Shyft Net Worth
Shyft Net Worth Breakdown | SHYF |
Shyft Net Worth Analysis
Shyft's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Shyft's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Shyft's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Shyft's net worth analysis. One common approach is to calculate Shyft's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Shyft's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Shyft's net worth. This approach calculates the present value of Shyft's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Shyft's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Shyft's net worth. This involves comparing Shyft's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Shyft's net worth relative to its peers.
Enterprise Value |
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To determine if Shyft is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Shyft's net worth research are outlined below:
| Shyft Group has a strong financial position based on the latest SEC filings | |
| Over 89.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Gentherm Names Jonathan Douyard as Executive Vice President,Chi |
Shyft Quarterly Good Will |
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Shyft uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Shyft Group. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Shyft's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Shyft Target Price Consensus
Shyft target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Shyft's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 4 | Buy |
Most Shyft analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Shyft stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Shyft Group, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationShyft Target Price Projection
Shyft's current and average target prices are 14.26 and 18.00, respectively. The current price of Shyft is the price at which Shyft Group is currently trading. On the other hand, Shyft's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On Shyft Target Price
Know Shyft's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Shyft is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Shyft Group backward and forwards among themselves. Shyft's institutional investor refers to the entity that pools money to purchase Shyft's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | State Street Corp | 2024-06-30 | 701.1 K | Wells Fargo & Co | 2024-06-30 | 586.5 K | Schwerin Boyle Capital Management Inc | 2024-09-30 | 582.7 K | Jacobs Levy Equity Management, Inc. | 2024-09-30 | 564.2 K | Orchard Capital Management, Llc | 2024-06-30 | 548.6 K | Arnhold & S. Bleichroeder Advisers, Llc | 2024-09-30 | 499.5 K | Federated Hermes Inc | 2024-09-30 | 472.3 K | Charles Schwab Investment Management Inc | 2024-09-30 | 444.8 K | Centaurus Financial Inc | 2024-09-30 | 433.1 K | Pzena Investment Management, Llc | 2024-09-30 | 3.1 M | Blackrock Inc | 2024-06-30 | 2.7 M |
Follow Shyft's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 492.93 M.Market Cap |
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Project Shyft's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.02 | 0.02 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.03 | 0.02 |
When accessing Shyft's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Shyft's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Shyft's profitability and make more informed investment decisions.
Evaluate Shyft's management efficiency
The current Return On Tangible Assets is estimated to decrease to 0.01. The current Return On Capital Employed is estimated to decrease to 0.02. At this time, Shyft's Other Current Assets are most likely to increase significantly in the upcoming years. The Shyft's current Total Current Assets is estimated to increase to about 301.3 M, while Net Tangible Assets are projected to decrease to roughly 153.4 M. Shyft's management efficiency ratios could be used to measure how well Shyft manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 7.26 | 7.63 | |
| Tangible Book Value Per Share | 4.55 | 4.78 | |
| Enterprise Value Over EBITDA | 22.61 | 23.74 | |
| Price Book Value Ratio | 1.68 | 2.74 | |
| Enterprise Value Multiple | 22.61 | 23.74 | |
| Price Fair Value | 1.68 | 2.74 | |
| Enterprise Value | 673.8 M | 707.4 M |
The strategic vision of Shyft Group management plays a critical role in its financial performance. By evaluating this vision, we provide insights into the stock's growth potential.
Enterprise Value Revenue 0.8332 | Revenue 787.1 M | Quarterly Revenue Growth (0.04) | Revenue Per Share 22.898 | Return On Equity (0.01) |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Shyft insiders, such as employees or executives, is commonly permitted as long as it does not rely on Shyft's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Shyft insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Shyft Corporate Filings
F4 | 25th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 21st of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 15th of November 2024 Other Reports | ViewVerify | |
13A | 14th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
Shyft Earnings per Share Projection vs Actual
Shyft Corporate Management
| Scott Ocholik | Chief VP | Profile | |
| Samara Hamilton | VP Communications | Profile | |
| Juris Pagrabs | Director Treasurer | Profile | |
| Joshua Sherbin | Chief Secretary | Profile | |
| Thomas Kivell | Consultant | Profile | |
| Carrie Wright | Chief Officer | Profile | |
| Todd Heavin | Chief Officer | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shyft Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shyft. If investors know Shyft will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shyft listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.31) | Dividend Share 0.2 | Earnings Share (0.10) | Revenue Per Share 22.898 | Quarterly Revenue Growth (0.04) |
The market value of Shyft Group is measured differently than its book value, which is the value of Shyft that is recorded on the company's balance sheet. Investors also form their own opinion of Shyft's value that differs from its market value or its book value, called intrinsic value, which is Shyft's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shyft's market value can be influenced by many factors that don't directly affect Shyft's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shyft's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shyft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shyft's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.