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NASDAQ:SHYF

The Shyft Group (SHYF) Stock Price, News & Analysis

The Shyft Group logo
$11.81 -0.59 (-4.79%)
As of 01:04 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About The Shyft Group Stock (NASDAQ:SHYF)

Key Stats

Today's Range
$11.80
$12.87
50-Day Range
$10.31
$14.02
52-Week Range
$9.81
$17.56
Volume
106,011 shs
Average Volume
190,834 shs
Market Capitalization
$407.19 million
P/E Ratio
N/A
Dividend Yield
1.69%
Price Target
$15.50
Consensus Rating
Buy

Company Overview

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. This segment markets its commercial vehicles, including walk-in vans, cutaway vans, and truck bodies under the Aeromaster, Velocity, Trademaster, and Utilivan brands; and vocation-specific equipment upfit services under the Utilimaster Upfit Services and Strobes-R-Us brands. It also installs specialty interior and exterior up-fit equipment for walk-in vans, truck bodies, cargo vans, and light duty pick-up trucks; and provides aftermarket support, including parts sales and field services, as well as parts and accessories. The Specialty Vehicles segment provides diesel motor home chassis; and truck bodies under the Royal Truck Body and DuraMag brands. The segment also provides final assembly services for Isuzu N-gas and F-series chassis under the Builtmore Contract Manufacturing brand; and designs and installs custom lighting and upfit solutions for a range of specialty industries. In addition, this segment provides truck accessories under the Magnum brand; and a range of parts and accessories, and maintenance and repair services for its motorhome and specialty chassis. It sells its products to commercial users, original equipment manufacturers, dealers, individuals, municipalities, and other government entities. The company was formerly known as Spartan Motors, Inc. and changed its name to The Shyft Group, Inc. in June 2020. The Shyft Group, Inc. was incorporated in 1975 and is headquartered in Novi, Michigan.

The Shyft Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
81st Percentile Overall Score

SHYF MarketRank™: 

The Shyft Group scored higher than 81% of companies evaluated by MarketBeat, and ranked 34th out of 89 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    The Shyft Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    The Shyft Group has only been the subject of 2 research reports in the past 90 days.

  • Read more about The Shyft Group's stock forecast and price target.
  • Earnings Growth

    Earnings for The Shyft Group are expected to grow by 134.48% in the coming year, from $0.29 to $0.68 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of The Shyft Group is -99.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of The Shyft Group is -99.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    The Shyft Group has a P/B Ratio of 1.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about The Shyft Group's valuation and earnings.
  • Percentage of Shares Shorted

    1.07% of the float of The Shyft Group has been sold short.
  • Short Interest Ratio / Days to Cover

    The Shyft Group has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in The Shyft Group has recently decreased by 25.69%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    The Shyft Group pays a meaningful dividend of 1.60%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    The Shyft Group does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, The Shyft Group will have a dividend payout ratio of 29.41% next year. This indicates that The Shyft Group will be able to sustain or increase its dividend.

  • Read more about The Shyft Group's dividend.
  • Percentage of Shares Shorted

    1.07% of the float of The Shyft Group has been sold short.
  • Short Interest Ratio / Days to Cover

    The Shyft Group has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in The Shyft Group has recently decreased by 25.69%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    The Shyft Group has a news sentiment score of 0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Auto/Tires/Trucks companies.
  • News Coverage This Week

    MarketBeat has tracked 14 news articles for The Shyft Group this week, compared to 3 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, The Shyft Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 2.54% of the stock of The Shyft Group is held by insiders.

  • Percentage Held by Institutions

    85.84% of the stock of The Shyft Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about The Shyft Group's insider trading history.
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SHYF Stock News Headlines

The Shyft Group, Inc. (SHYF) Q4 2024 Earnings Call Transcript
Critical ‘Buy Now’ Alert on My Favorite Stock!
My absolute favorite stock just hit a critical "buy now" trigger price.
The Shyft Group reports in-line Q4 earnings, revenue misses
Shyft Group reports Q4 adjusted EPS 15c, consensus 13c
Shyft Group sees FY25 adjusted EPS 69c-92c, consensus 70c
The Shyft Group Announces Quarterly Dividend
See More Headlines

SHYF Stock Analysis - Frequently Asked Questions

The Shyft Group's stock was trading at $11.74 at the start of the year. Since then, SHYF stock has increased by 2.0% and is now trading at $11.98.
View the best growth stocks for 2025 here
.

The Shyft Group, Inc. (NASDAQ:SHYF) announced its earnings results on Thursday, February, 20th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by $0.09. The company earned $201.43 million during the quarter, compared to the consensus estimate of $211.90 million. The Shyft Group had a negative net margin of 0.48% and a positive trailing twelve-month return on equity of 1.01%.

Top institutional shareholders of The Shyft Group include T. Rowe Price Investment Management Inc. (9.39%), Pzena Investment Management LLC (8.86%), Vanguard Group Inc. (5.14%) and Dimensional Fund Advisors LP (3.76%). Insiders that own company stock include Jonathan C Douyard, Stephen K Guillaume, John Albert Dunn, Terri Pizzuto, Michael Dinkins, Pamela L Kermisch and Thomas R Clevinger.
View institutional ownership trends
.

Shares of SHYF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that The Shyft Group investors own include Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), DiamondRock Hospitality (DRH), American Water Works (AWK), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

Ex-Dividend for 12/16 Dividend
11/15/2024
Dividend Payable
12/16/2024
Today
2/21/2025
Last Earnings
2/27/2025
Ex-Dividend for 3/28 Dividend
2/27/2025
Dividend Payable
3/28/2025
Next Earnings (Estimated)
4/24/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Industry
Motor vehicles & car bodies
Sub-Industry
Automobiles And Trucks
Current Symbol
NASDAQ:SHYF
Employees
3,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$15.50
High Stock Price Target
$16.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+25.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$6.50 million
Pretax Margin
-1.01%

Debt

Sales & Book Value

Annual Sales
$872.20 million
Cash Flow
$0.86 per share
Book Value
$7.35 per share

Miscellaneous

Free Float
33,618,000
Market Cap
$427.68 million
Optionable
Optionable
Beta
1.66

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This page (NASDAQ:SHYF) was last updated on 2/21/2025 by MarketBeat.com Staff
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