News coverage about Spartan Motors (NASDAQ:SPAR) has trended somewhat positive on Monday, Accern reports. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded 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 0.08 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.4497792087284 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
A number of brokerages have recently weighed in on SPAR. BidaskClub raised shares of Spartan Motors from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 22nd. Zacks Investment Research lowered shares of Spartan Motors from a “hold” rating to a “sell” rating in a research note on Wednesday, December 27th. ValuEngine lowered shares of Spartan Motors from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Sidoti began coverage on shares of Spartan Motors in a research note on Friday, December 1st. They issued a “buy” rating for the company. Finally, TheStreet raised shares of Spartan Motors from a “c+” rating to a “b” rating in a research note on Thursday, November 2nd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $17.00.
Spartan Motors (NASDAQ:SPAR) traded up $0.10 during midday trading on Monday, hitting $14.95. 677,000 shares of the company were exchanged, compared to its average volume of 296,900. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.70 and a quick ratio of 0.95. Spartan Motors has a twelve month low of $6.30 and a twelve month high of $18.10. The company has a market cap of $524.79, a P/E ratio of 36.46, a P/E/G ratio of 1.85 and a beta of 1.21.
Spartan Motors (NASDAQ:SPAR) last released its earnings results on Wednesday, November 1st. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.03). Spartan Motors had a return on equity of 8.04% and a net margin of 2.15%. The business had revenue of $189.22 million during the quarter, compared to the consensus estimate of $185.30 million. During the same quarter in the previous year, the firm earned $0.10 earnings per share. The firm’s revenue for the quarter was up 27.3% compared to the same quarter last year. analysts forecast that Spartan Motors will post 0.41 EPS for the current year.
In related news, insider John W. Slawson sold 21,191 shares of the business’s stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $15.42, for a total value of $326,765.22. Following the sale, the insider now directly owns 111,165 shares in the company, valued at approximately $1,714,164.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.72% of the stock is owned by insiders.
COPYRIGHT VIOLATION NOTICE: “Somewhat Positive Media Coverage Somewhat Unlikely to Affect Spartan Motors (SPAR) Stock Price” was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this piece of content on another domain, it was illegally copied and reposted in violation of U.S. & international trademark and copyright law. The legal version of this piece of content can be accessed at https://www.dispatchtribunal.com/2018/01/22/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-spartan-motors-spar-stock-price.html.
Spartan Motors Company Profile
Spartan Motors, Inc is an engineer and manufacturer in the heavy-duty, custom vehicles marketplace. The Company operates through three segments: Emergency Response Vehicles, Delivery and Service Vehicles, and Specialty Chassis and Vehicles. The Company’s Emergency Response Vehicles segment engineers and manufactures emergency response chassis, emergency response bodies and aerial equipment.
Receive News & Ratings for Spartan Motors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spartan Motors and related companies with MarketBeat.com's FREE daily email newsletter.