Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Spartan Motors (SPAR) Share Price

Press coverage about Spartan Motors (NASDAQ:SPAR) has been trending somewhat positive on Friday, Accern Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Spartan Motors earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.6523448137233 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:

Spartan Motors (NASDAQ SPAR) traded down $0.50 on Friday, reaching $15.25. 161,300 shares of the company’s stock were exchanged, compared to its average volume of 265,282. The company has a current ratio of 1.70, a quick ratio of 0.95 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $552.88, a PE ratio of 37.20, a price-to-earnings-growth ratio of 1.94 and a beta of 0.92. Spartan Motors has a 52-week low of $6.30 and a 52-week high of $18.10.

A number of brokerages have issued reports on SPAR. BidaskClub downgraded shares of Spartan Motors from a “hold” rating to a “sell” rating in a research report on Thursday, January 11th. TheStreet upgraded shares of Spartan Motors from a “c+” rating to a “b” rating in a research note on Thursday, November 2nd. Zacks Investment Research upgraded shares of Spartan Motors from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a research note on Friday, October 20th. ValuEngine cut shares of Spartan Motors from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Finally, Seaport Global Securities reiterated a “buy” rating on shares of Spartan Motors in a research note on Tuesday, January 16th. Two analysts have rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. Spartan Motors has a consensus rating of “Hold” and an average target price of $17.00.

In other Spartan Motors news, insider John W. Slawson sold 21,191 shares of the business’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $15.42, for a total value of $326,765.22. Following the transaction, the insider now directly owns 111,165 shares in the company, valued at $1,714,164.30. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 3.72% of the stock is owned by 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.

Insider Buying and Selling by Quarter for Spartan Motors (NASDAQ:SPAR)

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