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SHYF

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

12.44USD+0.01 (+0.08%)Delayed as of 17 May 2024, 11:01 am ET

Market Summary

SHYF
USD12.44+0.01
Delayedas of 17 May 2024, 11:01 am
0.08%

SHYF Alerts

  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

SHYF Stock Price

View Fullscreen

SHYF RSI Chart

SHYF Valuation

Market Cap

427.3M

Price/Earnings (Trailing)

3.7K

Price/Sales (Trailing)

0.52

EV/EBITDA

25.01

Price/Free Cashflow

17.5

SHYF Price/Sales (Trailing)

SHYF Profitability

EBT Margin

-0.64%

Return on Equity

0.05%

Return on Assets

0.02%

Free Cashflow Yield

5.71%

SHYF Fundamentals

SHYF Revenue

Revenue (TTM)

826.6M

Rev. Growth (Yr)

-18.71%

Rev. Growth (Qtr)

-2.2%

SHYF Earnings

Earnings (TTM)

117.0K

Earnings Growth (Yr)

-373.04%

Earnings Growth (Qtr)

-5.71%

Breaking Down SHYF Revenue

52 Week Range

12.2827.36
(Low)(High)

Last 7 days

-0.9%

Last 30 days

13%

Last 90 days

8.1%

Trailing 12 Months

-45.4%

How does SHYF drawdown profile look like?

SHYF Financial Health

Current Ratio

1.77

Debt/Equity

0.26

Debt/Cashflow

0.71

SHYF Investor Care

Dividend Yield

1.61%

Dividend/Share (TTM)

0.2

Buy Backs (1Y)

1.55%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024826.6M000
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
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Tracking the Latest Insider Buys and Sells of The Shyft Group, Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 01, 2029
ocholik scott matthew
sold (taxes)
-20,691
12.42
-1,666
vp chief accounting officer
Apr 10, 2024
esposito carl a.
acquired
4,288
11.98
358
-
Apr 10, 2024
mascarenas paul anthony
acquired
10,422
11.98
870
-
Apr 01, 2024
hindman colin e
sold (taxes)
-17,400
12.42
-1,401
chief human resources officer
Apr 01, 2024
sherbin joshua a
sold (taxes)
-15,326
12.42
-1,234
chief legal officer
Apr 01, 2024
dunn john albert
sold (taxes)
-12,643
12.42
-1,018
president and ceo
Apr 01, 2024
douyard jonathan c
sold (taxes)
-36,191
12.42
-2,914
chief financial officer
Mar 29, 2024
hindman colin e
acquired
-
-
15,462
chief human resources officer
Mar 29, 2024
dunn john albert
acquired
-
-
80,471
president and ceo
Mar 29, 2024
ocholik scott matthew
acquired
-
-
18,019
vp chief accounting officer

1–10 of 50

Which funds bought or sold SHYF recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 15, 2024
OCCUDO QUANTITATIVE STRATEGIES LP
new
-
219,846
219,846
0.04%
May 15, 2024
Cubist Systematic Strategies, LLC
reduced
-44.77
-831,518
1,063,930
0.01%
May 15, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
4.21
21,000
379,000
-%
May 15, 2024
UBS ASSET MANAGEMENT AMERICAS LLC
added
8.07
61,717
688,690
-%
May 15, 2024
JANUS HENDERSON GROUP PLC
added
0.01
2,842
180,214
-%
May 15, 2024
QUADRANT CAPITAL GROUP LLC
reduced
-15.82
-1,774
10,508
-%
May 15, 2024
Point72 Asia (Singapore) Pte. Ltd.
new
-
31,667
31,667
0.01%
May 15, 2024
Point72 Hong Kong Ltd
sold off
-100
-91,650
-
-%
May 15, 2024
BANK OF AMERICA CORP /DE/
reduced
-14.2
-109,905
749,185
-%
May 15, 2024
BARCLAYS PLC
reduced
-5.27
-30,000
796,000
-%

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
May 15, 2024
8-K
Current Report
Apr 25, 2024
10-Q
Quarterly Report
Apr 25, 2024
8-K
Current Report
Apr 11, 2024
4
Insider Trading
Apr 11, 2024
4
Insider Trading
Apr 03, 2024
ARS
ARS
Apr 03, 2024
DEF 14A
DEF 14A
Apr 03, 2024
DEFA14A
DEFA14A
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading

Peers (Alternatives to The Shyft Group, Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
176.5B
69.5B
2.83% 55.79%
50.26
2.54
16.04% -60.91%
173.3B
67.0B
-2.52% 65.39%
15.41
2.59
8.59% 58.17%
39.4B
34.0B
-2.28% 34.42%
19.09
1.16
12.85% -19.64%
38.9B
6.7B
-6.26% 15.04%
29.47
5.77
7.11% 10.53%
12.2B
15.3B
-4.58% 12.22%
-885.13
0.79
13.36% -103.70%
MID-CAP
10.0B
6.9B
-7.16% 55.97%
57.9
1.44
3.19% 62.26%
6.6B
4.4B
7.46% 43.51%
28.02
1.48
17.31% 1.26%
6.5B
15.5B
-5.25% 37.11%
21.51
0.42
7.53% 3145.00%
4.2B
2.4B
9.86% 24.26%
29.55
1.79
4.48% -49.27%
2.4B
1.7B
-7.77% 9.43%
17.53
1.39
8.96% 15.52%
SMALL-CAP
1.4B
1.4B
41.10% -38.08%
24.52
1.02
-13.54% -25.70%
877.3M
573.3M
8.23% 56.79%
27.11
1.53
26.00% -2.24%
746.1M
35.8M
-17.91% -25.52%
-0.79
20.82
-27.93% -18.06%
436.8M
135.4M
18.83% 208.03%
-26.63
3.23
-25.90% 65.37%
254.2M
100.1M
4.60% 451.47%
-31.16
2.54
2.80% 39.07%

The Shyft Group, Inc. News

Latest updates
Yahoo Lifestyle UK • 13 May 2024 • 07:00 am
MarketBeat • 11 May 2024 • 01:39 pm
Simply Wall St • 09 May 2024 • 11:31 am
Yahoo Movies UK • 09 May 2024 • 10:31 am
Yahoo Singapore News • 02 May 2024 • 08:48 pm
Simply Wall St • 20 Mar 2024 • 07:00 am
The Motley Fool • 9 months ago

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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-2.2%198202201225243302286232207277273244198172203124177180225180172
Gross Profit22.0%34.0028.0037.0043.0043.0058.0054.0042.0026.0051.0056.0052.0040.0035.0051.0024.0036.0037.0038.0021.0021.00
Operating Expenses1.2%36.0036.0033.0036.0039.0035.0032.0034.0031.0032.0028.0030.0025.0024.0024.0026.0023.0019.0021.0015.0015.00
  S&GA Expenses13.5%32.0028.0027.0030.0032.0029.0025.0027.0027.0028.0025.0029.0025.0024.0024.0025.0021.0018.0020.0013.0014.00
  R&D Expenses-47.8%4.007.005.006.007.006.007.008.005.004.003.001.001.001.001.001.002.001.001.001.001.00
EBITDA Margin-16.4%0.02*0.03*0.06*0.07*0.07*0.06*0.06*0.06*0.07*0.09*0.10*0.10*---------
Interest Expenses12.2%2.002.002.001.002.001.001.000.000.000.000.000.00-0.000.000.001.001.000.000.000.00
Income Taxes116.3%1.00-4.80-1.951.000.004.004.001.00-1.88-1.457.006.003.003.007.00-0.550.003.004.002.001.00
Earnings Before Taxes57.9%-3.89-9.223.005.002.0022.0021.007.00-5.7419.0028.0023.0015.0011.0027.00-1.6812.0018.0017.006.006.00
EBT Margin-903.1%-0.01*0.00*0.03*0.05*0.05*0.04*0.04*0.05*0.06*0.09*0.09*0.09*---------
Net Income-5.7%-4.67-4.425.005.002.0018.0017.005.00-3.8520.0021.0017.0012.008.0018.00-1.298.00-27.8210.004.001.00
Net Income Margin-98.1%0.00*0.01*0.03*0.04*0.04*0.04*0.04*0.04*0.05*0.07*0.06*0.07*---------
Free Cashflow-241.5%-9.687.004.0023.001.0016.00-8.02-9.81-33.3021.0038.004.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-4.2%50853053549653858055249545971.0030.0024.0035.0050.0074.0059.0010368.0069.0073.0083.00
  Current Assets-6.5%268287300260318346326268230234219213206156211174204253288274260
    Cash Equivalents33.1%13.0010.0010.008.007.0012.003.007.004.0037.0015.004.0010.0021.0043.0024.0041.0019.0015.0018.0021.00
  Inventory-6.9%98.0010511510110910011110291.0067.0082.0068.0059.0046.0043.0054.0059.0059.0088.0082.0084.00
  Net PPE-3.0%81.0083.0079.0077.0074.0071.0067.0066.0064.0061.0057.0054.0052.0046.0037.0037.0041.0040.0062.0056.0056.00
  Goodwill0%49.0049.0049.0049.0049.0049.0049.0049.0049.0049.0049.0049.0049.0049.005.0043.0044.0044.0060.0032.0034.00
Liabilities-6.1%261278280235300312302262231181183194205159189172207279313207195
  Current Liabilities-17.0%15218317614018020118515414013614013114193.0010586.00103158167170154
  Short Term Borrowings-45.2%19.0034.0029.009.0016.0020.0024.0024.009.0010.004.0014.0025.007.0013.003.009.008.0017.00--
  Long Term Debt29.9%65.0050.0055.0045.0065.0056.0065.0055.0035.001.001.0023.0023.0023.0049.0059.0075.0089.0010921.0026.00
    LT Debt, Current--------------------0.00-
    LT Debt, Non Current-------------------10921.00-
Shareholder's Equity-2.1%247252256261257269250233228267247255207200199180182172200188187
  Retained Earnings-4.1%15215816517116817616014414117115213211710910991.0095.0087.00116106104
  Additional Paid-In Capital---------------90.0088.0087.0085.0084.0082.0083.00
Accumulated Depreciation3.5%78.0076.00-------------------
Shares Outstanding0.2%34.0034.0034.0035.0035.0035.0035.0035.0035.0035.0035.0035.00---------
Minority Interest---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
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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-134.6%-3,95711,4269,19729,7345,88725,650-7,824-8,885-27,78431,68639,0954,531-1,30343,33932,7075,354-17,06827,9473,4935,144-2,403
  Share Based Compensation-44.3%1,4742,6472,0971,2631,8272,6971,2142,0601,6482,1742,0792,8501,6421,5262,0642,1262,1321,5141,5651,342860
Cashflow From Investing-23.5%-5,644-4,571-5,162-6,437-4,944-6,336-4,218-4,377-5,485-4,758-5,364-6,444-5,510-31,911-2,359-3,38152,567-1,815-93,433-1,783-1,934
Cashflow From Financing290.4%12,895-6,774-1,967-22,867-5,113-10,6288,29716,178-198-4,319-23,360-3,958-4,133-33,834-10,840-18,983-13,945-21,80287,062-6,832-1,734
  Dividend Payments-0.1%1,7161,7171,7391,7751,8781,7531,7551,7541,8868918848878899038871,775-1,795---
  Buy Backs-100.0%-11310,41021.008,765---26,789-3,088--3,3487,503------793
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SHYF Income Statement

2024-03-31
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Sales$ 197,889$ 243,439
Cost of products sold163,827200,515
Gross profit34,06242,924
Operating expenses:  
Research and development3,7196,949
Selling, general and administrative32,27332,289
Total operating expenses35,99239,238
Operating income (loss)(1,930)3,686
Other income (expense)  
Interest expense(2,053)(1,648)
Other income9770
Total other expense(1,956)(1,578)
Income (loss) before income taxes(3,886)2,108
Income tax expense783430
Net income (loss)(4,669)1,678
Less: net loss attributable to non-controlling interest032
Net income (loss) attributable to The Shyft Group Inc.$ (4,669)$ 1,710
Basic earnings (loss) per share (in dollars per share)$ (0.14)$ 0.05
Diluted earnings (loss) per share (in dollars per share)$ (0.14)$ 0.05
Basic weighted average common shares outstanding (in shares)34,31935,058
Diluted weighted average common shares outstanding (in shares)34,31935,340

SHYF Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 13,251$ 9,957
Accounts receivable, less allowance of $277 and $27678,82079,573
Contract assets52,80350,305
Inventories97,931105,135
Other receivables – chassis pool agreements18,89034,496
Other current assets6,7007,462
Total current assets268,395286,928
Property, plant and equipment, net80,90583,437
Right of use assets – operating leases45,07845,827
Goodwill48,88048,880
Intangible assets, net44,39945,268
Net deferred tax assets17,30017,300
Other assets2,7242,409
TOTAL ASSETS507,681530,049
Current liabilities:  
Accounts payable86,15999,855
Accrued warranty8,2127,231
Accrued compensation and related taxes11,67513,526
Contract liabilities3,9394,756
Operating lease liability10,05010,817
Other current liabilities and accrued expenses12,60511,965
Short-term debt – chassis pool agreements18,89034,496
Current portion of long-term debt164185
Total current liabilities151,694182,831
Other non-current liabilities7,2658,184
Long-term operating lease liability36,77636,724
Long-term debt, less current portion65,12150,144
Total liabilities260,856277,883
Commitments and contingent liabilities
Shareholders' equity:  
Preferred stock, no par value: 2,000 shares authorized (none issued)00
Common stock, no par value: 80,000 shares authorized; 34,361 and 34,303 outstanding94,79093,705
Retained earnings152,035158,461
Total shareholders' equity246,825252,166
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY$ 507,681$ 530,049
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
 WEBSITEtheshyftgroup.com
 INDUSTRYApparel Manufacturing
 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 Thu May 16 2024, market cap of The Shyft Group, Inc. is 427.27 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 Thu May 16 2024, SHYF's PE ratio (Price to Earnings) is 3.65 Thousand and Price to Sales (PS) ratio is 0.52. 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 0.106 (multiply by 100 for percentage) rate of return.