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SHYF

SHYF - The Shyft Group, Inc. Stock Price, Fair Value and News

10.92USD+0.20 (+1.87%)Delayed as of 18 Mar 2024, 02:00 pm ET

Market Summary

SHYF
USD10.92+0.20
Delayedas of 18 Mar 2024, 02:00 pm
1.87%

SHYF Alerts

  • 1 major insider buys recently.
  • ALLIANCEBERNSTEIN L.P. reported owning 6.3% of SHYF [2024-02-14]
  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

SHYF Stock Price

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SHYF RSI Chart

SHYF Valuation

Market Cap

367.8M

Price/Earnings (Trailing)

56.77

Price/Sales (Trailing)

0.42

EV/EBITDA

16.88

Price/Free Cashflow

10.36

SHYF Price/Sales (Trailing)

SHYF Profitability

EBT Margin

0.08%

Return on Equity

2.57%

Return on Assets

1.22%

Free Cashflow Yield

9.65%

SHYF Fundamentals

SHYF Revenue

Revenue (TTM)

872.2M

Rev. Growth (Yr)

-33%

Rev. Growth (Qtr)

0.5%

SHYF Earnings

Earnings (TTM)

6.5M

Earnings Growth (Yr)

-124.67%

Earnings Growth (Qtr)

-197.41%

Breaking Down SHYF Revenue

52 Week Range

10.4927.36
(Low)(High)

Last 7 days

3.3%

Last 30 days

1.3%

Last 90 days

-0.1%

Trailing 12 Months

-62.3%

How does SHYF drawdown profile look like?

SHYF Financial Health

Current Ratio

1.57

Debt/Equity

0.2

Debt/Cashflow

1.12

SHYF Investor Care

Dividend Yield

1.87%

Dividend/Share (TTM)

0.2

Buy Backs (1Y)

2.58%

Diluted EPS (TTM)

0.19

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.1B1.1B971.9M872.2M
20221.0B989.0M1.0B1.0B
2021696.9M816.9M886.1M991.8M
2020761.3M705.6M684.4M676.0M
2019636.4M691.7M750.5M756.5M
2018646.3M601.0M577.7M570.5M
2017624.1M631.3M671.9M707.1M
2016555.8M573.5M585.6M590.8M
2015507.2M536.2M528.5M550.4M
2014501.4M496.3M514.4M506.8M
2013447.9M454.4M467.6M469.5M
2012449.7M464.7M457.3M470.6M
2011458.2M441.9M441.7M426.0M
20100433.3M457.0M480.7M
2009000409.5M

Tracking the Latest Insider Buys and Sells of The Shyft Group, Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 05, 2024
douyard jonathan c
acquired
38,480
10.3
3,736
chief financial officer
Mar 05, 2024
hindman colin e
sold (taxes)
-8,775
10.3
-852
chief human resources officer
Mar 05, 2024
hindman colin e
acquired
17,932
10.3
1,741
chief human resources officer
Mar 05, 2024
douyard jonathan c
sold (taxes)
-18,818
10.3
-1,827
chief financial officer
Mar 01, 2024
dunn john albert
sold (taxes)
-39,337
10.44
-3,768
president and ceo
Feb 26, 2024
dunn john albert
bought
49,995
11.00
4,545
president and ceo
Feb 01, 2024
farmer jacob owen
acquired
197,750
11.19
17,672
president, fleet vehicles
Jan 10, 2024
esposito carl a.
acquired
4,516
11.73
385
-
Jan 10, 2024
mascarenas paul anthony
acquired
18,052
11.73
1,539
-
Nov 24, 2023
douyard jonathan c
acquired
-
-
26,801
chief financial officer

1–10 of 50

Which funds bought or sold SHYF recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 11, 2024
VANGUARD GROUP INC
added
2.06
-4,344,680
21,689,300
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
267
2,665,080
4,000,390
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-2.19
-51,864
205,455
-%
Feb 26, 2024
CENTAURUS FINANCIAL, INC.
reduced
-12.93
-2,211,000
5,434,000
0.41%
Feb 16, 2024
WESBANCO BANK INC
sold off
-100
-1,519,400
-
-%
Feb 16, 2024
GSA CAPITAL PARTNERS LLP
reduced
-31.07
-305,000
393,000
0.03%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
33.91
1,222
13,222
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
14.32
-25,000
358,000
-%
Feb 15, 2024
State of Wyoming
reduced
-32.51
-26,366
32,346
0.01%
Feb 15, 2024
Farther Finance Advisors, LLC
added
185
398
697
-%

1–10 of 48

Are Funds Buying or Selling SHYF?

Are funds buying SHYF calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SHYF
No. of Funds

Unveiling The Shyft Group, Inc.'s Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
alliancebernstein l.p.
6.3%
2,157,019
SC 13G/A
Feb 13, 2024
vanguard group inc
5.18%
1,774,901
SC 13G
Feb 02, 2024
abrdn plc
-
0
SC 13G/A
Jan 26, 2024
blackrock inc.
7.7%
2,636,033
SC 13G/A
Feb 14, 2023
alliancebernstein l.p.
5.9%
2,062,338
SC 13G
Feb 09, 2023
abrdn plc
5.67%
1,989,521
SC 13G/A
Feb 01, 2023
blackrock inc.
6.9%
2,433,861
SC 13G/A
Feb 08, 2022
dimensional fund advisors lp
3.7%
1,319,573
SC 13G/A
Feb 01, 2022
blackrock inc.
6.5%
2,288,814
SC 13G/A
Jan 28, 2022
abrdn plc
8.8%
3,119,679
SC 13G

Recent SEC filings of The Shyft Group, Inc.

View All Filings
Date Filed Form Type Document
Mar 07, 2024
4
Insider Trading
Mar 07, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Feb 28, 2024
4
Insider Trading
Feb 22, 2024
8-K
Current Report
Feb 22, 2024
10-K
Annual Report
Feb 14, 2024
SC 13G/A
Major Ownership Report
Feb 13, 2024
SC 13G
Major Ownership Report
Feb 05, 2024
4
Insider Trading
Feb 02, 2024
SC 13G/A
Major Ownership Report

What is the Fair Value of SHYF?

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Disclaimer: Conduct thorough research and seek guidance from a certified financial advisor prior to finalizing any investment choices.

Peers (Alternatives to The Shyft Group, Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
183.8B
68.0B
14.92% 83.49%
19.39
2.7
16.96% 2688.24%
177.2B
67.1B
10.85% 29.98%
17.15
2.64
12.84% 54.12%
41.9B
6.5B
6.39% 20.39%
31.93
6.36
7.26% 13.25%
39.0B
34.1B
12.37% 8.60%
46.41
1.14
21.34% -61.52%
12.5B
14.9B
-1.46% -0.69%
201.49
0.84
12.31% -81.65%
MID-CAP
9.3B
6.9B
10.82% 63.71%
60.72
1.34
5.64% 109.59%
6.6B
15.5B
11.76% 18.10%
47.62
0.43
12.59% -4.48%
5.8B
4.3B
6.48% 17.09%
31.09
1.34
19.51% -1.03%
4.0B
2.3B
5.04% 43.94%
24.91
1.72
2.90% -35.23%
2.5B
1.7B
7.02% 39.98%
18.09
1.46
11.63% 33.59%
SMALL-CAP
1.1B
1.4B
-11.75% -57.40%
17.74
0.81
-24.65% -34.19%
854.8M
56.2M
5.71% -69.42%
-0.88
23.85
-27.93% -23.21%
652.7M
527.6M
1.71% 19.68%
19.21
1.24
14.23% 56.70%
431.8M
135.4M
41.25% 149.65%
-26.33
3.19
-25.90% 65.37%
187.5M
99.2M
32.09% 9.94%
-15.3
1.89
-3.69% -37.37%

The Shyft Group, Inc. News

Latest updates
MarketBeat • 16 Mar 2024 • 03:42 am
Seeking Alpha • 07 Mar 2024 • 04:45 pm
Markets Insider • 07 Mar 2024 • 04:55 am
Yahoo Finance • 05 Mar 2024 • 01:34 pm
Zacks Investment Research • 22 Feb 2024 • 01:04 pm

The Shyft Group, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue0.5%202201225243302286232207277273244198172203124177180225180172174
Gross Profit-24.1%28.0037.0043.0043.0058.0054.0042.0026.0051.0056.0052.0040.0035.0051.0024.0036.0037.0038.0021.0021.0019.00
Operating Expenses8.9%36.0033.0036.0039.0035.0032.0034.0031.0032.0028.0030.0025.0024.0024.0026.0023.0019.0021.0015.0015.0013.00
  S&GA Expenses3.7%28.0027.0030.0032.0029.0025.0027.0027.0028.0025.0029.0025.0024.0024.0025.0021.0018.0020.0013.0014.00-7.31
  R&D Expenses36.3%7.005.006.007.006.007.008.005.004.003.001.001.001.001.001.002.001.001.001.001.00-1.55
EBITDA Margin-50.7%0.03*0.06*0.07*0.07*0.06*0.06*0.06*0.07*0.09*0.10*0.10*0.09*---------
Interest Expenses16.4%2.002.001.002.001.001.000.000.000.000.000.00-0.000.000.001.001.000.000.000.000.00
Income Taxes-146.2%-4.80-1.951.000.004.004.001.00-1.88-1.457.006.003.003.007.00-0.550.003.004.002.001.00-0.27
Earnings Before Taxes-459.2%-9.223.005.002.0022.0021.007.00-5.7419.0028.0023.0015.0011.0027.00-1.6812.0018.0017.006.006.006.00
EBT Margin-97.6%0.00*0.03*0.05*0.05*0.04*0.04*0.05*0.06*0.09*0.09*0.09*0.07*---------
Net Income-197.4%-4.405.005.002.0018.0017.005.00-3.8520.0021.0017.0012.008.0018.00-1.298.00-27.8210.004.001.002.00
Net Income Margin-74.9%0.01*0.03*0.04*0.04*0.04*0.04*0.04*0.05*0.07*0.06*0.07*0.05*---------
Free Cashflow70.2%7.004.0023.001.0016.00-8.02-9.81-33.3021.0038.004.00-7.22---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-1.0%53053549655758055249545971.0030.0024.0035.0050.0074.0059.0010368.0069.0073.0083.0082.00
  Current Assets-4.3%287300260318346326268230234219213206156211174204253288274260245
    Cash Equivalents0.8%10.0010.008.007.0012.003.007.004.0037.0015.004.0010.0021.0043.0024.0041.0019.0015.0018.0021.0027.00
  Inventory-8.7%10511510110910011110291.0067.0082.0068.0059.0046.0043.0054.0059.0059.0088.0082.0084.0039.00
  Net PPE5.0%83.0079.0077.0074.0071.0067.0066.0064.0061.0057.0054.0052.0046.0037.0037.0041.0040.0062.0056.0056.0032.00
  Goodwill0%49.0049.0049.0049.0049.0049.0049.0049.0049.0049.0049.0049.0049.005.0043.0044.0044.0060.0032.0034.0022.00
Liabilities-0.7%278280235300312302262231181183194205159189172207279313207195168
  Current Liabilities3.9%18317614018020118515414013614013114193.0010586.00103158167170154138
  Short Term Borrowings17.8%34.0029.009.0016.0020.0024.0024.009.0010.004.0014.0025.007.0013.003.009.008.0017.00---
  Long Term Debt-9.1%50.0055.0045.0065.0056.0065.0055.0035.001.001.0023.0023.0023.0049.0059.0075.0089.0010921.0026.0026.00
    LT Debt, Current-------------------0.00-0.00
    LT Debt, Non Current------------------10921.00-26.00
Shareholder's Equity-1.4%252256261257269250233228267247255207200199180182172200188187186
  Retained Earnings-3.7%15816517116817616014414117115213211710910991.0095.0087.00116106104104
  Additional Paid-In Capital--------------90.0088.0087.0085.0084.0082.0083.0083.00
Shares Outstanding0.0%34.0034.0035.0035.0035.0035.0035.0035.0035.0035.0035.0035.00---------
Minority Interest-100.0%-0.000.000.000.000.000.000.000.001.001.00-0.14-0.17-0.34-0.38-0.45-0.52-0.67-0.73-0.52-0.66
Float---754---637---1,294---582---372--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations24.2%11,4269,19729,7345,88725,650-7,824-8,885-27,78431,68639,0954,531-1,30343,33932,7075,354-17,06827,9473,4935,144-2,40313,973
  Share Based Compensation26.2%2,6472,0971,2631,8272,6971,2142,0601,6482,1742,0792,8501,6421,5262,0642,1262,1321,5141,5651,342860973
Cashflow From Investing11.4%-4,571-5,162-6,437-4,944-6,336-4,218-4,377-5,485-4,758-5,364-6,444-5,510-31,911-2,359-3,38152,567-1,815-93,433-1,783-1,934-6,790
Cashflow From Financing-244.4%-6,774-1,967-22,867-5,113-10,6288,29716,178-198-4,319-23,360-3,958-4,133-33,834-10,840-18,983-13,945-21,80287,062-6,832-1,7344,589
  Dividend Payments-1.3%1,7171,7391,7751,8781,7531,7551,7541,8868918848878899038871,775-1,795---1,757
  Buy Backs-98.9%11310,41021.008,765---26,789-260--3,3487,503------793-

SHYF Income Statement

2023-12-31
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Sales$ 872,198$ 1,027,164$ 991,792
Cost of products sold721,840846,731792,527
Gross profit150,358180,433199,265
Operating expenses:   
Research and development25,18525,3248,541
Selling, general and administrative118,420107,600106,672
Total operating expenses143,605132,924115,213
Operating income6,75347,50984,052
Other income (expense):   
Interest expense(6,527)(2,833)(414)
Other income (expense)470(750)842
Total other income (expense)(6,057)(3,583)428
Income from continuing operations before income taxes69643,92684,480
Income tax expense (benefit)(5,768)7,36814,506
Income from continuing operations6,46436,55869,974
Income from discontinued operations, net of income taxes00181
Net income6,46436,55870,155
Less: net income (loss) attributable to non-controlling interest(32)01,230
Net income attributable to Shyft Group, Inc.$ 6,496$ 36,558$ 68,925
Basic earnings per share   
Continuing operations, Basic (in dollars per share)$ 0.19$ 1.04$ 1.94
Discontinued operations, Basic (in dollars per share)000.01
Basic earnings per share (in dollars per share)0.191.041.95
Diluted earnings per share   
Continuing operations, Diluted (in dollars per share)0.191.031.91
Discontinued operations, Diluted (in dollars per share)000
Diluted earnings per share (in dollars per share)$ 0.19$ 1.03$ 1.91
Basic weighted average common shares outstanding (in shares)34,72135,07335,333
Diluted weighted average common shares outstanding (in shares)34,86135,49436,097

SHYF Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 9,957$ 11,548
Accounts receivable, less allowance of $276 and $24679,573115,742
Contract assets50,30586,993
Inventories105,135100,161
Other receivables – chassis pool agreements34,49619,544
Other current assets7,46211,779
Total current assets286,928345,767
Property, plant and equipment, net83,43770,753
Right of use assets – operating leases45,82753,386
Goodwill48,88048,880
Intangible assets, net45,26849,078
Net deferred tax assets17,30010,390
Other assets2,4092,227
TOTAL ASSETS530,049580,481
Current liabilities:  
Accounts payable99,855124,309
Accrued warranty7,2317,161
Accrued compensation and related taxes13,52614,434
Contract liabilities4,7565,255
Operating lease liability10,81710,888
Other current liabilities and accrued expenses11,96519,452
Short-term debt – chassis pool agreements34,49619,544
Current portion of long-term debt185189
Total current liabilities182,831201,232
Other non-current liabilities8,18410,033
Long-term operating lease liability36,72444,256
Long-term debt, less current portion50,14456,266
Total liabilities277,883311,787
Commitments and contingent liabilities
Shareholders' equity:  
Preferred stock, no par value: 2,000 shares authorized (none issued)00
Common stock, no par value: 80,000 shares authorized; 34,303 and 35,066 outstanding93,70592,982
Retained earnings158,461175,611
Total Shyft Group, Inc. shareholders’ equity252,166268,593
Non-controlling interest0101
Total shareholders' equity252,166268,694
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY$ 530,049$ 580,481
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 walk-in vans, cutaway vans, and truck bodies under the Aeromaster, Velocity, Trademaster, and Utilivan brands; and vocation-specific equipment upfit services under the Utilimaster Upfit Services and Strobes-R-Us brands. It also installs specialty interior and exterior up-fit equipment for walk-in vans, truck bodies, cargo vans, and light duty pick-up trucks; and provides aftermarket support, including parts sales and field services, as well as parts and accessories. The Specialty Vehicles segment engineers and manufactures luxury class A diesel motor home chassis; and manufactures and assembles truck bodies under the Royal Truck Body and DuraMag brands. It also provides final assembly services for Isuzu N-gas and F-series chassis under the Builtmore Contract Manufacturing brand; and designs and installs custom lighting and upfit solutions for a range of specialty industries. In addition, this segment provides truck accessories under the Magnum brand; and a range of parts and accessories, and maintenance and repair services for its motorhome and specialty chassis. The Shyft Group, Inc. sells its products to commercial users, original equipment manufacturers, dealers, individuals, municipalities, and other government entities. The company was formerly known as Spartan Motors, Inc. and changed its name to The Shyft Group, Inc. in June 2020. The Shyft Group, Inc. was incorporated in 1975 and is headquartered in Novi, Michigan.
 CEO
 WEBSITEwww.theshyftgroup.com
 EMPLOYEES3780

The Shyft Group, Inc. Frequently Asked Questions


What is the ticker symbol for The Shyft Group, Inc.? What does SHYF stand for in stocks?

SHYF is the stock ticker symbol of The Shyft Group, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of The Shyft Group, Inc. (SHYF)?

As of Fri Mar 15 2024, market cap of The Shyft Group, Inc. is 367.85 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SHYF stock?

You can check SHYF's fair value in chart for subscribers.

What is the fair value of SHYF stock?

You can check SHYF's fair value in chart for subscribers. The fair value of The Shyft Group, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of The Shyft Group, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SHYF so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is The Shyft Group, Inc. a good stock to buy?

The fair value guage provides a quick view whether SHYF is over valued or under valued. Whether The Shyft Group, Inc. is cheap or expensive depends on the assumptions which impact The Shyft Group, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SHYF.

What is The Shyft Group, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Mar 15 2024, SHYF's PE ratio (Price to Earnings) is 56.77 and Price to Sales (PS) ratio is 0.42. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SHYF PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on The Shyft Group, Inc.'s stock?

In the past 10 years, The Shyft Group, Inc. has provided 0.086 (multiply by 100 for percentage) rate of return.