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

The Shyft Group (NASDAQ:SHYF) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.690-0.920 for the period, compared to the consensus 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.

Analyst Ratings Changes

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

The Shyft Group Trading Down 4.8 %

Shares of The Shyft Group stock traded down $0.60 on Friday, hitting $11.80. The stock had a trading volume of 110,508 shares, compared to its average volume of 190,834. The company has a quick ratio of 1.16, a current ratio of 1.82 and a debt-to-equity ratio of 0.44. The Shyft Group has a one year low of $9.81 and a one year high of $17.56. The stock has a market cap of $406.98 million, a price-to-earnings ratio of -98.38 and a beta of 1.66. The stock’s 50-day simple moving average is $11.89 and its two-hundred day simple moving average is $12.70.

The Shyft Group (NASDAQ:SHYF) last issued its earnings results on Thursday, February 20th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate 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%. The firm had revenue of $201.43 million during the quarter, compared to the consensus estimate of $211.90 million. As a group, sell-side analysts predict that The Shyft Group will post 0.29 EPS for the current year.

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 given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.69%. The ex-dividend date is Thursday, February 27th. The Shyft Group’s dividend payout ratio 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.