The Shyft Group Stock Forecast, Price & News

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

Who are some of The Shyft Group's key competitors?

Some companies that are related to The Shyft Group include Fisker (FSR), Mazda Motor (MZDAY), Nikola (NKLA), Federal Signal (FSS), Proterra (PTRA), Brilliance China Automotive (BCAUY), Niu Technologies (NIU), REV Group (REVG), Electric Last Mile Solutions (ELMS), Lordstown Motors (RIDE), Workhorse Group (WKHS), Ideanomics (IDEX), Lightning eMotors (ZEV), Stagecoach Group (SAGKF) and Electrameccanica Vehicles (SOLO).
View all of SHYF's competitors.

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.
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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.