In last trading session, Shyft Group Inc (NASDAQ:SHYF) saw 0.5 million shares changing hands with its beta currently measuring 1.88. Company’s recent per share price level of $8.60 trading at -$0.61 or -6.62% at ring of the bell on the day assigns it a market valuation of $300.42M. That closing price of SHYF’s stock is at a discount of -104.19% from its 52-week high price of $17.56 and is indicating a premium of 20.7% from its 52-week low price of $6.82. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.35 million shares which gives us an average trading volume of 273.43K if we extend that period to 3-months.
For Shyft Group Inc (SHYF), analysts’ consensus is at an average recommendation of Strong Buy while assigning it a mean rating of 1.67. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.11 in the current quarter.
Shyft Group Inc (NASDAQ:SHYF) trade information
Upright in the red during last session for losing -6.62%, in the last five days SHYF remained trading in the green while hitting it’s week-highest on Thursday, 04/24/25 when the stock touched $8.60 price level, adding 7.82% to its value on the day. Shyft Group Inc’s shares saw a change of -26.75% in year-to-date performance and have moved 16.37% in past 5-day. Shyft Group Inc (NASDAQ:SHYF) showed a performance of -6.22% in past 30-days. Number of shares sold short was 0.45 million shares which calculate 1.77 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 35 to the stock, which implies a rise of 75.43% to its current value. Analysts have been projecting 32 as a low price target for the stock while placing it at a high target of 38. It follows that stock’s current price would drop -272.09% in reaching the projected high whereas dropping to the targeted low would mean a loss of -272.09% for stock’s current value.
Shyft Group Inc (SHYF) estimates and forecasts
This year revenue growth is estimated to rise 12.29% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 206.52M for the same. And 3 analysts are in estimates of company making revenue of 230.88M in the next quarter. Company posted 192.78M and 194.07M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 25.58% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 78.03% while estimates for its earnings growth in next 5 years are of 43.91%.
SHYF Dividends
Shyft Group Inc is more likely to be releasing its next quarterly report on 2025-Apr-23 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 2.33%, the share has a forward dividend of 0.20 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 0.92%.
Shyft Group Inc (NASDAQ:SHYF)’s Major holders
Insiders are in possession of 8.24% of company’s total shares while institution are holding 85.48 percent of that, with stock having share float percentage of 93.16%. Investors also watch the number of corporate investors in a company very closely, which is 85.48% institutions for Shyft Group Inc that are currently holding shares of the company. PZENA INVESTMENT MANAGEMENT LLC is the top institutional holder at SHYF for having 3.24 million shares of worth $38.47 million. And as of 2024-06-30, it was holding 9.4292 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 2.73 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.9497 of outstanding shares, having a total worth of $32.44 million.
On the other hand, T. Rowe Price Small-Cap Value Fund, Inc. and -Price (T.Rowe) U.S. Small-Cap Value Equity Trust are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 1.87 shares of worth $16.08 million or 5.35% of the total outstanding shares. The later fund manager was in possession of 1.02 shares on Dec 31, 2024 , making its stake of worth around $8.77 million in the company or a holder of 2.92% of company’s stock.