based on Trailing 12 Months of Earnings) 31.25% (Based on Current Year Consensus EPS Estimate) 26.32% (Based on Next Year Consensus EPS Estimate)

Dividend History for Spartan Motors (NASDAQ:SPAR)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
5/4/2016	semiannual	$0.05	1.98%	5/17/2016	5/19/2016	6/23/2016
11/5/2015	semiannual	$0.05	2.44%	11/9/2015	11/12/2015	12/17/2015
5/12/2015	semiannual	$0.05	2.35%	5/19/2015	5/21/2015	6/25/2015
10/28/2014	semiannual	$0.05	1.93%	11/10/2014	11/13/2014	12/18/2014
5/7/2014	semiannual	$0.05	2.13%	5/13/2014	5/15/2014	6/19/2014
10/30/2013	semiannual	$0.05	1.49%	11/12/2013	11/14/2013	12/19/2013
10/29/2013	quarterly	$0.05		11/12/2013	11/14/2013	12/19/2013
5/9/2013	semiannual	$0.05	1.77%	5/21/2013	5/23/2013	6/27/2013
5/8/2013	quarterly	$0.05			5/23/2013	6/27/2013

(Data available from 1/1/2013 forward)

Insider Trading History for Spartan Motors (NASDAQ:SPAR)

Insider Ownership Percentage: 4.59%
Institutional Ownership Percentage: 65.77%

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
8/10/2016	Kenneth Kaczmarek	Director	Sell	3,909	$9.08	$35,493.72
8/9/2016	Kenneth Kaczmarek	Director	Sell	21,017	$9.12	$191,675.04
5/10/2016	Frederick J Sohm	CFO	Buy	5,000	$5.65	$28,250.00
5/10/2016	Ronald Edward Harbour	Director	Sell	2,000	$5.89	$11,780.00
5/9/2016	Richard R Current	Director	Buy	3,083	$5.60	$17,264.80
3/10/2016	John W Slawson	Insider	Buy	2,600	$3.75	$9,750.00
3/4/2016	John W Slawson	Insider	Buy	500	$3.70	$1,850.00
3/3/2016	Frederick J Sohm	CFO	Buy	6,000	$3.88	$23,280.00
3/1/2016	Frederick J Sohm	CFO	Buy	14,000	$3.66	$51,240.00
3/1/2016	Richard F Dauch	Director	Buy	10,000	$3.64	$36,400.00
8/11/2015	Daryl M Adams	CEO	Buy	18,487	$4.79	$88,552.73
5/13/2015	Richard R Current	Director	Buy	5,705	$4.41	$25,159.05
5/12/2015	Daryl M Adams	CEO	Buy	22,000	$4.28	$94,160.00
3/2/2015	John A Forbes	Insider	Buy	3,000	$4.97	$14,910.00
9/18/2014	John A Forbes	Insider	Buy	3,500	$5.35	$18,725.00
9/3/2014	Daryl M Adams	COO	Buy	5,000	$5.39	$26,950.00
8/12/2014	John E Sztykiel	CEO	Buy	20,000	$4.73	$94,600.00
6/13/2014	John A Forbes	Insider	Buy	5,000	$5.12	$25,600.00
11/26/2013	John Sztykiel	CEO	Sell	15,000	$6.53	$97,950.00
11/5/2013	John Sztykiel	CEO	Sell	45,000	$6.64	$298,800.00
8/28/2013	John Sztykiel	CEO	Sell	30,000	$6.04	$181,200.00
12/26/2012	John E Sztykiel	CEO	Sell	31,494	$5.21	$164,083.74

(Data available from 1/1/2013 forward)

Latest Headlines for Spartan Motors (NASDAQ:SPAR)

Date	Headline
	Spartan’s Utilimaster Nets Postal Service Contract (NASDAQ:SPAR) www.rvbusiness.com - September 24 at 6:38 PM
	SPARTAN MOTORS INC : Other Events, Financial Statements and Exhibits (form 8-K) (NASDAQ:SPAR) www.4-traders.com - September 23 at 6:49 PM
	SPARTAN MOTORS INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:SPAR) biz.yahoo.com - September 23 at 11:49 AM
	Michigan’s Spartan Motors Awarded $3.6M Contract From United States Postal Service (NASDAQ:SPAR) www.dbusiness.com - September 22 at 7:04 PM
	United States Postal Service Awards Spartan Motors' Utilimaster Prototype Contract for Next Generation Delivery Vehicle Program (NASDAQ:SPAR) finance.yahoo.com - September 22 at 11:57 AM
	AutoZone (AZO) Q4 Earnings Beat Estimates, Revenues Miss (NASDAQ:SPAR) finance.yahoo.com - September 22 at 11:57 AM
	Tesla Wins Southern California Edison's Battery Project (NASDAQ:SPAR) finance.yahoo.com - September 16 at 10:57 AM
	Ford's (F) Pre-tax Profit to Decline in 2017, Rise in 2018 (NASDAQ:SPAR) finance.yahoo.com - September 15 at 11:03 AM
	Spartan Motors Inc (SPAR): Ariel Investments Lowers Its Stake (NASDAQ:SPAR) feedproxy.google.com - September 13 at 9:14 AM
	Tesla Autopilot to Improve Obstacle Detection Using Radar (NASDAQ:SPAR) www.yahoo.com - September 12 at 6:56 PM
	Autoliv (ALV) to Form Autonomous Driving JV with Volvo Cars (NASDAQ:SPAR) finance.yahoo.com - September 8 at 11:16 AM
	Stock Tracking Up to a Recent High: Spartan Motors Inc. (NASDAQ:SPAR) - Post News (NASDAQ:SPAR) www.kentuckypostnews.com - August 31 at 12:49 PM
	Shares Marching Up to a Recent High: Spartan Motors Inc. (NASDAQ:SPAR) - Post News (NASDAQ:SPAR) www.kentuckypostnews.com - August 30 at 7:20 PM
	Pa. volunteer fire company receives new engine (NASDAQ:SPAR) www.firerescue1.com - August 29 at 12:03 PM
	Seville fire department in Ross gets new engine (NASDAQ:SPAR) triblive.com - August 28 at 6:35 PM
	Spartan Emergency Response To Introduce Reasonably priced, Multi-Perform 75' Quint at Fire-Rescue International Conference. South Carolina SC (NASDAQ:SPAR) www.southcarolinasc.com - August 19 at 7:23 PM
	Spartan Motors : Emergency Response To Introduce Affordable, Multi-Function 75' Quint at Fire-Rescue International Conference (NASDAQ:SPAR) www.4-traders.com - August 19 at 7:22 PM
	Spartan Emergency Response To Introduce Affordable, Multi-Function 75' Quint at Fire-Rescue International Conference (NASDAQ:SPAR) finance.yahoo.com - August 19 at 10:26 AM
	New City of Battle Creek (MI) Apparatus Built on Spartan Custom Chassis (NASDAQ:SPAR) www.fireapparatusmagazine.com - August 17 at 7:51 PM
	Spartan Motors : The City of Battle Creek Selects New Emergency Response Vehicles, Built on Spartan Custom Chassis (NASDAQ:SPAR) www.4-traders.com - August 17 at 7:51 PM
	The City of Battle Creek Selects New Emergency Response Vehicles, Built on Spartan Custom Chassis (NASDAQ:SPAR) finance.yahoo.com - August 16 at 10:49 AM
	Spartan Motors, Inc. :SPAR-US: Earnings Analysis: Q2, 2016 By the Numbers : August 11, 2016 (NASDAQ:SPAR) www.capitalcube.com - August 11 at 8:03 PM
	SPARTAN MOTORS INC Financials (NASDAQ:SPAR) finance.yahoo.com - August 11 at 8:03 PM
	Advanced Protection System helps make Class A RVs safer. (NASDAQ:SPAR) news.thomasnet.com - August 4 at 10:44 AM
	BRIEF-Spartan Motors reports Q2 earnings per share $0.13 (NASDAQ:SPAR) www.reuters.com - August 4 at 10:44 AM
	Spartan Motors Reports Second Quarter 2016 EPS of $zero.13. South Carolina SC (NASDAQ:SPAR) www.southcarolinasc.com - August 4 at 10:44 AM
	Q2 2016 Spartan Motors Inc Earnings Release - Before Market Open (NASDAQ:SPAR) biz.yahoo.com - August 4 at 10:44 AM
	Spartan Motors Reports Second Quarter 2016 EPS of $0.13 (NASDAQ:SPAR) finance.yahoo.com - August 4 at 10:44 AM
	SPARTAN MOTORS INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibi (NASDAQ:SPAR) biz.yahoo.com - August 4 at 10:44 AM
	Spartan Motors posts 2Q profit (NASDAQ:SPAR) finance.yahoo.com - August 4 at 10:44 AM
	Spartan Motors beats by $0.11, beats on revenue (NASDAQ:SPAR) seekingalpha.com - August 4 at 7:42 AM
	Accuride CEO Rick Dauch Joins Panel at CAR Management Briefing Seminars (NASDAQ:SPAR) www.businesswire.com - August 3 at 10:48 AM
	Spartan Advanced Protection System Reinvents Motor Coach Driver Safety With Introduction of New, First-to-Market Technology Package (NASDAQ:SPAR) finance.yahoo.com - August 3 at 10:48 AM
	Upgrade takes Spartan Motors to multi-year high (NASDAQ:SPAR) seekingalpha.com - July 26 at 10:40 AM
	Coverage initiated on Spartan Motors by Craig Hallum (NASDAQ:SPAR) finance.yahoo.com - July 26 at 9:08 AM
	Dana Holding Corporation announces second-quarter 2016 financial results; affirms full-year guidance (NASDAQ:SPAR) www.automotiveworld.com - July 21 at 7:50 PM
	General Motors' (GM) Q2 Earnings Beat Estimates, View Up (NASDAQ:SPAR) finance.yahoo.com - July 21 at 7:50 PM
	Spartan Motors : Conference Call and Webcast of Second-Quarter 2016 Results Scheduled for August 4 (NASDAQ:SPAR) www.4-traders.com - July 21 at 7:50 PM
	Spartan Motors Conference Call & Webcast of Second-Quarter 2016 Outcomes Scheduled for Aug. four. South Carolina SC (NASDAQ:SPAR) www.southcarolinasc.com - July 21 at 7:50 PM
	Spartan Motors Conference Call and Webcast of Second-Quarter 2016 Results Scheduled for August 4 (NASDAQ:SPAR) finance.yahoo.com - July 21 at 8:00 AM
	Isuzu, Spartan Motors Mark Milestone (NASDAQ:SPAR) www.constructionequipmentguide.com - July 20 at 10:27 AM
	Can The Uptrend Continue for Spartan Motors (SPAR)? (NASDAQ:SPAR) finance.yahoo.com - July 14 at 6:53 AM
	General Motors' China Sales Rise 5.3% in First-Half 2016 (NASDAQ:SPAR) finance.yahoo.com - July 7 at 10:18 AM
	Spartan Motors Inc. (SPAR) Surged To A New High For The Year (NASDAQ:SPAR) www.rttnews.com - July 7 at 10:18 AM
	Tesla's (TSLA) Autopilot to Be Evaluated by NHTSA Post Crash (NASDAQ:SPAR) www.zacks.com - July 1 at 7:32 PM
	Honda's (HMC) Global Production Increases 11.8% in May (NASDAQ:SPAR) finance.yahoo.com - June 29 at 10:16 AM
	Spartan Motors Added to Russell 2000® Index (NASDAQ:SPAR) finance.yahoo.com - June 27 at 7:00 AM
	New Business: Auto Suppliers Expected To Usher In Hundreds Of Jobs (NASDAQ:SPAR) lasvegas.cbslocal.com - June 16 at 11:53 AM
	Isuzu Celebrates 30,000th N-Series Truck (NASDAQ:SPAR) www.truckinginfo.com - June 14 at 7:10 PM
	Isuzu And Spartan Motors Celebrate Production Of The 30,000Th N-Series Gasoline Truck (NASDAQ:SPAR) www.furninfo.com - June 14 at 7:10 PM