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

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$14.35 +0.10 (+0.70 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$14.35
Today's Range$14.10 - $14.55
52-Week Range$8.55 - $19.45
Volume188,793 shs
Average Volume249,948 shs
Market Capitalization$512.03 million
P/E Ratio33.37
Dividend Yield0.71%
Beta0.64
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 Ratio1.78
Quick Ratio1.28

Price-To-Earnings

Trailing P/E Ratio33.37
Forward P/E Ratio22.42
P/E GrowthN/A

Sales & Book Value

Annual Sales$707.10 million
Price / Sales0.71
Cash Flow$0.6973 per share
Price / Cash20.58
Book Value$4.79 per share
Price / Book3.00

Profitability

EPS (Most Recent Fiscal Year)$0.43
Net Income$15.93 million
Net Margins3.28%
Return on Equity10.84%
Return on Assets5.91%

Miscellaneous

Employees2,327
Outstanding Shares35,190,000
Market Cap$512.03 million

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 quarterly earnings results on Thursday, August, 2nd. The company reported $0.12 EPS for the quarter, hitting the consensus estimate of $0.12. The firm earned $183.98 million during the quarter, compared to analyst estimates of $190.85 million. Spartan Motors had a net margin of 3.28% and a return on equity of 10.84%. The company's quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.07 earnings per share. View Spartan Motors' Earnings History.

When is Spartan Motors' next earnings date?

Spartan Motors is scheduled to release their next quarterly earnings announcement on Wednesday, November, 7th 2018. View Earnings Estimates for Spartan Motors.

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

Spartan Motors updated its FY18 earnings guidance on Thursday, August, 2nd. 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 $0.64. The company issued revenue guidance of $790-815 million, compared to the consensus revenue estimate of $808.67 million.

What price target have analysts set for SPAR?

4 brokers have issued twelve-month price objectives for Spartan Motors' stock. Their forecasts range from $20.00 to $20.00. On average, they anticipate Spartan Motors' stock price to reach $20.00 in the next twelve months. This suggests a possible upside of 39.4% 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.

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. Stephen K. Guillaume, Pres of Specialty Chassis & Vehicles Bus. Unit (Age 50)
  • Mr. Thomas T. Kivell, Consultant (Age 65)

Has Spartan Motors been receiving favorable news coverage?

Media coverage about SPAR stock has trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Spartan Motors earned a coverage optimism score of 0.03 on Accern's scale. They also gave news articles about the company an impact score of 45.46 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for Spartan Motors.

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 (7.88%), BlackRock Inc. (6.96%), Royce & Associates LP (2.79%), Renaissance Technologies LLC (2.03%), Fuller & Thaler Asset Management Inc. (1.80%) and Summit Creek Advisors LLC (1.70%). Company insiders that own Spartan Motors stock include Daryl M Adams, Frederick J Sohm, John A Forbes, John W Slawson, 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 Segall Bryant & Hamill LLC, Ariel Investments LLC, Millennium Management LLC, Algert Global LLC, Royce & Associates LP, Dimensional Fund Advisors LP, Heartland Advisors Inc. and Renaissance Technologies LLC. 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 bought by a variety of institutional investors in the last quarter, including Summit Creek Advisors LLC, Fuller & Thaler Asset Management Inc., Centaurus Financial Inc., BlackRock Inc., Citadel Advisors LLC, Russell Investments Group Ltd., Wesbanco Bank Inc. and BlueMountain Capital Management LLC. 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 $14.35.

How big of a company is Spartan Motors?

Spartan Motors has a market capitalization of $512.03 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:  2.1 out of 5 (star star)
Outperform Votes:  160 (Vote Outperform)
Underperform Votes:  215 (Vote Underperform)
Total Votes:  375
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 8/18/2018 by MarketBeat.com Staff

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