The Shyft Group (NASDAQ:SHYF) Updates FY 2025 Earnings Guidance

The Shyft Group (NASDAQ:SHYF) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 0.690-0.920 for the period, compared to the consensus EPS estimate of 0.700. The company issued revenue guidance of $870.0 million-$970.0 million, compared to the consensus revenue estimate of $919.6 million.

Wall Street Analyst Weigh In

Several research firms have weighed in on SHYF. Roth Mkm reissued a “buy” rating and set a $16.00 price target on shares of The Shyft Group in a research report on Tuesday, December 17th. DA Davidson raised The Shyft Group from a “neutral” rating to a “buy” rating and set a $15.00 price target for the company in a research report on Wednesday, January 15th.

The Shyft Group Stock Down 0.4 %

The Shyft Group stock traded down $0.05 during midday trading on Thursday, hitting $12.48. The stock had a trading volume of 192,988 shares, compared to its average volume of 190,265. The stock has a market cap of $430.26 million, a P/E ratio of -103.84 and a beta of 1.66. The business has a fifty day moving average price of $11.90 and a 200 day moving average price of $12.70. The Shyft Group has a 12 month low of $9.81 and a 12 month high of $17.56. The company has a current ratio of 1.82, a quick ratio of 1.16 and a debt-to-equity ratio of 0.44.

The Shyft Group (NASDAQ:SHYF) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.09). The Shyft Group had a positive return on equity of 1.01% and a negative net margin of 0.48%. Research analysts predict that The Shyft Group will post 0.29 EPS for the current year.

The Shyft Group Announces Dividend

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

About The Shyft Group

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.