About Spartan Motors (NASDAQ:SPAR)
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: Automobiles & Multi Utility Vehicles
- Sub-Industry: Auto Parts & Equipment
- Symbol: NASDAQ:SPAR
- CUSIP: 84681910
- Web: www.spartanmotors.com
Capitalization:- Market Cap: $565.01 million
- Outstanding Shares: 35,093,000
Average Prices:- 50 Day Moving Avg: $11.70
- 200 Day Moving Avg: $9.41
- 52 Week Range: $6.30 - $16.73
P/E:- Trailing P/E Ratio: 150.47
- Foreward P/E Ratio: 27.29
- P/E Growth: 2.21
Sales & Book Value:- Annual Revenue: $631.33 million
- Price / Sales: 0.89
- Book Value: $4.36 per share
- Price / Book: 3.69
Dividend:- Annual Dividend: $0.10
- Dividend Yield: 0.6%
Profitability:- EBITDA: $16.6 million
- Net Margins: 0.59%
- Return on Equity: 5.57%
- Return on Assets: 3.05%
Debt:- Debt-to-Equity Ratio: 0.15%
- Current Ratio: 1.70%
- Quick Ratio: 0.94%
Misc:- Average Volume: 230,860 shs.
- Beta: 1.16
- Short Ratio: 3.92
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. Stockholders of record on Monday, May 15th will be given a dividend of $0.05 per share on Thursday, June 15th. This represents a dividend yield of 1.12%. The ex-dividend date of this dividend is Thursday, May 11th. View Spartan Motors' Dividend History.
How were Spartan Motors' earnings last quarter?
Spartan Motors, Inc. (NASDAQ:SPAR) released its earnings results on Thursday, August, 3rd. The company reported $0.07 EPS for the quarter, beating analysts' consensus estimates of $0.06 by $0.01. The business earned $169.70 million during the quarter, compared to analyst estimates of $167.83 million. Spartan Motors had a return on equity of 5.57% and a net margin of 0.59%. The company's revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.19 EPS. View Spartan Motors' Earnings History.
What guidance has Spartan Motors issued on next quarter's earnings?
Spartan Motors issued an update on its FY17 earnings guidance on Wednesday, August, 2nd. The company provided EPS guidance of $0.48-0.52 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.40. The company issued revenue guidance of $680-720 million (Prior $650-700 million), compared to the consensus revenue estimate of $676.06 million.
Where is Spartan Motors' stock going? Where will Spartan Motors' stock price be in 2017?
3 analysts have issued 1-year price targets for Spartan Motors' shares. Their predictions range from $10.00 to $20.00. On average, they anticipate Spartan Motors' share price to reach $16.67 in the next twelve months. View Analyst Ratings for Spartan Motors.
Who are some of Spartan Motors' key competitors?
Some companies that are related to Spartan Motors include Standard Motor Products (SMP), Modine Manufacturing Company (MOD), Douglas Dynamics (PLOW), Tower International (TOWR), Motorcar Parts of America (MPAA), Westport Fuel Systems (WPRT), Horizon Global Corporation (HZN), Superior Industries International (SUP), Commercial Vehicle Group (CVGI), China Automotive Systems (CAAS), Power Solutions International (PSIX), SORL Auto Parts (SORL), Autobytel (AUTO), Fenix Parts (FENX), Bayer Motoren Werk (BAMXY) and Federal-Mogul Holdings LLC (FDML).
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, Director
- Frederick J. Sohm, Chief Financial Officer
- Tom Ninneman, President - Fleet Vehicles and Services segment
- John W. Slawson, President - Spartan Emergency Response
- Arthur D. Ickes, Executive Vice President - Special Projects
- Thomas C. Schultz, Chief Administrative Officer
- Thomas T. Kivell, Vice President, General Counsel, Secretary
- Richard R. Current, Independent Director
- Richard F. Dauch, Independent Director
Who owns Spartan Motors stock?
Spartan Motors' stock is owned by a number of of institutional and retail investors. Top institutional investors include Strs Ohio (0.18%). 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?
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 $16.10.
MarketBeat Community Rating for Spartan Motors (NASDAQ SPAR)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.
Earnings History for Spartan Motors (NASDAQ:SPAR)Earnings History by Quarter for Spartan Motors (NASDAQ SPAR)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/3/2017 | Q2 2017 | $0.06 | $0.07 | $167.83 million | $169.70 million | View | Listen |  |
| 5/4/2017 | Q1 2017 | $0.04 | $0.04 | $149.90 million | $167.00 million | View | Listen | |
| 2/23/2017 | Q416 | $0.02 | $0.04 | $138.40 million | $145.85 million | View | N/A | |
| 11/3/2016 | Q316 | $0.07 | $0.10 | $147.30 million | $148.66 million | View | N/A | |
| 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)2017 EPS Consensus Estimate: $0.38
2018 EPS Consensus Estimate: $0.74
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.02 | $0.05 | $0.04 |
| Q2 2017 | 3 | $0.05 | $0.12 | $0.09 |
| Q3 2017 | 3 | $0.11 | $0.25 | $0.16 |
| Q4 2017 | 3 | $0.05 | $0.14 | $0.10 |
| Q1 2018 | 1 | $0.09 | $0.09 | $0.09 |
| Q2 2018 | 1 | $0.17 | $0.17 | $0.17 |
| Q3 2018 | 1 | $0.29 | $0.29 | $0.29 |
| Q4 2018 | 1 | $0.19 | $0.19 | $0.19 |
| Q1 2019 | 1 | $0.14 | $0.14 | $0.14 |
| Q2 2019 | 1 | $0.24 | $0.24 | $0.24 |
| Q3 2019 | 1 | $0.37 | $0.37 | $0.37 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Spartan Motors (NASDAQ:SPAR)| Most Recent Dividend: | 6/15/2017 |
| Annual Dividend: | $0.10 |
| Dividend Yield: | 0.62% |
| Payout Ratio: | 90.92% (Trailing 12 Months of Earnings)
20.00% (Based on This Year's Estimates)
16.95% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Spartan Motors (NASDAQ SPAR)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/4/2017 | semiannual | $0.05 | 1.12% | 5/11/2017 | 5/15/2017 | 6/15/2017 |
| 11/7/2016 | semiannual | $0.05 | 1.28% | 11/10/2016 | 11/15/2016 | 12/15/2016 |
| 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 and Institutional Ownership History for Spartan Motors (NASDAQ:SPAR)Insider Ownership Percentage: 3.72%
Institutional Ownership Percentage: 66.78%
Insider Trades by Quarter for Spartan Motors (NASDAQ:SPAR)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/10/2017 | Richard R Current | Director | Buy | 5,141 | $9.00 | $46,269.00 | |
| 5/8/2017 | Frederick J Sohm | CFO | Buy | 5,000 | $8.94 | $44,700.00 | |
| 3/15/2017 | Frederick J Sohm | CFO | Buy | 3,000 | $7.11 | $21,330.00 | |
| 3/10/2017 | John A. Forbes | Insider | Sell | 8,000 | $6.65 | $53,200.00 | |
| 3/9/2017 | Daryl M Adams | Insider | Buy | 54,000 | $6.55 | $353,700.00 | |
| 3/9/2017 | Frederick J Sohm | CFO | Buy | 3,000 | $6.48 | $19,440.00 | |
| 3/8/2017 | John W Slawson | Insider | Buy | 1,450 | $6.79 | $9,845.50 | |
| 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)
Headline Trends for Spartan Motors (NASDAQ:SPAR)
Latest Headlines for Spartan Motors (NASDAQ:SPAR)
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Spartan Motors (SPAR) Chart for Monday, October, 23, 2017
