Spartan Motors (SPAR) Receiving Somewhat Favorable Press Coverage, Analysis Shows

News articles about Spartan Motors (NASDAQ:SPAR) have been trending somewhat positive on Sunday, Accern reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Spartan Motors earned a daily sentiment score of 0.01 on Accern’s scale. Accern also gave media stories about the company an impact score of 47.1078720971417 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the news articles that may have effected Accern Sentiment’s analysis:

Spartan Motors (NASDAQ:SPAR) opened at $14.45 on Friday. Spartan Motors has a 1-year low of $6.30 and a 1-year high of $17.20. The company has a current ratio of 1.70, a quick ratio of 0.95 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $507.24, a price-to-earnings ratio of 40.14, a price-to-earnings-growth ratio of 2.35 and a beta of 1.23.

Spartan Motors (NASDAQ:SPAR) last posted its quarterly earnings data on Wednesday, November 1st. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.03). Spartan Motors had a return on equity of 8.04% and a net margin of 2.15%. The firm had revenue of $189.22 million for the quarter, compared to analyst estimates of $185.30 million. During the same period in the prior year, the company posted $0.10 EPS. The firm’s quarterly revenue was up 27.3% compared to the same quarter last year. equities analysts expect that Spartan Motors will post 0.41 earnings per share for the current year.

The company also recently disclosed a Semi-Annual dividend, which will be paid on Friday, December 15th. Shareholders of record on Wednesday, November 15th will be issued a dividend of $0.05 per share. This represents a yield of 0.65%. The ex-dividend date is Tuesday, November 14th. Spartan Motors’s dividend payout ratio is 24.39%.

A number of equities research analysts recently commented on the company. TheStreet upgraded Spartan Motors from a “c+” rating to a “b” rating in a research report on Thursday, November 2nd. Zacks Investment Research lowered Spartan Motors from a “buy” rating to a “hold” rating in a research report on Saturday, November 4th. Roth Capital increased their price target on Spartan Motors from $12.00 to $20.00 and gave the stock a “buy” rating in a research report on Tuesday, October 17th. Finally, Craig Hallum set a $20.00 price target on Spartan Motors and gave the stock a “buy” rating in a research report on Friday, October 13th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $17.00.

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About Spartan Motors

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.

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