S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
NASDAQ:SHYF

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

$25.29
+1.04 (+4.29%)
(As of 06/2/2023 ET)
Compare
Today's Range
$24.58
$25.33
50-Day Range
$21.01
$25.37
52-Week Range
$17.66
$34.10
Volume
235,665 shs
Average Volume
160,713 shs
Market Capitalization
$883.13 million
P/E Ratio
21.25
Dividend Yield
0.79%
Price Target
$34.00

The Shyft Group MarketRank™ Forecast

Analyst Rating
Buy
3.33 Rating Score
Upside/​Downside
34.4% Upside
$34.00 Price Target
Short Interest
Bearish
3.31% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.61mentions of The Shyft Group in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$159,980 Sold Last Quarter
Proj. Earnings Growth
50.43%
From $1.17 to $1.76 Per Share

Overall MarketRank

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

2.75 out of 5 stars

Auto/Tires/Trucks Sector

8th out of 101 stocks

Motor Vehicles & Car Bodies Industry

2nd out of 32 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.

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.

SHYF Stock News Headlines

Electrifying medium-duty trucks is a class act
"Unknown laser company making HUGE profit from Russia-Ukraine War"
On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>
The Shyft Group: Right Time To Invest
"Unknown laser company making HUGE profit from Russia-Ukraine War"
On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>
The Shyft Group (NASDAQ:SHYF) Shares Gap Down to $25.08
BTIG Keeps Their Buy Rating on Shyft Group (SHYF)
The Shyft Group (NASDAQ:SHYF) Shares Up 5.7%
Q1 2023 Shyft Group Inc Earnings Call
The Shyft Group Reports First Quarter 2023 Results
See More Headlines

SHYF Price History

SHYF Company Calendar

Ex-Dividend for 3/17 Dividend
2/16/2023
Dividend Payable
3/17/2023
Last Earnings
4/27/2023
Ex-Dividend for 6/20 Dividend
5/16/2023
Today
6/04/2023
Dividend Payable
6/20/2023
Next Earnings (Estimated)
7/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$34.00
High Stock Price Forecast
$40.00
Low Stock Price Forecast
$30.00
Forecasted Upside/Downside
+34.4%
Consensus Rating
Buy
Rating Score (0-4)
3.33
Research Coverage
3 Analysts

Profitability

Net Income
$36.56 million
Pretax Margin
4.87%

Debt

Sales & Book Value

Annual Sales
$1.03 billion
Cash Flow
$1.50 per share
Book Value
$7.36 per share

Miscellaneous

Free Float
34,126,000
Market Cap
$883.13 million
Optionable
Optionable
Beta
2.01

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 twelve months. 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 brokerages have issued 12 month price targets for The Shyft Group's shares. Their SHYF share price forecasts range from $30.00 to $40.00. On average, they anticipate the company's stock price to reach $34.00 in the next twelve months. This suggests a possible upside of 34.4% 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 stock has increased by 1.7% and is now trading at $25.29.
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, July 27th 2023.
View our SHYF earnings forecast
.

How were The Shyft Group's earnings last quarter?

The Shyft Group, Inc. (NASDAQ:SHYF) announced its earnings results on Thursday, April, 27th. The company reported $0.08 earnings per share for the quarter, beating analysts' consensus estimates of ($0.05) by $0.13. The company had revenue of $243.44 million for the quarter, compared to the consensus estimate of $218.55 million. The Shyft Group had a trailing twelve-month return on equity of 17.50% and a net margin of 3.96%.

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 Tuesday, May 2nd. Shareholders of record on Wednesday, May 17th will be given a dividend of $0.05 per share on Tuesday, June 20th. This represents a $0.20 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date of this dividend is Tuesday, May 16th.
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 0.79%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 16.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHYF will have a dividend payout ratio of 11.36% 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 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share (EPS) guidance of $0.98-$1.60 for the period, compared to the consensus EPS estimate of $1.34. The company issued revenue guidance of $1.00 billion-$1.20 billion, compared to the consensus revenue estimate of $1.11 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (6.76%), GW&K Investment Management LLC (4.38%), abrdn plc (4.29%), Dimensional Fund Advisors LP (3.51%), Zuckerman Investment Group LLC (2.51%) and Summit Creek Advisors LLC (2.12%). 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 $25.29.

How much money does The Shyft Group make?

The Shyft Group (NASDAQ:SHYF) has a market capitalization of $883.13 million and generates $1.03 billion in revenue each year. The company earns $36.56 million in net income (profit) each year or $1.19 on an earnings per share basis.

How many employees does The Shyft Group have?

The company employs 4,200 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 6/4/2023 by MarketBeat.com Staff

My Account -