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 company was founded in 1975 and is based in Charlotte, Michigan.
SPAR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Spartan Motors Inc. To summarize, we found that Spartan Motors Inc ranked in the 9th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 93.5%. As for the metrics that stood out in our discounted cash flow analysis of Spartan Motors Inc, consider:
Its compound free cash flow growth rate, as measured over the past 5.76 years, is -0.12% -- higher than only 15.04% of stocks in our DCF forecasting set.
As a business, Spartan Motors Inc experienced a tax rate of about 60% over the past twelve months; relative to its sector (Industrials), this tax rate is higher than 96.84% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as SPAR, try MOG.A, MWA, TRN, AAWW, and CPRT.
Shares of Spartan Motors (NASDAQ:SPAR) were flat in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share increased 700.00% over the past year to $0.32, which beat the estimate of $0.25.Revenue of $176,948,000 lower by 24.37% year over year, which missed the estimate of $180,220,000.Outlook Spartan Motors hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.Details Of The Call Date: May 07, 2020View more earnings on SPARWebcast URL: https://www.webcaster4.com/Webcast/Page/1092/34495Price Action Company's 52-week high was at $20.70Company's 52-week low was at $8.45Price action over last quarter: Up 13.61%Company Profile Spartan Motors Inc is a United States based company working in three ...