The Shyft Group (NASDAQ:SHYF) Releases Earnings Results, Misses Expectations By $0.09 EPS

The Shyft Group (NASDAQ:SHYF - Get Free Report) posted its earnings results on Thursday. The company reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates of $0.14 by ($0.09), Zacks reports. The Shyft Group had a negative net margin of 0.36% and a positive return on equity of 2.75%. The company had revenue of $201.43 million during the quarter, compared to the consensus estimate of $211.90 million. The Shyft Group updated its FY 2025 guidance to 0.690-0.920 EPS.

The Shyft Group Stock Performance

NASDAQ:SHYF traded down $0.61 on Monday, reaching $10.56. 461,983 shares of the company's stock were exchanged, compared to its average volume of 202,340. The firm has a market cap of $364.21 million, a price-to-earnings ratio of -117.32 and a beta of 1.66. The stock has a fifty day simple moving average of $11.86 and a 200-day simple moving average of $12.66. The Shyft Group has a 52 week low of $9.81 and a 52 week high of $17.56. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.82 and a quick ratio of 1.16.

The Shyft Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Thursday, February 27th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Thursday, February 27th. This represents a $0.20 annualized dividend and a yield of 1.89%. The Shyft Group's payout ratio is -222.20%.

Analysts Set New Price Targets

SHYF has been the subject of a number of research analyst reports. DA Davidson raised The Shyft Group from a "neutral" rating to a "buy" rating and set a $15.00 price target for the company in a research report on Wednesday, January 15th. Roth Mkm reiterated a "buy" rating and set a $16.00 target price on shares of The Shyft Group in a research note on Tuesday, December 17th.

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.