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 160.80% upside from SHYF’s last price of $13.42) 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 160.80% upside from SHYF's last price of $13.42.
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% | 138.45% |
| Jul 19, 2022 | - | Raymond James | $29.00 | $20.86 | 39.02% | 116.10% |
| Jul 13, 2022 | Michael Shlisky | D.A. Davidson | $38.00 | $20.06 | 89.43% | 183.16% |
| Apr 26, 2022 | - | Raymond James | $50.00 | $28.69 | 74.28% | 272.58% |
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 138.45% increase from SHYF last price ($13.42).
Shyft Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $13.42 | $13.42 | $13.42 |
| 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 $13.42. 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 | $226.39M | $220.67M | $210.99M | $202.89M | $227.38M | $218.38M | $212.81M | $212.21M | $211.31M | $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 | $231.36M | $225.52M | $215.62M | $207.34M | $232.37M | $223.17M | $217.49M | $216.87M | $215.94M | $212.36M | $201.49M | $188.33M | $195.75M | $225.71M | $262.23M | $230.93M | $311.13M | $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 |
| Low Forecast | $222.92M | $217.29M | $207.75M | $199.78M | $223.89M | $215.03M | $209.55M | $208.96M | $208.07M | $204.61M | $201.49M | $181.46M | $188.61M | $183.41M | $252.66M | $222.51M | $299.78M | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 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 $188.61M, and a high forecast of $195.75M. 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 | 1 | 1 | 2 | 2 | 1 | 1 | 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 | $15.96M | $15.56M | $14.88M | $14.31M | $16.03M | $15.40M | $15.01M | $14.96M | $14.90M | $14.65M | $14.21M | $-4.04M | $13.51M | $14.65M | $18.09M | $-3.67M | $19.71M | $18.74M | $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 | $16.31M | $15.90M | $15.20M | $14.62M | $16.38M | $15.74M | $15.33M | $15.29M | $15.23M | $14.97M | $14.21M | $-3.23M | $13.80M | $15.91M | $18.49M | $-2.94M | $23.66M | $18.74M | $14.39M | $-2.67M | $15.00M | $15.98M | $15.59M | $19.24M | $11.00M | $12.37M | $9.12M | $10.13M | $14.84M | $17.03M |
| Low Forecast | $15.72M | $15.32M | $14.65M | $14.09M | $15.79M | $15.16M | $14.78M | $14.73M | $14.67M | $14.43M | $14.21M | $-4.85M | $13.30M | $12.93M | $17.81M | $-4.41M | $15.77M | $18.74M | $14.39M | $-4.01M | $15.00M | $15.98M | $15.59M | $12.83M | $11.00M | $12.37M | $9.12M | $6.75M | $14.84M | $17.03M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.58% | 0.36% | -2.07% | 1.16% | 1.36% | 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 $13.51M, with a high of $13.80M and a low of $13.30M. This is 59.85% 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 | 1 | 1 | 2 | 2 | 1 | 1 | 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 | $9.56M | $8.65M | $7.20M | $6.31M | $8.23M | $7.97M | $5.46M | $4.59M | $5.11M | $5.72M | $2.60M | $-5.33M | $-1.93M | $2.69M | $7.52M | $-4.84M | $18.20M | $15.25M | $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 | $9.84M | $8.90M | $7.40M | $6.49M | $8.46M | $8.20M | $5.61M | $4.72M | $5.43M | $5.88M | $2.67M | $-4.26M | $3.86M | $4.03M | $7.74M | $-3.87M | $21.84M | $15.25M | $5.77M | $-3.52M | $16.06M | $18.48M | $18.27M | $12.63M | $8.83M | $13.36M | $4.48M | $6.75M | $12.30M | $9.19M |
| Low Forecast | $9.37M | $8.48M | $7.05M | $6.18M | $8.07M | $7.81M | $5.35M | $4.50M | $4.79M | $5.60M | $2.55M | $-6.39M | $-6.76M | $1.79M | $7.37M | $-5.81M | $14.56M | $15.25M | $5.77M | $-5.28M | $16.06M | $18.48M | $18.27M | $8.42M | $8.83M | $13.36M | $4.48M | $4.50M | $12.30M | $9.19M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.68% | 0.62% | -0.35% | 0.98% | 1.13% | 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 $-1.93M, with a range of $-6.76M to $3.86M. SHYF's average Quarter net income forecast represents a -142.76% 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 | 1 | 1 | 2 | 2 | 1 | 1 | 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 | $25.85M | $25.20M | $24.09M | $23.17M | $25.97M | $24.94M | $24.30M | $24.23M | $24.13M | $23.73M | $23.01M | $36.72M | $21.87M | $23.73M | $29.30M | $33.38M | $24.93M | $33.16M | $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 | $26.42M | $25.75M | $24.62M | $23.68M | $26.54M | $25.49M | $24.84M | $24.77M | $24.66M | $24.25M | $23.01M | $44.06M | $22.35M | $25.78M | $29.95M | $40.06M | $29.91M | $33.16M | $25.47M | $36.41M | $26.55M | $28.28M | $27.59M | $26.77M | $19.47M | $21.90M | $16.15M | $18.49M | $26.26M | $30.14M |
| Low Forecast | $25.46M | $24.81M | $23.72M | $22.81M | $25.57M | $24.56M | $23.93M | $23.86M | $23.76M | $23.37M | $23.01M | $29.37M | $21.54M | $20.94M | $28.85M | $26.70M | $19.94M | $33.16M | $25.47M | $24.28M | $26.55M | $28.28M | $27.59M | $17.85M | $19.47M | $21.90M | $16.15M | $12.33M | $26.26M | $30.14M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | 1.03% | 0.97% | 1.17% | 0.75% | 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 $21.54M to $22.35M. 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 | 1 | 1 | 2 | 2 | 1 | 1 | 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 | $0.28 | $0.25 | $0.21 | $0.18 | $0.24 | $0.23 | $0.16 | $0.13 | $0.15 | $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 | $0.28 | $0.26 | $0.21 | $0.19 | $0.24 | $0.24 | $0.16 | $0.14 | $0.16 | $0.17 | $0.08 | $-0.17 | $0.11 | $0.12 | $0.22 | $0.02 | $0.48 | $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 |
| Low Forecast | $0.27 | $0.24 | $0.20 | $0.18 | $0.23 | $0.23 | $0.15 | $0.13 | $0.14 | $0.16 | $0.07 | $-0.18 | $-0.20 | $0.05 | $0.21 | $0.02 | $0.45 | $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 |
| 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 | $13.42 | $35.00 | 160.80% | Strong Buy |
| HY | Hyster-Yale Materials Handling | $54.22 | $90.00 | 65.99% | Buy |
| AGCO | AGCO | $91.98 | $137.50 | 49.49% | Hold |
| CMCO | Columbus McKinnon | $36.01 | $49.00 | 36.07% | - |
| MTW | Manitowoc Company | $10.02 | $12.75 | 27.25% | Buy |
| ALG | Alamo Group | $191.74 | $215.00 | 12.13% | Buy |
| LNN | Lindsay | $128.05 | $138.50 | 8.16% | Buy |
| TEX | Terex | $52.14 | $54.40 | 4.33% | Hold |
| OSK | Oshkosh | $107.96 | $111.40 | 3.19% | Buy |
| ASTE | Astec Industries | $35.99 | $36.00 | 0.03% | Hold |
| REVG | REV Group | $29.21 | $19.60 | -32.90% | Buy |