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

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

The Shyft Group Trading Down 9.9 %

NASDAQ:SHYF opened at $11.17 on Friday. The stock has a fifty day moving average price of $11.86 and a two-hundred day moving average price of $12.68. The stock has a market capitalization of $385.25 million, a price-to-earnings ratio of -124.10 and a beta of 1.66. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.16 and a current ratio of 1.82. The Shyft Group has a 1 year low of $9.81 and a 1 year high of $17.56.

The Shyft Group (NASDAQ:SHYF) last posted its earnings results on Thursday, February 20th. The company reported $0.05 earnings per share 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%. As a group, sell-side analysts anticipate that The Shyft Group will post 0.68 earnings per share for the current fiscal year.

The Shyft Group Dividend Announcement

The company also recently announced 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. This represents a $0.20 annualized dividend and a yield of 1.79%. The ex-dividend date is Thursday, February 27th. The Shyft Group’s dividend payout ratio (DPR) is -222.20%.

Analysts Set New Price Targets

SHYF has been the topic of several research reports. Roth Mkm reissued a “buy” rating and issued a $16.00 target price on shares of The Shyft Group in a report on Tuesday, December 17th. DA Davidson raised The Shyft Group from a “neutral” rating to a “buy” rating and set a $15.00 target price on the stock in a report on Wednesday, January 15th.

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.