SPAR

[Terliso]

BUSINESS SUMMARY  
Spartan Motors, Inc., through its subsidiaries, engages in the engineering and manufacture of custom motor vehicle chassis and bodies in the United States and internationally. The company operates in two segments, Chassis Group and Emergency Vehicle Team. The Chassis Group segment engineers, manufactures, and markets chassis for fire trucks, motorhomes, and specialty applications, such as trolleys, utility trucks, and crash-rescue vehicles. It markets its custom manufactured chassis primarily through original equipment manufacturers, dealers, and end-users in the United States and Canada. The Emergency Vehicle Team offers emergency vehicles built on chassis platforms purchased from either the Chassis Group or outside sources; and manufactures aerial ladder components for fire trucks, as well as ambulances and rescue vehicles. Spartan Motors was co-founded by George Sztykiel and William F. Foster in 1975 and is headquartered in Charlotte, Michigan

[Terliso]

SPAR

[Terliso]

I think that was a breakaway gap right there... SPAR is getting ready for breakout

[Terliso]

I think that was a breakaway gap right there... SPAR is getting ready for breakout

After Hours (RT-ECN): 17.34  0.45 (2.66%)

News: 07-27-06
Spartan Motors Announces Best-Ever Quarterly Sales & Earnings
News: 07-27-06
Spartan Motors Added to New NASDAQ Global Select Market

[422fwhp]

Do you have a target?

...a lot of selling volume?

[Terliso]

Update:

52 week high

[la-onda]

nice play Terliso, applaud
as I am invested also in FRPT, I have passed SPAR 

[Terliso]

You are making  a heck of  profits now in FRPT

SPAR hit it again today

[422fwhp]

You are making  a heck of  profits now in FRPT

SPAR hit it again today

  I own both too!  I sold almost half of SPAR on Friday to lock in some profits.  FRPT has consolidated well and should be ready to make a move towards $11.

[Terliso]

SPAR is up 62% after five months

[tokyopua]

Humongous, bodacious, mind boggling volume lol!   

http://stockcharts.com/h-sc/ui?s=SPAR&p=DAILY&b=5&g=0&id=p

Got in today at 20.99 

[setravis]

Dang Terliso !
Next time you sniff out one like this , send me a PM...

Applaud the Pick !!!

Spartan Motors 4Q Profit Triples.......

52wk Range: 6.74 - 23.02
Volume: 2,694,111
Avg Vol (3m): 231,184

Technicals
Record Volume......
Record Price High.......
Gap Up
Percentage Gainer
Price Gainer

Last Price Quote is:
31.24%above 13-day MA
43.91%above 50-day MA
RS Rating: 96 

Fundamentals
Reports Earnings
Earnings Expected on Feb 15

Key Data:
Market Cap (M): $239.81 
P/E Ratio: 17.59 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Neutral

[setravis]

Spartan Motors 4Q Profit Triples.......


UPDATE 3-Spartan Motors shares touch all-time high after results
(Recasts, adds CEO, analyst comments)

BANGALORE, Feb 15 (Reuters) - Shares of Spartan Motors Inc. (SPAR,Trade) hit an all-time high on Thursday after the company's quarterly results beat market estimates, driven by increased chassis sales to its recreational vehicles, fire truck and specialty vehicle customers.

Shares of the Charlotte, Michigan-based automotive chassis maker rose almost 25 percent to $21.93 in intra-day trade, making it one of the top percentage gainers on the Nasdaq.

"Our growth in 2006 increased without any new significant product introductions," John Sztykiel, chief executive, said in a statement.

"We are in the process of introducing two new significant products to serve the fire apparatus market at Crimson Fire and Spartan Chassis in 2007, which we anticipate will make positive contributions into 2008," Sztykiel said.

There is a big momentum as far as auto parts suppliers are concerned due to their structural changes to reduce costs and the trend of private equity funds trying to invest in such companies that have positive cash flow, Morningstar analyst Ramesh Poola said over the telephone.

Poola, who covers the sector but not Spartan, said the market reaction could be seen as a response to these positive trends.

STRONG CHASSIS

The company said sales at Spartan Chassis, its largest operating subsidiary, rose about 76 percent, contributing 92 percent of the total sales.

The company said despite the downturn in the recreational vehicle industry during the year, Spartan RV chassis sales increased 7.9 percent in 2006.

"Industry analysts are forecasting an RV industry recovery late in the second quarter of 2007," said CEO Sztykiel.

"We seem to be accelerating at a faster pace than the market based on our order intake for motorhome chassis in the first quarter of 2007, which is already higher than the previous quarter and compared to the first quarter of 2006," he added. Earlier, the company said including a charge of 10 cents per share, its fourth-quarter earnings more than tripled to 16 cents a share from a year ago.

Analysts on average were looking for a profit of 17 cents a share, excluding special items, according to Reuters Estimates.

Net sales for the quarter rose about 64 percent to $123.6 million, beating analysts' estimates of $102.3 million.

Spartan shares were trading up $3.91 at $20.80 in afternoon trade. (Reporting by Sunil Mathew Paul)

[tokyopua]

Yeah, this was a T3ML story from way back   

I also have to applaud nica33 who caught this baby this morning and told us about it in the 3 Stocks on Fire market thread, thanks!!!

[Terliso]

Dang Terliso !
Next time you sniff out one like this , send me a PM...

Applaud the Pick !!!

Spartan Motors 4Q Profit Triples.......

Check out BWLD, company reported earnigs today and it was outstanding. up 10% after hours.