SPAR stock: buy or sell?
February 21st, 2020
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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
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%).
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 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 targetPredicting 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 ShareSpartan 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 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.
|2013||$470 M||-||$-5.97 M-1.3%||-|
|2014||$507 M||7.93%||$1.17 M0.2%||-119.65%|
|2015||$550 M||8.61%||$-16.97 M-3.1%||-1,546.89%|
|2016||$591 M||7.33%||$8.61 M1.5%||-150.73%|
|2017||$707 M||19.69%||$16 M2.3%||85.08%|
|2018||$816 M||15.42%||$15 M1.8%||-5.79%|
Quarterly financial resultsSpartan 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.
|2017-Q1||$167 M||-||$-1 M-0.7%||-|
|2017-Q2||$170 M||1.59%||$1 M0.7%||-201.82%|
|2017-Q3||$189 M||11.47%||$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 M||6.32%||$4 M2.0%||-10.82%|
|2018-Q3||$226 M||22.94%||$5 M2.3%||40.19%|
|2018-Q4||$233 M||3.00%||$2 M0.8%||-65.06%|
Spartan Motors ownershipWhen 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:
|Market cap||$642.9 M|
|Total shares||34.7 M|
|Float shares||33.4 M|
|- Institutional holdings (%)||74.0%|
|- Insider holdings (%)||9.9%|
|Shares in short selling||0.0%|
|Friday, February 21st, 2020|
|Day range||$18.35 - $18.70|
|Average true range||$0.87|
|50d mov avg||$17.99|
|100d mov avg||$17.10|
|200d mov avg||$14.09|
Spartan Motors performanceStocks 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 :