The Shyft Group (SHYF) Expected to Announce Earnings on Thursday

The Shyft Group (NASDAQ:SHYF) is expected to be posting its quarterly earnings results before the market opens on Thursday, April 24th. Analysts expect The Shyft Group to post earnings of ($0.10) per share and revenue of $198.97 million for the quarter. The Shyft Group has set its FY 2025 guidance at 0.690-0.920 EPS.

The Shyft Group (NASDAQ:SHYF) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.09). The business had revenue of $201.43 million for the quarter, compared to the consensus estimate of $211.90 million. The Shyft Group had a negative net margin of 0.36% and a positive return on equity of 2.75%. On average, analysts expect The Shyft Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

The Shyft Group Stock Down 2.4 %

Shares of NASDAQ SHYF opened at $7.35 on Thursday. The company has a current ratio of 1.82, a quick ratio of 1.16 and a debt-to-equity ratio of 0.44. The Shyft Group has a 12-month low of $7.05 and a 12-month high of $17.56. The firm’s 50-day moving average price is $9.50 and its 200-day moving average price is $11.49. The stock has a market capitalization of $256.75 million, a price-to-earnings ratio of -81.66 and a beta of 1.83.

The Shyft Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Thursday, February 27th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, February 27th. This represents a $0.20 dividend on an annualized basis and a yield of 2.72%. The Shyft Group’s dividend payout ratio (DPR) is presently -222.22%.

Wall Street Analysts Forecast Growth

Separately, DA Davidson upgraded The Shyft Group from a “neutral” rating to a “buy” rating and set a $15.00 price target on the stock in a report 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.