The Shyft Group, Inc. (SHYF)
NASDAQ: SHYF · IEX Real-Time Price · USD
12.61
+0.03 (0.24%)
May 20, 2024, 4:00 PM EDT - Market closed
The Shyft Group Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for The Shyft Group stock have an average target of 14, with a low estimate of 12 and a high estimate of 18. The average target predicts an increase of 11.02% from the current stock price of 12.61.
Analyst Consensus: Buy
* Price targets were last updated on Feb 27, 2024.
Analyst Ratings
The average analyst rating for SHYF stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | -4.84% | Feb 27, 2024 |
| Craig-Hallum | Craig-Hallum | Hold Maintains $16 → $12 | Hold | Maintains | $16 → $12 | -4.84% | Oct 27, 2023 |
| BTIG | BTIG | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Oct 27, 2023 |
| Craig-Hallum | Craig-Hallum | Strong Buy → Hold Downgrades $35 → $16 | Strong Buy → Hold | Downgrades | $35 → $16 | +26.88% | Jul 28, 2023 |
| Raymond James | Raymond James | Strong Buy Maintains $26 → $18 | Strong Buy | Maintains | $26 → $18 | +42.74% | Jul 28, 2023 |
Financial Forecast
Revenue This Year
881.28M
from 872.20M
Increased by 1.04%
Revenue Next Year
958.19M
from 881.28M
Increased by 8.73%
EPS This Year
0.40
from 0.19
Increased by 110.71%
EPS Next Year
0.87
from 0.40
Increased by 118.26%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 919.4M | 1.0B | 991.8M |
| Avg | 881.3M | 958.2M | 963.5M |
| Low | 833.0M | 891.3M | 925.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.4% | 14.5% | 3.5% |
| Avg | 1.0% | 8.7% | 0.6% |
| Low | -4.5% | 1.1% | -3.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.63 | 1.03 | 0.96 |
| Avg | 0.40 | 0.87 | 0.93 |
| Low | 0.27 | 0.68 | 0.89 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 231.6% | 157.0% | 9.3% |
| Avg | 110.7% | 118.3% | 6.2% |
| Low | 44.4% | 68.9% | 2.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.