Shyft Group (Nasdaq:SHYF) - Stock Price, News & Analysis

SHYF Stock Overview

The Shyft Group, Inc. manufactures and assembles specialty vehicles for the commercial vehicle and recreational vehicle industries in the United States and internationally.

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

Rewards

Trading at 15.3% below our estimate of its fair value

Earnings are forecast to grow 27.58% per year

Risk Analysis

High level of non-cash earnings

Profit margins (3.6%) are lower than last year (6.9%)

Significant insider selling over the past 3 months

My Notes

Capture your thoughts, links and company narrative

The Shyft Group, Inc. Competitors

Douglas Dynamics

NYSE:PLOW

US$710.9m

Wabash National

NYSE:WNC

US$1.1b

Greenbrier Companies

NYSE:GBX

US$1.0b

Miller Industries

NYSE:MLR

US$377.4m

Price History & Performance

Summary of all time highs, changes and price drops for Shyft Group
Historical stock prices
Current Share Price	US$22.52
52 Week High	US$40.39
52 Week Low	US$17.66
Beta	1.97
1 Month Change	-26.21%
3 Month Change	-8.97%
1 Year Change	-43.06%
3 Year Change	68.94%
5 Year Change	30.93%
Change since IPO	2,940.20%

Shyft Group (NASDAQ:SHYF) Has A Pretty Healthy Balance Sheet

Mar 12

Recent updates

Shyft Group (NASDAQ:SHYF) Has A Pretty Healthy Balance Sheet

Mar 12

The Shyft Group, Inc.'s (NASDAQ:SHYF) Intrinsic Value Is Potentially 32% Above Its Share Price

Feb 23

We Ran A Stock Scan For Earnings Growth And Shyft Group (NASDAQ:SHYF) Passed With Ease

Jul 19

We Like Shyft Group's (NASDAQ:SHYF) Returns And Here's How They're Trending

Jun 10

An Intrinsic Calculation For The Shyft Group, Inc. (NASDAQ:SHYF) Suggests It's 29% Undervalued

May 23

These 4 Measures Indicate That Shyft Group (NASDAQ:SHYF) Is Using Debt Safely

Apr 29

Should You Be Adding Shyft Group (NASDAQ:SHYF) To Your Watchlist Today?

Apr 01

Is It Too Late To Consider Buying The Shyft Group, Inc. (NASDAQ:SHYF)?

Feb 16

Is Shyft Group (NASDAQ:SHYF) A Risky Investment?

Jan 24

I Ran A Stock Scan For Earnings Growth And Shyft Group (NASDAQ:SHYF) Passed With Ease

Dec 25

Estimating The Intrinsic Value Of The Shyft Group, Inc. (NASDAQ:SHYF)

Nov 24

Returns On Capital Are A Standout For Shyft Group (NASDAQ:SHYF)

Oct 18

Is Shyft Group (NASDAQ:SHYF) A Risky Investment?

Sep 09

The Shyft Group: Strong Upside If Goals Are Achieved

Sep 02

Should You Be Adding Shyft Group (NASDAQ:SHYF) To Your Watchlist Today?

Aug 27

The Shyft Group, Inc.'s (NASDAQ:SHYF) Intrinsic Value Is Potentially 69% Above Its Share Price

Aug 10

What Does The Shyft Group, Inc.'s (NASDAQ:SHYF) Share Price Indicate?

Jul 19

Shareholder Returns

	SHYF	US Machinery	US Market
7D	-5.6%	0.05%	-0.3%
1Y	-43.1%	-2.2%	-14.8%

Return vs Industry: SHYF underperformed the US Machinery industry which returned -1.5% over the past year.

Return vs Market: SHYF underperformed the US Market which returned -14.2% over the past year.

Price Volatility

Is SHYF's price volatile compared to industry and market?
SHYF volatility
SHYF Average Weekly Movement	6.5%
Machinery Industry Average Movement	5.5%
Market Average Movement	6.5%
10% most volatile stocks in US Market	16.6%
10% least volatile stocks in US Market	3.0%

Stable Share Price: SHYF is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

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

About the Company

Founded	Employees	CEO	Website
1975	3,780	Daryl Adams	https://www.theshyftgroup.com

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.

The Shyft Group, Inc. Fundamentals Summary

How do Shyft Group's earnings and revenue compare to its market cap?
SHYF fundamental statistics
Market Cap	US$793.24m
Earnings (TTM)	US$36.56m
Revenue (TTM)	US$1.03b

21.7x

P/E Ratio

0.8x

P/S Ratio

Is SHYF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
SHYF income statement (TTM)
Revenue	US$1.03b
Cost of Revenue	US$846.73m
Gross Profit	US$180.43m
Other Expenses	US$143.88m
Earnings	US$36.56m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	1.04
Gross Margin	17.57%
Net Profit Margin	3.56%
Debt/Equity Ratio	28.1%

How did SHYF perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

19%

Payout Ratio

SHYF Stock Overview

Rewards

Risk Analysis

The Shyft Group, Inc. Competitors

NYSE:PLOW

US$710.9m

NYSE:WNC

US$1.1b

NYSE:GBX

US$1.0b

NYSE:MLR

US$377.4m

Price History & Performance

Recent News & Updates

Shyft Group (NASDAQ:SHYF) Has A Pretty Healthy Balance Sheet

President of Specialty Vehicles recently sold US$213k worth of stock

Consensus EPS estimates fall by 33%

Price target decreased by 10% to US$33.20

Full year 2022 earnings: EPS exceeds analyst expectations

Investor sentiment deteriorates as stock falls 18%

Recent updates

Shyft Group (NASDAQ:SHYF) Has A Pretty Healthy Balance Sheet

President of Specialty Vehicles recently sold US$213k worth of stock

Consensus EPS estimates fall by 33%

Price target decreased by 10% to US$33.20

Full year 2022 earnings: EPS exceeds analyst expectations

Investor sentiment deteriorates as stock falls 18%

The Shyft Group, Inc.'s (NASDAQ:SHYF) Intrinsic Value Is Potentially 32% Above Its Share Price

Is It Time To Consider Buying The Shyft Group, Inc. (NASDAQ:SHYF)?

Now 21% undervalued

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

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

Now 21% undervalued

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

Price target increased to US$37.40

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

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 US$368k worth of stock

Shyft Group's (NASDAQ:SHYF) Returns On Capital Are Heading Higher

Upcoming dividend of US$0.05 per share

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

Consensus EPS estimates increase by 13%

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

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

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

The Shyft Group: Growth Expectations May Drive The Price

Is The Shyft Group, Inc. (NASDAQ:SHYF) Trading At A 29% Discount?

Shyft secures initial pre-order for all-electric vans from Carolinas' dealer

Is Shyft Group (NASDAQ:SHYF) Using Too Much Debt?

Now 21% undervalued

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

Shyft declares $0.05 dividend

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

Now 20% undervalued

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

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Shyft Q2 2022 Earnings Preview

The Shyft Group Debuts the Power Cube

We Ran A Stock Scan For Earnings Growth And Shyft Group (NASDAQ:SHYF) Passed With Ease

The Shyft Group, Inc. to Report Q2, 2022 Results on Jul 28, 2022

Now 23% undervalued after recent price drop

The Shyft Group, Inc. Introduces Red Diamond™ Aftermarket Solutions Go-To-Market Brand, Offers Industry-Best Parts and Services for Rv Owners

The Shyft Group Appoints Randy Wilson as Vice President, Investor Relations and Group Treasurer

Investor sentiment deteriorated over the past week

We Like Shyft Group's (NASDAQ:SHYF) Returns And Here's How They're Trending

Now 22% undervalued after recent price drop

An Intrinsic Calculation For The Shyft Group, Inc. (NASDAQ:SHYF) Suggests It's 29% Undervalued

Spartan RV Chassis Introduces Premier Drive with All New Independent Front Suspension for Industry’S Best-In-Class Ride and Handling

Upcoming dividend of US$0.05 per share

Consensus EPS estimates fall by 45%

The Shyft Group, Inc. Authorizes Cash Dividend for Common Stock, Payable on or Before June 17, 2022

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

These 4 Measures Indicate That Shyft Group (NASDAQ:SHYF) Is Using Debt Safely

High number of new directors

The Shyft Group, Inc. to Report Q1, 2022 Results on Apr 28, 2022

Investor sentiment deteriorated over the past week

The Shyft Group, Inc., Annual General Meeting, May 18, 2022