Spartan Motors (SPAR) Receiving Somewhat Positive News Coverage, Study Finds
Media stories about Spartan Motors (NASDAQ:SPAR) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Spartan Motors earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.585070909362 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of equities analysts recently issued reports on the company. BidaskClub upgraded Spartan Motors from a “strong sell” rating to a “sell” rating in a report on Monday, February 5th. Zacks Investment Research cut Spartan Motors from a “hold” rating to a “sell” rating in a report on Friday. Roth Capital lifted their target price on Spartan Motors from $12.00 to $20.00 and gave the stock a “buy” rating in a report on Tuesday, October 17th. TheStreet upgraded Spartan Motors from a “c+” rating to a “b” rating in a report on Thursday, November 2nd. Finally, Seaport Global Securities restated a “buy” rating on shares of Spartan Motors in a report on Tuesday, January 16th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $17.00.
Shares of Spartan Motors (NASDAQ SPAR) traded up $1.45 during mid-day trading on Friday, hitting $15.55. The stock had a trading volume of 506,631 shares, compared to its average volume of 252,631. Spartan Motors has a twelve month low of $6.30 and a twelve month high of $18.10. The company has a quick ratio of 0.95, a current ratio of 1.70 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $545.85, a P/E ratio of 37.93, a price-to-earnings-growth ratio of 1.92 and a beta of 0.92.
TRADEMARK VIOLATION WARNING: This piece was originally reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of US & international trademark and copyright law. The correct version of this piece can be read at https://theolympiareport.com/2018/02/11/spartan-motors-spar-receiving-somewhat-positive-news-coverage-study-finds.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.