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PYPL   81.49 (+2.32%)
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AMZN   103.13 (+2.57%)
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NVDA   195.37 (+1.96%)
NIO   12.07 (+0.42%)
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AMD   75.15 (+3.73%)
T   20.37 (+1.04%)
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CGC   3.03 (+6.69%)
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DIS   108.49 (+0.84%)
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PFE   44.16 (+1.40%)
PYPL   81.49 (+2.32%)
NFLX   353.86 (+0.21%)
QQQ   294.62 (+1.50%)
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MSFT   247.81 (+2.10%)
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NVDA   195.37 (+1.96%)
NIO   12.07 (+0.42%)
BABA   110.20 (-0.90%)
AMD   75.15 (+3.73%)
T   20.37 (+1.04%)
MU   60.30 (-2.28%)
F   13.51 (+4.81%)
CGC   3.03 (+6.69%)
GE   80.48 (-0.43%)
DIS   108.49 (+0.84%)
AMC   5.35 (+6.79%)
PFE   44.16 (+1.40%)
PYPL   81.49 (+2.32%)
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NASDAQ:SHYF

The Shyft Group - SHYF Stock Forecast, Price & News

$33.29
+1.00 (+3.10%)
(As of 01/31/2023 05:32 PM ET)
Add
Compare
Today's Range
$32.13
$33.35
50-Day Range
$22.79
$32.93
52-Week Range
$17.66
$46.55
Volume
174,730 shs
Average Volume
233,171 shs
Market Capitalization
$1.17 billion
P/E Ratio
30.54
Dividend Yield
0.61%
Price Target
$39.33

The Shyft Group MarketRank™ Forecast

Analyst Rating
Buy
3.33 Rating Score
Upside/​Downside
18.5% Upside
$39.33 Price Target
Short Interest
Bearish
3.51% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.46mentions of The Shyft Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$367,650 Sold Last Quarter
Proj. Earnings Growth
90.72%
From $0.97 to $1.85 Per Share

Overall MarketRank

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

2.53 out of 5 stars

Auto/Tires/Trucks Sector

18th out of 100 stocks

Motor Vehicles & Car Bodies Industry

6th out of 33 stocks


SHYF stock logo

About The Shyft Group (NASDAQ:SHYF) Stock

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 the engineering and manufacturing diesel motor home chassis, the provision of specialty vehicles and other commercial vehicles, and the 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.

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SHYF Stock News Headlines

Oshkosh (OSK) Q4 Earnings Lag Estimates
Without Graphite, There Would Be ZERO EV Batteries!
Investors constantly hear that lithium is the key to powering the transition to green energy. Truth is, today's EV batteries contain more graphite in volume than any other essential ingredients.
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
The Shyft Group Reports Third Quarter 2022 Results
The Shyft Group Releases 2022 Sustainability Report
See More Headlines
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SHYF Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 12/15 Dividend
11/15/2022
Dividend Payable
12/15/2022
Today
1/31/2023
Next Earnings (Confirmed)
2/23/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Motor vehicles & car bodies
Sub-Industry
N/A
Current Symbol
NASDAQ:SHYF
Employees
3,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$39.33
High Stock Price Forecast
$40.00
Low Stock Price Forecast
$38.00
Forecasted Upside/Downside
+18.2%
Consensus Rating
Buy
Rating Score (0-4)
3.33
Research Coverage
3 Analysts

Profitability

Net Income
$68.93 million
Pretax Margin
4.10%

Debt

Sales & Book Value

Annual Sales
$991.79 million
Cash Flow
$2.24 per share
Book Value
$7.55 per share

Miscellaneous

Free Float
34,278,000
Market Cap
$1.17 billion
Optionable
Optionable
Beta
1.75

Key Executives

  • Daryl M. AdamsDaryl M. Adams
    President, Chief Executive Officer & Director
  • Todd A. Heavin
    Chief Operating Officer
  • Jonathan C. Douyard
    Chief Financial Officer
  • Andrew Anderson
    Chief Information Officer
  • Joshua Alan Sherbin
    Secretary, Chief Legal & Compliance Officer













SHYF Stock - Frequently Asked Questions

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

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Shyft Group in the last year. There are currently 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" SHYF shares.
View SHYF analyst ratings
or view top-rated stocks.

What is The Shyft Group's stock price forecast for 2023?

3 analysts have issued twelve-month price objectives for The Shyft Group's shares. Their SHYF share price forecasts range from $38.00 to $40.00. On average, they expect the company's share price to reach $39.33 in the next year. This suggests a possible upside of 19.5% 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 on January 1st, 2023. Since then, SHYF shares have increased by 32.4% and is now trading at $32.92.
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 23rd 2023.
View our SHYF earnings forecast
.

How can I listen to The Shyft Group's earnings call?

The Shyft Group will be holding an earnings conference call on Thursday, February 23rd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were The Shyft Group's earnings last quarter?

The Shyft Group, Inc. (NASDAQ:SHYF) posted its earnings results on Thursday, November, 4th. The company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.09. The business earned $272.60 million during the quarter, compared to analyst estimates of $247.60 million. The Shyft Group had a trailing twelve-month return on equity of 15.42% and a net margin of 3.91%. The firm's revenue for the quarter was up 34.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.57 EPS.

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 Tuesday, November 1st. Shareholders of record on Wednesday, November 16th will be paid a dividend of $0.05 per share on Thursday, December 15th. This represents a $0.20 dividend on an annualized basis and a yield of 0.61%. The ex-dividend date of this dividend is Tuesday, 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 0.61%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 18.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHYF will have a dividend payout ratio of 10.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SHYF.

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

The Shyft Group updated its FY 2022 earnings guidance on Thursday, November, 3rd. The company provided EPS guidance of $1.02-$1.24 for the period, compared to the consensus EPS estimate of $1.07. The company issued revenue guidance of $1.00 billion-$1.10 billion, compared to the consensus revenue estimate of $1.02 billion.

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), 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 a number of institutional and retail investors. Top institutional shareholders include Ziegler Capital Management LLC (1.08%), Congress Asset Management Co. MA (0.90%), Kirr Marbach & Co. LLC IN (0.64%), Allspring Global Investments Holdings LLC (0.57%), Sequoia Financial Advisors LLC (0.27%) and Rice Hall James & Associates LLC (0.27%). Insiders that own company stock include Daryl M Adams, Daryl M Adams, Michael Dinkins, Ronald Edward Harbour, Stephen K Guillaume 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.

What is The Shyft Group's stock price today?

One share of SHYF stock can currently be purchased for approximately $32.92.

How much money does The Shyft Group make?

The Shyft Group (NASDAQ:SHYF) has a market capitalization of $1.15 billion and generates $991.79 million in revenue each year. The company earns $68.93 million in net income (profit) each year or $1.09 on an earnings per share basis.

How many employees does The Shyft Group have?

The company employs 3,800 workers across the globe.

How can I contact The Shyft Group?

The Shyft Group's mailing address is 41280 BRIDGE STREET, NOVI MI, 48375. The official website for the company is www.spartanmotors.com. The company can be reached via phone at (517) 543-6400, via email at mail@lambert-edwards.com, or via fax at 517-543-5403.

This page (NASDAQ:SHYF) was last updated on 1/31/2023 by MarketBeat.com Staff