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: Auto/Tires/Trucks
  • Industry: Automobiles & Multi Utility Vehicles
  • Sub-Industry: Auto Parts & Equipment
  • Symbol: NASDAQ:SPAR
  • CUSIP: 84681910
  • Web:
  • Market Cap: $386.02 million
  • Outstanding Shares: 35,093,000
Average Prices:
  • 50 Day Moving Avg: $9.20
  • 200 Day Moving Avg: $8.52
  • 52 Week Range: $6.30 - $11.05
  • Trailing P/E Ratio: 102.80
  • Foreward P/E Ratio: 21.15
  • P/E Growth: 1.40
Sales & Book Value:
  • Annual Revenue: $631.33 million
  • Price / Sales: 0.61
  • Book Value: $4.36 per share
  • Price / Book: 2.52
  • Annual Dividend: $0.10
  • Dividend Yield: 1.0%
  • EBIDTA: $16.6 million
  • Net Margins: 0.59%
  • Return on Equity: 5.57%
  • Return on Assets: 3.05%
  • Debt-to-Equity Ratio: 0.15%
  • Current Ratio: 1.70%
  • Quick Ratio: 0.94%
  • Average Volume: 143,195 shs.
  • Beta: 1.11
  • 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. Investors of record on Monday, May 15th will be paid a dividend of $0.05 per share on Thursday, June 15th. This represents a 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 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.06 by $0.01. The business had revenue of $169.70 million for the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same period in the previous year, the business earned $0.19 earnings per share. View Spartan Motors' Earnings History.

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

Spartan Motors updated its FY17 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (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?

2 brokerages have issued 12-month target prices for Spartan Motors' stock. Their forecasts range from $10.00 to $12.00. On average, they anticipate Spartan Motors' share price to reach $11.00 in the next year. 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, 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 many different of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (8.33%), Vanguard Group Inc. (4.16%), Royce & Associates LP (4.14%), Franklin Resources Inc. (2.22%), Heartland Advisors Inc. (1.99%) and New York State Common Retirement Fund (1.86%). 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 Royce & Associates LP, Acadian Asset Management LLC, GSA Capital Partners LLP, Zacks Investment Management, OxFORD Asset Management LLP, Spark Investment Management LLC, Citigroup Inc. and Goldman Sachs Group Inc.. View Insider Buying and Selling for Spartan Motors.

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

Spartan Motors' stock was acquired by a variety of institutional investors in the last quarter, including Ameriprise Financial Inc., Kennedy Capital Management Inc., Marshall Wace North America L.P., Intrinsic Edge Capital Management LLC, Granite Investment Partners LLC, Vanguard Group Inc., TIAA CREF Investment Management LLC and IndexIQ Advisors LLC. 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 $11.00.

MarketBeat Community Rating for Spartan Motors (NASDAQ SPAR)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  82 (Vote Outperform)
Underperform Votes:  112 (Vote Underperform)
Total Votes:  194
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) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $11.00 (0.00% downside)

Analysts' Ratings History for Spartan Motors (NASDAQ:SPAR)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/1/2017Roth CapitalSet Price TargetBuy$12.00HighView Rating Details
4/6/2017Seaport Global SecuritiesReiterated RatingBuy -> Buy$10.00MediumView Rating Details
7/26/2016Craig HallumInitiated CoverageBuyN/AView Rating Details
(Data available from 9/24/2015 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
8/3/2017Q2 2017$0.06$0.07$167.83 million$169.70 millionViewListenView Earnings Details
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: $0.38
2018 EPS Consensus Estimate: $0.55
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$0.25$0.16
Q4 20173$0.05$0.14$0.10
Q1 20181$0.06$0.06$0.06
Q2 20181$0.13$0.13$0.13
Q3 20181$0.22$0.22$0.22
Q4 20181$0.14$0.14$0.14
(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:0.91%
Payout Ratio:90.92% (Trailing 12 Months of Earnings)
20.00% (Based on This Year's Estimates)
19.23% (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: 3.72%
Institutional Ownership Percentage: 66.78%
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 logoSpartan Motors, Inc. (SPAR) Expected to Post Earnings of $0.22 Per Share - September 24 at 6:34 AM logoSpartan Motors, Inc. (SPAR) Lifted to Buy at Zacks Investment Research - September 23 at 7:26 AM logoSpartan Motors, Inc. (SPAR) Cut to Hold at Zacks Investment Research - September 22 at 6:24 AM logoSpartan Motors to Attend Sidoti & Company Fall 2017 Conference on September 28 - September 19 at 7:57 AM logoSpartan Motors To Showcase Its Top-of-the-Line RV Chassis At The Hershey RV Show - September 8 at 8:35 AM logoZacks: Brokerages Anticipate Spartan Motors, Inc. (SPAR) Will Post Quarterly Sales of $185.30 Million - September 7 at 5:26 AM logoIs Spartan Motors (SPAR) a Great Growth Stock? - September 6 at 8:29 AM logoSpartan Motors, Inc. (SPAR) Stock Rating Lowered by Zacks Investment Research - August 26 at 10:34 PM logoZacks Investment Research Upgrades Spartan Motors, Inc. (SPAR) to Buy - August 26 at 10:18 AM logoSpartan Motors, Inc. (SPAR) Stock Rating Lowered by TheStreet - August 26 at 8:16 AM logoSpartan Motors, Inc. breached its 50 day moving average in a Bearish Manner : SPAR-US : August 25, 2017 - August 25 at 4:23 PM logoSpartan Motors (SPAR) Presents At Seaport Global Securities -Annual 1x1 Industrials & Coatings - Slideshow - August 24 at 11:11 PM logoSpartan Motors, Inc. – Value Analysis (NASDAQ:SPAR) : August 24, 2017 - August 24 at 6:07 PM logo$185.30 Million in Sales Expected for Spartan Motors, Inc. (SPAR) This Quarter - August 19 at 5:22 AM logo$0.22 Earnings Per Share Expected for Spartan Motors, Inc. (SPAR) This Quarter - August 18 at 12:20 AM logoSpartan Motors, Inc. breached its 50 day moving average in a Bearish Manner : SPAR-US : August 14, 2017 - August 15 at 7:14 AM logoSpartan Motors, Inc. breached its 50 day moving average in a Bearish Manner : SPAR-US : August 14, 2017 - August 15 at 7:14 AM logoSeaport Global Securities Comments on Spartan Motors, Inc.'s FY2017 Earnings (SPAR) - August 7 at 7:06 AM logoSpartan Motors, Inc. (NASDAQ:SPAR) Raised to Buy at Zacks Investment Research - August 5 at 8:52 AM logoSpartan Motors, Inc. 2017 Q2 - Results - Earnings Call Slides - August 4 at 8:25 AM logoSeaport Global Securities Analysts Raise Earnings Estimates for Spartan Motors, Inc. (SPAR) - August 4 at 7:02 AM logoSpartan Motors Reports Second Quarter 2017 Results - August 3 at 7:24 AM logoSpartan Motors' (SPAR) CEO Daryl Adams on Q2 2017 Results - Earnings Call Transcript - August 3 at 7:24 AM logoSpartan Motors beats Street 2Q forecasts - August 3 at 7:24 AM logoEdited Transcript of SPAR earnings conference call or presentation 2-Aug-17 2:00pm GMT - August 3 at 7:24 AM logoSpartan Motors, Inc. (SPAR) Issues Quarterly Earnings Results, Beats Estimates By $0.01 EPS - August 2 at 12:40 PM logoMore on Spartan Motors' Q2 - August 2 at 9:44 AM logoSpartan Motors, Inc. (SPAR) Issues FY17 Earnings Guidance - August 2 at 9:41 AM logoSpartan Motors, Inc. (SPAR) Given a $12.00 Price Target by Roth Capital Analysts - August 1 at 6:34 PM logo Analysts Expect Spartan Motors, Inc. (SPAR) Will Post Quarterly Sales of $167.83 Million - August 1 at 8:01 AM logo Brokerages Anticipate Spartan Motors, Inc. (SPAR) to Post $0.06 Earnings Per Share - July 30 at 8:20 PM logoETFs with exposure to Spartan Motors, Inc. : July 27, 2017 - July 28 at 8:11 AM logoSpartan Motors To Host Job Fair At Its Utilimaster® Facility With Goal Of Filling Nearly 150 New Positions - July 21 at 7:18 AM logoSpartan Motors To Showcase Top Emergency Response Vehicles At IAFC Annual Conference & Expo Fire-rescue International - July 21 at 7:18 AM logoSpartan Motors Conference Call and Webcast of Second-Quarter 2017 Results Scheduled for August 2 - July 20 at 7:59 AM logoETFs with exposure to Spartan Motors, Inc. : July 17, 2017 - July 18 at 8:24 AM logoSpartan Motors, Inc. breached its 50 day moving average in a Bullish Manner : SPAR-US : July 10, 2017 - July 11 at 7:55 AM logoSpartan Motors To Showcase The All-New K3 605 2018 Chassis At FMCA's 96th International Convention - July 11 at 7:55 AM logoSpartan Motors, Inc. (SPAR) Expected to Announce Quarterly Sales of $167.83 Million - July 8 at 9:22 AM logoETFs with exposure to Spartan Motors, Inc. : July 6, 2017 - July 7 at 12:37 PM logoSpartan Motors, Inc. (SPAR) Expected to Post Earnings of $0.06 Per Share - July 6 at 4:26 PM logoSpartan Motors, Inc. breached its 50 day moving average in a Bullish Manner : SPAR-US : June 27, 2017 - June 27 at 8:02 PM logoETFs with exposure to Spartan Motors, Inc. : June 22, 2017 - June 22 at 6:43 PM logoSpartan Motors, Inc. :SPAR-US: Earnings Analysis: Q1, 2017 By the Numbers : June 21, 2017 - June 22 at 1:42 PM logoAnalyzing Spartan Motors (SPAR) and Wabash National Corporation (WNC) - June 15 at 7:44 AM logoSpartan Motors' Grand Opening of New Plant Expands Successful Alliance Between Leading Global Manufacturers - June 13 at 8:02 PM logoSpartan Motors, Inc. (SPAR) Expected to Announce Earnings of $0.06 Per Share - June 12 at 4:48 PM logoZacks: Spartan Motors, Inc. (SPAR) Given Consensus Rating of "Strong Buy" by Analysts - June 12 at 10:40 AM logoSpartan Motors (SPAR) versus Oshkosh Corp (OSK) Head to Head Contrast - June 9 at 8:22 PM logoComparing Wabash National (WNC) and Spartan Motors (SPAR) - June 7 at 6:18 PM



Spartan Motors (SPAR) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by Staff