QQQ   390.71 (+1.47%)
AAPL   194.14 (+0.95%)
MSFT   371.32 (+0.68%)
META   326.52 (+2.86%)
GOOGL   136.81 (+5.22%)
AMZN   146.63 (+1.46%)
TSLA   241.85 (+1.04%)
NVDA   464.82 (+2.15%)
NIO   7.50 (-3.23%)
BABA   72.35 (+1.20%)
AMD   128.31 (+9.84%)
T   17.08 (+0.83%)
F   10.84 (+1.40%)
MU   73.59 (+0.63%)
CGC   0.72 (+3.03%)
GE   119.14 (-0.56%)
DIS   92.39 (+0.97%)
AMC   6.81 (+0.29%)
PFE   28.62 (-0.59%)
PYPL   58.40 (-1.90%)
XOM   98.25 (-0.87%)
QQQ   390.71 (+1.47%)
AAPL   194.14 (+0.95%)
MSFT   371.32 (+0.68%)
META   326.52 (+2.86%)
GOOGL   136.81 (+5.22%)
AMZN   146.63 (+1.46%)
TSLA   241.85 (+1.04%)
NVDA   464.82 (+2.15%)
NIO   7.50 (-3.23%)
BABA   72.35 (+1.20%)
AMD   128.31 (+9.84%)
T   17.08 (+0.83%)
F   10.84 (+1.40%)
MU   73.59 (+0.63%)
CGC   0.72 (+3.03%)
GE   119.14 (-0.56%)
DIS   92.39 (+0.97%)
AMC   6.81 (+0.29%)
PFE   28.62 (-0.59%)
PYPL   58.40 (-1.90%)
XOM   98.25 (-0.87%)
QQQ   390.71 (+1.47%)
AAPL   194.14 (+0.95%)
MSFT   371.32 (+0.68%)
META   326.52 (+2.86%)
GOOGL   136.81 (+5.22%)
AMZN   146.63 (+1.46%)
TSLA   241.85 (+1.04%)
NVDA   464.82 (+2.15%)
NIO   7.50 (-3.23%)
BABA   72.35 (+1.20%)
AMD   128.31 (+9.84%)
T   17.08 (+0.83%)
F   10.84 (+1.40%)
MU   73.59 (+0.63%)
CGC   0.72 (+3.03%)
GE   119.14 (-0.56%)
DIS   92.39 (+0.97%)
AMC   6.81 (+0.29%)
PFE   28.62 (-0.59%)
PYPL   58.40 (-1.90%)
XOM   98.25 (-0.87%)
QQQ   390.71 (+1.47%)
AAPL   194.14 (+0.95%)
MSFT   371.32 (+0.68%)
META   326.52 (+2.86%)
GOOGL   136.81 (+5.22%)
AMZN   146.63 (+1.46%)
TSLA   241.85 (+1.04%)
NVDA   464.82 (+2.15%)
NIO   7.50 (-3.23%)
BABA   72.35 (+1.20%)
AMD   128.31 (+9.84%)
T   17.08 (+0.83%)
F   10.84 (+1.40%)
MU   73.59 (+0.63%)
CGC   0.72 (+3.03%)
GE   119.14 (-0.56%)
DIS   92.39 (+0.97%)
AMC   6.81 (+0.29%)
PFE   28.62 (-0.59%)
PYPL   58.40 (-1.90%)
XOM   98.25 (-0.87%)

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

$11.65
+0.40 (+3.56%)
(As of 03:58 PM ET)
Compare
Today's Range
$11.16
$11.65
50-Day Range
$10.41
$15.10
52-Week Range
$10.39
$34.10
Volume
166,765 shs
Average Volume
335,991 shs
Market Capitalization
$399.48 million
P/E Ratio
14.38
Dividend Yield
1.72%
Price Target
$21.50

The Shyft Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
85.5% Upside
$21.50 Price Target
Short Interest
Healthy
3.90% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of The Shyft Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$125,473 Bought Last Quarter
Proj. Earnings Growth
67.65%
From $0.34 to $0.57 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.68 out of 5 stars

Auto/Tires/Trucks Sector

10th out of 66 stocks

Motor Vehicles & Car Bodies Industry

3rd out of 26 stocks


SHYF stock logo

About The Shyft Group Stock (NASDAQ:SHYF)

The Shyft Group, Inc. manufactures and assembles specialty vehicles for the commercial vehicle 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 manufactures and sells 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 engineers and manufactures luxury class A diesel motor home chassis; and manufactures and assembles truck bodies under the Royal Truck Body and DuraMag brands. It 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. The Shyft Group, Inc. 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.

SHYF Stock Price History

SHYF Stock News Headlines

The Shyft Group Inc
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Shyft Group's (NASDAQ:SHYF) Dividend Will Be $0.05
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Shyft declares $0.05 dividend
The Shyft Group Inc (SHYF) Company: A Short SWOT Analysis
BTIG Downgrades Shyft Group Inc (SHYF)
Shyft Group Names John Dunn President And CEO, Succeeding Daryl Adams
The Shyft Group (SHYF) Tops Q3 Earnings Estimates
The Shyft Group Reports Third Quarter 2023 Results
Here's what Wall Street expects from The Shyft Group's earnings report
Neck Muscle Tension Release By Shyft
Hidden Gems: 3 Stocks Flying Under the Radar
See More Headlines
Receive SHYF Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for The Shyft Group and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 9/18 Dividend
8/16/2023
Dividend Payable
9/18/2023
Last Earnings
10/26/2023
Ex-Dividend for 12/15 Dividend
11/15/2023
Today
12/07/2023
Dividend Payable
12/15/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/22/2024

Industry, Sector and Symbol

Industry
Motor vehicles & car bodies
Sub-Industry
N/A
Current Symbol
NASDAQ:SHYF
Employees
4,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$21.50
High Stock Price Target
$40.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+85.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$36.56 million
Pretax Margin
3.27%

Debt

Sales & Book Value

Annual Sales
$971.88 million
Cash Flow
$1.51 per share
Book Value
$7.66 per share

Miscellaneous

Free Float
33,381,000
Market Cap
$397.42 million
Optionable
Optionable
Beta
1.66
The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

Key Executives

  • Mr. Jonathan C. Douyard (Age 43)
    Chief Financial Officer
    Comp: $582.97k
  • Mr. Joshua Alan Sherbin (Age 60)
    Chief Legal Officer & Chief Compliance Officer and Corporate Secretary
    Comp: $533.96k
  • Mr. Colin E. Hindman (Age 49)
    Chief Human Resources Officer
    Comp: $448.38k
  • Mr. Daryl M. AdamsMr. Daryl M. Adams (Age 61)
    Advisor
    Comp: $1.21M
  • Mr. John A. Dunn (Age 56)
    President, CEO & Director
  • Mr. Scott Matthew Ocholik (Age 50)
    VP, Chief Accounting Officer & Corporate Controller
  • Mr. Andrew Anderson
    Chief Information Officer
  • Mr. Randy Wilson
    VP of Investor Relations & Group Treasurer
  • Mr. Todd S. Fierro (Age 59)
    President of Emergency Response
  • Mr. Jacob Farmer
    President of Specialty Vehicles














SHYF Stock Analysis - Frequently Asked Questions

Should I buy or sell The Shyft Group stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Shyft Group in the last twelve months. There are currently 3 hold ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SHYF shares.
View SHYF analyst ratings
or view top-rated stocks.

What is The Shyft Group's stock price target for 2024?

4 Wall Street analysts have issued twelve-month price objectives for The Shyft Group's stock. Their SHYF share price targets range from $12.00 to $40.00. On average, they predict the company's share price to reach $21.50 in the next twelve months. This suggests a possible upside of 85.5% from the stock's current price.
View analysts price targets for SHYF
or view top-rated stocks among Wall Street analysts.

How have SHYF shares performed in 2023?

The Shyft Group's stock was trading at $24.86 at the beginning of the year. Since then, SHYF shares have decreased by 53.4% and is now trading at $11.59.
View the best growth stocks for 2023 here
.

When is The Shyft Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our SHYF earnings forecast
.

How were The Shyft Group's earnings last quarter?

The Shyft Group, Inc. (NASDAQ:SHYF) issued its earnings results on Thursday, October, 26th. The company reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.05 by $0.09. The firm had revenue of $201.33 million for the quarter, compared to analyst estimates of $225.70 million. The Shyft Group had a trailing twelve-month return on equity of 12.84% and a net margin of 2.96%.

How often does The Shyft Group pay dividends? What is the dividend yield for The Shyft Group?

The Shyft Group declared a quarterly dividend on Wednesday, November 15th. Investors of record on Thursday, November 16th will be given a dividend of $0.05 per share on Friday, December 15th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date is Wednesday, November 15th.
Read our dividend analysis for SHYF
.

Is The Shyft Group a good dividend stock?

The Shyft Group (NASDAQ:SHYF) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.74%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 24.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHYF will have a dividend payout ratio of 35.09% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SHYF.

What ETF holds The Shyft Group's stock ?

First Trust RBA American Industrial Renaissance ETF holds 524,537 shares of SHYF stock, representing 1.77% of its portfolio.

What guidance has The Shyft Group issued on next quarter's earnings?

The Shyft Group updated its FY23 earnings guidance on Thursday, October, 26th. The company provided EPS guidance of $0.42-0.56 for the period, compared to the consensus estimate of $0.46. The company issued revenue guidance of $850-900 million, compared to the consensus revenue estimate of $888.64 million.

What other stocks do shareholders of The Shyft Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The Shyft Group investors own include Advanced Micro Devices (AMD), Best Buy (BBY), Ball (BLL), Livongo Health (LVGO), PennyMac Financial Services (PFSI), QUALCOMM (QCOM), Teladoc Health (TDOC) and Taiwan Semiconductor Manufacturing (TSM).

Who are The Shyft Group's major shareholders?

The Shyft Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include abrdn plc (2.37%), Schwerin Boyle Capital Management Inc. (1.70%), Charles Schwab Investment Management Inc. (1.30%), Northern Trust Corp (0.96%), AQR Capital Management LLC (0.96%) and First Eagle Investment Management LLC (0.88%). Insiders that own company stock include Daryl M Adams, Daryl M Adams, Jonathan C Douyard, Joshua A Sherbin, Michael Dinkins, Pamela L Kermisch, Ronald Edward Harbour, Stephen K Guillaume, Terri Pizzuto and Thomas R Clevinger.
View institutional ownership trends
.

How do I buy shares of The Shyft Group?

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

This page (NASDAQ:SHYF) was last updated on 12/7/2023 by MarketBeat.com Staff

My Account -