The Shyft Group, Inc. (SHYF)
NASDAQ: SHYF · Real-Time Price · USD
13.08
-0.34 (-2.53%)
Nov 21, 2024, 11:29 AM EST - Market open

The Shyft Group Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for The Shyft Group stock has a target of 18, which predicts an increase of 37.61% from the current stock price of 13.08.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $18 $18 $18 $18
Change +37.61% +37.61% +37.61% +37.61%
* Price targets were last updated on Jul 29, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for SHYF is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 111111
Buy 000000
Hold 322220
Sell 000000
Strong Sell 000000
Total 433331

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
DA Davidson
DA Davidson
Strong Buy
Upgrades
$12$18
Strong Buy Upgrades $12$18 +37.61% Jul 29, 2024
DA Davidson
DA Davidson
Hold
Maintains
$13$12
Hold Maintains $13$12 -8.26% Feb 27, 2024
Craig-Hallum
Craig-Hallum
Hold
Maintains
$16$12
Hold Maintains $16$12 -8.26% Oct 27, 2023
BTIG
BTIG
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Oct 27, 2023
Craig-Hallum
Craig-Hallum
Hold
Downgrades
$35$16
Hold Downgrades $35$16 +22.32% Jul 28, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
811.99M
from 872.20M
Decreased by -6.90%
Revenue Next Year
888.18M
from 811.99M
Increased by 9.38%
EPS This Year
0.43
from 0.19
Increased by 131.89%
EPS Next Year
0.77
from 0.43
Increased by 77.43%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
756.54M675.97M991.79M1.03B872.20M811.99M888.18M973.49M
Revenue Growth
32.60%-10.65%46.72%3.57%-15.09%-6.90%9.38%9.61%
EPS
-0.360.911.921.030.190.430.771.20
EPS Growth
--110.94%-46.21%-81.84%131.89%77.43%56.36%
Forward PE
-----30.1516.9910.87
No. Analysts -----664
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 838.7M 965.5M 1.0B
Avg 812.0M 888.2M 973.5M
Low 777.8M 803.6M 927.5M

Revenue Growth

Revenue Growth 202420252026
High
-3.8%
18.9%
13.8%
Avg
-6.9%
9.4%
9.6%
Low
-10.8%
-1.0%
4.4%

EPS Forecast

EPS 202420252026
High 0.47 1.14 1.29
Avg 0.43 0.77 1.20
Low 0.38 0.53 1.11

EPS Growth

EPS Growth 202420252026
High
152.6%
162.4%
67.8%
Avg
131.9%
77.4%
56.4%
Low
104.3%
22.0%
43.9%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.