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The Shyft Group, Inc is currently in a long term uptrend where the price is trading 18.4% above its 200 day moving average.
From a valuation standpoint, the stock is 96.2% cheaper than other stocks from the Industrials sector with a price to sales ratio of 2.0.
The Shyft Group, Inc's total revenue rose by 1299.2% to $172M since the same quarter in the previous year.
Its net income has increased by 128.7% to $8M since the same quarter in the previous year.
Finally, its free cash flow grew by 47.4% to $37M since the same quarter in the previous year.
Based on the above factors, The Shyft Group, Inc gets an overall score of 5/5.
ISIN | US8256981031 |
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Sector | Industrials |
Industry | Farm & Heavy Construction Machinery |
Exchange | NASDAQ |
CurrencyCode | USD |
Market Cap | 255M |
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PE Ratio | None |
Target Price | 15.5 |
Dividend Yield | 2.8% |
Beta | 1.83 |
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 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 motorhome chassis; and truck bodies under the Royal Truck Body and DuraMag brands. This 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, individual end users, municipalities, and other governmental 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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