Shyft Group (SHYF) Stock Price

Shyft Group Price

NASDAQ·CLOSED
12.54
​
Market closed

Over the last 19 years Shyft Group grew revenue by 4.5% annually, reaching 786.18 M USD. Earnings per share have declined at 2.4% per year over the last 18 years. For Shyft Group, the net margin of -0.4% is down versus 4.9% a few years ago. At today's price the dividend yield works out to roughly 1.59%. The dividend has grown at 3.8% per year over the past 19 years. The consensus 12-month price target for Shyft Group is 15.81 USD, about 26.1% above where the stock trades today. Of 9 analysts, 6 rate the stock a buy — an overall Buy consensus.

Shyft Group stock price

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Shyft Group business model & stock analysis

The Shyft Group Inc is a leading company in the specialty vehicles sector, headquartered in Novi, Michigan, USA. The company's history dates back to 1952 when it was founded under the name Brown Industries. Since then, the company has continuously evolved and is now a key player in various segments of the transportation industry. The business model of Shyft Group Inc is based on the development and manufacturing of vehicles tailored to the specific needs and requirements of customers. The company uses advanced technologies and materials to produce innovative and durable vehicles. The range of services includes the development of specialty vehicles for delivery, material transport, mobile workshops, emergency services, and mobile businesses. Overall, the company consists of four different divisions. The first division, Shyft Fleet Vehicles and Services, specializes in the development and manufacturing of commercial vehicles. This includes courier, parcel delivery, utility vehicles, and heavy-duty transporters. The vehicles of Shyft Fleet Vehicles and Services are manufactured in close collaboration with customers to meet the specific requirements of various industries such as agriculture, maintenance and repair of communication equipment, or automotive services. The second division of Shyft Group Inc is Spartan Emergency Response and manufactures specialized response vehicles, fire trucks, rescue vehicles, and command vehicles. These vehicles are used, for example, by fire departments or emergency medical services. The specialty vehicles are designed to be optimally tailored to the needs of different customers. The third division of Shyft Group Inc is Spartan Specialty Vehicles, which produces mobile businesses or mobile sales booths, for example. The vehicles of Spartan Specialty Vehicles are used, for instance, as mobile workshops or stationary solutions for dealers and events. Customers can have the vehicles customized to ensure that they meet the specific requirements of their respective companies or event organizers. The fourth division of Shyft Group Inc is Spartan Motors International, which specializes in the export of specialty vehicles abroad. This primarily reaches customers in Asia, Africa, and Europe. With this, Shyft Group Inc has been able to expand its global presence and steadily increase its revenue since the beginning of the export business. Shyft Group Inc offers a wide range of products, all tailored to the specific needs of customers. The already mentioned commercial vehicles and specialty vehicles form only part of the product offering. The company also produces so-called Morgan storage solutions, which have foldable walls and can be easily dismantled as truck bodies. The technologies used in the development and manufacturing of the vehicles are advanced and forward-thinking. An important argument for the company is the commitment to producing environmentally friendly and resource-efficient vehicles. For example, many of the vehicles have alternative propulsion or exhaust cleaning systems to reduce CO2 emissions and other pollutants. In summary, Shyft Group Inc is an important player in the specialty vehicles market. With four different divisions and a wide range of products, the company aims to serve customers in various industries and regions. The focus on customer orientation, innovation, and sustainability is a key unique selling point of the company.

Frequently asked questions about Shyft Group

The business model of Shyft Group Inc revolves around manufacturing and providing specialized vehicles and equipment. With a focus on commercial vehicles, the company designs and produces vehicles for various industries, including delivery, mobile retail, utilities, and more. Shyft Group also offers fleet management services, vehicle upfitting, and aftermarket parts and accessories. By catering to the unique needs of businesses and organizations, Shyft Group Inc aims to provide innovative and efficient solutions that enhance productivity and mobility.

Shyft Group Inc is primarily active in the industries of specialty vehicle manufacturing and assembly. With its diverse range of branded commercial vehicles, including walk-in vans, cutaway vans, and truck bodies, Shyft Group serves various sectors such as parcel delivery, food and beverage, construction, and utility services. This Michigan-based company caters to the specific needs of businesses requiring custom-built solutions for transportation and mobile workspace requirements. Shyft Group Inc strives to provide innovative, high-quality products and services to its customers, establishing itself as a leading player in the specialty vehicle industry.

The main competitors of Shyft Group Inc in the market are companies such as Workhorse Group Inc, Spartan Motors Inc, and REV Group Inc. These companies also operate in the specialty vehicle manufacturing industry and provide similar products and services as Shyft Group Inc. However, Shyft Group Inc strives to differentiate itself through its innovative and high-quality solutions, strong customer relationships, and focus on sustainable mobility solutions.

The Shyft Group Inc., formerly known as Spartan Motors, is an American specialty vehicle manufacturer and assembler. Founded in 1975, the company has a rich history and extensive experience in designing and producing commercial and retail vehicles. Shyft Group Inc. is headquartered in Novi, Michigan. Over the years, they have established themselves as a leading provider of purpose-built fleet vehicles for a variety of industries, including delivery, utility, mobile retail, and specialty markets. Their commitment to innovation, quality, and customer satisfaction has earned them a strong reputation in the industry. Shyft Group Inc. continues to grow and evolve, delivering innovative solutions to meet the changing needs of their customers.

Some significant milestones achieved by Shyft Group Inc include expanding its product portfolio to offer a wide range of innovative specialty vehicles and cargo transportation solutions. The company has successfully established a strong presence in various industries such as commercial, retail, and utility sectors. Shyft Group Inc has also achieved notable growth through strategic acquisitions, enhancing its capabilities and market reach. Additionally, the company has consistently demonstrated its commitment to sustainability by introducing eco-friendly vehicle models and promoting green technologies. These milestones have reinforced Shyft Group Inc's position as a leading provider of specialized transportation solutions, driving its success in the market.

Shyft Group Inc is primarily present in the United States of America.

Shyft Group Inc represents a set of core values and a corporate philosophy that guides its operations. The company is committed to delivering excellence in every aspect of its business. Shyft Group consistently strives for innovation, aiming to provide innovative solutions to the mobility industry. Their focus on customer satisfaction drives them to offer high-quality products and services. With a strong emphasis on integrity and ethical business conduct, Shyft Group maintains transparency and fosters trust with its stakeholders. By embracing teamwork and collaboration, the company promotes a culture of unity and shared success. Shyft Group Inc's dedication to these values contributes to its strong reputation and success in the market.

Analysts currently set an average price target of 15.81 USD for the Shyft Group stock (median: 15.81 USD), implying +26.1 % versus the latest price. The consensus is based on 9 analyst ratings.

9 analysts currently rate the Shyft Group stock: 6 recommend buying, 3 holding and 0 selling. For 2026, analysts expect Shyft Group to generate revenue of 959.69 M USD and earnings per share of 1.16 USD.

Converted at the current exchange rate, the Shyft Group share trades at 11.23 EUR (12.54 USD).

The Shyft Group share (SHYF) is listed on 2 stock exchanges, including: NASDAQ (SHYF), Frankfurt (SP8.F).

The Shyft Group Inc is a leading provider of mobile work and leisure structures. The company produces and distributes a wide range of specialized vehicles and facilities for government agencies, businesses, and end consumers. The company is headquartered in Novi, Michigan and operates production facilities throughout North America. The company operates in multiple business areas, including "Vehicles," "Facilities," and "Service & Support." In the Vehicles business area, the Shyft Group Inc focuses on manufacturing custom commercial vehicles for various industries such as food and beverage delivery, firefighting, ambulance transportation, and more. The company also produces recreational vehicles and other leisure vehicles for end consumers. In the Facilities area, the company offers a wide range of solutions for mobile and stationary applications. These include mobile hospitals, veterinary clinics, police stations, or workshops. The products are tailored to customer needs and can be customized. In the Service & Support area, the Shyft Group Inc offers comprehensive maintenance and repair services for all types of vehicles and facilities. The company has a network of technical experts and local service centers to provide fast and reliable support to its customers. Another important aspect of the Shyft Group Inc's business model is the offering of aftermarket products and accessories. These include spare parts and upgrades for vehicles and facilities, specialized equipment and attachments, as well as clothing and gift items. The goal of the Shyft Group Inc is to provide its customers with high-quality solutions tailored to their specific needs. To achieve this, the company relies on innovative technologies, advanced production methods, and close collaboration with its customers. Through its various business areas and wide product portfolio, the company can respond to changes in different industries and meet customer needs. Overall, the business model of the Shyft Group Inc offers the opportunity to offer customers a wide range of products and services. The company is well positioned to achieve growth in its various business areas and continue expanding.

The expected revenue of Shyft Group is 959.69 M USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Shyft Group is 39.82 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Shyft Group is currently 10.84. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Shyft Group stock.

The price-to-sales ratio (P/S) of Shyft Group is currently 0.45. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Shyft Group stock.

The Eulerpool Quality Score for Shyft Group is 2/10.

The ISIN of Shyft Group is US8256981031. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Shyft Group is A2P56J. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Shyft Group is SHYF. The ticker symbol is used to trade Shyft Group shares on the stock exchange.

Fair ValueTerminal
12.92 USD
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Machinery
Number of shares
Employees
Revenue per Employee
271,095.17 USD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Currency
USD
Initial public offering
Jun 19, 1984
ISIN
US8256981031
Cusip
825698103
Sedol
BMYGGG5
Market capitalization
431.71 M USDSmall Cap
52-Week Range
PEG
-8.24
P/E ratio
P/Ee 2025
16.01
P/Ee 2026
10.84
P/Ee 2027
9.56
P/S
P/Se
0.49
EV/EBIT
129.69
P/B Ratio
1.74
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
-0.73 %
Dividend
Dividend yield
1.59 %
Est. Dividend Yield
1.91 %
Payout Ratio
-246.35 %
Dividend growth Ø5Y
—
Dividend payments per year
4
Dividend paid since
30 years
Dividend not reduced since
0 years
Dividend increased since
0 years
Dividend withholding tax
30.00 %
Last updated Oct 31, 2026, 8:41 AM

Shyft Group Ticker

FRANKFURT · SP8.FNASDAQ · SHYF

Shyft Group FIGI

SHYF:US · BBG000BTDHV7SHYF:UA · BBG000BTDJ25SHYF:UC · BBG000BTDJD3SHYF:UN · BBG000BTDJW2SHYF:UP · BBG000BTDKC1SHYF:UB · BBG000BTDL84SHYF:UM · BBG000BTDLT1SHYF:UX · BBG000BTDM37SHYF:UD · BBG000BTDP76SHYF:UW · BBG000BTDSN2SHYF:UF · BBG000BTDTD1SHYF:VY · BBG000BTDV00

All fundamentals and in-depth analysis of Shyft Group

Our stock analysis for Shyft Group stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Shyft Group. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.