The Shyft Group - SHYF Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $14.00
  • Forecasted Upside: 36.32%
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 0 Buy Ratings
  • 1 Strong Buy Ratings
$10.27
▼ -0.14 (-1.34%)

This chart shows the closing price for SHYF by one month, three months, or twelve months.

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Analyst Price Target for SHYF

Analyst Price Target is $14.00
▲ +36.32% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for The Shyft Group in the last 3 months. The average price target is $14.00, with a high forecast of $18.00 and a low forecast of $12.00. The average price target represents a 36.32% upside from the last price of $10.27.

This chart shows the closing price for SHYF for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 4 polled investment analysts is to moderate buy stock in The Shyft Group. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/27/2022
  • 1 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/25/2023
  • 1 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/25/2023
  • 1 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/24/2023
  • 1 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/22/2023
  • 1 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/20/2024
  • 1 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/20/2024
  • 1 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/19/2024

Latest Recommendations

  • 1 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/27/2024DA DavidsonLower TargetNeutral ➝ Neutral$13.00 ➝ $12.00Low
10/27/2023Craig HallumLower TargetHold ➝ Hold$16.00 ➝ $12.00Low
10/27/2023BTIG ResearchDowngradeBuy ➝ NeutralLow
7/28/2023Raymond JamesLower Target$26.00 ➝ $18.00Low
7/28/2023DA DavidsonDowngradeBuy ➝ Neutral$32.00 ➝ $16.00Low
7/27/2023Craig HallumDowngradeBuy ➝ Hold$35.00 ➝ $16.00Low
7/20/2023Raymond JamesLower TargetStrong-Buy$30.00 ➝ $26.00Low
2/24/2023Raymond JamesLower TargetStrong-Buy$40.00 ➝ $30.00Low
2/24/2023DA DavidsonLower TargetBuy$38.00 ➝ $32.00Low
1/19/2023Raymond JamesBoost TargetStrong-Buy$28.00 ➝ $40.00Low
1/19/2023BTIG ResearchInitiated CoverageBuy$40.00Low
7/13/2022DA DavidsonUpgradeNeutral ➝ Buy$32.00 ➝ $38.00Low
4/26/2022Raymond JamesLower TargetStrong-Buy$57.00 ➝ $50.00Medium
4/6/2022DA DavidsonDowngradeBuy ➝ NeutralHigh
2/25/2022Raymond JamesUpgradeOutperform ➝ Strong-Buy$57.00High
11/5/2021DA DavidsonBoost TargetBuy$50.00 ➝ $55.00High
8/10/2021DA DavidsonInitiated CoverageBuy$50.00High
8/9/2021Raymond JamesBoost TargetOutperform$45.00 ➝ $46.00Medium
7/1/2021Colliers SecuritiesReiterated RatingBuyHigh
6/9/2021Raymond JamesBoost TargetOutperform$44.00 ➝ $45.00Medium
5/26/2021Raymond JamesBoost TargetOutperform$42.00 ➝ $44.00Medium
3/12/2021Raymond JamesBoost TargetOutperform$34.00 ➝ $42.00High
1/21/2021Raymond JamesBoost TargetOutperform$30.00 ➝ $34.00Medium
1/5/2021Colliers SecuritiesBoost Target$25.00 ➝ $35.00N/A
12/16/2020Raymond JamesInitiated CoverageOutperform$30.00Low
(Data available from 4/19/2019 forward)

News Sentiment Rating

0.62 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 4 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/22/2023
  • 2 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/22/2023
  • 3 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
11/21/2023
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/21/2023
  • 1 very positive mentions
  • 12 positive mentions
  • 4 negative mentions
  • 2 very negative mentions
1/20/2024
  • 6 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/19/2024
  • 11 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/20/2024
  • 2 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
4/19/2024

Current Sentiment

  • 2 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
The Shyft Group logo
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. This segment markets its commercial vehicles, including walk-in vans, cutaway vans, and truck bodies under the Aeromaster, Velocity, Trademaster, and Utilivan brands; and vocation-specific equipment upfit services under the Utilimaster Upfit Services and Strobes-R-Us brands. It also installs specialty interior and exterior up-fit equipment for walk-in vans, truck bodies, cargo vans, and light duty pick-up trucks; and provides aftermarket support, including parts sales and field services, as well as parts and accessories. The Specialty Vehicles segment provides diesel motor home chassis; and truck bodies under the Royal Truck Body and DuraMag brands. The segment also provides final assembly services for Isuzu N-gas and F-series chassis under the Builtmore Contract Manufacturing brand; and designs and installs custom lighting and upfit solutions for a range of specialty industries. In addition, this segment provides truck accessories under the Magnum brand; and a range of parts and accessories, and maintenance and repair services for its motorhome and specialty chassis. It sells its products to commercial users, original equipment manufacturers, dealers, individuals, municipalities, and other government entities. The company was formerly known as Spartan Motors, Inc. and changed its name to The Shyft Group, Inc. in June 2020. The Shyft Group, Inc. was incorporated in 1975 and is headquartered in Novi, Michigan.
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Today's Range

Now: $10.27
Low: $10.26
High: $10.87

50 Day Range

MA: $11.24
Low: $10.04
High: $12.42

52 Week Range

Now: $10.27
Low: $9.81
High: $27.36

Volume

611,533 shs

Average Volume

271,131 shs

Market Capitalization

$352.57 million

P/E Ratio

57.06

Dividend Yield

1.82%

Beta

1.67

Frequently Asked Questions

What sell-side analysts currently cover shares of The Shyft Group?

The following sell-side analysts have issued reports on The Shyft Group in the last year: BTIG Research, Craig Hallum, DA Davidson, Raymond James, and TheStreet.
View the latest analyst ratings for SHYF.

What is the current price target for The Shyft Group?

3 Wall Street analysts have set twelve-month price targets for The Shyft Group in the last year. Their average twelve-month price target is $14.00, suggesting a possible upside of 36.3%. Raymond James has the highest price target set, predicting SHYF will reach $18.00 in the next twelve months. DA Davidson has the lowest price target set, forecasting a price of $12.00 for The Shyft Group in the next year.
View the latest price targets for SHYF.

What is the current consensus analyst rating for The Shyft Group?

The Shyft Group currently has 3 hold ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for SHYF.

What other companies compete with The Shyft Group?

How do I contact The Shyft Group's investor relations team?

The Shyft Group's physical mailing address is 41280 BRIDGE STREET, NOVI MI, 48375. The company's listed phone number is (517) 543-6400 and its investor relations email address is [email protected]. The official website for The Shyft Group is www.spartanmotors.com. Learn More about contacing The Shyft Group investor relations.