Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
8/22/2024 | Buy | TD Cowen | ||
7/29/2024 | $12.00 → $18.00 | Neutral → Buy | DA Davidson | |
6/26/2024 | $320.00 → $335.00 | Buy | TD Cowen | |
6/26/2024 | $296.00 → $359.00 | Neutral → Overweight | JP Morgan | |
6/7/2024 | $275.00 | Equal Weight | Wells Fargo | |
3/27/2024 | $250.00 | Neutral → Underperform | Exane BNP Paribas | |
3/22/2024 | $293.00 → $320.00 | Outperform | TD Cowen | |
1/8/2024 | Hold → Buy | Melius |
Commitment to environmental stewardship, social impact, and governance excellence continues to drive progress NOVI, Mich., Sept. 17, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ:SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced the release of its 2024 Sustainability Report, Focusing Forward, Sustainably. The report outlines strategic efforts in reducing emissions, improving workplace safety, advancing belonging and inclusion, and assessing future climate impacts through the company's first physical climate risk assessment. The full report is available at: Sustainabi
NOVI, Mich., Sept. 12, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ:SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, announced today that its management team will be hosting investors at the D.A. Davidson 23rd Annual Diversified Industrials & Services Conference on Thursday, September 19, 2024, in Nashville, Tennessee. About The Shyft GroupThe Shyft Group is the North American leader in specialty vehicle manufacturing, assembly, and upfit
CINCINNATI, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced that FedEx (NYSE:FDX) has issued a purchase order for 15 W56 step vans to be delivered in 2024. This milestone order follows a successful demonstration in which the Workhorse W56 step van met FedEx operation duty cycle requirements. The addition of these 15 W56 step vans will support the FedEx goal to achieve carbon neutral global operations by 2040—underscoring the company's phased approach to replacing older vehicle technologies with new, zero tailpipe-e
NOVI, Mich., July 25, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ:SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service markets, today announced it acquired Independent Truck Upfitters (ITU), a leading service body and work truck upfitter based in the Midwest. "We are thrilled to welcome ITU to the Shyft Group family. ITU's unique products and capabilities are a fantastic complement to our existing portfolio, allowing us to offer even greater value to our collective customers," said John Dunn, Pr
NOVI, Mich., March 06, 2024 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQ:SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, was selected to join the Ford Pro™ Upfitter program, created to provide a seamless end-to-end experience for mutual customers. This designation underscores Shyft's coast-to-coast footprint and reinforces the importance of the collective expertise of Shyft's diverse brand portfolio, promoting cross-brand synergies that drive specialized, customer-focused solutions. "We are thrilled to be named a Ford Pro Upfitter, which is a natural outcome of our long collabo
NOVI, Mich., Jan. 09, 2024 (GLOBE NEWSWIRE) -- The Shyft Group (NASDAQ:SHYF) ("Shyft" or "the Company"), the North American leader in specialty vehicle manufacturing, announced that it has appointed Jacob Farmer as President of Fleet Vehicles and Services (FVS), effective today, reporting to John Dunn, President and CEO. In his new role, Farmer is responsible for FVS operations and implementing the business's strategic vision. Farmer previously served as President of Shyft's Specialty Vehicles (SV) business. "Since joining Shyft in July 2023, Jacob's strong operational and people leadership has positioned SV for sustained growth and success," said Dunn. "Given near term parcel market ch
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TD Cowen resumed coverage of FedEx with a rating of Buy
DA Davidson upgraded The Shyft Group from Neutral to Buy and set a new price target of $18.00 from $12.00 previously
TD Cowen reiterated coverage of FedEx with a rating of Buy and set a new price target of $335.00 from $320.00 previously
8-K - FEDEX CORP (0001048911) (Filer)
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DEF 14A - FEDEX CORP (0001048911) (Filer)
The Board of Directors of FedEx Corp. (NYSE:FDX) today declared a quarterly cash dividend of $1.38 per share on FedEx Corp. common stock, in line with the company's continued focus on delivering stockholder value. The dividend is payable October 1, 2024 to stockholders of record at the close of business on September 9, 2024. FedEx Corp. (NYSE:FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenue of $88 billion, the company offers integrated business solutions utilizing its flexible, efficient, and intelligent global network. Consistently ranked among the world's most admired and trusted employers, F
NOVI, Mich., Aug. 2, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ:SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced that its Board of Directors authorized a cash dividend of $0.05 per share of common stock. The Michigan-based manufacturer reported that its quarterly dividend will be payable on September 16, 2024 to shareholders of record as of the close of business on August 16, 2024. About The Shyft Group The Shyft Group
Delivered sales of $193 million, EPS of $0.06 and adjusted EPS of $0.16Received order for 150 Blue Arc™ EV Trucks from FedEx; Blue Arc Class 4 vehicle production remains on track for 2024Acquired Independent Truck Upfitters (ITU) to further accelerate Specialty Vehicles growthIncreased full year 2024 adjusted EBITDA midpoint with updated outlook now at $45 to $50 million NOVI, Mich., July 25, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ:SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly and upfit for the commercial, retail and service specialty vehicle markets, today reported operating results for the second quarter ending June 30,
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Shyft Group (NASDAQ:SHYF) reported quarterly earnings of $0.16 per share which beat the analyst consensus estimate of $0.09 by 77.78 percent. This is a 36 percent decrease over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $192.78 million which missed the analyst consensus estimate of $201.47 million by 4.31 percent. This is a 14.36 percent decrease over sales of $225.10 million the same period last year.
The ITU acquisition aligns with Shyft's Specialty Vehicles infrastructure focused growth strategy.
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