Shyft Group (DB:SP8) - Stock Price, News & Analysis

SP8 Stock Overview

The Shyft Group, Inc. engages in the manufacture and assembly of specialty vehicles for the commercial and recreational vehicle industries in the United States and internationally.

About the company

SP8 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	1/6
Financial Health	4/6
Dividends	3/6

Rewards

Trading at 26.2% below our estimate of its fair value

Earnings are forecast to grow 128.82% per year

Risk Analysis

Profit margins (0.01%) are lower than last year (4%)

The Shyft Group, Inc. Competitors

JOST Werke

XTRA:JST

€672.0m

Vossloh

XTRA:VOS

€831.7m

DEUTZ

XTRA:DEZ

€670.5m

Wacker Neuson

XTRA:WAC

€1.1b

Price History & Performance

Summary of all time highs, changes and price drops for Shyft Group
Historical stock prices
Current Share Price	US$11.30
52 Week High	US$25.00
52 Week Low	US$9.05
Beta	1.67
1 Month Change	8.65%
3 Month Change	11.88%
1 Year Change	-47.69%
3 Year Change	-62.33%
5 Year Change	34.00%
Change since IPO	173.61%

Recent updates

Shareholder Returns

	SP8	DE Machinery	DE Market
7D	9.7%	-1.9%	-1.0%
1Y	-47.7%	18.0%	2.0%

Return vs Industry: SP8 underperformed the German Machinery industry which returned 20.4% over the past year.

Return vs Market: SP8 underperformed the German Market which returned 2.5% over the past year.

Price Volatility

Is SP8's price volatile compared to industry and market?
SP8 volatility
SP8 Average Weekly Movement	7.2%
Machinery Industry Average Movement	4.2%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	10.3%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: SP8 has not had significant price volatility in the past 3 months.

Volatility Over Time: SP8's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1975	2,670	John Dunn	www.theshyftgroup.com

The Shyft Group, Inc. engages in the manufacture and assembly of specialty vehicles for the commercial 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 offers 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.

The Shyft Group, Inc. Fundamentals Summary

How do Shyft Group's earnings and revenue compare to its market cap?
SP8 fundamental statistics
Market cap	€395.61m
Earnings (TTM)	€108.68k
Revenue (TTM)	€767.87m

3,678x

P/E Ratio

0.5x

P/S Ratio

Is SP8 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SP8 income statement (TTM)
Revenue	US$826.65m
Cost of Revenue	US$685.15m
Gross Profit	US$141.50m
Other Expenses	US$141.38m
Earnings	US$117.00k

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.0034
Gross Margin	17.12%
Net Profit Margin	0.014%
Debt/Equity Ratio	34.0%

How did SP8 perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

5,905%

Payout Ratio

SP8 Stock Overview

Rewards

Risk Analysis

The Shyft Group, Inc. Competitors

XTRA:JST

€672.0m

XTRA:VOS

€831.7m

XTRA:DEZ

€670.5m

XTRA:WAC

€1.1b

Price History & Performance

Recent News & Updates

The Shyft Group, Inc. Provides Earnings Guidance for the Year 2024

First quarter 2024 earnings released: US$0.14 loss per share (vs US$0.049 profit in 1Q 2023)

Now 21% undervalued

The Shyft Group, Inc. to Report Q1, 2024 Results on Apr 25, 2024

The Shyft Group, Inc., Annual General Meeting, May 15, 2024

Now 22% undervalued after recent price drop

Recent updates

The Shyft Group, Inc. Provides Earnings Guidance for the Year 2024

First quarter 2024 earnings released: US$0.14 loss per share (vs US$0.049 profit in 1Q 2023)

Now 21% undervalued

The Shyft Group, Inc. to Report Q1, 2024 Results on Apr 25, 2024

The Shyft Group, Inc., Annual General Meeting, May 15, 2024

Now 22% undervalued after recent price drop

Full year 2023 earnings released: EPS: US$0.19 (vs US$1.04 in FY 2022)

The Shyft Group, Inc. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2024

Upcoming dividend of US$0.05 per share at 1.8% yield

Third quarter dividend of US$0.05 announced

The Shyft Group, Inc. to Report Q4, 2023 Results on Feb 22, 2024

The Shyft Group, Inc. Announces Quarterly Dividend, Payable on March 18, 2024

The Shyft Group, Inc. Appoints Jacob Farmer as President of Fleet Vehicles and Services

The Shyft Group, Inc. Announces Resignation of Thomas Clevinge to Board of Directors, Effective December 31, 2023

Upcoming dividend of US$0.05 per share at 1.8% yield

Chief Financial Officer recently bought €95k worth of stock

The Shyft Group, Inc. Authorizes Quarterly Cash Dividend, Payable on December 15, 2023

The Shyft Group, Inc. Revises Earnings Guidance for the Full Year 2023

The Shyft Group, Inc. Announces Management Changes

Third quarter 2023 earnings released: EPS: US$0.13 (vs US$0.49 in 3Q 2022)

Investor sentiment deteriorates as stock falls 18%

The Shyft Group, Inc. to Report Q3, 2023 Results on Oct 26, 2023

Independent Chairman of the Board recently bought €100k worth of stock

The Shyft Group Announces Quarterly Dividend, Payable on September 18, 2023

New major risk - Revenue and earnings growth

The Shyft Group, Inc. Provides Earnings Guidance for the Full Year 2023

Second quarter 2023 earnings released: EPS: US$0.13 (vs US$0.15 in 2Q 2022)

The Shyft Group, Inc. Appoints Jacob Farmer as President, Specialty Vehicles

The Shyft Group, Inc. Appoints Jacob Farmer as President, Specialty Vehicles

The Shyft Group, Inc. Announces Daryl Adams to Step Down as President

Upcoming dividend of US$0.05 per share at 0.8% yield

Spartan®? RV Chassis Showcases K3 525 Chassis and Industry-Leading Warranty for Newmar 2024 Model Year

First quarter 2023 earnings released: EPS: US$0.049 (vs US$0.11 loss in 1Q 2022)

Now 24% undervalued after recent price drop

High number of new directors

Now 20% undervalued

President of Specialty Vehicles recently sold €202k worth of stock

Full year 2022 earnings released: EPS: US$1.04 (vs US$1.95 in FY 2021)

Upcoming dividend of US$0.05 per share at 0.6% yield

Now 20% undervalued

The Shyft Group, Inc. Announces Quarterly Dividend, Payable on March 17, 2023

The Shyft Group, Inc. Appoints Scott M. Ocholik as Vice President, Chief Accounting Officer and Corporate Controller

The Shyft Group, Inc. to Report Q4, 2022 Results on Feb 23, 2023

The Shyft Group, Inc. Announces Red Diamond Aftermarket Solutions Introduces New Line of KONI® Premium Shocks At the 2023 Florida RV SuperShow

Investor sentiment improved over the past week

The Shyft Group, Inc. (NasdaqGS:SHYF) completed the acquisition of Certain Assets of Spruce Power.

The Shyft Group, Inc. (NasdaqGS:SHYF) agree to acquire Certain Assets of Spruce Power.

The Shyft Group Appoints John Dunn as President, Fleet Vehicles and Services

President of Specialty Vehicles recently sold €350k worth of stock

Upcoming dividend of US$0.05 per share

The Shyft Group, Inc. Announces Quarterly Dividend, Payable on December 15, 2022

Third quarter 2022 earnings released: EPS: US$0.49 (vs US$0.59 in 3Q 2021)

The Shyft Group, Inc. Provides Revenue Guidance for the Full Year 2022

The Shyft Group, Inc. to Report Q3, 2022 Results on Oct 27, 2022

The Shyft Group, Inc. Authorizes Cash Dividend for Common Stock, Payable on or Before September 16, 2022

The Shyft Group, Inc. Announces Resignation of Chad Heminover as President of Fleet Vehicles and Services, Effective August 26, 2022

Second quarter 2022 earnings released: EPS: US$0.15 (vs US$0.45 in 2Q 2021)

The Shyft Group, Inc. Provides Earnings Guidance for the Full Year 2022

The Shyft Group Debuts the Power Cube