NASDAQ:SPAR The Shyft Group Stock Forecast, Price & News Notice: This company has been marked as potentially delisted and may not be actively trading. Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding The Shyft Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $32.68 -1.97 (-5.69 %) (As of 02/25/2021 12:00 AM ET) Add Compare Share Today's Range$32.16Now: $32.68▼$34.8350-Day Range$17.08MA: $27.06▼$31.7052-Week Range$8.45Now: $32.68▼$20.70Volume200,143 shsAverage Volume343,598 shsMarket Capitalization$1.15 billionP/E RatioN/ADividend Yield0.59%Beta1.43 ProfileAnalyst RatingsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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 following three segments: Fleet Vehicles and Services and Specialty Chassis and Vehicles. The Fleet Vehicles and Services segment manufacture commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, mobile retail, and trades and construction industries. The Specialty Chassis and Vehicles segment engages in engineering and manufacturing luxury Class A diesel motor home chassis, Reach walk-in van, provide contract assembly of defense vehicles and other specialty chassis, and distribute 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 Charlotte, MI.Read More HeadlinesShyft Group, formerly Spartan Motors, to hire 'hundreds' for Charlotte plantJanuary 13, 2021 | msn.comWhat Type Of Shareholders Own The Most Number of The Shyft Group, Inc. (NASDAQ:SHYF) Shares?October 20, 2020 | finance.yahoo.com2021 Volkswagen ID4 Interior Review: High-Tech, not High-EndSeptember 24, 2020 | msn.comUtilimaster Showcased Parcel Delivery Vehicles And Option Content At 2020 Contractor ExpoSeptember 21, 2020 | finance.yahoo.comShyft Group President And CEO Daryl Adams Named Ernst & Young Entrepreneur Of The Year® Award FinalistSeptember 18, 2020 | finance.yahoo.comUtilimaster To Host Remote Job Fair In Elkhart County, Workers To Recieve Low Cost Daily Employment TransportationSeptember 14, 2020 | finance.yahoo.comPeter Rawlinson's Lucid DreamSeptember 10, 2020 | msn.comOne-on-One with former MSU AD Mark Hollis Part 3September 2, 2020 | msn.comRoyal Truck Body Continues Nationwide Launch Of New Severe Duty Service Body, Utilimaster Showcases Its Purpose-Built Cutaway Utilivan for Growing Parcel Delivery SegmentAugust 24, 2020 | finance.yahoo.comTiny medical company Lucid Inc. skyrockets 241% after a similarly named electric-vehicle startup makes a big announcementAugust 11, 2020 | businessinsider.comThe Shyft Group (SHYF) Meets Q2 Earnings EstimatesAugust 6, 2020 | finance.yahoo.comUtilimaster To Host Second Drive-Thru Job Fair In Bristol, INAugust 4, 2020 | finance.yahoo.comSee More Headlines Industry, Sector and Symbol Stock Exchange NASDAQ Industry Motor vehicles & car bodies Sub-IndustryAuto Parts & Equipment SectorAuto/Tires/Trucks Current SymbolNASDAQ:SPAR Previous Symbol CUSIP84681910 CIK743238 Webwww.spartanmotors.com Phone(517) 543-6400Employees2,724Year FoundedN/ADebt Debt-to-Equity Ratio0.55 Current Ratio1.99 Quick Ratio1.41 Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio30.54 P/E Growth1.07 Sales & Book Value Annual Sales$756.54 million Price / Sales1.52 Cash Flow$3.80 per share Price / Cash Flow8.61 Book Value$4.95 per share Price / Book6.60Profitability EPS (Most Recent Fiscal Year)$1.24 Net Income$-12,570,000.00 Net Margins-0.69% Return on Equity24.51% Return on Assets10.40% Miscellaneous Outstanding Shares35,163,000Market Cap$1.15 billion Next Earnings DateN/A OptionableOptionable MarketRank™Overall MarketRank™1.74 out of 5 starsAuto/Tires/Trucks Sector28th out of 148 stocksMotor Vehicles & Car Bodies Industry8th out of 44 stocksAnalyst Opinion: 1.5Community Rank: 2.0Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 - 1.5 Analyst's Opinion Consensus RatingThe Shyft Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.00, The Shyft Group has a forecasted downside of 41.9% from its current price of $32.68.Amount of Analyst CoverageThe Shyft Group has received no research coverage in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesThe Shyft Group has received 252 “outperform” votes. (Add your “outperform” vote.)Underperform VotesThe Shyft Group has received 377 “underperform” votes. (Add your “underperform” vote.)Community SentimentThe Shyft Group has received 59.94% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about The Shyft Group and other stocks. Vote “Outperform” if you believe SPAR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SPAR will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend YieldThe Shyft Group has a dividend yield of 0.59%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthThe Shyft Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of The Shyft Group is 8.06%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, The Shyft Group will have a dividend payout ratio of 7.25% next year. This indicates that The Shyft Group will be able to sustain or increase its dividend. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, The Shyft Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.95% of the stock of The Shyft Group is held by insiders.Percentage Held by Institutions74.29% of the stock of The Shyft Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for The Shyft Group are expected to grow by 28.97% in the coming year, from $1.07 to $1.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of The Shyft Group is -192.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of The Shyft Group is -192.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioThe Shyft Group has a PEG Ratio of 1.07. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioThe Shyft Group has a P/B Ratio of 6.60. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Receive SPAR News and Ratings via Email Sign-up to receive the latest news and ratings for SPAR and its competitors with MarketBeat's FREE daily newsletter. The Shyft Group (NASDAQ:SPAR) Frequently Asked Questions Is The Shyft Group a buy 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 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" The Shyft Group stock. View analyst ratings for The Shyft Group or view top-rated stocks. What stocks does MarketBeat like better than The Shyft Group? Wall Street analysts have given The Shyft Group a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but The Shyft Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.View MarketBeat's top stock picks here. How were The Shyft Group's earnings last quarter? The Shyft Group, Inc. (NASDAQ:SPAR) issued its quarterly earnings results on Thursday, May, 7th. The company reported $0.32 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.25 by $0.07. The business had revenue of $176.95 million for the quarter, compared to the consensus estimate of $180.22 million. The Shyft Group had a negative net margin of 0.69% and a positive trailing twelve-month return on equity of 24.51%. The Shyft Group's quarterly revenue was up 2.8% on a year-over-year basis. During the same period last year, the company posted $0.04 earnings per share. 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 semi-annual dividend on Friday, May 8th. Investors of record on Monday, May 18th will be given a dividend of $0.05 per share on Thursday, June 18th. This represents a yield of 0.6%. The ex-dividend date of this dividend is Friday, May 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 0.59%. The dividend payout ratio of The Shyft Group is 8.06%. 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 7.25% 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 price target have analysts set for SPAR? 3 Wall Street analysts have issued 12 month target prices for The Shyft Group's shares. Their forecasts range from $18.00 to $20.00. On average, they anticipate The Shyft Group's stock price to reach $19.00 in the next year. This suggests that the stock has a possible downside of 41.9%. 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 & DirectorTodd A. Heavin, Chief Operating OfficerJonathan Douyard, Chief Financial OfficerAndrew Anderson, Chief Information OfficerStephen K. Guillaume, President-Specialty Chassis & Vehicles Business Who are some of The Shyft Group's key competitors? Some companies that are related to The Shyft Group include Aptiv (APTV), BorgWarner (BWA), Lear (LEA), Gentex (GNTX), Allison Transmission (ALSN), LCI Industries (LCII), Dana (DAN), Dorman Products (DORM), Gentherm (THRM), American Axle & Manufacturing (AXL), Standard Motor Products (SMP), Stoneridge (SRI), Modine Manufacturing (MOD), Tenneco (TEN) and Superior Industries International (SUP). View all of SPAR'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 Intelsat (I), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold Holdings Limited (CGH.L) (CGH), Bank of America (BAC), AMC Entertainment (AMC), First Data (FDC), Apollo Global Management (APO), China Unicom (Hong Kong) (CHU) and Ciena (CIEN). What is The Shyft Group's stock symbol? The Shyft Group trades on the NASDAQ under the ticker symbol "SPAR." What is The Shyft Group's stock price today? One share of SPAR stock can currently be purchased for approximately $32.68. How much money does The Shyft Group make? The Shyft Group has a market capitalization of $1.15 billion and generates $756.54 million in revenue each year. The company earns $-12,570,000.00 in net income (profit) each year or $1.24 on an earnings per share basis. How many employees does The Shyft Group have? The Shyft Group employs 2,724 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 or via email at [email protected] This page was last updated on 2/26/2021 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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