The Shyft Group, Inc. (SHYF)
| Market Cap | 381.58M |
| Revenue (ttm) | 872.20M |
| Net Income (ttm) | 6.50M |
| Shares Out | 34.31M |
| EPS (ttm) | 0.19 |
| PE Ratio | 58.58 |
| Forward PE | 27.98 |
| Dividend | $0.20 (1.82%) |
| Ex-Dividend Date | Feb 15, 2024 |
| Volume | 127,209 |
| Open | 11.15 |
| Previous Close | 10.74 |
| Day's Range | 10.83 - 11.59 |
| 52-Week Range | 9.81 - 27.36 |
| Beta | 1.67 |
| Analysts | Buy |
| Price Target | 14.00 (+27.51%) |
| Earnings Date | Apr 25, 2024 |
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, SHYF'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 4 analysts, the average rating for SHYF stock is "Buy." The 12-month stock price forecast is $14.0, which is an increase of 27.51% from the latest price.
News
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 ...
The Shyft Group Achieves Ford Pro Upfitter Designation
Program provides seamless, cost-efficient solutions for mutual customers of Shyft and Ford Program provides seamless, cost-efficient solutions for mutual customers of Shyft and Ford
The Shyft Group Announces March 2024 Analyst & Investor Events
NOVI, Mich., March 04, 2024 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQ: SHYF) (the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commerci...
The Shyft Group to Showcase Innovation and Customer-Centric Solutions at Work Truck Week 2024
Advanced work truck solutions highlight the collective expertise of Shyft's diverse brand portfolio CEO John Dunn to present latest advancements in work truck innovations, accessories, and last-mile d...
The Shyft Group Reports Fourth Quarter and Full-Year 2023 Results
NOVI, Mich., Feb. 22, 2024 (GLOBE NEWSWIRE) -- 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 Announces Fourth Quarter and Year-End 2023 Financial Results Conference Call
NOVI, Mich., Feb. 02, 2024 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQ: SHYF) (“Shyft” or the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for ec...
The Shyft Group Announces Quarterly Dividend
NOVI, Mich., Feb. 01, 2024 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQ: SHYF) (“Shyft” or the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for th...
The Shyft Group Announces Segment Leadership Update
NOVI, Mich., Jan. 09, 2024 (GLOBE NEWSWIRE) -- The Shyft Group (NASDAQ: SHYF) (“Shyft” or “the Company”), the North American leader in specialty vehicle manufacturing, announced that it has appointed ...
The Shyft Group to Participate in the Baird 2023 Global Industrial Conference
NOVI, Mich., Nov. 07, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQ: SHYF) (the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercia...
The Shyft Group Appoints John Dunn as President and CEO
NOVI, Mich.--(BUSINESS WIRE)--The Shyft Group (NASDAQ: SHYF) (“Shyft” or “the Company”), the North American leader in specialty vehicle manufacturing, announced that it has appointed John Dunn, as Pre...
The Shyft Group Reports Third Quarter 2023 Results
Shyft generated $9.2 million of cash from operations; repurchased $10.3 million of shares Specialty Vehicles segment delivered record margin performance
The Shyft Group to Announce Third Quarter 2023 Financial Results on October 26, 2023
NOVI, Mich., Oct. 10, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQ: SHYF) (“Shyft” or the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for ec...
The Shyft Group Signs Agreement With Rush Enterprises Commercial Vehicle Dealer Group for Sales and Service of Blue Arc™ Electric Vehicles
Rush Enterprises operates the largest network of commercial vehicle dealerships in North America Initial focus to sell and service Blue Arc Class 3, 4, and 5 all-electric last mile delivery vehicles t...
The Shyft Group to Attend and Present at the D.A. Davidson 22nd Annual Diversified Industrials & Services Conference
NOVI, Mich., Sept. 19, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQ: SHYF) (the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commerci...
The Shyft Group Releases 2023 Sustainability Report
Affirms commitment to Environmental, Social, and Governance principles Demonstrates progress across initiatives that advance sustainability, promote diversity, equity and inclusion, and enhance corpor...
The Shyft Group to Participate in the 2023 RBC Capital Markets Global Industrials Conference
NOVI, Mich., Sept. 12, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQ: SHYF) (the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commerci...
SHYFT ALERT: Bragar Eagel & Squire, P.C. is Investigating Shyft Group, Inc. on Behalf of Shyft Stockholders and Encourages Investors to Contact the Firm
NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Shyft Group, Inc. (“Shyft” or the “Company”)...
INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against The Shyft Group, Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / August 8, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The Shyft Group,...
SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against The Shyft Group, Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / August 5, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The Shyft Group,...
INVESTIGATION ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against The Shyft Group, Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / August 4, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The Shyft Group,...
ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against The Shyft Group, Inc. and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / August 3, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The Shyft Group,...
Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Shyft Group Inc. (SHYF)
NEW YORK--(BUSINESS WIRE)---- $SHYFT #classaction--The law firm of Kirby McInerney LLP is investigating potential claims against Shyft Group Inc. (“Shyft” or the “Company”) (NASDAQ: SHYF). The investi...
The Shyft Group Reports Second Quarter 2023 Results
NOVI, Mich., July 27, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQ: SHYF) (“Shyft” or the “Company”), the North American leader in specialty vehicle manufacturing, assembly and upfit for the...