NASDAQ:SPAR - Spartan Motors Stock Price, News, & Analysis

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$8.19 +0.15 (+1.87 %)
(As of 11/15/2018 01:25 AM ET)
Previous Close$8.04
Today's Range$8.05 - $8.38
52-Week Range$6.70 - $19.45
Volume307,000 shs
Average Volume261,759 shs
Market Capitalization$293.01 million
P/E Ratio19.05
Dividend Yield1.20%
Beta1.31
Spartan 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
Current SymbolNASDAQ:SPAR
Previous Symbol
CUSIP84681910
Phone517-543-6400

Debt

Debt-to-Equity Ratio0.10
Current Ratio1.74
Quick Ratio1.22

Price-To-Earnings

Trailing P/E Ratio19.05
Forward P/E Ratio19.05
P/E GrowthN/A

Sales & Book Value

Annual Sales$707.10 million
Price / Sales0.41
Cash Flow$0.6952 per share
Price / Cash11.78
Book Value$5.22 per share
Price / Book1.57

Profitability

EPS (Most Recent Fiscal Year)$0.43
Net Income$15.93 million
Net Margins2.04%
Return on Equity9.77%
Return on Assets5.34%

Miscellaneous

Employees2,327
Outstanding Shares35,170,000
Market Cap$293.01 million
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 announced a Semi-Annual dividend on Thursday, November 1st. Investors of record on Wednesday, November 14th will be given a dividend of $0.05 per share on Friday, December 14th. The ex-dividend date of this dividend is Tuesday, 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 Wednesday, October, 31st. The company reported $0.17 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.25 by $0.08. The business earned $226.18 million during the quarter, compared to analyst estimates of $227.27 million. Spartan Motors had a return on equity of 9.77% and a net margin of 2.04%. The company's revenue for the quarter was up 19.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.21 EPS. View Spartan Motors' Earnings History.

When is Spartan Motors' next earnings date?

Spartan Motors is scheduled to release their next quarterly earnings announcement on Thursday, March 7th 2019. View Earnings Estimates for Spartan Motors.

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

Spartan Motors issued an update on its FY18 earnings guidance on Wednesday, October, 31st. The company provided EPS guidance of $0.42-0.48 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.63. The company issued revenue guidance of $800.38 million, compared to the consensus revenue estimate of prior $0.60-0.66.Spartan Motors also updated its FY 2018 guidance to $0.42-0.48 EPS.

What price target have analysts set for SPAR?

4 Wall Street analysts have issued 1 year price objectives for Spartan Motors' stock. Their forecasts range from $12.00 to $12.00. On average, they expect Spartan Motors' share price to reach $12.00 in the next year. This suggests a possible upside of 46.5% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for Spartan Motors.

Has Spartan Motors been receiving favorable news coverage?

Press coverage about SPAR stock has been trending somewhat positive on Thursday, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Spartan Motors earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days.

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. Thomas C. Schultz, Chief Admin. Officer (Age 53)
  • Mr. Frederick J. Sohm, Chief Financial Officer (Leave of Absence) (Age 48)
  • Mr. Stephen K. Guillaume, Pres of Specialty Chassis & Vehicles Bus. Unit (Age 50)
  • Mr. Thomas T. Kivell, Consultant (Age 65)

Who are Spartan Motors' major shareholders?

Spartan Motors' stock is owned by many different of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (7.91%), BlackRock Inc. (6.62%), Royce & Associates LP (2.71%), Renaissance Technologies LLC (2.11%), Fuller & Thaler Asset Management Inc. (1.74%) and Allianz Asset Management GmbH (1.72%). Company insiders that own Spartan Motors stock include Daryl M Adams, Dominic A Romeo, Frederick J Sohm, John A Forbes, John W Slawson, Paul Anthony Mascarenas, Richard R Current, Stephen K Guillaume, Thomas C Schultz and Thomas Kivell. 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 BlackRock Inc., Citadel Advisors LLC, BlueMountain Capital Management LLC, Bridgeway Capital Management Inc., Royce & Associates LP, Paloma Partners Management Co, Pacific Ridge Capital Partners LLC and Russell Investments Group Ltd.. 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 institutional investors are buying Spartan Motors stock?

SPAR stock was acquired by a variety of institutional investors in the last quarter, including Schwerin Boyle Capital Management Inc., Baird Financial Group Inc., Allianz Asset Management GmbH, Assenagon Asset Management S.A., Kirr Marbach & Co. LLC IN, Zuckerman Investment Group LLC, Wesbanco Bank Inc. and Hodges Capital Management Inc.. Company insiders that have bought Spartan Motors stock in the last two years include Daryl M Adams, Dominic A Romeo, Frederick J Sohm, John W Slawson, Paul Anthony Mascarenas 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 $8.19.

How big of a company is Spartan Motors?

Spartan Motors has a market capitalization of $293.01 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.

What is Spartan Motors' official website?

The official website for Spartan Motors is http://www.spartanmotors.com.

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:  2.1 out of 5 (star star)
Outperform Votes:  184 (Vote Outperform)
Underperform Votes:  248 (Vote Underperform)
Total Votes:  432
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 11/15/2018 by MarketBeat.com Staff

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