Shyft Group (SHYF) Stock Forecast, Price Target & Predictions
SHYF Stock Forecast
Shyft Group stock forecast is as follows: an average price target of $35.00 (represents a 174.51% upside from SHYF’s last price of $12.75) and a rating consensus of 'Strong Buy', based on 1 wall street analysts offering a 1-year stock forecast.
SHYF Price Target
The average price target for Shyft Group (SHYF) is $35.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $38.00 to $32.00. This represents a potential 174.51% upside from SHYF's last price of $12.75.
SHYF Analyst Ratings
According to 1 Wall Street analysts, Shyft Group's rating consensus is 'Strong Buy'. The analyst rating breakdown for SHYF stock is 1 'Strong Buy' (100.00%), 0 'Buy' (0.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Shyft Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 29, 2022 | - | Raymond James | $32.00 | $24.37 | 31.31% | 150.98% |
| Jul 19, 2022 | - | Raymond James | $29.00 | $20.86 | 39.02% | 127.45% |
| Jul 13, 2022 | Michael Shlisky | D.A. Davidson | $38.00 | $20.06 | 89.43% | 198.04% |
| Apr 26, 2022 | - | Raymond James | $50.00 | $28.69 | 74.28% | 292.16% |
The latest Shyft Group stock forecast, released on Jul 29, 2022 by Raymond James company, set a price target of $32.00, which represents a 31.31% increase from the stock price at the time of the forecast ($24.37), and a 150.98% increase from SHYF last price ($12.75).
Shyft Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $12.75 | $12.75 | $12.75 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Shyft Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Shyft Group's last price of $12.75. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 19, 2022 | Raymond James | Strong Buy | Strong Buy | Hold |
| Apr 26, 2022 | Raymond James | Strong Buy | Strong Buy | Hold |
Shyft Group's last stock rating was published by Raymond James on Jul 19, 2022. The company gave SHYF a "Strong Buy" rating, the same as its previous rate.
Shyft Group Financial Forecast
Shyft Group Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $201.32M | $225.10M | $243.44M | $302.01M | $286.07M | $232.19M | $206.88M | $277.30M | $272.62M | $243.98M | $197.89M | $171.58M | $203.47M | $123.97M | $176.95M | $-14.31M | $288.95M |
| Avg Forecast | $231.06M | $223.89M | $213.76M | $206.32M | $236.03M | $232.32M | $220.85M | $219.54M | $213.24M | $207.80M | $201.49M | $184.28M | $191.54M | $207.81M | $256.60M | $225.97M | $304.44M | $290.40M | $223.03M | $189.92M | $232.48M | $247.60M | $241.60M | $192.66M | $170.49M | $191.73M | $141.39M | $180.22M | $230.00M | $263.95M |
| High Forecast | $237.62M | $230.24M | $219.83M | $212.17M | $242.74M | $238.91M | $227.13M | $225.77M | $219.29M | $213.70M | $207.21M | $189.51M | $196.98M | $225.71M | $263.88M | $232.38M | $313.09M | $298.65M | $226.15M | $192.58M | $235.73M | $251.07M | $244.98M | $195.36M | $172.87M | $194.42M | $143.37M | $182.74M | $233.22M | $267.64M |
| Low Forecast | $224.39M | $217.42M | $207.59M | $200.36M | $229.22M | $225.61M | $214.48M | $213.20M | $207.08M | $201.80M | $195.67M | $178.96M | $186.01M | $183.41M | $249.19M | $219.44M | $295.65M | $282.02M | $219.85M | $187.22M | $229.17M | $244.08M | $238.16M | $189.92M | $168.06M | $189.00M | $139.37M | $177.65M | $226.72M | $260.19M |
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 5 | 9 | 6 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 0.88% | 1.08% | 0.99% | 0.99% | 1.04% | 1.09% | 1.19% | 1.10% | 1.01% | 1.03% | 1.01% | 1.06% | 0.88% | 0.98% | -0.06% | 1.09% |
Shyft Group's average Quarter revenue forecast for Dec 23 based on 1 analysts is $191.54M, with a low forecast of $186.01M, and a high forecast of $196.98M. SHYF's average Quarter revenue forecast represents a -4.86% decrease compared to the company's last Quarter revenue of $201.32M (Sep 23).
Shyft Group EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 5 | 9 | 6 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $8.45M | $6.59M | $7.62M | $22.94M | $25.55M | $10.93M | $-2.58M | $22.17M | $31.07M | $24.50M | $17.99M | $13.57M | $28.98M | $3.90M | $12.23M | $-17.51M | $16.61M |
| Avg Forecast | $14.91M | $14.45M | $13.79M | $13.31M | $15.23M | $14.99M | $14.25M | $14.17M | $13.76M | $13.41M | $13.00M | $-4.04M | $12.36M | $13.41M | $16.56M | $-3.67M | $19.65M | $24.30M | $14.39M | $-3.34M | $15.00M | $15.98M | $15.59M | $16.03M | $11.00M | $12.37M | $9.12M | $8.44M | $14.84M | $17.03M |
| High Forecast | $15.33M | $14.86M | $14.19M | $13.69M | $15.66M | $15.42M | $14.66M | $14.57M | $14.15M | $13.79M | $13.37M | $-3.23M | $12.71M | $14.57M | $17.03M | $-2.94M | $20.20M | $29.16M | $14.59M | $-2.67M | $15.21M | $16.20M | $15.81M | $19.24M | $11.16M | $12.55M | $9.25M | $10.13M | $15.05M | $17.27M |
| Low Forecast | $14.48M | $14.03M | $13.40M | $12.93M | $14.79M | $14.56M | $13.84M | $13.76M | $13.36M | $13.02M | $12.63M | $-4.85M | $12.00M | $11.84M | $16.08M | $-4.41M | $19.08M | $19.44M | $14.19M | $-4.01M | $14.79M | $15.75M | $15.37M | $12.83M | $10.85M | $12.20M | $8.99M | $6.75M | $14.63M | $16.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.63% | 0.40% | -2.07% | 1.17% | 1.05% | 0.76% | 0.77% | 1.48% | 1.94% | 1.57% | 1.12% | 1.23% | 2.34% | 0.43% | 1.45% | -1.18% | 0.98% |
1 analysts predict SHYF's average Quarter EBITDA for Dec 23 to be $12.36M, with a high of $12.71M and a low of $12.00M. This is 46.30% upper than Shyft Group's previous annual EBITDA (Sep 23) of $8.45M.
Shyft Group Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 5 | 9 | 6 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.52M | $4.68M | $1.71M | $17.84M | $17.29M | $5.28M | $-3.85M | $20.49M | $20.92M | $15.96M | $11.58M | $7.63M | $18.74M | $-1.36M | $7.81M | $-27.82M | $10.35M |
| Avg Forecast | $6.46M | $5.48M | $4.11M | $4.00M | $8.79M | $9.14M | $5.77M | $5.08M | $4.74M | $5.69M | $2.59M | $-5.33M | $-1.92M | $2.67M | $7.49M | $-4.84M | $15.97M | $16.37M | $5.77M | $-4.40M | $16.06M | $18.48M | $18.27M | $10.52M | $8.83M | $13.36M | $4.48M | $5.62M | $12.30M | $9.19M |
| High Forecast | $6.70M | $5.68M | $4.26M | $4.15M | $9.12M | $9.47M | $5.99M | $5.27M | $4.92M | $6.13M | $2.68M | $-4.26M | $3.84M | $4.01M | $7.76M | $-3.87M | $16.56M | $19.64M | $5.88M | $-3.52M | $16.36M | $18.81M | $18.60M | $12.63M | $8.99M | $13.60M | $4.56M | $6.75M | $12.52M | $9.36M |
| Low Forecast | $6.22M | $5.28M | $3.96M | $3.85M | $8.46M | $8.79M | $5.56M | $4.89M | $4.56M | $5.25M | $2.49M | $-6.39M | $-6.73M | $1.78M | $7.20M | $-5.81M | $15.37M | $13.09M | $5.67M | $-5.28M | $15.77M | $18.14M | $17.93M | $8.42M | $8.66M | $13.11M | $4.40M | $4.50M | $12.07M | $9.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.69% | 0.63% | -0.35% | 1.12% | 1.06% | 0.91% | 0.88% | 1.28% | 1.13% | 0.87% | 1.10% | 0.86% | 1.40% | -0.30% | 1.39% | -2.26% | 1.13% |
Shyft Group's average Quarter net income forecast for Dec 23 is $-1.92M, with a range of $-6.73M to $3.84M. SHYF's average Quarter net income forecast represents a -142.54% decrease compared to the company's last Quarter net income of $4.52M (Sep 23).
Shyft Group SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 5 | 9 | 6 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $27.42M | $30.27M | $32.29M | $29.16M | $25.03M | $26.86M | $26.55M | $28.03M | $25.37M | $28.74M | $24.54M | $23.53M | $23.52M | $24.61M | $21.40M | $-3.73M | $26.67M |
| Avg Forecast | $26.39M | $25.57M | $24.41M | $23.56M | $26.95M | $26.53M | $25.22M | $25.07M | $24.35M | $23.73M | $23.01M | $36.72M | $21.87M | $23.73M | $29.30M | $33.38M | $34.77M | $19.84M | $25.47M | $30.35M | $26.55M | $28.28M | $27.59M | $22.31M | $19.47M | $21.90M | $16.15M | $15.41M | $26.26M | $30.14M |
| High Forecast | $27.13M | $26.29M | $25.10M | $24.23M | $27.72M | $27.28M | $25.94M | $25.78M | $25.04M | $24.40M | $23.66M | $44.06M | $22.49M | $25.78M | $30.13M | $40.06M | $35.75M | $23.81M | $25.83M | $36.41M | $26.92M | $28.67M | $27.98M | $26.77M | $19.74M | $22.20M | $16.37M | $18.49M | $26.63M | $30.56M |
| Low Forecast | $25.62M | $24.83M | $23.71M | $22.88M | $26.18M | $25.76M | $24.49M | $24.35M | $23.65M | $23.04M | $22.34M | $29.37M | $21.24M | $20.94M | $28.46M | $26.70M | $33.76M | $15.87M | $25.11M | $24.28M | $26.17M | $27.87M | $27.20M | $17.85M | $19.19M | $21.58M | $15.92M | $12.33M | $25.89M | $29.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | 1.03% | 0.97% | 0.84% | 1.26% | 1.05% | 0.88% | 1.06% | 0.90% | 1.04% | 1.10% | 1.21% | 1.07% | 1.52% | 1.39% | -0.14% | 0.88% |
Shyft Group's average Quarter SG&A projection for Dec 23 is $21.87M, based on 1 Wall Street analysts, with a range of $21.24M to $22.49M. The forecast indicates a -20.22% fall compared to SHYF last annual SG&A of $27.42M (Sep 23).
Shyft Group EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 5 | 9 | 6 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.13 | $0.13 | $0.05 | $0.51 | $0.49 | $0.15 | $-0.11 | $0.58 | $0.59 | $0.45 | $0.33 | $0.21 | $0.53 | $-0.04 | $0.22 | $-0.79 | $0.29 |
| Avg Forecast | $0.19 | $0.16 | $0.12 | $0.12 | $0.26 | $0.27 | $0.17 | $0.15 | $0.14 | $0.17 | $0.07 | $-0.17 | $-0.06 | $0.08 | $0.22 | $0.02 | $0.46 | $0.44 | $0.17 | $-0.08 | $0.47 | $0.54 | $0.53 | $0.33 | $0.26 | $0.39 | $0.13 | $0.25 | $0.36 | $0.27 |
| High Forecast | $0.19 | $0.16 | $0.12 | $0.12 | $0.26 | $0.27 | $0.17 | $0.15 | $0.14 | $0.18 | $0.08 | $-0.17 | $0.11 | $0.12 | $0.23 | $0.02 | $0.48 | $0.46 | $0.17 | $-0.08 | $0.47 | $0.55 | $0.54 | $0.34 | $0.26 | $0.39 | $0.13 | $0.25 | $0.36 | $0.27 |
| Low Forecast | $0.18 | $0.15 | $0.11 | $0.11 | $0.25 | $0.26 | $0.16 | $0.14 | $0.13 | $0.15 | $0.07 | $-0.18 | $-0.20 | $0.05 | $0.21 | $0.02 | $0.45 | $0.43 | $0.16 | $-0.08 | $0.46 | $0.53 | $0.52 | $0.32 | $0.25 | $0.38 | $0.13 | $0.24 | $0.35 | $0.26 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.68% | 0.60% | 2.94% | 1.10% | 1.11% | 0.90% | 1.38% | 1.24% | 1.10% | 0.85% | 1.00% | 0.82% | 1.37% | -0.31% | 0.89% | -2.21% | 1.09% |
According to 1 Wall Street analysts, Shyft Group's projected average Quarter EPS for Dec 23 is $-0.06, with a low estimate of $-0.20 and a high estimate of $0.11. This represents a -142.88% decrease compared to SHYF previous annual EPS of $0.13 (Sep 23).
Shyft Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SHYF | Shyft Group | $12.75 | $35.00 | 174.51% | Strong Buy |
| CMCO | Columbus McKinnon | $30.90 | $49.00 | 58.58% | - |
| AGCO | AGCO | $90.93 | $139.00 | 52.86% | Buy |
| HY | Hyster-Yale Materials Handling | $59.68 | $90.00 | 50.80% | Buy |
| MTW | Manitowoc Company | $9.68 | $12.75 | 31.71% | Buy |
| ALG | Alamo Group | $178.84 | $215.00 | 20.22% | Buy |
| LNN | Lindsay | $120.41 | $138.50 | 15.02% | Buy |
| ASTE | Astec Industries | $31.31 | $36.00 | 14.98% | Hold |
| OSK | Oshkosh | $100.37 | $111.40 | 10.99% | Buy |
| TEX | Terex | $51.42 | $54.90 | 6.77% | Hold |
| REVG | REV Group | $27.64 | $19.60 | -29.09% | Buy |
SHYF Forecast FAQ
Is Shyft Group a good buy?
Yes, according to 1 Wall Street analysts, Shyft Group (SHYF) is considered a 'Strong Buy'. The rating consensus is based on 1 'Strong Buy' and 0 'Buy' recommendations, accounting for 100.00% of SHYF's total ratings.
What is SHYF's price target?
Shyft Group (SHYF) average price target is $35 with a range of $32 to $38, implying a 174.51% from its last price of $12.75. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Shyft Group stock go up soon?
According to Wall Street analysts' prediction for SHYF stock, the company can go up by 174.51% (from the last price of $12.75 to the average price target of $35), up by 198.04% based on the highest stock price target, and up by 150.98% based on the lowest stock price target.
Can Shyft Group stock reach $20?
SHYF's average twelve months analyst stock price target of $35 supports the claim that Shyft Group can reach $20 in the near future.
What are Shyft Group's analysts' financial forecasts?
Shyft Group's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $908.75M (high $934.55M, low $882.51M), average EBITDA is $58.65M (high $60.31M, low $56.95M), average net income is $28.79M (high $29.85M, low $27.71M), average SG&A $103.78M (high $106.72M, low $100.78M), and average EPS is $0.835 (high $0.866, low $0.804). SHYF's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $875.02M (high $899.87M, low $849.76M), average EBITDA is $56.47M (high $58.07M, low $54.84M), average net income is $20.06M (high $20.8M, low $19.3M), average SG&A $99.92M (high $102.76M, low $97.04M), and average EPS is $0.582 (high $0.603, low $0.56).
Did the SHYF's actual financial results beat the analysts' financial forecasts?
Based on Shyft Group's last annual report (Dec 2022), the company's revenue was $1.03B, beating the average analysts forecast of $1.01B by 1.92%. Apple's EBITDA was $61.53M, beating the average prediction of $55M by 11.87%. The company's net income was $36.56M, beating the average estimation of $33.71M by 8.44%. Apple's SG&A was $107.6M, missing the average forecast of $110.42M by -2.56%. Lastly, the company's EPS was $1.04, beating the average prediction of $0.993 by 4.70%. In terms of the last quarterly report (Sep 2023), Shyft Group's revenue was $201.32M, missing the average analysts' forecast of $207.81M by -3.12%. The company's EBITDA was $8.45M, missing the average prediction of $13.41M by -37.00%. Shyft Group's net income was $4.52M, beating the average estimation of $2.67M by 69.10%. The company's SG&A was $27.42M, beating the average forecast of $23.73M by 15.54%. Lastly, the company's EPS was $0.13, beating the average prediction of $0.0775 by 67.74%