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.

Wall Street Analysts Forecast Growth

SHYF has been the subject of a number of research reports. DA Davidson upgraded The Shyft Group from a “neutral” rating to a “buy” rating and set a $15.00 price objective for the company in a report on Wednesday, January 15th. Roth Mkm reaffirmed a “buy” rating and set a $16.00 price target on shares of The Shyft Group in a research note on Tuesday, December 17th.

The Shyft Group Price Performance

Shares of NASDAQ:SHYF opened at $12.52 on Thursday. The company’s 50-day moving average price is $11.90 and its two-hundred day moving average price is $12.70. The Shyft Group has a one year low of $9.81 and a one 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 announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Thursday, February 27th will be issued a dividend of $0.05 per share. The ex-dividend date is Thursday, February 27th. This represents a $0.20 annualized dividend and a yield of 1.60%. The Shyft Group’s payout ratio is presently -166.67%.

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.