Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Shyft Group, Inc. (SHYF)
:SHYF
Holding SHYF?
Track your performance easily
SHYF Stock Chart & Stats
Day’s Range― - ―
52-Week Range$9.81 - $17.56
Previous CloseN/A
Volume33.41K
Average Volume (3M)294.12K
Market Cap
$425.32M
Enterprise Value$597.76M
Total Cash (Recent Filing)$32.04M
Total Debt (Recent Filing)$74.00K
Price to Earnings (P/E)―
Beta1.45
Next Earnings
Feb 20, 2025EPS Estimate
0.15Last Dividend Ex-Date
Nov 15, 2024Dividend Yield1.62%
Share Statistics
EPS (TTM)-0.11
Shares Outstanding34,494,453
10 Day Avg. Volume245,868
30 Day Avg. Volume294,124
Standard Deviation0.16
R-Squared0.30
Alpha-0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.54
Price to Cash Flow (P/CF)5.30
P/FCF Ratio6.00
Enterprise Value/Market Cap1.41
Enterprise Value/Revenue0.76
Enterprise Value/Gross Profit3.98
Enterprise Value/Ebitda39.88
Forecast
1Y Price Target
$15.50Price Target Upside24.80% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
Shyft Group News
PremiumCompany Announcements
Shyft Group Announces Merger with Aebi Schmidt
PremiumCompany Announcements
Shyft Group Merges with Aebi Schmidt for Growth
PremiumCompany Announcements
Shyft Group Merges with Aebi Schmidt to Enhance GrowthBulls Say, Bears Say
Bulls Say
Financial PerformanceThe transaction is expected to be EPS accretive in the first year, indicating potential financial benefits shortly after the merger.
Market ExpansionThe merger allows SHYF to enter new markets beyond last mile delivery, expanding into commercial truck upfitting, snow and ice, street sweeping, paving, and agricultural solutions.
Strategic MergerThe merger will create a globally diversified specialty vehicles player, enhancing market presence and providing cost and revenue synergies.
Bears Say
Financial PerformanceThe resulting combined company will still only have approximately 10.5% EBITDA margins, below many peers.
Merger Deal ValuationThe new price target is set at a slight discount to peers due to the unusual risks surrounding the merger deal.
Merger Execution RisksThe execution risks are viewed as elevated going forward in this multi-continent merger of equals.
---
Ownership Overview
3.22% Insiders
23.00% Mutual Funds
0.14% Other Institutional Investors
61.83% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
SHYF FAQ
What was Shyft Group, Inc.’s price range in the past 12 months?
Shyft Group, Inc. lowest stock price was $9.81 and its highest was $17.56 in the past 12 months.
What is Shyft Group, Inc.’s market cap?
Shyft Group, Inc.’s market cap is $425.32M.
When is Shyft Group, Inc.’s upcoming earnings report date?
Shyft Group, Inc.’s upcoming earnings report date is Feb 20, 2025 which is in 32 days.
How were Shyft Group, Inc.’s earnings last quarter?
Shyft Group, Inc. released its earnings results on Oct 24, 2024. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.165 by $0.015.
Is Shyft Group, Inc. overvalued?
According to Wall Street analysts Shyft Group, Inc.’s price is currently Undervalued.
Does Shyft Group, Inc. pay dividends?
Shyft Group, Inc. pays a Quarterly dividend of $0.2 which represents an annual dividend yield of 1.62%. See more information on Shyft Group, Inc. dividends here
What is Shyft Group, Inc.’s EPS estimate?
Shyft Group, Inc.’s EPS estimate is 0.15.
How many shares outstanding does Shyft Group, Inc. have?
Shyft Group, Inc. has 34,494,453 shares outstanding.
What happened to Shyft Group, Inc.’s price movement after its last earnings report?
Shyft Group, Inc. reported an EPS of $0.18 in its last earnings report, beating expectations of $0.165. Following the earnings report the stock price went down -0.94%.
Which hedge fund is a major shareholder of Shyft Group, Inc.?
Among the largest hedge funds holding Shyft Group, Inc.’s share is Pzena Investment Management LLC. It holds Shyft Group, Inc.’s shares valued at 39M.
---
Shyft Group Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$15.50 (24.80% Upside)
$15.50 (24.80% Upside)
Blogger Sentiment
Bullish
SHYF Sentiment 70%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 259.6K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Negative
20 days / 200 days
Momentum
16.72%
12-Months-Change
Fundamentals
Return on Equity
-1.49%
Trailing 12-Months
Asset Growth
6.34%
Trailing 12-Months
Company Description
Shyft Group, Inc.
Spartan Motors, Inc. engages in vehicle manufacturing and assembly for the commercial and retail vehicle industries as well as for the emergency response and recreational vehicle markets. It operates through the following three segments: Fleet Vehicles and Services, Emergency Response, and Specialty Vehicles. The Fleet Vehicles and Services segment manufacture commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, mobile retail, and trades and construction industries. The Emergency Response segment engages in engineering and manufacturing custom emergency response cabs and chassis and complete apparatus to customer specifications, for use by the fire industry throughout the United States and Canada, as well as select markets in South America and Asia. The Specialty Vehicles segment engages in engineering and manufacturing luxury Class A diesel motor home chassis, Reach walk-in van, provide contract assembly of defense vehicles and other specialty chassis, and distribute related aftermarket parts and accessories. The company was founded by William F. Foster, George Sztykiel, Gerald Geary, and John Knox on September 18, 1975 and is headquartered in Charlotte, MI.
---
SHYF Company Deck
---
SHYF Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with significant improvements in operational efficiency and strategic acquisitions, but also highlighted challenges in sales and net income declines. The company's cautious approach towards EV adoption reflects uncertainty in the market.Read More>---
SHYF Stock 12 Month Forecast
Average Price Target
$15.50
▲(24.80% Upside)
Technical Analysis
Best Analysts Covering SHYF
1 Year
1 Year Success Rate
5/11 ratings generated profit
1 Year Average Return
+36.40%
reiterated a buy rating last month
Copying Matt Koranda's trades and holding each position for 1 Year would result in 45.45% of your transactions generating a profit, with an average return of +36.40% per trade.
---