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Last $4.56 USD
Change Today -0.02 / -0.44%
Volume 85.6K
As of 5:20 PM 07/1/15 All times are local (Market data is delayed by at least 15 minutes).

spartan motors inc (SPAR) Snapshot

Previous Close
Day High
Day Low
52 Week High
11/3/14 - $5.71
52 Week Low
05/8/15 - $4.19
Market Cap
Average Volume 10 Days
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Dividend Yield
Current Stock Chart for SPARTAN MOTORS INC (SPAR)

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spartan motors inc (SPAR) Details

Spartan Motors, Inc, through its subsidiaries, engineers, manufactures, and sells heavy-duty and custom vehicles in the United States, Canada, South America, and Asia. The company operates in three segments: Emergency Response Vehicles, Delivery and Service Vehicles, and Specialty Chassis and Vehicles. The Emergency Response Vehicles segment offers emergency response chassis and bodies, and aerial ladders. The Service and Delivery Vehicles segment provides walk-in vans and hi-cube vans for use in the package delivery, one-way truck rental, bakery/snack delivery, utility, and linen/uniform rental businesses; and commercial truck bodies, as well as sells aftermarket parts and assemblies. The Specialty Chassis and Vehicles segment offers motor home chassis, defense vehicles, and other specialty chassis, as well as distributes related aftermarket parts and assemblies. Spartan Motors, Inc. markets its products under the Spartan ERV, Aeromaster, Trademaster, Metromaster, Utilivan, and Utilimaster brand names. The company sells its products through a network of independent truck dealers to commercial vehicle dealers, original equipment manufacturers, and leasing companies, as well as and directly to end-users. Spartan Motors, Inc. was founded in 1975 and is headquartered in Charlotte, Michigan.

1,433 Employees
Last Reported Date: 03/5/15
Founded in 1975

spartan motors inc (SPAR) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $173.7K
Chief Financial Officer
Total Annual Compensation: $214.9K
President of Utilimaster Corporation
Total Annual Compensation: $225.0K
Executive Officer of Special Projects
Total Annual Compensation: $225.0K
Total Annual Compensation: $404.9K
Compensation as of Fiscal Year 2014.

spartan motors inc (SPAR) Key Developments

Spartan Motors Inc.(NasdaqGS:SPAR) dropped from Russell 3000 Index

Spartan Motors Inc. will be removed from Russell 3000 Index.

Vyper Adamas, Inc. Announces Teaming Agreement with Spartan Motors, Inc

Vyper Adamas Inc. announced a teaming agreement with Spartan Chassis, a business unit of Spartan Motors Inc., which calls for Spartan to produce high-quality, custom Vyper platforms for defense and commercial applications. Spartan has been awarded multiple subcontract orders for advanced tactical vehicles under the International Light Armored Vehicle (ILAV), Mine Resistant Ambush Protected (MRAP) and Medium Mine Protected Vehicle (MMPV) programs.

Spartan Motors Inc. Announces Executive Changes

On May 18, 2015, Spartan Motors Inc. announced the appointment of Steve Guillaume as President of the Specialty Chassis and Vehicles business unit, effective May 11, 2015. Arthur D. Ickes, who previously served as President of the Specialty Chassis and Vehicles business unit has been appointed to the position of Executive Officer, Special Projects, reporting to the company’s CEO, Daryl Adams.


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Industry Analysis


Industry Average

Valuation SPAR Industry Range
Price/Earnings 100.0x
Price/Sales 0.3x
Price/Book 0.9x
Price/Cash Flow 362.5x
TEV/Sales 0.3x

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