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Industrials - Agricultural - Machinery - NASDAQ - US
$ 13.92
-1.14 %
$ 480 M
Market Cap
-139.2
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one SHYF stock under the base case scenario is HIDDEN Compared to the current market price of 13.9 USD, The Shyft Group, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart SHYF

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FINANCIALS
872 M REVENUE
-15.09%
6.75 M OPERATING INCOME
-85.79%
6.46 M NET INCOME
-82.32%
56.2 M OPERATING CASH FLOW
398.49%
-21.1 M INVESTING CASH FLOW
-3.42%
-36.7 M FINANCING CASH FLOW
-269.04%
194 M REVENUE
0.67%
5.33 M OPERATING INCOME
1.06%
3.12 M NET INCOME
44.32%
20 M OPERATING CASH FLOW
1673.72%
-50.9 M INVESTING CASH FLOW
-1349.67%
43.3 M FINANCING CASH FLOW
2362.70%
Balance Sheet Decomposition The Shyft Group, Inc.
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Current Assets 287 M
Cash & Short-Term Investments 9.96 M
Receivables 164 M
Other Current Assets 113 M
Non-Current Assets 243 M
Long-Term Investments 0
PP&E 129 M
Other Non-Current Assets 114 M
Current Liabilities 183 M
Accounts Payable 99.9 M
Short-Term Debt 56.3 M
Other Current Liabilities 26.7 M
Non-Current Liabilities 95.1 M
Long-Term Debt 124 M
Other Non-Current Liabilities -28.5 M
EFFICIENCY
Earnings Waterfall The Shyft Group, Inc.
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Revenue 872 M
Cost Of Revenue 722 M
Gross Profit 150 M
Operating Expenses 144 M
Operating Income 6.75 M
Other Expenses 289 K
Net Income 6.46 M
RATIOS
17.24% GROSS MARGIN
17.24%
0.77% OPERATING MARGIN
0.77%
0.74% NET MARGIN
0.74%
2.58% ROE
2.58%
1.23% ROA
1.23%
16.31% ROIC
16.31%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis The Shyft Group, Inc.
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Net Income 6.46 M
Depreciation & Amortization 17 M
Capital Expenditures -20.7 M
Stock-Based Compensation 7.83 M
Change in Working Capital 31.5 M
Others -8.02 M
Free Cash Flow 35.5 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets The Shyft Group, Inc.
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Wall Street analysts predict an average 1-year price target for SHYF of $37.2 , with forecasts ranging from a low of $29 to a high of $50 .
SHYF Lowest Price Target Wall Street Target
29 USD 108.33%
SHYF Average Price Target Wall Street Target
37.2 USD 167.60%
SHYF Highest Price Target Wall Street Target
50 USD 259.20%
4. DIVIDEND ANALYSIS
0.40% DIVIDEND YIELD
0.05 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership The Shyft Group, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
50 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
8 months ago
Feb 26, 2024
Bought 50 K USD
Dunn John Albert
President and CEO
+ 4545
11 USD
1 year ago
Oct 31, 2023
Bought 24.9 K USD
Sherbin Joshua A
Chief Legal Officer
+ 2254
11.05 USD
1 year ago
Oct 27, 2023
Bought 101 K USD
Douyard Jonathan C
Chief Financial Officer
+ 9060
11.1 USD
1 year ago
Aug 03, 2023
Bought 49.3 K USD
DINKINS MICHAEL
Director
+ 3150
15.64 USD
1 year ago
Aug 01, 2023
Bought 50 K USD
PIZZUTO TERRI
Director
+ 3496
14.31 USD
1 year ago
Jul 28, 2023
Bought 50 K USD
Kermisch Pamela L
Director
+ 3239
15.44 USD
1 year ago
Jul 28, 2023
Bought 108 K USD
Rourke Mark B.
Director
+ 7500
14.46 USD
1 year ago
Jul 28, 2023
Bought 110 K USD
Sharman James A.
Director
+ 7610
14.5 USD
1 year ago
Mar 09, 2023
Sell 106 K USD
GUILLAUME STEPHEN K
President, Specialty Vehicles
- 4000
26.43 USD
1 year ago
Mar 06, 2023
Sell 53.7 K USD
GUILLAUME STEPHEN K
President, Specialty Vehicles
- 2000
26.83 USD
1 year ago
Mar 07, 2023
Sell 53.3 K USD
GUILLAUME STEPHEN K
President, Specialty Vehicles
- 2000
26.67 USD
1 year ago
Mar 08, 2023
Sell 106 K USD
GUILLAUME STEPHEN K
President, Specialty Vehicles
- 4000
26.58 USD
1 year ago
Dec 01, 2022
Sell 368 K USD
GUILLAUME STEPHEN K
President, Specialty Vehicles
- 15000
24.51 USD
2 years ago
Sep 09, 2022
Sell 13.3 K USD
DINKINS MICHAEL
Director
- 548
24.29 USD
2 years ago
Mar 10, 2022
Sell 196 K USD
Clevinger Thomas R
director:
- 5000
39.2722 USD
2 years ago
Dec 15, 2021
Sell 501 K USD
Adams Daryl M
President and CEO
- 10688
46.8387 USD
2 years ago
Dec 15, 2021
Sell 204 K USD
Adams Daryl M
President and CEO
- 4312
47.4122 USD
2 years ago
Dec 07, 2021
Sell 988 K USD
Harbour Ronald Edward
Director
- 20000
49.3977 USD
3 years ago
Nov 15, 2021
Sell 243 K USD
Adams Daryl M
President and CEO
- 4798
50.6706 USD
3 years ago
Nov 15, 2021
Sell 414 K USD
Adams Daryl M
President and CEO
- 8029
51.5548 USD
3 years ago
Nov 15, 2021
Sell 114 K USD
Adams Daryl M
President and CEO
- 2173
52.2744 USD
3 years ago
Oct 15, 2021
Sell 267 K USD
Adams Daryl M
President and CEO
- 7161
37.2972 USD
3 years ago
Oct 15, 2021
Sell 241 K USD
Adams Daryl M
President and CEO
- 6239
38.5818 USD
3 years ago
Oct 15, 2021
Sell 62.7 K USD
Adams Daryl M
President and CEO
- 1600
39.1654 USD
3 years ago
Sep 15, 2021
Sell 633 K USD
Adams Daryl M
President and CEO
- 15000
42.1853 USD
3 years ago
Aug 09, 2021
Sell 812 K USD
Harbour Ronald Edward
Director
- 20000
40.5967 USD
3 years ago
Aug 16, 2021
Sell 94.8 K USD
Adams Daryl M
President and CEO
- 2300
41.2057 USD
3 years ago
Aug 16, 2021
Sell 531 K USD
Adams Daryl M
President and CEO
- 12597
42.1772 USD
3 years ago
Aug 16, 2021
Sell 4.38 K USD
Adams Daryl M
President and CEO
- 103
42.5506 USD
3 years ago
Jul 15, 2021
Sell 575 K USD
Adams Daryl M
President and CEO
- 15000
38.3334 USD
3 years ago
Jun 15, 2021
Sell 316 K USD
Adams Daryl M
President and CEO
- 8596
36.738 USD
3 years ago
Jun 15, 2021
Sell 238 K USD
Adams Daryl M
President and CEO
- 6404
37.2316 USD
3 years ago
Jun 10, 2021
Sell 121 K USD
GUILLAUME STEPHEN K
President, Specialty Chassis
- 3000
40.3461 USD
3 years ago
Jun 11, 2021
Sell 120 K USD
GUILLAUME STEPHEN K
President, Specialty Chassis
- 2956
40.6276 USD
3 years ago
Jun 08, 2021
Sell 206 K USD
GUILLAUME STEPHEN K
President, Specialty Chassis
- 5000
41.2628 USD
3 years ago
May 17, 2021
Sell 573 K USD
Adams Daryl M
President and CEO
- 15000
38.2092 USD
3 years ago
Apr 15, 2021
Sell 570 K USD
Adams Daryl M
President and CEO
- 15000
37.9707 USD
3 years ago
Mar 16, 2021
Sell 148 K USD
GUILLAUME STEPHEN K
President, Specialty Chassis
- 3659
40.5439 USD
3 years ago
Mar 15, 2021
Sell 591 K USD
Adams Daryl M
President and CEO
- 14300
41.3229 USD
3 years ago
Mar 15, 2021
Sell 29.7 K USD
Adams Daryl M
President and CEO
- 700
42.3829 USD
3 years ago
Feb 16, 2021
Sell 486 K USD
Adams Daryl M
President and CEO
- 15000
32.382 USD
3 years ago
Jan 15, 2021
Sell 332 K USD
Adams Daryl M
President and CEO
- 11240
29.56 USD
3 years ago
Jan 15, 2021
Sell 113 K USD
Adams Daryl M
President and CEO
- 3760
30.0401 USD
4 years ago
Apr 01, 2020
Sell 151 K USD
Adams Daryl M
President and CEO
- 12500
12.0487 USD
4 years ago
Mar 02, 2020
Sell 170 K USD
Adams Daryl M
President and CEO
- 11672
14.595 USD
4 years ago
Mar 02, 2020
Sell 12.5 K USD
Adams Daryl M
President and CEO
- 828
15.0401 USD
4 years ago
Feb 03, 2020
Sell 172 K USD
Adams Daryl M
President and CEO
- 9647
17.8608 USD
4 years ago
Feb 03, 2020
Sell 52.1 K USD
Adams Daryl M
President and CEO
- 2853
18.2649 USD
4 years ago
Jan 02, 2020
Sell 228 K USD
Adams Daryl M
President and CEO
- 12500
18.2045 USD
4 years ago
Dec 02, 2019
Sell 220 K USD
Adams Daryl M
President and CEO
- 12500
17.5685 USD
5 years ago
Nov 01, 2019
Sell 228 K USD
Adams Daryl M
President and CEO
- 12500
18.2257 USD
5 years ago
Oct 01, 2019
Sell 171 K USD
Adams Daryl M
President and CEO
- 12500
13.6918 USD
5 years ago
Sep 03, 2019
Sell 148 K USD
Adams Daryl M
President and CEO
- 12500
11.8764 USD
5 years ago
Aug 01, 2019
Sell 165 K USD
Adams Daryl M
President and CEO
- 12500
13.2336 USD
5 years ago
Jul 01, 2019
Sell 137 K USD
Adams Daryl M
President and CEO
- 12500
10.9902 USD
5 years ago
Jun 18, 2019
Sell 119 K USD
Adams Daryl M
President and CEO
- 12500
9.5174 USD
5 years ago
May 06, 2019
Sell 119 K USD
Adams Daryl M
President and CEO
- 12500
9.5071 USD
5 years ago
Dec 07, 2018
Bought 17 K USD
Sharman James A.
Director
+ 2363
7.1959 USD
5 years ago
Dec 06, 2018
Bought 105 K USD
Clevinger Thomas R
Director
+ 14000
7.465 USD
5 years ago
Dec 06, 2018
Bought 119 K USD
Sharman James A.
Director
+ 15997
7.4192 USD
5 years ago
Dec 04, 2018
Bought 115 K USD
Sharman James A.
Director
+ 15000
7.6411 USD
6 years ago
Nov 05, 2018
Bought 146 K USD
ROMEO DOMINIC A
Director
+ 20000
7.3121 USD
6 years ago
Nov 02, 2018
Bought 183 K USD
Adams Daryl M
President and CEO
+ 25000
7.3144 USD
6 years ago
Nov 02, 2018
Bought 110 K USD
MASCARENAS PAUL ANTHONY
Director
+ 15000
7.3452 USD
6 years ago
Sep 13, 2018
Sell 63.1 K USD
GUILLAUME STEPHEN K
President, Specialty Chassis
- 4144
15.23 USD
6 years ago
Sep 14, 2018
Sell 62.4 K USD
GUILLAUME STEPHEN K
President, Specialty Chassis
- 4143
15.06 USD
6 years ago
Jun 12, 2018
Sell 20.2 K USD
KIVELL THOMAS
V.P., Sec. & Gen. Counsel
- 1250
16.15 USD
6 years ago
Jun 12, 2018
Sell 255 K USD
Sohm Frederick J.
Chief Financial Officer
- 16000
15.9681 USD
6 years ago
Jun 08, 2018
Sell 176 K USD
Schultz Thomas C.
Chief Administrative Officer
- 10800
16.2537 USD
6 years ago
Jun 11, 2018
Sell 122 K USD
Schultz Thomas C.
Chief Administrative Officer
- 7580
16.0417 USD
6 years ago
Jun 07, 2018
Sell 89.3 K USD
GUILLAUME STEPHEN K
President, Specialty Chassis
- 5419
16.476 USD
6 years ago
Jun 05, 2018
Sell 40.8 K USD
KIVELL THOMAS
V.P., Sec. & Gen. Counsel
- 2500
16.3 USD
6 years ago
Jun 06, 2018
Sell 21.1 K USD
KIVELL THOMAS
V.P., Sec. & Gen. Counsel
- 1250
16.85 USD
6 years ago
Jun 04, 2018
Sell 80.3 K USD
GUILLAUME STEPHEN K
President, Specialty Chassis
- 5000
16.0685 USD
6 years ago
May 29, 2018
Sell 40.4 K USD
KIVELL THOMAS
V.P., Sec. & Gen. Counsel
- 2500
16.1514 USD
6 years ago
May 24, 2018
Sell 80.5 K USD
KIVELL THOMAS
V.P., Sec. & Gen. Counsel
- 5000
16.103 USD
6 years ago
May 25, 2018
Sell 40.2 K USD
KIVELL THOMAS
V.P., Sec. & Gen. Counsel
- 2500
16.1 USD
6 years ago
Dec 15, 2017
Sell 41.2 K USD
GUILLAUME STEPHEN K
President, Specialty Chassis
- 2650
15.53 USD
6 years ago
Dec 15, 2017
Sell 327 K USD
SLAWSON JOHN W
Pres., Spartan Emer. Response
- 21191
15.4192 USD
7 years ago
May 10, 2017
Bought 46.3 K USD
CURRENT RICHARD R
Director
+ 5141
9 USD
7 years ago
May 08, 2017
Bought 25 K USD
Sohm Frederick J.
Chief Financial Officer
+ 2800
8.9289 USD
7 years ago
May 08, 2017
Bought 19.7 K USD
Sohm Frederick J.
Chief Financial Officer
+ 2200
8.95 USD
7 years ago
Mar 15, 2017
Bought 2.14 K USD
Sohm Frederick J.
Chief Financial Officer
+ 300
7.125 USD
7 years ago
Mar 15, 2017
Bought 9.29 K USD
Sohm Frederick J.
Chief Financial Officer
+ 1300
7.145 USD
7 years ago
Mar 15, 2017
Bought 9.91 K USD
Sohm Frederick J.
Chief Financial Officer
+ 1400
7.08 USD
7 years ago
Mar 10, 2017
Sell 53.2 K USD
Forbes John A
Pres., Delivery & Serv Vehicle
- 8000
6.65 USD
7 years ago
Mar 09, 2017
Bought 354 K USD
Adams Daryl M
President and CEO
+ 54000
6.5542 USD
7 years ago
Mar 09, 2017
Bought 19.4 K USD
Sohm Frederick J.
Chief Financial Officer
+ 3000
6.4825 USD
7 years ago
Mar 08, 2017
Bought 1.37 K USD
SLAWSON JOHN W
Pres., Spartan Emer. Response
+ 200
6.8295 USD
7 years ago
Mar 08, 2017
Bought 8.48 K USD
SLAWSON JOHN W
Pres., Spartan Emer. Response
+ 1250
6.7845 USD
8 years ago
Mar 18, 2016
Bought 19.5 K USD
GUILLAUME STEPHEN K
President, Specialty Chassis
+ 5000
3.9 USD
8 years ago
Mar 08, 2016
Bought 9.83 K USD
GUILLAUME STEPHEN K
President, Specialty Chassis
+ 2600
3.78 USD
8 years ago
Aug 10, 2016
Sell 35.5 K USD
KACZMAREK KENNETH
Director
- 3909
9.081 USD
8 years ago
Aug 09, 2016
Sell 192 K USD
KACZMAREK KENNETH
Director
- 21017
9.1227 USD
8 years ago
May 10, 2016
Sell 11.8 K USD
Harbour Ronald Edward
Director
- 2000
5.8903 USD
8 years ago
May 10, 2016
Bought 28.2 K USD
Sohm Frederick J.
Chief Financial Officer
+ 5000
5.65 USD
8 years ago
May 09, 2016
Bought 17.3 K USD
CURRENT RICHARD R
Director
+ 3083
5.6 USD
8 years ago
Mar 17, 2016
Bought 10.1 K USD
SLAWSON JOHN W
Pres., Spartan Emer. Response
+ 2600
3.8734 USD
8 years ago
Mar 10, 2016
Bought 9.75 K USD
SLAWSON JOHN W
Pres., Spartan Emer. Response
+ 2600
3.75 USD
8 years ago
Mar 04, 2016
Bought 1.85 K USD
SLAWSON JOHN W
Pres., Spartan Emer. Response
+ 500
3.7 USD
8 years ago
Mar 03, 2016
Bought 5.03 K USD
Sohm Frederick J.
Chief Financial Officer
+ 1300
3.87 USD
8 years ago
Mar 03, 2016
Bought 18.2 K USD
Sohm Frederick J.
Chief Financial Officer
+ 4700
3.88 USD
8 years ago
Mar 01, 2016
Bought 4.72 K USD
SLAWSON JOHN W
Pres., Spartan Emer. Response
+ 1300
3.6305 USD
8 years ago
Mar 01, 2016
Bought 51.2 K USD
Sohm Frederick J.
Chief Financial Officer
+ 14000
3.66 USD
8 years ago
Mar 01, 2016
Bought 36.4 K USD
DAUCH RICHARD F
Director
+ 10000
3.64 USD
9 years ago
Aug 12, 2015
Bought 59.8 K USD
Adams Daryl M
President and CEO
+ 12513
4.78 USD
9 years ago
Aug 11, 2015
Bought 18.4 K USD
Adams Daryl M
President and CEO
+ 3753
4.89 USD
9 years ago
Aug 10, 2015
Bought 70.1 K USD
Adams Daryl M
President and CEO
+ 14734
4.76 USD
9 years ago
May 13, 2015
Bought 25.1 K USD
CURRENT RICHARD R
Director
+ 5705
4.4052 USD
9 years ago
May 12, 2015
Bought 51.3 K USD
Adams Daryl M
President and CEO
+ 12000
4.2757 USD
9 years ago
May 12, 2015
Bought 42.8 K USD
Adams Daryl M
President and CEO
+ 10000
4.2766 USD
10 years ago
Sep 18, 2014
Bought 16 K USD
Forbes John A
President, Utilimaster Corp
+ 3000
5.35 USD
9 years ago
Mar 02, 2015
Bought 14.9 K USD
Forbes John A
President, Utilimaster Corp
+ 3000
4.97 USD
10 years ago
Sep 18, 2014
Bought 18.7 K USD
Forbes John A
President, Utilimaster Corp
+ 3500
5.35 USD
10 years ago
Sep 03, 2014
Bought 26.9 K USD
Adams Daryl M
Chief Operating Officer
+ 5000
5.3882 USD
10 years ago
Aug 12, 2014
Bought 47.3 K USD
SZTYKIEL JOHN E
President & CEO
+ 10000
4.7265 USD
10 years ago
Aug 12, 2014
Bought 47.3 K USD
SZTYKIEL JOHN E
President & CEO
+ 10000
4.7285 USD
10 years ago
Jun 13, 2014
Bought 15.4 K USD
Forbes John A
President, Utilimaster Corp
+ 3000
5.12 USD
10 years ago
Jun 13, 2014
Bought 10.2 K USD
Forbes John A
President, Utilimaster Corp
+ 2000
5.11 USD
10 years ago
Nov 26, 2013
Sell 97.9 K USD
SZTYKIEL JOHN E
President & CEO
- 15000
6.5292 USD
11 years ago
Nov 05, 2013
Sell 299 K USD
SZTYKIEL JOHN E
President & CEO
- 45000
6.6375 USD
11 years ago
Aug 28, 2013
Sell 181 K USD
SZTYKIEL JOHN E
President & CEO
- 30000
6.0365 USD
11 years ago
Dec 26, 2012
Sell 103 K USD
SZTYKIEL JOHN E
President & CEO
- 19770
5.2033 USD
11 years ago
Dec 26, 2012
Sell 61.3 K USD
SZTYKIEL JOHN E
President & CEO
- 11724
5.2293 USD
11 years ago
Dec 21, 2012
Sell 133 K USD
SZTYKIEL JOHN E
President & CEO
- 25228
5.2558 USD
11 years ago
Dec 24, 2012
Sell 42.3 K USD
SZTYKIEL JOHN E
President & CEO
- 8276
5.115 USD
7. News
The Shyft Group Announces Quarterly Dividend NOVI, Mich. , Oct. 30, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced that its Board of Directors authorized a cash dividend of $0.05 per share of common stock. prnewswire.com - 2 weeks ago
Has The Shyft Group (SHYF) Outpaced Other Auto-Tires-Trucks Stocks This Year? Here is how The Shyft Group (SHYF) and Tesla (TSLA) have performed compared to their sector so far this year. zacks.com - 2 weeks ago
The Shyft Group Expands Blue Arc™ EV Network Through Strategic Partnerships with Allegiance Trucks and Ascendance Truck Centers NOVI, Mich. , Oct. 28, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced strategic partnerships with Allegiance Trucks, LLC, and Ascendance Trucks, LLC, to establish dealer sales and service for the Blue Arc™ Class 4 all-electric truck. prnewswire.com - 2 weeks ago
The Shyft Group, Inc. (SHYF) Q3 2024 Earnings Call Transcript The Shyft Group, Inc. (NASDAQ:SHYF ) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Randy Wilson - Vice President, Investor Relations & Treasury John Dunn - President & Chief Executive Officer Jon Douyard - Chief Financial Officer Conference Call Participants Matt Koranda - ROTH Capital Mike Shlisky - D. A. Davidson Gregory Lewis - BTIG Operator Good morning, and welcome to The Shyft Group's Third Quarter 2024 Conference Call and Webcast. seekingalpha.com - 3 weeks ago
The Shyft Group (SHYF) Q3 Earnings Beat Estimates The Shyft Group (SHYF) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.19 per share a year ago. zacks.com - 3 weeks ago
The Shyft Group Reports Third Quarter 2024 Results Expanded gross margin to 20.4%, up 210 basis points year-over-year Blue Arc Class 4 vehicle now in production with first customer deliveries expected in the fourth quarter Maintained full year 2024 adjusted EBITDA outlook of $45 to $50 million; positioned for significant profit growth in 2025 NOVI, Mich. , Oct. 24, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly and upfit for the commercial, retail and service specialty vehicle markets, today reported operating results for the third quarter ending September 30, 2024. prnewswire.com - 3 weeks ago
Is The Shyft Group (SHYF) Stock Undervalued Right Now? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. zacks.com - 3 weeks ago
The Shyft Group Announces Third Quarter 2024 Financial Results Conference Call NOVI, Mich. , Oct. 10, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for ecommerce-driven parcel delivery, as well as the broader commercial, retail, and service specialty vehicle markets, will announce its third quarter 2024 financial results prior to the market opening on Thursday, October 24, 2024. prnewswire.com - 1 month ago
The Shyft Group Releases 2024 Sustainability Report, Highlighting Climate Risk Preparedness and Corporate Responsibility Commitment to environmental stewardship, social impact, and governance excellence continues to drive progress NOVI, Mich. , Sept. 17, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced the release of its 2024 Sustainability Report, Focusing Forward, Sustainably. prnewswire.com - 2 months ago
The Shyft Group to Participate in the D.A. Davidson 23rd Annual Diversified Industrials & Services Conference NOVI, Mich. , Sept. 12, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, announced today that its management team will be hosting investors at the  D.A. prnewswire.com - 2 months ago
The Shyft Group Secures ZEPCert and GHG Certifications for Blue Arc™ EV Truck Nationwide Access to Innovative EV Solutions and Significant Financial Incentives for Customers NOVI, Mich. , Sept. 5, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, has announced that its Blue Arc™ Class 4 EV truck has received both Zero-Emission Powertrain Certification (ZEPCert) and a Heavy-Duty Greenhouse Gas (GHG) Enhanced Electric Executive Order from the California Air Resources Board (CARB). prnewswire.com - 2 months ago
Builtmore Contract Manufacturing Powers Up Production of Isuzu's All-New NRR-EV Production Begins in Charlotte, Michigan, Demonstrates Builtmore's Agility in Adapting to the Evolving EV Market CHARLOTTE, Mich. , Sept. 3, 2024 /PRNewswire/ -- Builtmore Contract Manufacturing™, a go-to-market brand of The Shyft Group, Inc. (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly and upfit for the commercial, retail and service specialty vehicle markets, has commenced production of the Isuzu NRR-EV at its facility in Charlotte, Michigan. prnewswire.com - 2 months ago
8. Profile Summary

The Shyft Group, Inc. SHYF

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COUNTRY US
INDUSTRY Agricultural - Machinery
MARKET CAP $ 480 M
Dividend Yield 0.40%
Description 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.
Contact 41280 Bridge Street, Novi, MI, 48375 https://www.theshyftgroup.com
IPO Date June 19, 1984
Employees 3000
Officers Mr. Todd S. Fierro President of Emergency Response Mr. Scott Matthew Ocholik Vice President, Chief Accounting Officer & Corporate Controller Mr. Andrew Anderson Chief Information Officer Mr. Randy Wilson Vice President of Investor Relations & Group Treasurer Mr. Jacob Farmer President of Fleet Vehicles, Services & Specialty Vehicles Mr. Jonathan C. Douyard Chief Financial Officer Mr. John A. Dunn President, Chief Executive Officer & Director