Sparton Corporation is engaged in one line of business, electronic contract manufacturing services. Products and services include complete “Box Build” products for original equipment manufacturers, microprocessor-based systems, transducers, printed circuit boards and assemblies, sensors and electromechanical devices for the telecommunications, medical/scientific instrumentation, electronics, aerospace and other industries, as well as engineering services relating to these products. The Company also develops and manufactures sonobuoys, anti-submarine warfare devices used by the United States Navy.
The stock is an out-performer with an average yearly return of 78%.The recent downturn of -14% makes the share rather cheap. We estimate the value of the share around $33.50
It’s probably a good moment to purchase some shares with this “B2”-rating.
And now it is: