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

The Shyft Group (NASDAQ:SHYF) issued its quarterly earnings results on Thursday. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.09), Zacks reports. The business had revenue of $201.43 million for the quarter, compared to analyst estimates of $211.90 million. The Shyft Group had a positive return on equity of 1.01% and a negative net margin of 0.48%. The Shyft Group updated its FY 2025 guidance to 0.690-0.920 EPS.

The Shyft Group Stock Performance

NASDAQ:SHYF traded down $0.42 during midday trading on Friday, hitting $11.98. The company’s stock had a trading volume of 83,420 shares, compared to its average volume of 190,148. 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 has a fifty-two week low of $9.81 and a fifty-two week high of $17.56. The firm’s 50 day moving average is $11.89 and its 200-day moving average is $12.70. The firm has a market cap of $413.05 million, a P/E ratio of -99.80 and a beta of 1.66.

The Shyft Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Thursday, February 27th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.67%. The ex-dividend date of this dividend is Thursday, February 27th. The Shyft Group’s payout ratio is -166.67%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Roth Mkm restated a “buy” rating and set a $16.00 price objective on shares of The Shyft Group in a report on Tuesday, December 17th. DA Davidson upgraded shares of The Shyft Group from a “neutral” rating to a “buy” rating and set a $15.00 price objective for the company in a research note on Wednesday, January 15th.

The Shyft Group Company Profile

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.