NASDAQ:SPAR - Spartan Motors Stock Price, Price Target & More

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$15.35 +0.15 (+0.99 %)
(As of 07/19/2018 01:46 AM ET)
Previous Close$15.20
Today's Range$15.20 - $15.45
52-Week Range$8.55 - $19.45
Volume90,700 shs
Average Volume254,511 shs
Market Capitalization$539.99 million
P/E Ratio35.93
Dividend Yield0.65%
Beta0.62
Spartan Motors logoSpartan Motors, Inc., through its subsidiaries, engineers, manufactures, and sells heavy-duty and purpose-built specialty vehicles in the United States, Canada, South America, and Asia. It operates through three segments: Fleet Vehicles and Services, Emergency Response Vehicles, and Specialty Chassis and Vehicles. The Fleet Vehicles and Services segment provides walk-in vans, cutaway vans, truck bodies, and parts and accessories for use in e-commerce/last mile/parcel delivery, beverage and grocery delivery, mobile retail, and trades and construction industries under the Aeromaster, Velocity, Ultimate, Trademaster, Metromaster, Utilivan, Spartan Upfit Services, and Reach brands. This segment also installs specialty interior and exterior up-fit equipment for walk-in vans, truck bodies, and passenger vans under Specialty Up-fit name; and distributes related aftermarket parts and accessories. The Emergency Response Vehicles segment provides emergency response cabs and chassis, pumpers, aerial ladder components for fire trucks, rescue equipment, tankers, and parts and accessories under the Spartan, Smeal, Ladder Tower, and UST brands, as well as offers body, aerial, pump, drivetrain, and chassis repair and maintenance services. The Specialty Chassis and Vehicles segment offers motor home chassis; and defense and specialty chassis and vehicles, as well as provides related aftermarket parts and accessories, and maintenance and repair services. This segment also offers assembly services for Isuzu N-gas and F-series chassis. The company sells its products through a network of independent truck dealers, original equipment manufacturers, dealer distributors, leasing companies, and municipalities and other governmental entities, as well as to commercial and individual end users. Spartan Motors, Inc. was founded in 1975 and is headquartered in Charlotte, Michigan.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Motor vehicles & car bodies
Sub-IndustryAuto Parts & Equipment
SectorAuto/Tires/Trucks
SymbolNASDAQ:SPAR
CUSIP84681910
Phone517-543-6400

Debt

Debt-to-Equity Ratio0.10
Current Ratio1.88
Quick Ratio1.44

Price-To-Earnings

Trailing P/E Ratio35.93
Forward P/E Ratio24.37
P/E Growth1.61

Sales & Book Value

Annual Sales$707.10 million
Price / Sales0.77
Cash Flow$0.7093 per share
Price / Cash21.64
Book Value$4.79 per share
Price / Book3.20

Profitability

EPS (Most Recent Fiscal Year)$0.43
Net Income$15.93 million
Net Margins2.98%
Return on Equity10.21%
Return on Assets5.51%

Miscellaneous

Employees2,327
Outstanding Shares35,290,000
Market Cap$539.99

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Spartan Motors (NASDAQ:SPAR) Frequently Asked Questions

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, May 7th. Investors of record on Tuesday, May 15th will be paid a dividend of $0.05 per share on Friday, June 15th. This represents a yield of 0.6%. The ex-dividend date is Monday, May 14th. View Spartan Motors' Dividend History.

How were Spartan Motors' earnings last quarter?

Spartan Motors Inc (NASDAQ:SPAR) released its earnings results on Thursday, May, 3rd. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.04. The business had revenue of $173.04 million for the quarter, compared to the consensus estimate of $171.51 million. Spartan Motors had a return on equity of 10.21% and a net margin of 2.98%. The business's quarterly revenue was up 3.6% on a year-over-year basis. During the same period last year, the company posted $0.04 EPS. View Spartan Motors' Earnings History.

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

Spartan Motors issued an update on its FY18 earnings guidance on Thursday, May, 3rd. The company provided earnings per share (EPS) guidance of $0.60-0.66 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.61. The company issued revenue guidance of $790-815 million, compared to the consensus revenue estimate of $811.17 million.

What price target have analysts set for SPAR?

4 brokers have issued 12 month price objectives for Spartan Motors' shares. Their predictions range from $20.00 to $20.00. On average, they anticipate Spartan Motors' share price to reach $20.00 in the next twelve months. This suggests a possible upside of 30.3% from the stock's current price. View Analyst Ratings for Spartan Motors.

What is the consensus analysts' recommendation for Spartan Motors?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spartan Motors in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Spartan Motors' key competitors?

Who are Spartan Motors' key executives?

Spartan Motors' management team includes the folowing people:
  • Mr. Daryl M. Adams, CEO & Director (Age 56)
  • Mr. Frederick J. Sohm, Chief Financial Officer (Age 48)
  • Mr. Thomas C. Schultz, Chief Admin. Officer (Age 53)
  • Mr. Thomas T. Kivell, VP, Sec., Gen. Counsel & Chief Compliance Officer (Age 65)
  • Mr. Stephen K. Guillaume, Pres of Specialty Chassis & Vehicles Bus. Unit (Age 50)

Has Spartan Motors been receiving favorable news coverage?

News headlines about SPAR stock have trended somewhat positive on Thursday, according to Accern Sentiment. The research group identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Spartan Motors earned a coverage optimism score of 0.11 on Accern's scale. They also gave news headlines about the company an impact score of 48.55 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Who are Spartan Motors' major shareholders?

Spartan Motors' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Summit Creek Advisors LLC (1.70%), Bank of Montreal Can (0.23%), Mesirow Financial Investment Management Inc. (0.09%) and Kirr Marbach & Co. LLC IN (0.08%). Company insiders that own Spartan Motors stock include Daryl M Adams, Frederick J Sohm, John A Forbes, John W Slawson, Kenneth Kaczmarek, Richard R Current, Stephen K Guillaume, Thomas C Schultz and Thomas Kivell. View Institutional Ownership Trends for Spartan Motors.

Which major investors are selling Spartan Motors stock?

SPAR stock was sold by a variety of institutional investors in the last quarter, including Mesirow Financial Investment Management Inc.. Company insiders that have sold Spartan Motors company stock in the last year include Frederick J Sohm, John W Slawson, Stephen K Guillaume, Thomas C Schultz and Thomas Kivell. View Insider Buying and Selling for Spartan Motors.

Which major investors are buying Spartan Motors stock?

SPAR stock was purchased by a variety of institutional investors in the last quarter, including Summit Creek Advisors LLC, Bank of Montreal Can and Kirr Marbach & Co. LLC IN. Company insiders that have bought Spartan Motors stock in the last two years include Daryl M Adams, Frederick J Sohm, John W Slawson and Richard R Current. View Insider Buying and Selling for Spartan Motors.

How do I buy shares of Spartan Motors?

Shares of SPAR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Spartan Motors' stock price today?

One share of SPAR stock can currently be purchased for approximately $15.35.

How big of a company is Spartan Motors?

Spartan Motors has a market capitalization of $539.99 million and generates $707.10 million in revenue each year. The company earns $15.93 million in net income (profit) each year or $0.43 on an earnings per share basis. Spartan Motors employs 2,327 workers across the globe.

How can I contact Spartan Motors?

Spartan Motors' mailing address is 1541 Reynolds Road, Charlotte MI, 48813. The company can be reached via phone at 517-543-6400 or via email at [email protected]


MarketBeat Community Rating for Spartan Motors (NASDAQ SPAR)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  149 (Vote Outperform)
Underperform Votes:  195 (Vote Underperform)
Total Votes:  344
MarketBeat's community ratings are surveys of what our community members think about Spartan Motors and other stocks. Vote "Outperform" if you believe SPAR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SPAR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/19/2018 by MarketBeat.com Staff

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