The Shyft Group, Inc. (SHYF)

NASDAQ: SHYF · IEX Real-Time Price · USD
22.84
1.30 (6.04%)
May 17, 2022 4:00 PM EDT - Market closed
Market Cap800.28M
Revenue (ttm)1.00B
Net Income (ttm)53.50M
Shares Out35.04M
EPS (ttm)1.50
PE Ratio15.27
Forward PE9.49
Dividend$0.15 (0.66%)
Ex-Dividend DateMay 16, 2022
Volume333,121
Open22.05
Previous Close21.54
Day's Range21.79 - 23.06
52-Week Range21.41 - 54.50
Beta1.57
AnalystsBuy
Price Target47.12 (+106.3%)
Earnings DateApr 28, 2022

About SHYF

The Shyft Group, Inc. manufactures and assembles specialty vehicles for the commercial vehicle 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 manufactures and sells 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 w...

IndustryMachinery
Founded1975
CEODaryl Adams
Employees3,306
Stock ExchangeNASDAQ
Ticker SymbolSHYF
Full Company Profile

Financial Performance

In 2021, SHYF's revenue was $991.79 million, an increase of 46.72% compared to the previous year's $675.97 million. Earnings were $68.93 million, an increase of 110.02%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for SHYF stock is "Buy." The 12-month stock price forecast is 47.12, which is an increase of 106.30% from the latest price.

Price Target
$47.12
(106.30% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Crain's Detroit Business Names Daryl Adams of The Shyft Group as Notable Leader in EV

Serving as President and CEO since 2015, Adams leads an organization ready to electrify last-mile parcel delivery Serving as President and CEO since 2015, Adams leads an organization ready to electrify ...

1 day ago - GlobeNewsWire

The Shyft Group Announces Quarterly Dividend

NOVI, Mich., May 02, 2022 (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 c...

2 weeks ago - GlobeNewsWire

The Shyft Group (SHYF) Reports Q1 Loss, Tops Revenue Estimates

The Shyft Group (SHYF) delivered earnings and revenue surprises of 25% and 8.46%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

The Shyft Group Posts First Quarter 2022 Results

Reports Sales of $207 Million; EPS of ($0.11) and Adjusted EPS of ($0.06)

2 weeks ago - GlobeNewsWire

Electric delivery van and chassis makers jostle for leadership

As the cost gap shrinks between conventional and electric delivery vans and work trucks, legacy bodybuilders and startups from A to Z seek leadership and market share. It's a smart play.

3 weeks ago - FreightWaves

The Shyft Group Conference Call and Webcast of First Quarter 2022 Results Scheduled for April 28

NOVI, Mich., April 14, 2022 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQ: SHYF) (“Shyft” or the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for eco...

1 month ago - GlobeNewsWire

Carl Esposito Joins Shyft Group's Board of Directors

Esposito Brings Strong Innovation and Electronics Solutions Business Expertise Esposito Brings Strong Innovation and Electronics Solutions Business Expertise

2 months ago - GlobeNewsWire

The Shyft Group to Attend the 34th Annual ROTH Conference

NOVI, Mich., March 10, 2022 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQ: SHYF) (the “Company”), the North American leader in specialty vehicle manufacturing and assembly for the commercial and fle...

2 months ago - GlobeNewsWire

The Shyft Group Debuts Blue Arc EV Solutions Go to Market Brand and Sets Industry Benchmark in Commercial Grade Fully...

Leader in parcel-delivery fleets responds to direct customer requests to help meet last-mile delivery needs with new commercial grade EV ecosystem

2 months ago - GlobeNewsWire

The Shyft Group to Attend the Raymond James 43rd Annual Institutional Investors Conference

NOVI, Mich., March 03, 2022 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQ: SHYF) (the “Company”), the North American leader in specialty vehicle manufacturing and assembly for the commercial and fle...

2 months ago - GlobeNewsWire

The Shyft Group (SHYF) Q4 Earnings and Revenues Top Estimates

The Shyft Group (SHYF) delivered earnings and revenue surprises of 16.67% and 18.86%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

The Shyft Group Reports Fourth Quarter and Full-Year 2021 Results

Posts Record Full Year EPS of $1.91; Adjusted EPS of $2.08 on Sales of $992 Million Posts Record Full Year EPS of $1.91; Adjusted EPS of $2.08 on Sales of $992 Million

2 months ago - GlobeNewsWire

The Shyft Group (SHYF) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

The Shyft Group (SHYF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

The Shyft Group Conference Call and Webcast of Fourth Quarter and Full Year 2021 Results Scheduled for February 24

NOVI, Mich., Feb. 10, 2022 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQ: SHYF) (“Shyft” or the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for ecom...

3 months ago - GlobeNewsWire

THE SHYFT GROUP TO DEBUT LAST-MILE ELECTRIC DELIVERY VEHICLE AT NTEA WORK TRUCK WEEK

NOVI, Mich., Feb. 8, 2022 /PRNewswire/ -- The Shyft Group (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specia...

3 months ago - PRNewsWire

The Shyft Group Raises Quarterly Dividend 2X to $0.05 per Share

NOVI, Mich., Feb. 03, 2022 (GLOBE NEWSWIRE) -- The Shyft Group, Inc., (NASDAQ: SHYF) (“Shyft” or the “Company”), North America's leader in specialty vehicle manufacturing, assembly, and upfit for ecomme...

3 months ago - GlobeNewsWire

THE SHYFT GROUP BOARD MEMBER MICHAEL DINKINS HONORED BY SAVOY MAGAZINE

NOVI, Mich., Jan. 26, 2022 /PRNewswire/ -- The Shyft Group (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service speci...

3 months ago - PRNewsWire

Spartan RV Chassis Parts & Accessories Launches One-Touch Automatic Leveling System at the 2022 Florida RV SuperShow

NOVI, Mich., Jan. 14, 2022 /PRNewswire/ --  Spartan RV Chassis , a go-to-market brand of The Shyft Group (NASDAQ: SHYF), will exhibit at the 2022 Florida RV SuperShow and introduce for the first time it...

4 months ago - PRNewsWire

SHYF vs. RACE: Which Stock Should Value Investors Buy Now?

SHYF vs. RACE: Which Stock Is the Better Value Option?

Other symbols:RACE
4 months ago - Zacks Investment Research

THE SHYFT GROUP'S UTILIMASTER UPFITS FORD PRO ALL-ELECTRIC E-TRANSIT CUSTOMER PILOT VEHICLES

NOVI, Mich., Dec. 22, 2021 /PRNewswire/ --­ Utilimaster , a go-to-market brand of The Shyft Group's Fleet Vehicles & Services business unit (NASDAQ: SHYF) ("Shyft" or the "Company"), announced today it ...

4 months ago - PRNewsWire

3 Reasons Why Growth Investors Shouldn't Overlook The Shyft Group (SHYF)

The Shyft Group (SHYF) is well positioned to outperform the market, as it exhibits above-average growth in financials.

5 months ago - Zacks Investment Research

Earnings Estimates Rising for The Shyft Group (SHYF): Will It Gain?

The Shyft Group (SHYF) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

5 months ago - Zacks Investment Research

Here is Why Growth Investors Should Buy The Shyft Group (SHYF) Now

The Shyft Group (SHYF) is well positioned to outperform the market, as it exhibits above-average growth in financials.

6 months ago - Zacks Investment Research

The Shyft Group (SHYF) Beats Q3 Earnings and Revenue Estimates

The Shyft Group (SHYF) delivered earnings and revenue surprises of 21.15% and 10.17%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

The Shyft Group Reports Record Third Quarter Results

NOVI, Mich., Nov. 4, 2021 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly and upfit for the commer...

6 months ago - PRNewsWire