BTIG Research downgraded The Shyft Group from Buy to Neutral
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/15/2025 | $15.00 | Neutral → Buy | DA Davidson |
| 7/29/2024 | $12.00 → $18.00 | Neutral → Buy | DA Davidson |
| 10/27/2023 | Buy → Neutral | BTIG Research | |
| 7/28/2023 | $32.00 → $16.00 | Buy → Neutral | DA Davidson |
| 1/19/2023 | $40.00 | Buy | BTIG Research |
| 7/13/2022 | $32.00 → $38.00 | Neutral → Buy | DA Davidson |
| 4/6/2022 | Buy → Neutral | DA Davidson | |
| 2/25/2022 | $57.00 | Outperform → Strong Buy | Raymond James |
425 - SHYFT GROUP, INC. (0000743238) (Subject)
425 - SHYFT GROUP, INC. (0000743238) (Subject)
425 - SHYFT GROUP, INC. (0000743238) (Subject)
NOVI, Mich., Dec. 30, 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 the appointment of Scott Ocholik, Vice President, Chief Accounting Officer, and Corporate Controller, as Interim Chief Financial Officer, effective January 1, 2025. "Scott has been a key member of our leadership team, and his financial expertise, operational knowledge, and steady leadership make him well-suite
NORTHVILLE, Mich., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced that Jonathan ("Jon") Douyard will join the Company's leadership team as Executive Vice President, Chief Financial Officer and Treasurer, effective January 1, 2025. Douyard will lead all of Gentherm's finance, treasury, investor relations, and IT operations on a global basis, reporting to Gentherm's next President and CEO, Bill Presley. Douyard succeeds Matteo Anversa, who served as CFO until September 2024 when he
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
Significant Scale in Attractive North American Market with Strong European PresenceHighly Complementary Portfolios Create Opportunities to Better Serve Customers and Drive Competitive Growth Expected to Generate 2024E Pro Forma1 Revenue of ~$1.95 Billion2 and Adjusted EBITDA3 of ~$200 Million+ Including SynergiesDrives Significant Shareholder Value with $25 – $30 Million in Expected Synergies4 by Year 2, EPS Accretion in Year 1 and ROIC Greater than Cost of Capital in Year 3 Post Close Barend Fruithof, Current CEO of Aebi Schmidt, Named President and CEO Elect; James Sharman, Current Chairman of Shyft Board, Named Chairman ElectCombined Company will Trade on NASDAQNOVI, Mich. and FRAUENFEL
NOVI, Mich., Oct. 30, 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 December 16, 2024 to shareholders of record as of the close of business on November 15, 2024. About The Shyft Group The Shyft Grou
Expanded gross margin to 20.4%, up 210 basis points year-over-yearBlue Arc Class 4 vehicle now in production with first customer deliveries expected in the fourth quarterMaintained full year 2024 adjusted EBITDA outlook of $45 to $50 million; positioned for significant profit growth in 2025NOVI, Mich., Oct. 24, 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 third quarter ending September 30, 2024.
NOVI, Mich., Jan. 13, 2025 /PRNewswire/ -- The Shyft Group (NASDAQ:SHYF) ("Shyft") today provided supplemental information in a presentation to shareholders regarding its proposed merger with Aebi Schmidt Group ("Aebi Schmidt"), previously announced on December 16, 2024. The presentation focuses on three core areas including: The Strong Long-Term Projected Pro Forma Financial Profile of the Combined Company: Including the pro forma company financial projections that informed the Board as it considered the benefits of this transaction. This includes revenue and adjusted EBITDA
NOVI, Mich., Dec. 30, 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 the appointment of Scott Ocholik, Vice President, Chief Accounting Officer, and Corporate Controller, as Interim Chief Financial Officer, effective January 1, 2025. "Scott has been a key member of our leadership team, and his financial expertise, operational knowledge, and steady leadership make him well-suite
Significant Scale in Attractive North American Market with Strong European PresenceHighly Complementary Portfolios Create Opportunities to Better Serve Customers and Drive Competitive Growth Expected to Generate 2024E Pro Forma1 Revenue of ~$1.95 Billion2 and Adjusted EBITDA3 of ~$200 Million+ Including SynergiesDrives Significant Shareholder Value with $25 – $30 Million in Expected Synergies4 by Year 2, EPS Accretion in Year 1 and ROIC Greater than Cost of Capital in Year 3 Post Close Barend Fruithof, Current CEO of Aebi Schmidt, Named President and CEO Elect; James Sharman, Current Chairman of Shyft Board, Named Chairman ElectCombined Company will Trade on NASDAQNOVI, Mich. and FRAUENFEL
4 - SHYFT GROUP, INC. (0000743238) (Issuer)
4 - SHYFT GROUP, INC. (0000743238) (Issuer)
4 - SHYFT GROUP, INC. (0000743238) (Issuer)
DA Davidson upgraded The Shyft Group from Neutral to Buy and set a new price target of $15.00
DA Davidson upgraded The Shyft Group from Neutral to Buy and set a new price target of $18.00 from $12.00 previously
BTIG Research downgraded The Shyft Group from Buy to Neutral
SC 13G - SHYFT GROUP, INC. (0000743238) (Subject)
SC 13G/A - SHYFT GROUP, INC. (0000743238) (Subject)
SC 13G - SHYFT GROUP, INC. (0000743238) (Subject)
4 - SHYFT GROUP, INC. (0000743238) (Issuer)
4 - SHYFT GROUP, INC. (0000743238) (Issuer)
4 - SHYFT GROUP, INC. (0000743238) (Issuer)