A share price of Shyft Group Inc [SHYF] is currently trading at $12.36, up 17.27%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SHYF shares have gain 10.36% over the last week, with a monthly amount drifted -3.81%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Shyft Group Inc [NASDAQ: SHYF] stock has seen the most recent analyst activity on January 15, 2025, when DA Davidson upgraded its rating to a Buy but kept the price target unchanged to $15 for it. Previously, DA Davidson upgraded its rating to Buy on July 29, 2024, and elevated its price target to $18. On October 27, 2023, downgrade downgraded it’s rating to Neutral. DA Davidson downgraded its rating to a Neutral and decreased its price target to $16 on July 28, 2023. Craig Hallum downgraded its rating to a Hold but $16 remained the price target by the analyst firm on July 27, 2023. BTIG Research started tracking with a Buy rating for this stock on January 19, 2023, and assigned it a price target of $40. In a note dated July 13, 2022, DA Davidson upgraded an Buy rating on this stock and boosted its target price from $32 to $38.
Shyft Group Inc experienced fluctuations in its stock price throughout the past year between $9.81 and $17.56. Currently, Wall Street analysts expect the stock to reach $35 within the next 12 months. Shyft Group Inc [NASDAQ: SHYF] shares were valued at $12.36 at the most recent close of the market. An investor can expect a potential return of 183.17% based on the average SHYF price forecast.
Analyzing the SHYF fundamentals
Trailing Twelve Months sales for Shyft Group Inc [NASDAQ:SHYF] were 787.08M which represents -3.60% decline. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.73.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.78 points at the first support level, and at 11.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.85, and for the 2nd resistance point, it is at 13.34.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Shyft Group Inc [NASDAQ:SHYF] is 1.82. Further, the Quick Ratio stands at 1.16, while the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 0.54, the price to book ratio is 1.69.
Transactions by insiders
Recent insider trading involved Dunn John Albert, President and CEO, that happened on Feb 26 ’24 when 4545.0 shares were purchased.
