The Shyft Group, Inc. (SHYF)
| Market Cap | 394.96M |
| Revenue (ttm) | 787.08M |
| Net Income (ttm) | -3.80M |
| Shares Out | 34.49M |
| EPS (ttm) | -0.11 |
| PE Ratio | n/a |
| Forward PE | 17.71 |
| Dividend | $0.20 (1.75%) |
| Ex-Dividend Date | Nov 15, 2024 |
| Volume | 544,317 |
| Open | 11.12 |
| Previous Close | 11.40 |
| Day's Range | 10.91 - 11.66 |
| 52-Week Range | 9.81 - 17.56 |
| Beta | 1.63 |
| Analysts | Buy |
| Price Target | 15.50 (+35.37%) |
| Earnings Date | Feb 20, 2025 |
About SHYF
The Shyft Group, Inc. engages in the manufacture and assembly of specialty vehicles for the commercial and recreational vehicle industries in the United States and internationally. It operates in two segments, Fleet Vehicles and Services, and Specialty Vehicles. The Fleet Vehicles and Services segment offers commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, laundry and linen, mobile retail, and trades and construction industries. This segment markets its commercial vehicles, including walk-in v... [Read more]
Financial Performance
In 2023, The Shyft Group's revenue was $872.20 million, a decrease of -15.09% compared to the previous year's $1.03 billion. Earnings were $6.50 million, a decrease of -82.23%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for SHYF stock is "Buy." The 12-month stock price forecast is $15.5, which is an increase of 35.37% from the latest price.
News
The Shyft Group to Merge with Aebi Schmidt Group to Create A Specialty Vehicles Leader
Significant Scale in Attractive North American Market with Strong European Presence Highly Complementary Portfolios Create Opportunities to Better Serve Customers and Drive Competitive Growth Expected...
First Blue Arc™ Class 4 EV Trucks Ship
NOVI, Mich. , Dec. 10, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF), a North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and servic...
The Shyft Group Announces Chief Financial Officer to Depart at Year-End
NOVI, Mich. , Nov. 21, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the c...
The Shyft Group Announces Quarterly Dividend
NOVI, Mich. , Oct. 30, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the c...
The Shyft Group Expands Blue Arc™ EV Network Through Strategic Partnerships with Allegiance Trucks and Ascendance Truck Centers
NOVI, Mich. , Oct. 28, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and serv...
The Shyft Group, Inc. (SHYF) Q3 2024 Earnings Call Transcript
The Shyft Group, Inc. (NASDAQ:SHYF) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Randy Wilson - Vice President, Investor Relations & Treasury John Dunn - Presiden...
The Shyft Group Reports Third Quarter 2024 Results
Expanded gross margin to 20.4%, up 210 basis points year-over-year Blue Arc Class 4 vehicle now in production with first customer deliveries expected in the fourth quarter Maintained full year 2024 ad...
The Shyft Group Announces Third Quarter 2024 Financial Results Conference Call
NOVI, Mich. , Oct. 10, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for ecomm...
The Shyft Group Releases 2024 Sustainability Report, Highlighting Climate Risk Preparedness and Corporate Responsibility
Commitment to environmental stewardship, social impact, and governance excellence continues to drive progress NOVI, Mich. , Sept. 17, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF), the Nor...
The Shyft Group to Participate in the D.A. Davidson 23rd Annual Diversified Industrials & Services Conference
NOVI, Mich. , Sept. 12, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the ...
The Shyft Group Secures ZEPCert and GHG Certifications for Blue Arc™ EV Truck
Nationwide Access to Innovative EV Solutions and Significant Financial Incentives for Customers NOVI, Mich. , Sept. 5, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF), the North American lea...
Builtmore Contract Manufacturing Powers Up Production of Isuzu's All-New NRR-EV
Production Begins in Charlotte, Michigan, Demonstrates Builtmore's Agility in Adapting to the Evolving EV Market CHARLOTTE, Mich. , Sept. 3, 2024 /PRNewswire/ -- Builtmore Contract Manufacturing™, a g...
The Shyft Group to Participate in the 15th Annual Midwest IDEAS Investor Conference
NOVI, Mich. , Aug. 28, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the c...
The Shyft Group to Participate in the Raymond James Industrial and Energy Showcase
NOVI, Mich. , Aug. 8, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the co...
The Shyft Group, Inc. (SHYF) Q2 2024 Earnings Call Transcript
The Shyft Group, Inc. (NASDAQ:SHYF) Q2 2024 Results Conference Call July 25, 2024 8:30 AM ET Company Participants Randy Wilson - Vice President, Investor Relations & Treasury John Dunn - President & ...
The Shyft Group Reports Second Quarter 2024 Results
Delivered sales of $193 million, EPS of $0.06 and adjusted EPS of $0.16 Received order for 150 Blue Arc™ EV Trucks from FedEx; Blue Arc Class 4 vehicle production remains on track for 2024 Acquired In...
The Shyft Group Acquires Independent Truck Upfitters, Enhancing Capabilities Across Specialty Vehicle Product Portfolio
NOVI, Mich. , July 25, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and serv...
The Shyft Group Announces Second Quarter 2024 Financial Results Conference Call
NOVI, Mich. , July 17, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for ecomm...
The Shyft Group Announces Participation in June 2024 Investor Conferences
NOVI, Mich. , June 4, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) (the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, r...
The Shyft Group Signs Agreement with Amerit Fleet Solutions 24/7 Mobile Service of Blue Arc™ EVs
Supporting last-mile customers' transition to EV technology with mobile maintenance across the U.S. Complements Shyft's dealer partners' brick and mortar service capabilities Further backed by Shyft's...
SHYFT GROUP SECURES FEDEX ORDER FOR BLUE ARC™ EV TRUCKS
Blue Arc™ Expects to Deliver New Units Beginning Late 2024 NOVI, Mich. , May 2, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing,...
The Shyft Group, Inc. (SHYF) Q1 2024 Earnings Call Transcript
The Shyft Group, Inc. (SHYF) Q1 2024 Earnings Call Transcript
The Shyft Group Reports First Quarter 2024 Results
First quarter sales of $198 million; Quarter end consolidated backlog of $439 million with FVS backlog up 10% sequentially Maintains 2024 outlook with sales of $850 to $900 million and adjusted EBITDA...
The Shyft Group Announces First Quarter 2024 Financial Results Conference Call
NOVI, Mich., April 16, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for ecomm...
Model 1 Enters a National Distribution Agreement with The Shyft Group; Expanding its Commercial Product Offerings and Upfit Capabilities
INDIANAPOLIS--(BUSINESS WIRE)--Model 1 Commercial Vehicles, the nation's largest bus and transportation services dealer, has signed a national distribution agreement with The Shyft Group, who through ...