The Shyft Group, Inc. (SHYF)
NASDAQ: SHYF · IEX Real-Time Price · USD
11.78
+0.12 (1.03%)
At close: Jul 19, 2024, 4:00 PM
11.85
+0.07 (0.59%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
The Shyft Group Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for The Shyft Group stock have an average target of 14, with a low estimate of 12 and a high estimate of 18. The average target predicts an increase of 18.85% from the current stock price of 11.78.
Analyst Consensus: Buy
* Price targets were last updated on Feb 27, 2024.
Analyst Ratings
The average analyst rating for SHYF stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | +1.87% | Feb 27, 2024 |
| Craig-Hallum | Craig-Hallum | Hold Maintains $16 → $12 | Hold | Maintains | $16 → $12 | +1.87% | Oct 27, 2023 |
| BTIG | BTIG | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Oct 27, 2023 |
| Craig-Hallum | Craig-Hallum | Strong Buy → Hold Downgrades $35 → $16 | Strong Buy → Hold | Downgrades | $35 → $16 | +35.82% | Jul 28, 2023 |
| Raymond James | Raymond James | Strong Buy Maintains $26 → $18 | Strong Buy | Maintains | $26 → $18 | +52.80% | Jul 28, 2023 |
Financial Forecast
Revenue This Year
885.43M
from 872.20M
Increased by 1.52%
Revenue Next Year
960.91M
from 885.43M
Increased by 8.52%
EPS This Year
0.42
from 0.19
Increased by 121.36%
EPS Next Year
0.94
from 0.42
Increased by 124.33%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 928.2M | 1.0B | 991.8M |
| Avg | 885.4M | 960.9M | 963.5M |
| Low | 836.8M | 892.2M | 925.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.4% | 13.8% | 3.2% |
| Avg | 1.5% | 8.5% | 0.3% |
| Low | -4.1% | 0.8% | -3.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.51 | 0.99 | 0.96 |
| Avg | 0.42 | 0.94 | 0.93 |
| Low | 0.34 | 0.89 | 0.89 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 169.1% | 134.7% | 1.3% |
| Avg | 121.4% | 124.3% | -1.6% |
| Low | 80.5% | 112.0% | -5.5% |
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.