Headlines about Spartan Motors (NASDAQ:SPAR) have trended somewhat positive on Friday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Spartan Motors earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.3475899554383 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- Jayco and Spartan Motors Partner to Introduce Embark Luxury Clas – KTVN Channel 2 – Reno Tahoe Sparks News, Weather, Video (ktvn.com)
- Spartan Motors (SPAR) Given “Buy” Rating at Seaport Global Securities (americanbankingnews.com)
- Spartan Motors Inc (SPAR) Expected to Post FY2017 Earnings of $0.41 Per Share (americanbankingnews.com)
- Turning Up the Heat on Shares of Spartan Motors, Inc. (NASDAQ:SPAR) – SCY News (scynews.com)
- Brokerages Anticipate Spartan Motors Inc (SPAR) Will Post Quarterly Sales of $174.95 Million (americanbankingnews.com)
Shares of Spartan Motors (NASDAQ:SPAR) traded down $0.25 on Friday, hitting $14.85. 233,000 shares of the stock traded hands, compared to its average volume of 265,225. The firm has a market capitalization of $521.28, a PE ratio of 36.22, a PEG ratio of 1.86 and a beta of 1.21. Spartan Motors has a 1-year low of $6.30 and a 1-year high of $18.10. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.70 and a quick ratio of 0.95.
A number of equities research analysts recently issued reports on SPAR shares. Zacks Investment Research raised shares of Spartan Motors from a “sell” rating to a “hold” rating in a report on Friday, January 5th. Seaport Global Securities reissued a “buy” rating on shares of Spartan Motors in a report on Tuesday. BidaskClub lowered shares of Spartan Motors from a “hold” rating to a “sell” rating in a report on Thursday, January 11th. Sidoti began coverage on shares of Spartan Motors in a research report on Friday, December 1st. They issued a “buy” rating on the stock. Finally, TheStreet raised shares of Spartan Motors from a “c+” rating to a “b” rating in a research report on Thursday, November 2nd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $17.00.
In related news, insider John W. Slawson sold 21,191 shares of the company’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 transaction of $326,765.22. Following the sale, the insider now directly owns 111,165 shares in the company, valued at $1,714,164.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 3.72% of the stock is currently owned by corporate insiders.
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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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