Shyft Group Stock Today
| SHYF Stock | USD 14.10 0.16 1.12% |
Performance3 of 100
| Odds Of DistressLess than 33
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Shyft is trading at 14.10 as of the 30th of November 2024. This is a 1.12 percent decrease since the beginning of the trading day. The stock's lowest day price was 14.03. Shyft has about a 33 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Shyft Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 26th of March 1990 | Category Industrials |
The Shyft Group, Inc. manufactures and assembles specialty vehicles for the commercial vehicle and recreational vehicle industries in the United States and internationally. The Shyft Group, Inc. was incorporated in 1975 and is headquartered in Novi, Michigan. The company has 34.49 M outstanding shares of which 1.3 M shares are at this time shorted by private and institutional investors with about 4.52 trading days to cover. More on Shyft Group
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Shyft Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO President | John Dunn | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Industrial Machinery & Supplies & Components, Farm & Heavy Construction Machinery, Industrials, NASDAQ Composite, Industrials, Machinery, Farm & Heavy Construction Machinery, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsShyft can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Shyft's financial leverage. It provides some insight into what part of Shyft's total assets is financed by creditors.
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Shyft Group (SHYF) is traded on NASDAQ Exchange in USA. It is located in 41280 Bridge Street, Novi, MI, United States, 48375 and employs 3,000 people. Shyft is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 491.89 M. Shyft Group conducts business under Machinery sector and is part of Industrials industry. The entity has 34.49 M outstanding shares of which 1.3 M shares are at this time shorted by private and institutional investors with about 4.52 trading days to cover.
Shyft Group currently holds about 2.86 M in cash with 56.24 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08.
Check Shyft Probability Of Bankruptcy
Ownership AllocationShyft Group shows a total of 34.49 Million outstanding shares. The majority of Shyft Group outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Shyft to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Shyft Group. Please pay attention to any change in the institutional holdings of Shyft Group as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Shyft Ownership Details
Shyft Stock Institutional Holders
| Instituion | Recorded On | 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 |
Shyft Historical Income Statement
Shyft Stock Against Markets
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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.