Shyft Group Inc [SHYF] stock is trading at $10.44, up 6.42%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SHYF shares have gain 7.30% over the last week, with a monthly amount glided 21.40%, and 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 [SHYF] stock has fluctuated between $6.82 and $17.56 over the past year. Currently, Wall Street analysts expect the stock to reach $35 within the next 12 months. Shyft Group Inc [NASDAQ: SHYF] shares were valued at $10.44 at the most recent close of the market. An investor can expect a potential return of 235.25% based on the average SHYF price forecast.
Analyzing the SHYF fundamentals
Shyft Group Inc [NASDAQ:SHYF] reported sales of 792.89M for the trailing twelve months, which represents a growth of 3.39%. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.78.
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 10.19 points at the first support level, and at 9.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.65, and for the 2nd resistance point, it is at 10.87.
Ratios To Look Out For
For context, Shyft Group Inc’s Current Ratio is 1.72. In addition, the Quick Ratio stands at 1.15 and the Cash Ratio stands at 0.09. Considering the valuation of this stock, the price to sales ratio is 0.46, the price to book ratio is 1.48 and price to earnings (TTM) ratio is 809.30.
