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

The Shyft Group (NASDAQ:SHYF) posted its quarterly earnings results on Thursday. The company reported $0.05 earnings per share 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 Price Performance

SHYF stock traded down $0.07 during midday trading on Thursday, reaching $12.46. The company had a trading volume of 187,261 shares, compared to its average volume of 190,145. The company has a market capitalization of $429.57 million, a price-to-earnings ratio of -103.62 and a beta of 1.66. The stock has a 50 day moving average price of $11.90 and a 200-day moving average price of $12.70. The Shyft Group has a 1-year low of $9.81 and a 1-year high of $17.56. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.82 and a quick ratio of 1.16.

The Shyft Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Thursday, February 27th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date is Thursday, February 27th. The Shyft Group’s dividend payout ratio (DPR) is presently -166.67%.

Analysts Set New Price Targets

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

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.