Spartan Motors, Inc, through its subsidiaries, engineers, manufactures, assembles, and sells specialty and heavy-duty 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.
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Industry, Sector and Symbol
Industry Motor vehicles & car bodies
Sub-IndustryAuto Parts & Equipment
SectorAuto/Tires/Trucks
Phone517-543-6400
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$816.16 million
Profitability
Miscellaneous
Employees2,338
Next Earnings Date2/27/2020 (Estimated)
OptionableOptionable
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 declared a Semi-Annual dividend on Monday, November 4th. Stockholders of record on Thursday, November 14th will be given a dividend of $0.05 per share on Monday, December 16th. The ex-dividend date of this dividend is Wednesday, November 13th. View Spartan Motors' Dividend History.
How were Spartan Motors' earnings last quarter?
Spartan Motors Inc (NASDAQ:SPAR) announced its quarterly earnings results on Thursday, October, 31st. The company reported $0.35 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.27 by $0.08. The firm earned $288.95 million during the quarter, compared to the consensus estimate of $231.49 million. Spartan Motors had a return on equity of 11.81% and a net margin of 1.70%. The business's revenue was up 27.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.17 earnings per share. View Spartan Motors' Earnings History.
When is Spartan Motors' next earnings date?
What guidance has Spartan Motors issued on next quarter's earnings?
Spartan Motors updated its FY19 earnings guidance on Thursday, October, 31st. The company provided earnings per share (EPS) guidance of $0.89-0.93 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.74. The company issued revenue guidance of $990 million - $1 billion, compared to the consensus revenue estimate of $984.78 million.
What price target have analysts set for SPAR?
3 brokerages have issued 1 year price objectives for Spartan Motors' shares. Their forecasts 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 14.7% from the stock's current price. View Analyst Price Targets for Spartan Motors.
What is the consensus analysts' recommendation for Spartan Motors?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spartan Motors in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Spartan Motors.
Has Spartan Motors been receiving favorable news coverage?
News headlines about SPAR stock have been trending somewhat negative on Friday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Spartan Motors earned a coverage optimism score of -1.9 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Spartan Motors.
Are investors shorting Spartan Motors?
Spartan Motors saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 490,100 shares, an increase of 9.0% from the December 15th total of 449,500 shares. Based on an average trading volume of 280,700 shares, the days-to-cover ratio is presently 1.7 days. Currently, 1.6% of the company's shares are sold short. View Spartan Motors' Current Options Chain.
Who are some of Spartan Motors' key competitors?
Some companies that are related to Spartan Motors include Aptiv (APTV), BorgWarner (BWA), Lear (LEA), Gentex (GNTX), Allison Transmission (ALSN), LCI Industries (LCII), Dorman Products (DORM), Visteon (VC), Dana (DAN), Gentherm (THRM), Standard Motor Products (SMP), American Axle & Manufact. (AXL), Stoneridge (SRI), Tower International (TOWR) and Tenneco (TEN).
What other stocks do shareholders of Spartan Motors own?
Who are Spartan Motors' key executives?
Spartan Motors' management team includes the folowing people:
- Mr. Daryl M. Adams, CEO & Director (Age 57)
- Mr. Frederick J. Sohm, CFO & Treasurer (Age 49)
- Mr. Thomas C. Schultz, Chief Admin. Officer (Age 54)
- Mr. Stephen K. Guillaume, Pres of Specialty Vehicles (Age 51)
- Mr. Thomas T. Kivell, Consultant (Age 66)
Who are Spartan Motors' major shareholders?
Spartan Motors' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Summit Creek Advisors LLC (1.36%), Skyline Asset Management LP (1.05%), Wedge Capital Management L L P NC (0.21%), Strs Ohio (0.11%), Mesirow Financial Investment Management Inc. (0.09%) and Centric Wealth Management (0.04%). Company insiders that own Spartan Motors stock include Daryl M Adams, Dominic A Romeo, Frederick J Sohm, James A Sharman, Paul Anthony Mascarenas, Stephen K Guillaume, Thomas C Schultz, Thomas Kivell and Thomas R Clevinger. View Institutional Ownership Trends for Spartan Motors.
Which institutional investors are selling Spartan Motors stock?
SPAR stock was sold by a variety of institutional investors in the last quarter, including Summit Creek Advisors LLC, Wedge Capital Management L L P NC, Mesirow Financial Investment Management Inc. and Strs Ohio. View Insider Buying and Selling for Spartan Motors.
Which institutional investors are buying Spartan Motors stock?
SPAR stock was acquired by a variety of institutional investors in the last quarter, including Skyline Asset Management LP and Centric Wealth Management. Company insiders that have bought Spartan Motors stock in the last two years include Daryl M Adams, Dominic A Romeo, James A Sharman, Paul Anthony Mascarenas and Thomas R Clevinger. 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, Robinhood, Fidelity and Charles Schwab.
What is Spartan Motors' stock price today?
One share of SPAR stock can currently be purchased for approximately $17.43.
How big of a company is Spartan Motors?
Spartan Motors has a market capitalization of $605.34 million and generates $816.16 million in revenue each year. The company earns $15.01 million in net income (profit) each year or $0.48 on an earnings per share basis. Spartan Motors employs 2,338 workers across the globe.View Additional Information About Spartan Motors.
What is Spartan Motors' official website?
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)
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.
