S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NASDAQ:SHYF

The Shyft Group Stock Forecast, Price & News

$49.62
-1.76 (-3.43%)
(As of 11/26/2021 12:00 AM ET)
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Today's Range
$48.58
$50.16
50-Day Range
$35.58
$54.25
52-Week Range
$25.24
$54.50
Volume
102,300 shs
Average Volume
202,016 shs
Market Capitalization
$1.75 billion
P/E Ratio
32.01
Dividend Yield
0.19%
Beta
1.53
30 days | 90 days | 365 days | Advanced Chart
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The Shyft Group logo

About The Shyft Group

The Shyft Group, 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 Fleet Vehicles and Services, and Specialty Vehicles segments. The Fleet Vehicles and Services segment manufactures commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, mobile retail, and trades and construction industries. The Specialty Vehicles segment deals with engineering and manufacturing diesel motor home chassis; provision of specialty vehicles and other commercial vehicles; and distribution of 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 Novi, MI.

Headlines

The Shyft Group (NASDAQ:SHYF) Sets New 52-Week High at $52.90
November 16, 2021 |  americanbankingnews.com
The Shyft Group (NASDAQ:SHYF) Issues FY 2021 Earnings Guidance
November 11, 2021 |  americanbankingnews.com
The Shyft Group (NASDAQ:SHYF) Sets New 1-Year High at $51.14
November 10, 2021 |  americanbankingnews.com
Is Shyft Group (NASDAQ:SHYF) Using Too Much Debt?
November 10, 2021 |  finance.yahoo.com
The Shyft Group, Inc. (NASDAQ:SHYF) Plans $0.03 Quarterly Dividend
November 6, 2021 |  americanbankingnews.com
The Shyft Group (NASDAQ:SHYF) Updates FY 2021 Earnings Guidance
November 4, 2021 |  americanbankingnews.com
The Shyft Group (NASDAQ:SHYF) Issues FY21 Earnings Guidance
November 4, 2021 |  americanbankingnews.com
The Shyft Group (NASDAQ:SHYF) Sets New 52-Week High at $46.17
November 4, 2021 |  americanbankingnews.com
The Shyft Group Reports Record Third Quarter Results
November 4, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

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

Sales & Book Value

Annual Sales
$675.97 million
Cash Flow
$1.54 per share
Book Value
$6.99 per share

Profitability

Net Income
$32.82 million
Pretax Margin
8.64%

Debt

Price-To-Earnings

Miscellaneous

Free Float
34,327,000
Market Cap
$1.75 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/04/2021
Ex-Dividend
11/15/2021
Today
11/28/2021
Dividend Payable
12/16/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
3/10/2022

MarketRank

Overall MarketRank

2.51 out of 5 stars

Auto/Tires/Trucks Sector

23rd out of 131 stocks

Motor Vehicles & Car Bodies Industry

7th out of 37 stocks

Analyst Opinion: 1.5Community Rank: 4.4Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 2.5 5 -4 -3 -2 -1 -












The Shyft Group (NASDAQ:SHYF) Frequently Asked Questions

Is The Shyft Group a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Shyft Group in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" The Shyft Group stock.
View analyst ratings for The Shyft Group
or view top-rated stocks.

When is The Shyft Group's next earnings date?

The Shyft Group is scheduled to release its next quarterly earnings announcement on Thursday, March 10th 2022.
View our earnings forecast for The Shyft Group
.

How were The Shyft Group's earnings last quarter?

The Shyft Group, Inc. (NASDAQ:SHYF) issued its quarterly earnings data on Thursday, November, 4th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.54 by $0.09. The business had revenue of $272.60 million for the quarter, compared to analyst estimates of $247.60 million. The Shyft Group had a net margin of 6.33% and a trailing twelve-month return on equity of 26.54%. The business's quarterly revenue was up 34.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.57 EPS.
View The Shyft Group's earnings history
.

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 Friday, November 5th. Investors of record on Tuesday, November 16th will be given a dividend of $0.025 per share on Thursday, December 16th. This represents a $0.10 dividend on an annualized basis and a yield of 0.20%. The ex-dividend date is Monday, November 15th.
View The Shyft Group's dividend history
.

Is The Shyft Group a good dividend stock?

The Shyft Group pays an annual dividend of $0.10 per share and currently has a dividend yield of 0.19%. The Shyft Group does not yet have a strong track record of dividend growth. The dividend payout ratio of The Shyft Group is 6.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, The Shyft Group will have a dividend payout ratio of 4.42% next year. This indicates that The Shyft Group will be able to sustain or increase its dividend.
View The Shyft Group's dividend history.

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

The Shyft Group issued an update on its FY 2021 earnings guidance on Thursday, November, 18th. The company provided EPS guidance of $1.970-$2.010 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.880. The company issued revenue guidance of $930 million-$970 million, compared to the consensus revenue estimate of $916.89 million.

What price target have analysts set for SHYF?

3 Wall Street analysts have issued 1 year target prices for The Shyft Group's stock. Their forecasts range from $35.00 to $55.00. On average, they anticipate The Shyft Group's share price to reach $45.33 in the next twelve months. This suggests that the stock has a possible downside of 8.6%.
View analysts' price targets for The Shyft Group
or view top-rated stocks among Wall Street analysts.

Who are The Shyft Group's key executives?

The Shyft Group's management team includes the following people:
  • Daryl M. Adams, President, Chief Executive Officer & Director (LinkedIn Profile)
  • Todd A. Heavin, Chief Operating Officer
  • Jonathan C. Douyard, Chief Financial Officer
  • Andrew Anderson, Chief Information Officer
  • Joshua Alan Sherbin, Chief Legal & Compliance Officer

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), (GAU), Livongo Health (LVGO), Navidea Biopharmaceuticals (NAVB), PennyMac Financial Services (PFSI), QUALCOMM (QCOM), Teladoc Health (TDOC) and Taiwan Semiconductor Manufacturing (TSM).

What is The Shyft Group's stock symbol?

The Shyft Group trades on the NASDAQ under the ticker symbol "SHYF."

Who are The Shyft Group's major shareholders?

The Shyft Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.36%), Dimensional Fund Advisors LP (4.08%), Alliancebernstein L.P. (3.82%), Summit Creek Advisors LLC (1.99%), Lord Abbett & CO. LLC (1.86%) and Geode Capital Management LLC (1.63%). Company insiders that own The Shyft Group stock include Daryl M Adams, Daryl M Adams, Ronald Edward Harbour and Stephen K Guillaume.
View institutional ownership trends for The Shyft Group
.

Which major investors are selling The Shyft Group stock?

SHYF stock was sold by a variety of institutional investors in the last quarter, including Monarch Partners Asset Management LLC, Alliancebernstein L.P., Dimensional Fund Advisors LP, BlackRock Inc., Calamos Advisors LLC, Manatuck Hill Partners LLC, Bank of New York Mellon Corp, and EAM Investors LLC. Company insiders that have sold The Shyft Group company stock in the last year include Daryl M Adams, Ronald Edward Harbour, and Stephen K Guillaume.
View insider buying and selling activity for The Shyft Group
or view top insider-selling stocks.

Which major investors are buying The Shyft Group stock?

SHYF stock was purchased by a variety of institutional investors in the last quarter, including CastleArk Alternatives LLC, Ziegler Capital Management LLC, Lord Abbett & CO. LLC, Congress Asset Management Co. MA, Tabor Asset Management LP, Morgan Stanley, Summit Creek Advisors LLC, and Tygh Capital Management Inc..
View insider buying and selling activity for The Shyft Group
or or view top insider-buying stocks.

How do I buy shares of The Shyft Group?

Shares of SHYF 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.

What is The Shyft Group's stock price today?

One share of SHYF stock can currently be purchased for approximately $49.62.

How much money does The Shyft Group make?

The Shyft Group has a market capitalization of $1.75 billion and generates $675.97 million in revenue each year. The company earns $32.82 million in net income (profit) each year or $1.55 on an earnings per share basis.

How many employees does The Shyft Group have?

The Shyft Group employs 3,000 workers across the globe.

What is The Shyft Group's official website?

The official website for The Shyft Group is www.spartanmotors.com.

Where are The Shyft Group's headquarters?

The Shyft Group is headquartered at 41280 BRIDGE STREET, NOVI MI, 48375.

How can I contact The Shyft Group?

The Shyft Group's mailing address is 41280 BRIDGE STREET, NOVI MI, 48375. The company can be reached via phone at (517) 543-6400, via email at [email protected], or via fax at 517-543-5403.


This page was last updated on 11/28/2021 by MarketBeat.com Staff

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