Media coverage about Spartan Motors (NASDAQ:SPAR) has trended somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Spartan Motors earned a news impact score of 0.13 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.6246173566439 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the news stories that may have effected Accern’s scoring:

A number of brokerages have recently commented on SPAR. Zacks Investment Research cut shares of Spartan Motors from a “buy” rating to a “hold” rating in a report on Tuesday, May 9th. TheStreet raised shares of Spartan Motors from a “c” rating to a “b-” rating in a report on Monday, May 15th. BidaskClub cut shares of Spartan Motors from a “strong-buy” rating to a “buy” rating in a report on Thursday, July 27th. Finally, Roth Capital set a $12.00 target price on shares of Spartan Motors and gave the company a “buy” rating in a report on Tuesday, August 1st. One analyst has rated the stock with a hold rating and three have given a buy rating to the company. Spartan Motors presently has an average rating of “Buy” and an average price target of $10.67.

Shares of Spartan Motors (NASDAQ:SPAR) traded up 1.73% during midday trading on Friday, hitting $8.80. 117,752 shares of the stock were exchanged. The firm has a 50-day moving average price of $8.90 and a 200-day moving average price of $8.26. Spartan Motors has a 12-month low of $6.30 and a 12-month high of $10.50. The company has a market cap of $308.82 million, a PE ratio of 82.24 and a beta of 1.11.

Spartan Motors (NASDAQ:SPAR) last posted its earnings results on Thursday, August 3rd. The company reported $0.07 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.06 by $0.01. Spartan Motors had a net margin of 0.59% and a return on equity of 5.57%. The business had revenue of $169.70 million for the quarter, compared to analyst estimates of $167.83 million. During the same quarter in the prior year, the firm earned $0.19 EPS. The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. On average, equities analysts predict that Spartan Motors will post $0.50 EPS for the current year.

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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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