Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding Sparton Corporation is 'Hold'. Macroaxis provides Sparton buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Sparton positions. The advice algorithm takes into account all of Sparton available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Sparton buy-and-hold prospective. Also please take a look at Sparton Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.
For the selected time horizon Sparton Corporation has a risk adjusted performance of 0.1471, jensen alpha of 0.0165, total risk alpha of 0.0072, sortino ratio of (0.24) and treynor ratio of (0.70)Our advice tool can be used to cross verify current analyst consensus on Sparton and to analyze the corporation potential to grow in the current economic cycle. To make sure Sparton is not overpriced, please validate all Sparton fundamentals including its EBITDA, Cash Flow from Operations and the relationship between Price to Book and Total Debt . Given that Sparton has Price to Earning of 46.03X, we advise you double-check Sparton Corporation market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your current risk tolerance and investing horizon.
Sparton Corporation exhibits very low volatility with skewness of -0.35 and kurtosis of 1.38. However, we advise investors to further study Sparton Corporation technical indicators to make sure all market info is available and is reliable.
Acquisition by Cary Wood of 24261 shares of Sparton subject to Rule 16b-3 [view details]
Trading Alerts and Improvement Suggestions
Sparton has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments
The company has 64.13M in debt with debt to equity (D/E) ratio of 84.9 . This implies that the company may be unable to create cash to meet all of its financial commitments. Sparton has Current Ratio of 0.97 suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
Also please take a look at Sparton Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.