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Shyft Group Future Growth

Future criteria checks 4/6

Shyft Group is forecast to grow earnings and revenue by 108.2% and 10.7% per annum respectively while EPS is expected to grow by 108.6% per annum.

Key information

108.2%

Earnings growth rate

108.60%

EPS growth rate

Machinery earnings growth	15.7%
Revenue growth rate	10.7%
Future return on equity	n/a
Analyst coverage	Low
Last updated	25 Apr 2025

Recent future growth updates

Recent updates

Analysts Are More Bearish On The Shyft Group, Inc. (NASDAQ:SHYF) Than They Used To Be

Oct 27

We Think Shyft Group (NASDAQ:SHYF) Can Stay On Top Of Its Debt

Oct 20

Shyft Group (NASDAQ:SHYF) Has Affirmed Its Dividend Of $0.05

Aug 08

The Shyft Group, Inc. (NASDAQ:SHYF) Analysts Are Reducing Their Forecasts For This Year

Aug 01

Shyft Group (NASDAQ:SHYF) Seems To Use Debt Quite Sensibly

Jul 10

Earnings and Revenue Growth Forecasts

NasdaqGS:SHYF - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	960	32	N/A	49	3
12/31/2025	883	17	N/A	43	3
3/31/2025	793	0	17	29	N/A
12/31/2024	786	-3	16	30	N/A
9/30/2024	787	-4	13	29	N/A
6/30/2024	794	-2	-1	18	N/A
3/31/2024	827	0	24	46	N/A
12/31/2023	872	6	36	56	N/A
9/30/2023	972	29	48	70	N/A
6/30/2023	1,057	42	32	53	N/A
3/31/2023	1,064	42	-5	15	N/A
12/31/2022	1,027	37	-39	-19	N/A
9/30/2022	1,002	39	-32	-13	N/A
6/30/2022	989	43	13	34	N/A
3/31/2022	1,001	53	25	48	N/A
12/31/2021	992	69	51	74	N/A
9/30/2021	886	57	61	86	N/A
6/30/2021	817	55	58	79	N/A
3/31/2021	697	38	62	80	N/A
12/31/2020	676	38	50	64	N/A
9/30/2020	684	44	38	49	N/A
6/30/2020	706	38	7	20	N/A
3/31/2020	761	44	9	20	N/A
12/31/2019	757	37	24	34	N/A
9/30/2019	564	27	11	20	N/A
6/30/2019	565	20	5	13	N/A
3/31/2019	570	19	-4	5	N/A
12/31/2018	571	18	N/A	8	N/A
9/30/2018	764	16	N/A	14	N/A
6/30/2018	727	24	N/A	19	N/A
3/31/2018	713	21	N/A	21	N/A
12/31/2017	404	17	N/A	22	N/A
9/30/2017	672	14	N/A	5	N/A
6/30/2017	631	4	N/A	7	N/A
3/31/2017	624	7	N/A	19	N/A
12/31/2016	591	9	N/A	23	N/A
9/30/2016	586	-2	N/A	35	N/A
6/30/2016	573	-10	N/A	33	N/A
3/31/2016	556	-14	N/A	34	N/A
12/31/2015	550	-17	N/A	13	N/A
9/30/2015	529	-8	N/A	1	N/A
6/30/2015	536	1	N/A	-1	N/A
3/31/2015	507	0	N/A	-6	N/A
12/31/2014	507	1	N/A	7	N/A
9/30/2014	514	-2	N/A	17	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SHYF's forecast earnings growth (108.2% per year) is above the savings rate (2.9%).

Earnings vs Market: SHYF's earnings (108.2% per year) are forecast to grow faster than the US market (14.6% per year).

High Growth Earnings: SHYF's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SHYF's revenue (10.7% per year) is forecast to grow faster than the US market (8.8% per year).

High Growth Revenue: SHYF's revenue (10.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if SHYF's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/06/30 07:31
End of Day Share Price	2025/06/30 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

The Shyft Group, Inc. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Walter Liptak	Barrington Research Associates, Inc.
Michael Shlisky	Colliers Securities
Michael Shlisky	D.A. Davidson & Co.

This company has been acquired

Shyft Group Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

The Shyft Group, Inc. Provides Earnings Guidance for the Full-Year 2025

The Shyft Group, Inc. Provides Earnings Guidance for the Full-Year 2025

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

Price target increased by 7.7% to US$14.00

Consensus EPS estimates fall by 18%

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

Recent updates

Last-Mile Delivery And Fleet Electrification Will Shape Future Markets

First quarter dividend of US$0.05 announced

The Shyft Group Announces Quarterly Dividend, Payable on June 16, 2025

First quarter 2025 earnings: EPS and revenues exceed analyst expectations

The Shyft Group: After Roaring Higher, Shares Can Achieve More Upside

New major risk - Revenue and earnings growth

Now 26% overvalued

The Shyft Group, Inc. Provides Earnings Guidance for the Full-Year 2025

The Shyft Group, Inc. to Report Q1, 2025 Results on Apr 24, 2025

The Shyft Group, Inc., Annual General Meeting, May 14, 2025

Full year 2024 earnings: EPS and revenues miss analyst expectations

The Shyft Group, Inc. Provides Earnings Guidance for the Full-Year 2025

The Shyft Group Announces Quarterly Cash Dividend, Payable on March 28, 2025

The Shyft Group, Inc. to Report Q4, 2024 Results on Feb 20, 2025

The Shyft Group, Inc. Announces the Appointment of Scott Ocholik as Interim Chief Financial Officer, Effective January 1, 2025

Aebi Schmidt Holding AG entered into an agreement to acquire The Shyft Group, Inc. (NasdaqGS:SHYF) in a reverse merger transaction

The Shyft Group, Inc. Announces Resignation of Jon Douyard as Chief Financial Officer, effective December 31, 2024

Shyft Group (NASDAQ:SHYF) Will Pay A Dividend Of $0.05

Third quarter dividend of US$0.05 announced

The Shyft Group, Inc. Announces Quarterly Cash Dividend, Payable on December 16, 2024

New major risk - Financial position

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

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

The Shyft Group, Inc. to Report Q3, 2024 Results on Oct 24, 2024

Builtmore Contract Manufacturing Powers Up Production of Isuzu's All-New NRR-EV

Second quarter dividend of US$0.05 announced

The Shyft Group Announces Quarterly Dividend, Payable on September 16, 2024

New minor risk - Share price stability

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target increased by 7.7% to US$14.00

The Shyft Group, Inc. (NasdaqGS:SHYF) acquired Independent Truck Upfitters, Inc for $54.2 million.

The Shyft Group, Inc. to Report Q2, 2024 Results on Jul 25, 2024

The Shyft Group, Inc.(NasdaqGS:SHYF) dropped from Russell 2000 Growth-Defensive Index

Shyft Group (NASDAQ:SHYF) Has Affirmed Its Dividend Of $0.05

First quarter dividend of US$0.05 announced

Shyft Group (NASDAQ:SHYF) Could Be Struggling To Allocate Capital

Consensus EPS estimates fall by 18%

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

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Now 20% undervalued after recent price drop

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

Why The Shyft Group, Inc. (NASDAQ:SHYF) Could Be Worth Watching

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

Investors Aren't Buying The Shyft Group, Inc.'s (NASDAQ:SHYF) Revenues

Artko Capital - Shyft Group: A Shiny Diamond That Has Multiples Of Upside

Now 21% undervalued after recent price drop

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

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

Consensus EPS estimates fall by 13%

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

Shyft Group (NASDAQ:SHYF) Will Pay A Dividend Of $0.05

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: Great Long-Term Upside Potential, But Short-Term Risks Remain

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

Shyft Group (NASDAQ:SHYF) Is Paying Out A Dividend Of $0.05

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

Chief Financial Officer recently bought US$101k worth of stock

Consensus EPS estimates fall by 28%

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

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Analysts Are More Bearish On The Shyft Group, Inc. (NASDAQ:SHYF) Than They Used To Be

The Shyft Group, Inc. Announces Management Changes

Consensus EPS estimates fall by 28%

Investor sentiment deteriorates as stock falls 17%