Brokers Issue Forecasts for The Shyft Group Q1 Earnings

The Shyft Group, Inc. (NASDAQ:SHYF - Free Report) - Analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for The Shyft Group in a research note issued on Tuesday, February 25th. DA Davidson analyst M. Shlisky forecasts that the company will earn ($0.13) per share for the quarter. DA Davidson currently has a "Buy" rating and a $15.00 target price on the stock. The consensus estimate for The Shyft Group's current full-year earnings is $0.68 per share. DA Davidson also issued estimates for The Shyft Group's FY2026 earnings at $1.03 EPS.

The Shyft Group (NASDAQ:SHYF - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.09). The Shyft Group had a negative net margin of 0.36% and a positive return on equity of 2.75%. The firm had revenue of $201.43 million for the quarter, compared to the consensus estimate of $211.90 million.

Separately, Roth Mkm reissued a "buy" rating and set a $16.00 price objective on shares of The Shyft Group in a report on Tuesday, December 17th.

The Shyft Group Stock Performance

NASDAQ SHYF traded down $0.14 on Thursday, hitting $10.02. 296,411 shares of the stock traded hands, compared to its average volume of 219,116. The business's fifty day moving average is $11.66 and its two-hundred day moving average is $12.56. The Shyft Group has a 12 month low of $9.81 and a 12 month high of $17.56. The firm has a market capitalization of $350.02 million, a price-to-earnings ratio of -111.32 and a beta of 1.66. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.16 and a current ratio of 1.82.

Institutional Investors Weigh In On The Shyft Group

A number of institutional investors and hedge funds have recently made changes to their positions in SHYF. T. Rowe Price Investment Management Inc. raised its position in shares of The Shyft Group by 60.1% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 3,240,017 shares of the company's stock worth $38,038,000 after buying an additional 1,216,701 shares in the last quarter. Ausdal Financial Partners Inc. purchased a new stake in shares of The Shyft Group in the fourth quarter worth $8,789,000. Manatuck Hill Partners LLC raised its position in shares of The Shyft Group by 183.3% in the fourth quarter. Manatuck Hill Partners LLC now owns 425,000 shares of the company's stock worth $4,990,000 after buying an additional 275,000 shares in the last quarter. Royce & Associates LP raised its position in shares of The Shyft Group by 21.4% in the fourth quarter. Royce & Associates LP now owns 1,156,776 shares of the company's stock worth $13,581,000 after buying an additional 203,758 shares in the last quarter. Finally, Nuveen Asset Management LLC raised its position in shares of The Shyft Group by 30.3% in the fourth quarter. Nuveen Asset Management LLC now owns 496,516 shares of the company's stock worth $5,829,000 after buying an additional 115,430 shares in the last quarter. Hedge funds and other institutional investors own 85.84% of the company's stock.

The Shyft Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Thursday, February 27th will be given a $0.05 dividend. The ex-dividend date is Thursday, February 27th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.00%. The Shyft Group's dividend payout ratio (DPR) is presently -222.22%.

About The Shyft Group

The Shyft Group, Inc engages in the manufacture and assembly of specialty vehicles for the commercial and recreational vehicle industries in the United States and internationally. It operates in two segments, Fleet Vehicles and Services, and Specialty Vehicles. The Fleet Vehicles and Services segment offers commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, laundry and linen, mobile retail, and trades and construction industries.