The Shyft Group, Inc. (SHYF)

NASDAQ: SHYF · Real-Time Price · USD
9.12
+0.38 (4.35%)
At close: May 8, 2025, 4:00 PM
9.12
0.00 (0.00%)
After-hours: May 8, 2025, 4:00 PM EDT
4.35%
Market Cap 319.26M
Revenue (ttm) 792.89M
Net Income (ttm) 438,000
Shares Out 35.01M
EPS (ttm) 0.01
PE Ratio 728.89
Forward PE 10.69
Dividend $0.20 (2.19%)
Ex-Dividend Date May 16, 2025
Volume 270,164
Open 8.88
Previous Close 8.74
Day's Range 8.88 - 9.41
52-Week Range 6.82 - 17.56
Beta 1.93
Analysts Strong Buy
Price Target 15.50 (+69.58%)
Earnings Date Apr 24, 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]

Sector Industrials
Founded 1975
Employees 2,555
Stock Exchange NASDAQ
Ticker Symbol SHYF
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for SHYF stock is "Strong Buy." The 12-month stock price forecast is $15.5, which is an increase of 69.58% from the latest price.

Price Target
$15.5
(69.58% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Spartan® RV Chassis Strengthens North American Service Network Through Rush Truck Centers Partnership

Spartan RV Owners Now Have Access to Expanded Service Support at 148 Rush Truck Centers Locations Across the U.S. and Canada NOVI, Mich. , May 7, 2025 /PRNewswire/ -- Spartan® RV Chassis, a go-to-mark...

1 day ago - PRNewsWire

The Shyft Group Announces Quarterly Dividend

NOVI, Mich. , April 30, 2025 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the ...

8 days ago - PRNewsWire

The Shyft Group: After Roaring Higher, Shares Can Achieve More Upside

The Shyft Group's shares surged 26.2% after announcing Q1 2025 results and progress on its merger with Aebi Schmidt, despite past financial struggles. Revenue dropped 9.9% from 2022 to 2024, but recen...

13 days ago - Seeking Alpha

The Shyft Group, Inc. (SHYF) Q1 2025 Earnings Call Transcript

The Shyft Group, Inc. (NASDAQ:SHYF) Q1 2025 Results Conference Call April 24, 2025 8:30 AM ET Company Participants Randy Wilson - Vice President of Investor Relations & Treasury John Dunn - President...

14 days ago - Seeking Alpha

The Shyft Group Reports First Quarter 2025 Results

Sales increased 3.4% year-over-year with notable improvement in profitability Strong balance sheet is well-positioned with net leverage ratio less than 2.0x Maintained full-year 2025 outlook Merger in...

14 days ago - PRNewsWire

The Shyft Group Announces First Quarter 2025 Financial Results Conference Call

NOVI, Mich. , April 18, 2025 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for ecom...

20 days ago - PRNewsWire

The Shyft Group announces filing of registration statement on Form S-4 by the Aebi Schmidt Group in connection with their proposed merger

The registration statement includes combined company pro forma U.S. GAAP revenues of $1.9 billion and adjusted EBITDA of $148 million in 2024 Upon the closing of the proposed merger, the combined comp...

4 weeks ago - PRNewsWire

The Shyft Group to Participate in the 37th Annual ROTH Conference

NOVI, Mich. , March 17, 2025 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and ser...

7 weeks ago - PRNewsWire

Utilimaster Debuts Customer-Driven Work Truck Solutions to Enhance Service and Delivery Fleet Performance at NTEA Work Truck Week 2025

Reintroducing the Utilimaster Trademaster Service Body and Showcasing the Marketplace Dry Freight Truck to Address Evolving Service and Delivery Needs NOVI, Mich. , March 5, 2025 /PRNewswire/ -- Utili...

2 months ago - PRNewsWire

The Shyft Group to Celebrate 50th Anniversary and Showcase Cutting-Edge Work Truck Solutions at NTEA Work Truck Week 2025

Marking Five Decades of Purpose-Built Innovation, Performance, and Sustainability Press Conference: March 5, 3:15 PM ET | Booth #2921 Ride & Drive: Blue Arc Class 4 EV | Booth #2927, March 5-6, 11 AM ...

2 months ago - PRNewsWire

The Shyft Group and Isuzu Expand Collaboration to Drive Long-Term Growth in North America

NOVI, Mich. , Feb. 25, 2025 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and serv...

2 months ago - PRNewsWire

The Shyft Group, Inc. (SHYF) Q4 2024 Earnings Call Transcript

The Shyft Group, Inc. (NASDAQ:SHYF) Q4 2024 Earnings Conference Call February 20, 2025 8:30 AM ET Company Participants Randy Wilson - Vice President of Investor Relations & Treasury John Dunn - Presi...

2 months ago - Seeking Alpha

The Shyft Group Reports Fourth Quarter and Full-Year 2024 Results

Delivered double-digit Fleet Vehicles and Services (FVS) margins bolstered by operational improvements Strong Specialty Vehicles (SV) margins Successfully shipped Blue Arc™ Class 4 EV trucks to FedEx ...

2 months ago - PRNewsWire

The Shyft Group Announces Fourth Quarter and Full-Year 2024 Financial Results Conference Call

NOVI, Mich., Feb. 7, 2025 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for ecommer...

3 months ago - PRNewsWire

The Shyft Group Provides Supplemental Information Reinforcing Significant Value Creation Potential of Proposed Merger with Aebi Schmidt

NOVI, Mich. , Jan. 13, 2025 /PRNewswire/ -- The Shyft Group (NASDAQ: SHYF) ("Shyft") today provided supplemental information in a presentation to shareholders regarding its proposed merger with Aebi S...

4 months ago - PRNewsWire

The Shyft Group Announces Interim CFO Appointment

NOVI, Mich. , Dec. 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...

4 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

7 months ago - Seeking Alpha

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...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

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 ...

8 months ago - PRNewsWire