DA Davidson Weighs in on The Shyft Group Q1 Earnings

The Shyft Group, Inc. (NASDAQ:SHYF) – Investment analysts at DA Davidson issued their Q1 2025 earnings estimates for shares of The Shyft Group in a research report issued on Tuesday, February 25th. DA Davidson analyst M. Shlisky anticipates that the company will post earnings per share of ($0.13) for the quarter. DA Davidson has a “Buy” rating and a $15.00 price target on the stock. The consensus estimate for The Shyft Group’s current full-year earnings is $0.68 per share. DA Davidson also issued estimates for The Shyft Group’s FY2026 earnings at $1.03 EPS.

Separately, 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.

The Shyft Group Stock Down 2.7 %

The Shyft Group stock opened at $10.16 on Thursday. The stock has a market cap of $354.91 million, a P/E ratio of -112.88 and a beta of 1.66. 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 twelve month low of $9.81 and a twelve month high of $17.56. The company’s 50-day moving average price is $11.69 and its two-hundred day moving average price is $12.59.

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 firm had revenue of $201.43 million during the quarter, compared to analyst estimates of $211.90 million. The Shyft Group had a negative net margin of 0.36% and a positive return on equity of 2.75%.

The Shyft Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Thursday, February 27th will be issued a $0.05 dividend. The ex-dividend date is Thursday, February 27th. This represents a $0.20 annualized dividend and a yield of 1.97%. The Shyft Group’s dividend payout ratio is currently -222.22%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in SHYF. T. Rowe Price Investment Management Inc. increased its holdings in shares of The Shyft Group by 60.1% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 3,240,017 shares of the company’s stock worth $38,038,000 after purchasing an additional 1,216,701 shares during the period. Ausdal Financial Partners Inc. bought a new position in shares of The Shyft Group during the fourth quarter worth approximately $8,789,000. Manatuck Hill Partners LLC increased its holdings in shares of The Shyft Group by 183.3% during the fourth quarter. Manatuck Hill Partners LLC now owns 425,000 shares of the company’s stock worth $4,990,000 after purchasing an additional 275,000 shares during the period. Royce & Associates LP increased its holdings in shares of The Shyft Group by 21.4% during the fourth quarter. Royce & Associates LP now owns 1,156,776 shares of the company’s stock worth $13,581,000 after purchasing an additional 203,758 shares during the period. Finally, Nuveen Asset Management LLC increased its holdings in shares of The Shyft Group by 30.3% during the fourth quarter. Nuveen Asset Management LLC now owns 496,516 shares of the company’s stock worth $5,829,000 after purchasing an additional 115,430 shares during the period. 85.84% of the stock is owned by institutional investors.

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.