Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- Analyst Ratings
Upturn AI SWOT - About
SHYF 
Shyft Group Inc (SHYF)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
06/30/2025: SHYF (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
3 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $15.5
1 Year Target Price $15.5
| 1 | Strong Buy |
| 1 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -41.98% | Avg. Invested days 26 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 442.52M USD | Price to earnings Ratio 632 | 1Y Target Price 15.5 |
Price to earnings Ratio 632 | 1Y Target Price 15.5 | ||
Volume (30-day avg) 3 | Beta 1.94 | 52 Weeks Range 6.78 - 17.26 | Updated Date 06/30/2025 |
52 Weeks Range 6.78 - 17.26 | Updated Date 06/30/2025 | ||
Dividends yield (FY) 1.58% | Basic EPS (TTM) 0.02 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 0.06% | Operating Margin (TTM) 0.86% |
Management Effectiveness
Return on Assets (TTM) 0.89% | Return on Equity (TTM) 0.18% |
Valuation
Trailing PE 632 | Forward PE 21.83 | Enterprise Value 618770843 | Price to Sales(TTM) 0.56 |
Enterprise Value 618770843 | Price to Sales(TTM) 0.56 | ||
Enterprise Value to Revenue 0.78 | Enterprise Value to EBITDA 19.74 | Shares Outstanding 35009800 | Shares Floating 32215049 |
Shares Outstanding 35009800 | Shares Floating 32215049 | ||
Percent Insiders 8.34 | Percent Institutions 85.99 |
Analyst Ratings
Rating 2 | Target Price 15.5 | Buy 1 | Strong Buy 1 |
Buy 1 | Strong Buy 1 | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Shyft Group Inc
Company Overview
History and Background
The Shyft Group, formerly Spartan Motors, was founded in 1975. It initially focused on chassis manufacturing and expanded into specialty vehicle production. Over time, the company evolved into a provider of commercial vehicles and upfit solutions, rebranding as The Shyft Group in 2021 to reflect its broader scope.
Core Business Areas
- Fleet Vehicles and Services: Designs, engineers, manufactures, and assembles specialty vehicles, aftermarket parts, and service solutions for the commercial and recreational vehicle industries. This segment includes walk-in vans, truck bodies, and other purpose-built vehicles.
- Specialty Chassis and Vehicle: Focuses on the production of custom chassis for RVs and specialty vehicles.
Leadership and Structure
The Shyft Group is led by a board of directors and a management team headed by the CEO. The company's organizational structure includes functional departments such as engineering, manufacturing, sales, marketing, finance, and human resources.
Top Products and Market Share
Key Offerings
- Walk-in Vans: Produces walk-in vans primarily for last-mile delivery and service applications. Utilimaster, a Shyft Group brand, is a major player in this market. Competitors include Morgan Olson and Freightliner Custom Chassis. Market share information varies, but Shyft has a substantial presence.
- Truck Bodies: Offers various truck bodies for vocational and service applications. Utilimaster's involvement positions them to compete with Jerr-Dan and Reading Truck Body. Market share data varies.
Market Dynamics
Industry Overview
The commercial vehicle industry is experiencing growth due to e-commerce demand and electrification trends. Last-mile delivery and service industries are key drivers. Supply chain challenges and raw material price volatility are current concerns.
Positioning
Shyft Group is positioned as a specialty vehicle manufacturer and upfitter, focusing on niche markets like last-mile delivery and vocational vehicles. Their competitive advantages include established brands like Utilimaster and a focus on innovation.
Total Addressable Market (TAM)
The total addressable market for commercial vehicles and upfit solutions is estimated to be billions of dollars. Shyft Group is positioned to capture a portion of this TAM through its product offerings and customer relationships.
Upturn SWOT Analysis
Strengths
- Strong brand recognition (Utilimaster)
- Established customer relationships
- Diverse product portfolio
- Focus on innovation and new technologies (e.g., electric vehicles)
- Experienced management team
Weaknesses
- Dependence on key suppliers
- Exposure to economic cycles
- Operational inefficiencies in certain areas
- Potential for warranty issues
Opportunities
- Growing demand for electric commercial vehicles
- Expansion into new markets
- Strategic acquisitions
- Increased government incentives for green vehicles
- Development of new upfit solutions
Threats
- Intense competition
- Rising raw material costs
- Supply chain disruptions
- Changes in government regulations
- Economic downturn
Competitors and Market Share
Key Competitors
- REV Group (REVG)
- Oshkosh Corporation (OSK)
- Workhorse Group (WKHS)
Competitive Landscape
Shyft Group competes on product innovation, customer service, and brand reputation. They face competition from larger, more diversified companies, as well as smaller, niche players. Shyft's advantages include its established brands and focus on specific markets. Their disadvantages include their smaller size and dependence on key suppliers.
Major Acquisitions
Royal Truck Body
- Year: 2015
- Acquisition Price (USD millions): 26
- Strategic Rationale: Expanded The Shyft Groupu2019s (then Spartan Motorsu2019) vocational truck body business in the Western United States.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been driven by expansion into new markets and product innovation.
Future Projections: Future growth is projected to be driven by increasing demand for electric commercial vehicles and last-mile delivery solutions. Analyst estimates vary based on market conditions.
Recent Initiatives: Recent initiatives include the development of electric vehicle platforms, partnerships with technology companies, and investments in manufacturing capacity.
Summary
Shyft Group shows promise in the specialty vehicle market. Its strength lies in established brands and growing EV market participation. Weaknesses include economic sensitivity and competition. They must capitalize on EV demand and manage supply chains carefully.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company website
- SEC filings
- Industry reports
- Analyst reports
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Market data and analyst estimates are subject to change. Investment decisions should be based on thorough research and consultation with a financial professional.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Shyft Group Inc
Exchange NASDAQ | Headquaters Novi, MI, United States | ||
IPO Launch date 1990-03-26 | President, CEO & Director Mr. John A. Dunn | ||
Sector Industrials | Industry Farm & Heavy Construction Machinery | Full time employees 2900 | Website https://www.theshyftgroup.com |
Full time employees 2900 | Website https://www.theshyftgroup.com | ||
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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.