The Shyft Group (NASDAQ:SHYF) Releases Earnings Results, Misses Estimates By $0.09 EPS

Posted by Chris Copeland on Feb 20th, 2025

The Shyft Group (NASDAQ:SHYF – Get Free Report) issued its earnings results on Thursday. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.09), Zacks reports. The Shyft Group had a negative net margin of 0.48% and a positive return on equity of 1.01%. The Shyft Group updated its FY 2025 guidance to 0.690-0.920 EPS.

The Shyft Group Stock Down 0.4 %

Shares of SHYF traded down $0.05 during trading hours on Thursday, hitting $12.48. 192,988 shares of the company were exchanged, compared to its average volume of 190,265. The company has a market cap of $430.26 million, a PE ratio of -103.84 and a beta of 1.66. The firm’s 50 day moving average is $11.90 and its 200-day moving average is $12.70. The Shyft Group has a 52 week low of $9.81 and a 52 week high of $17.56. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.16 and a current ratio of 1.82.

The Shyft Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Thursday, February 27th will be paid a dividend of $0.05 per share. The ex-dividend date is Thursday, February 27th. This represents a $0.20 annualized dividend and a dividend yield of 1.60%. The Shyft Group’s dividend payout ratio (DPR) is presently -166.67%.

Analysts Set New Price Targets

A number of research analysts have commented on SHYF shares. Roth Mkm restated a “buy” rating and issued a $16.00 target price on shares of The Shyft Group in a research note on Tuesday, December 17th. DA Davidson upgraded The Shyft Group from a “neutral” rating to a “buy” rating and set a $15.00 target price on the stock in a research note on Wednesday, January 15th.

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About The Shyft Group

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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.