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NASDAQ:SPARSpartan Motors Stock Price, Forecast & News

$12.15
-0.16 (-1.30 %)
(As of 04/8/2020 08:23 AM ET)
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Today's Range
$12.03
Now: $12.15
$13.05
50-Day Range
$9.41
MA: $13.72
$20.21
52-Week Range
$8.45
Now: $12.15
$20.70
Volume358,778 shs
Average Volume359,546 shs
Market Capitalization$430.45 million
P/E RatioN/A
Dividend Yield0.81%
Beta1.52
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. 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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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.0Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.09 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$756.54 million
Cash Flow$2.24 per share
Book Value$4.95 per share

Profitability

Net Income$-12,570,000.00

Miscellaneous

Employees2,724
Market Cap$430.45 million
Next Earnings Date5/7/2020 (Estimated)
OptionableOptionable

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Spartan Motors (NASDAQ:SPAR) Frequently Asked Questions

How has Spartan Motors' stock been impacted by COVID-19 (Coronavirus)?

Spartan Motors' stock was trading at $11.36 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SPAR stock has increased by 7.0% and is now trading at $12.15. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Spartan Motors' next earnings date?

Spartan Motors is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Spartan Motors.

How were Spartan Motors' earnings last quarter?

Spartan Motors Inc (NASDAQ:SPAR) announced its earnings results on Thursday, March, 12th. The company reported $0.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.36 by $0.11. The company earned $178 million during the quarter, compared to analyst estimates of $192.70 million. Spartan Motors had a negative net margin of 1.32% and a positive return on equity of 19.05%. The company's revenue was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.10 earnings per share. View Spartan Motors' earnings history.

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 is Wednesday, November 13th. View Spartan Motors' dividend history.

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

Spartan Motors updated its FY20 earnings guidance on Thursday, March, 12th. The company provided earnings per share (EPS) guidance of $1.20-1.30 for the period, compared to the Thomson Reuters consensus estimate of $1.09. The company issued revenue guidance of $730-780 million, compared to the consensus revenue estimate of $753.19 million.

What price target have analysts set for SPAR?

3 equities research analysts have issued 12-month target prices for Spartan Motors' stock. Their forecasts range from $20.00 to $20.00. On average, they expect Spartan Motors' stock price to reach $20.00 in the next twelve months. This suggests a possible upside of 64.6% from the stock's current price. View analysts' price targets for Spartan Motors.

Has Spartan Motors been receiving favorable news coverage?

Headlines about SPAR stock have trended very negative recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Spartan Motors earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutSpartan Motors.

Are investors shorting Spartan Motors?

Spartan Motors saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 535,900 shares, an increase of 16.2% from the February 27th total of 461,300 shares. Based on an average daily volume of 351,100 shares, the short-interest ratio is presently 1.5 days. Approximately 1.7% of the shares of the stock are short sold. View Spartan Motors' Current Options Chain.

Who are some of Spartan Motors' key competitors?

What other stocks do shareholders of Spartan Motors own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Spartan Motors investors own include Intelsat (I), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), Bank of America (BAC), AMC Entertainment (AMC), First Data (FDC), Apollo Global Management (APO), tronc (TRNC) and China Unicom (Hong Kong) (CHU).

Who are Spartan Motors' key executives?

Spartan Motors' management team includes the following 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)

What is Spartan Motors' stock symbol?

Spartan Motors trades on the NASDAQ under the ticker symbol "SPAR."

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 $12.15.

How big of a company is Spartan Motors?

Spartan Motors has a market capitalization of $430.45 million and generates $756.54 million in revenue each year. The company earns $-12,570,000.00 in net income (profit) each year or $1.24 on an earnings per share basis. Spartan Motors employs 2,724 workers across the globe. View additional information about Spartan Motors.

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 41280 BRIDGE STREET, NOVI MI, 48375. The company can be reached via phone at 517-543-6400 or via email at [email protected]

This page was last updated on 4/8/2020 by MarketBeat.com Staff

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