SPAR stock: buy or sell?

SPAR stock price: $18.51 0.05% At close on February 21st, 2020

Updated on:
February 21st, 2020

0

Spartan Motors stayed steady 0.05% to $18.51 after topping to all time highs on February 13th. On Tuesday SPAR collapsed a chilling -7.50%. On February/13 SPAR rocketed an extraordinary 7.30%.

Spartan Motors, Inc., through its subsidiaries, engineers, manufactures, and sells heavy-duty and custom vehicles in the United States, Canada, South America, and Asia.

Should I buy SPAR stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to choose your own trading plan that fits your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Spartan Motors stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Spartan Motors stock a buy?

Financial institutions and banks publish stock ratings everyday. Unfortunately, we couldn't detect any rating for SPAR stock for the last 30 days.

SPAR stock analysis

Daily outlook

After reaching all time highs on February 13th, Spartan Motors stayed stable 0.05% today to $18.51.

On Feb/13, SPAR hit a new all time high, pushing higher than tops. Check different trading setups that use ATHs as triggers. After marking all time highs on Feb 13th, Spartan Motors stayed steady 0.05% to $18.51. Since price and SMA50d lines crossed up on Feb/3, SPAR climbed $1.51 (8.88%).

SPAR stock chart (daily)

Weekly outlook

After boosting an extraordinary 9.30% in a week last week, Spartan Motors closed this week at $18.51 and collapsed a spooky -8.41%.

Not so far away is the last all-time high Spartan Motors marked last week. In a weekly time frame, Spartan Motors stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, SPAR might consolidate in a flat-base, waiting to break out over or down under . Late June 2019, SMA20w and SMA40w crossed up triggering a rise of 82.01%. By mid June 2019 SPAR price bounced up over the SMA of 20 weeks that acted as support stopping new slides.

SPAR stock chart (weekly)

SPAR stock price history

SPAR stock went public on June 19th, 1984 with a price of $0.001. Since then, SPAR stock grew a inf%, with an average of inf% per year. If you had invested $1,000 in SPAR stock in 1984, it would worth $inf today.

1: Adjusted price after possible price splits or reverse-splits.

SPAR stock historical price chart

SPAR stock reached all-time highs on Feb/13 with a price of $20.70.

SPAR stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' SPAR stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not found any price prediction for Spartan Motors stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Spartan Motors presented outstanding results for 2018-Q4 on February. Spartan Motors climbed Earnings per Share (EPS) by 150.00%, beating experts consensus of $0.04. Spartan Motors posted $0.10.
SPAR earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.01n/a
2017-Q2-n/a0.04n/a
2017-Q3-n/a0.39n/a
2017-Q42018-03-010.090.1122.2%
2018-Q12018-05-030.050.0980.0%
2018-Q22018-08-020.120.120.0%
2018-Q32018-10-310.250.17-32.0%
2018-Q42019-02-280.040.1150.0%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Spartan Motors annual sales climbed a super good 15.42% to $816.16 million USD from $707.10 marked in 2017. However, its earnings margin (compared to sales) remained steady to 1.84%, that is $15.01 million.

SPAR annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$470 M-$-5.97 M-1.3%-
2014$507 M7.93%$1.17 M0.2%-119.65%
2015$550 M8.61%$-16.97 M-3.1%-1,546.89%
2016$591 M7.33%$8.61 M1.5%-150.73%
2017$707 M19.69%$16 M2.3%85.08%
2018$816 M15.42%$15 M1.8%-5.79%

Quarterly financial results

Spartan Motors reported $232.96 M in revenues for 2018-Q4, a 3.00% up compared to previous quarter. Reported quarter earnings marked $1.83 million with a profit margin of 0.79%. Profit margin slightly fell a -1.53% compared to previous quarter when profit margin was 2.32%. When comparing revenues to same quarter last year, Spartan Motors sales marked an exceptional gain and boosted a 28.66%. Looking back to recent quarterly results, Spartan Motors posted 3 negative quarters in a row.
SPAR quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$167 M-$-1 M-0.7%-
2017-Q2$170 M1.59%$1 M0.7%-201.82%
2017-Q3$189 M11.47%$13 M7.1%1,102.68%
2017-Q4$181 M-4.31%$2 M1.3%-81.89%
2018-Q1$173 M-4.44%$4 M2.4%71.89%
2018-Q2$184 M6.32%$4 M2.0%-10.82%
2018-Q3$226 M22.94%$5 M2.3%40.19%
2018-Q4$233 M3.00%$2 M0.8%-65.06%

Spartan Motors ownership

When you are planning to buy a stock, it's always worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Spartan Motors, 9.92% of all outstanding shares are owned by its staff.

In case of Spartan Motors stock, 74.01% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for SPAR stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Spartan Motors:

SPAR
Market cap$642.9 M
Total shares34.7 M
Float shares33.4 M
  - Institutional holdings (%)74.0%
  - Insider holdings (%)9.9%
Shares in short selling0.0%

SPAR summary

Friday, February 21st, 2020
Open$18.43
Close$18.51
Day range$18.35 - $18.70
Previous close$18.50
Session gain0.05%
Average true range$0.87
50d mov avg$17.99
100d mov avg$17.10
200d mov avg$14.09
Daily pattern
Weekly pattern lt06a

Spartan Motors performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. In the following table, we compare Spartan Motors performance to :
Stock3m6m12m
SPARSpartan Motors9.85%61.94%102.96%

Spartan Motors competitors

Unfortunately, we could not find any public company that could be defined as Spartan Motors competitor. This doesn't mean Spartan Motors does not have any competitor in the market, it's just we could not detected it.