The Shyft Group (NASDAQ:SHYF - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.690-0.920 for the period, compared to the consensus estimate of 0.700. The company issued revenue guidance of $870.0 million-$970.0 million, compared to the consensus revenue estimate of $919.6 million.
The Shyft Group Price Performance
The Shyft Group stock traded down $0.60 during trading hours on Monday, hitting $10.58. 402,826 shares of the stock were exchanged, compared to its average volume of 200,861. The stock has a market capitalization of $364.73 million, a P/E ratio of -117.49 and a beta of 1.66. The business's 50-day moving average is $11.86 and its two-hundred day moving average is $12.66. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.16 and a current ratio of 1.82. The Shyft Group has a 12 month low of $9.81 and a 12 month high of $17.56.
The Shyft Group (NASDAQ:SHYF - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.14 by ($0.09). The business had revenue of $201.43 million for the quarter, compared to the consensus estimate of $211.90 million. The Shyft Group had a positive return on equity of 2.75% and a negative net margin of 0.36%. Equities research analysts expect that The Shyft Group will post 0.68 EPS for the current fiscal year.
The Shyft Group Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Thursday, February 27th will be given a dividend of $0.05 per share. The ex-dividend date is Thursday, February 27th. This represents a $0.20 annualized dividend and a yield of 1.89%. The Shyft Group's dividend payout ratio (DPR) is -222.20%.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on SHYF. Roth Mkm restated a "buy" rating and set a $16.00 target price on shares of The Shyft Group in a research report on Tuesday, December 17th. DA Davidson upgraded shares of The Shyft Group from a "neutral" rating to a "buy" rating and set a $15.00 price objective on the stock in a report on Wednesday, January 15th.
View Our Latest Stock Report on SHYF
About The Shyft Group
(
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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.
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