CSIMarket
 
Shyft Group Inc   (SHYF)
Other Ticker:  
 
 
Price: $10.6600 $0.39 3.797%
Day's High: $10.72 Week Perf: -5.66 %
Day's Low: $ 10.20 30 Day Perf: -4.39 %
Volume (M): 934 52 Wk High: $ 27.36
Volume (M$): $ 9,952 52 Wk Avg: $15.33
Open: $10.23 52 Wk Low: $9.81



 Market Capitalization (Millions $) 364
 Shares Outstanding (Millions) 34
 Employees 1,800
 Revenues (TTM) (Millions $) 871
 Net Income (TTM) (Millions $) 6
 Cash Flow (TTM) (Millions $) -2
 Capital Exp. (TTM) (Millions $) 21

Shyft Group Inc
Shyft Group Inc, formerly known as Spartan Motors Inc, is a leading manufacturer of high-quality specialty vehicles, commercial trucks, and aftermarket parts for the commercial, government, and retail markets. The company is based in Charlotte, Michigan, and has been in business for over 45 years.

Shyft Group Inc operates through multiple divisions, including the Specialty Vehicles division which designs and manufactures purpose-built vehicles, like delivery trucks, for government, military, and commercial customers. The other division is the Fleet Vehicles and Services division, which provides customized commercial vehicles, including truck bodies, to meet specific customer requirements.

The company produces a wide range of products, including vehicle bodies, chassis, and parts, designed for delivery, utility, and service applications. Its product portfolio includes step vans, walk-in vans, buses, specialty chassis, Van Body, service trucks, and emergency vehicles. The company also offers a full range of upfitting services, which helps customers customize their vehicles to meet their specific requirements.

Shyft Group's customer base includes government agencies, utilities, delivery fleets, and retail customers are located across North America. The company has a strong reputation for building quality vehicles that are designed to handle tough working conditions while being safe and reliable for drivers and passengers.

Shyft Group has been recognized for its innovation and commitment to sustainability. In 2015, the company was awarded the AltWheels Fleet Leadership Award for its alternative fuel vehicle strategy. The company has also been recognized for its work in reducing emissions and improving fuel efficiency.

Overall, Shyft Group Inc is a trusted brand in the specialty vehicle industry, providing high-quality vehicles and parts to customers in a range of commercial markets. The company is committed to innovation, sustainability, and customer satisfaction, which has helped it build a strong reputation and a loyal customer base.


   Company Address: 41280 Bridge Street Novi 48375 MI
   Company Phone Number: 543-6400   Stock Exchange / Ticker: NASDAQ SHYF
   


Customers Net Income grew by SHYF's Customers Net Profit Margin grew to

9.69 %

8.35 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
F   -0.74%    
FSS   -3.14%    
GM   -0.75%    
MULN   -19.5%    
SOLO   -6.15%    
STLA   -1.83%    
• View Complete Report
   



Product Service News

The Shyft Group's Challenges Amidst Revenue Decrease and Market Share Struggles

Published Wed, Mar 6 2024 12:41 PM UTC

The Shyft Group, a leading provider of efficient and seamless solutions for mutual customers of Shyft and Ford, recently achieved the esteemed Ford Pro Upfitter Designation and Program. However, despite this recognition, the company faced a significant revenue decrease in the fourth quarter of 2023 compared to the same period the previous year. The downward trend differs mar...

Product Service News

The Shyft Group's Innovation Showcased at Work Truck Week 2024 Amidst Revenue Decrease

Published Thu, Feb 29 2024 12:31 PM UTC

The Shyft Group, a well-known manufacturer of work truck solutions, recently displayed its innovative and customer-centric products during Work Truck Week 2024. This event served as a platform for the company to highlight its diverse brand portfolio and emphasize their expertise in the industry. However, despite the exhibition of groundbreaking solutions, the company faced a...

Shyft Group Inc

Shyft Group Inc Takes a Hit in Fourth Quarter Earnings, Revenue Plummets by Over 33%

Shyft Group Inc, a renowned North American leader in specialty vehicle manufacturing and assembly, recently disclosed disappointing financial results for its most recent fiscal period. The company's revenue saw a significant decline of -33.098% to $202.05 million compared to the previous reporting period. Additionally, Shyft Group Inc recorded a shortfall per share of $-0.13, a decrease from $0.50 in the same time-frame a year prior, indicating a decrease in profitability.
The fourth quarter of 2023 was particularly challenging for Shyft Group Inc, with a net loss of $-4.417 million, a stark contrast to the net income of $17.841 million in the comparable reporting period a year before. This unexpected outcome raises concerns about the company's operational efficiency and financial stability.

Dividend

Shyft Group Rolls Out Quarterly Dividend Amid a Resilient Stock Outlook.

Published Thu, Feb 1 2024 12:31 PM UTC


NOVI, Mich., Feb. 01, 2024 ?? The North American specialty vehicle industry giant, The Shyft Group, Inc. (NASDAQ: SHYF), today unveiled that its Board of Directors has greenlit a cash dividend, strengthening its commitment to appreciating shareholders' faith.
Shyft Group, which specializes in the manufacturing, assembly, and upfit for the commercial, retail, and ser...

Dividend

The Shyft Group Announces Quarterly Dividend and Achieves New High in Dividend Pay Out Ratio

Published Tue, Oct 31 2023 11:31 AM UTC


NOVI, Mich., Oct. 31, 2023 - The Shyft Group, Inc. (NASDAQ: SHYF), a prominent leader in specialty vehicle manufacturing and assembly for the commercial, retail, and service specialty vehicle markets, has recently made an exciting announcement. The company's Board of Directors has authorized a cash dividend of $0.05 per share of common stock. This news reflects Shyft's ...






 

Shyft Group Inc's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Shyft Group Inc does not provide revenue guidance.

Earnings Outlook
Shyft Group Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com