Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last $24.34 USD
Change Today +0.43 / 1.80%
Volume 33.3K
SPA On Other Exchanges
New York
As of 4:15 PM 10/8/15 All times are local (Market data is delayed by at least 15 minutes).

sparton corp (SPA) Snapshot

Previous Close
Day High
Day Low
52 Week High
06/26/15 - $29.49
52 Week Low
02/4/15 - $19.60
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for SPARTON CORP (SPA)

Related News

No related news articles were found.

sparton corp (SPA) Related Businessweek News

No Related Businessweek News Found

sparton corp (SPA) Details

Sparton Corporation, together with its subsidiaries, provides design, development, and manufacturing services for electromechanical devices, as well as sophisticated engineered products in electromechanical value stream. The company operates through two segments, Manufacturing & Design Services and Engineered Components & Products. The Manufacturing & Design Services segment is involved in contract design, manufacturing, and aftermarket repair and refurbishment of printed circuit card assemblies, sub-assemblies, full product assemblies, and cable/wire harnesses for customers seeking to bring their intellectual property to market, as well as develops embedded software and software quality assurance services in connection with medical devices and diagnostic equipment. This segment serves OEM and ET customers serving the medical and biotechnology, military and aerospace, and industrial and commercial markets. The Engineered Components & Products segment designs, develops, and produces proprietary products for domestic and foreign defense and commercial applications. It offers anti-submarine warfare devices for the U.S. Navy and foreign governments; ruggedized flat panel display systems for military panel PC workstations, air traffic control and industrial, and commercial marine applications; and high performance industrial grade computer systems and peripherals, as well as develops and markets commercial products for underwater acoustics and microelectromechanical based inertial measurement. This segment also performs an engineering development function for the United States military and prime defense contractors. The company was founded in 1900 and is headquartered in Schaumburg, Illinois.

1,823 Employees
Last Reported Date: 09/8/15
Founded in 1900

sparton corp (SPA) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $538.2K
Senior Vice President of Operations
Total Annual Compensation: $291.6K
Senior Vice President of Quality & Engineerin...
Total Annual Compensation: $253.1K
Senior Vice President of Corporate Developmen...
Total Annual Compensation: $252.0K
Compensation as of Fiscal Year 2015.

sparton corp (SPA) Key Developments

Sparton Corporation to Close Lawrenceville, Georgia Manufacturing Facility

Sparton Corporation announced the closing of its Lawrenceville, GA manufacturing operations no later than June 30, 2016. The closing is in-line to actions being taken related to acquisition synergies that optimize its facility footprint. The Lawrenceville facility was acquired as part of the Hunter Technology acquisition in April 2015 and has been operating within the Manufacturing & Design Services (MDS) segment. Products currently manufactured in Lawrenceville will be transferred to the Company’s other MDS facilities. Customer orders will not be affected by the transfer to other facilities. The closing affects 82 employees and Sparton will work with various State and local agencies to provide displaced employees with job search assistance, basic skills training and counseling.

Sparton Corp. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended June 30, 2015; Provides Earnings Guidance for the Fiscal Years 2015 and 2016

Sparton Corp. announced unaudited consolidated earnings results for the fourth quarter and full year ended June 30, 2015. For the quarter, the company reported net sales of $126,393,000 against $93,500,000 a year ago. Operating income was $8,809,000 against $4,984,000 a year ago. Adjusted operating income was $11,605,000 against $9,303,000 a year ago. Net income was $5,098,000 or $0.51 per diluted share against $2,971,000 or $0.29 per diluted share a year ago. Adjusted net income was $6,473,000 or $0.65 per diluted share against $5,698,000 or $0.56 per diluted share a year ago. Adjusted EBITDA was $15,360,000 against $11,920,000 a year ago. Income before income taxes was $7,944,000 against $4,729,000 a year ago. For the full year, the company reported net sales of $382,125,000 against $336,501,000 a year ago. Operating income was $17,252,000 against $20,251,000 a year ago. Adjusted operating income was $21,760,000 against $25,014,000 a year ago. Net income was $10,898,000 or $1.10 per diluted share against $12,987,000 or $1.28 per diluted share a year ago. Adjusted net income was $13,066,000 or $1.30 per diluted share against $16,013,000 or $1.58 per diluted share a year ago. Adjusted EBITDA was $34,305,000 against $34,979,000 a year ago. Income before income taxes was $14,955,000 against $19,602,000 a year ago. Net cash provided by operating activities was $4,537,000 against $12,451,000 a year ago. Purchases of property, plant and equipment was $5,802,000 against $3,501,000 a year ago. For fiscal 2016, the company is optimistic that it will achieve its customary annual organic growth target of 3%-5% with the fenwal rebalancing activities behind us. Not only is the focus on the top line with revenue performance, but more importantly, the flow through of that revenue as EBITDA and, ultimately, earnings per share. The company had a strong fourth quarter to finish fiscal 2015 and expect to carry that momentum into next fiscal with a focus on increasing top line sales organically, supported by a solid new business funnel, and expanding margins, through continued cost reduction and synergy initiatives, for what The company expects to be a successful fiscal 2016 on all fronts.

Sparton Corp. Announces Management Changes

Sparton Corp. announced that Joseph G. McCormack was appointed as the Company's Senior Vice President, Chief Financial Officer, effective September 8, 2015. Mr. McCormack, most recently served as Senior Financial Consultant to the Company, since June of 2015. Prior to that, Mr. McCormack served as a consultant to private equity firms and public and private companies, where he provided temporary Chief Financial Officer services, financial and operational diligence for business acquisitions, and financial policy and procedures development services, from May of 2012 to June of 2015, and as Chief Financial Officer of Ingenient Technologies Inc. Effective September 8, 2015, Cary B. Wood, President and CEO, will no longer serve as interim principal financial officer for the Company.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SPA:US $24.34 USD +0.43

SPA Competitors

Market data is delayed at least 15 minutes.

Company Last Change
American Science & Engineering Inc $36.99 USD -0.28
Ducommun Inc $21.63 USD +0.24
Exactech Inc $18.78 USD +0.27
LMI Aerospace Inc $11.06 USD +0.20
Maxwell Technologies Inc $6.09 USD +0.06
View Industry Companies

Industry Analysis


Industry Average

Valuation SPA Industry Range
Price/Earnings 21.3x
Price/Sales 0.6x
Price/Book 2.0x
Price/Cash Flow 13.2x
TEV/Sales 0.2x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SPARTON CORP, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at