Stock Fundamentals

Company Information

Company Name
Shyft Group Inc
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Exchange
NASDAQ
ISIN: US8256981031
CIK: 0000743238
CUSIP: 825698103
Currency: USD
Full Time Employees: 2,900
Phone: 517 543 6400
Fiscal Year End: December
IPO Date: Mar 26, 1990
Description:

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.

Address:

41280 Bridge Street, Novi, MI, United States, 48375

Directors & Officers

Name Title Year Born
Mr. John A. Dunn President, CEO & Director 1967
Mr. Joshua Alan Sherbin J.D. Chief Legal Officer, Chief Administrative Officer, Chief Compliance Officer & Corporate Secretary 1963
Mr. Jacob Farmer President of Fleet Vehicles & Services and President of Specialty Vehicles 1978
Mr. Scott Matthew Ocholik Interim CFO, VP, Chief Accounting Officer & Corporate Controller 1973
Mr. Andrew Anderson Chief Information Officer NA
Mr. Randy Wilson VP of Investor Relations & Group Treasurer NA
Mr. Todd S. Fierro President of Emergency Response 1964

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Feb 26, 2024 John Albert Dunn N/A Purchase 4.55K $11.00 $50.00K
Oct 31, 2023 Joshua A Sherbin N/A Purchase 2.25K $11.05 $24.91K
Oct 27, 2023 Jonathan C Douyard N/A Purchase 9.06K $11.10 $100.57K
Oct 18, 2023 Josh Gottheimer N/A Sale N/A $13.84 N/A
Oct 16, 2023 Josh Gottheimer N/A Purchase N/A $14.07 N/A
Sep 15, 2023 Josh Gottheimer N/A Sale N/A $15.47 N/A
Aug 03, 2023 Michael Dinkins N/A Purchase 3.15K $15.64 $49.27K
Aug 01, 2023 Terri Pizzuto N/A Purchase 3.50K $14.31 $50.03K
Jul 28, 2023 Pamela L Kermisch N/A Purchase 3.24K $15.44 $50.01K
Mar 08, 2023 Stephen K Guillaume N/A Sale 4.00K $26.58 $106.32K
Mar 06, 2023 Stephen K Guillaume N/A Sale 2.00K $26.83 $53.66K
Dec 01, 2022 Stephen K Guillaume N/A Sale 15.00K $24.51 $367.65K
Sep 09, 2022 Michael Dinkins N/A Sale 548.00 $24.29 $13.31K

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
T. Rowe Price Investment Management,Inc. 3.74M Jun 30, 2025 10.69% $0.03 7.46%
BlackRock Inc 3.30M Mar 31, 2025 9.42% $0.00 -0.27%
Pzena Investment Management, LLC 3.08M Mar 31, 2025 8.81% $0.09 0.97%
Zuckerman Investment Group, LLC 1.94M Jun 30, 2025 5.53% $2.35 37.13%
Vanguard Group Inc 1.80M Jun 30, 2025 5.15% $0.00 1.89%
Dimensional Fund Advisors, Inc. 1.46M Jun 30, 2025 4.16% $0.00 4.63%
Royce & Associates, LP 1.20M Jun 30, 2025 3.42% $0.15 0.73%
NewEdge Investment Solutions 1.14M Mar 31, 2025 3.27% $0.17 0.00%
Geode Capital Management, LLC 795.59K Mar 31, 2025 2.27% $0.00 2.79%
Ausdal Financial Partners Inc 748.66K Jun 30, 2025 2.14% $0.63 0.00%
Schwerin Boyle Capital Management Inc 744.17K Jun 30, 2025 2.13% $1.04 -10.44%
State Street Corp 707.55K Mar 31, 2025 2.02% $0.00 -1.33%
D. E. Shaw & Co LP 625.06K Jun 30, 2025 1.79% $0.01 -30.36%
ING Investment Management LLC 578.20K Mar 31, 2025 1.65% $0.00 166.30%
Wells Fargo & Co 564.03K Mar 31, 2025 1.61% $0.00 -3.35%
Charles Schwab Investment Management Inc 478.74K Jun 30, 2025 1.37% $0.00 31.71%
Gamco Investors, Inc. Et Al 407.68K Jun 30, 2025 1.16% $0.05 73.11%
Morgan Stanley - Brokerage Accounts 356.91K Mar 31, 2025 1.02% $0.00 -21.89%
Orchard Capital Management, Llc 341.39K Mar 31, 2025 0.98% $1.89 1,316.68%
Kirr Marbach & Co LLC 335.89K Jun 30, 2025 0.96% $0.83 0.01%

Shares Statistics

Shares Outstanding: 35.01M
Shares Float: 32.22M
% Insiders: 834.30%
% Institutions: 8,642.90%
Short % Float: 3.06%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 T. Rowe Price Small-Cap Value 2.10M 6.00% ▼ 0.12% Jun 30, 2025
2 T. Rowe Price U.S. SC Value Eq Tr-D 1.24M 3.53% ▲ 7.12% Jun 30, 2025
3 Ancora/Thelen Small Mid Cap Core 480.50K 1.37% ▲ 980.87% Jun 30, 2025
4 Royce Small-Cap Opportunity Invmt 393.68K 1.12% ▼ 0.36% Jun 30, 2025
5 Fidelity Small Cap Index 345.87K 0.99% ▲ 0.00% May 31, 2025
6 1290 VT GAMCO Small Company Value IB 230.00K 0.66% ▼ 0.86% Jun 30, 2025
7 Ancora/Thelen Small-Mid Cap I 219.33K 0.63% ▲ 1,009.73% Jun 30, 2025
8 First Eagle US Small Cap Strategy 218.70K 0.62% ▲ 66.04% Jun 30, 2025
9 First Eagle Small Cap Opportunity I 214.31K 0.61% ▲ 57.53% Jun 30, 2025
10 Orchard Small Cap Value ESG 213.75K 0.61% ▼ 32.38% Apr 30, 2025

Valuation Metrics

Enterprise Value: $615.09M
Trailing P/E: 627.00
Forward P/E: 21.65

Financial Highlights

Market Cap: $439.02M
EBITDA: $29.11M
P/E Ratio: $627.00
Book Value: $7.07
Dividend/Share: $0.20
Dividend Yield: 1.59%
Earnings/Share: $0.02
Profit Margin: 0.06%
Operating Margin: 0.86%
ROA (TTM): 0.89%
ROE (TTM): 0.18%
Revenue (TTM): $792.89M
Revenue/Share (TTM): $22.93
Earnings Growth (YOY): -30.80%
Revenue Growth (YOY): 3.40%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2024-12-31 1.63x 0.57x 0.56x 0.48x 5.35x
2023-12-31 1.57x 0.38x 0.52x 1.03x 3.96x
2022-12-31 1.72x 0.36x 0.54x 16.77x 1.59x
2021-12-31 1.72x 0.10x 0.40x 203.02x 0.28x
2020-12-31 1.67x 0.23x 0.44x 27.27x 0.71x
2019-12-31 1.60x 0.62x 0.62x 20.60x 1.91x
2018-12-31 1.78x 0.14x 0.47x 14.92x 0.88x
2017-12-31 1.81x 0.11x 0.44x 165.01x 0.67x
2016-12-31 1.85x 0.00x 0.37x 21.04x 0.01x
2015-12-31 2.19x 0.03x 0.36x -34.19x -1.08x
2014-12-31 2.66x 0.00x 0.29x -3.38x 0.01x
2013-12-31 2.45x 0.00x 0.33x -26.36x 0.05x
2012-12-31 2.84x 0.00x 0.27x -7.73x 0.01x
2011-12-31 2.96x 0.00x 0.26x 4.11x 0.00x
2010-12-31 3.35x 0.00x 0.24x 11.32x 0.00x
2009-12-31 2.80x 0.13x 0.38x 13.92x 0.84x
2008-12-31 2.63x 0.06x 0.35x 33.33x 0.14x
2007-12-31 2.06x 0.00x 0.59x 22.46x 0.01x
2006-12-31 2.55x 0.01x 0.46x 78.68x 0.02x
2005-12-31 2.03x 0.00x 0.41x 89.72x 0.00x
2004-12-31 2.12x 0.00x 0.37x 24.54x 0.00x
2003-12-31 2.33x 111.10x 0.33x 18.69x 828.49x
2002-12-31 2.11x 72.62x 0.36x 49.78x 213.47x
2001-12-31 1.93x 0.05x 0.52x 7.95x 0.15x
2000-12-31 1.97x 0.03x 0.69x 4.91x 0.09x
1999-12-31 1.85x 0.18x 0.65x 0.00x 0.98x
1998-12-31 1.92x 0.18x 0.64x 10.58x 0.57x
1997-12-31 2.71x 0.00x 0.42x N/A 0.00x
1996-12-31 5.18x 0.01x 0.23x 15.20x 0.06x
1995-12-31 6.30x 0.01x 0.20x 11.80x 0.05x
1994-12-31 4.85x 0.01x 0.24x 34.00x 0.02x
1993-12-31 4.39x 0.01x 0.25x 30.20x 0.02x
1992-12-31 4.34x 0.01x 0.24x 65.50x 0.02x
1991-12-31 3.14x 0.06x 0.36x 20.20x 0.13x
1990-12-31 1.54x 0.68x 0.63x 5.63x 1.20x
1989-12-31 1.79x 0.75x 0.62x 2.67x 1.81x
1988-12-31 1.83x 0.89x 0.67x 7.40x 1.23x
1987-12-31 1.98x 0.24x 0.53x N/A 0.41x
1986-12-31 2.26x 0.36x 0.51x 12.00x 1.00x
1985-12-31 3.73x 0.03x 0.38x 6.00x 0.14x

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