SHYF Stock Recent News
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The Shyft Group (SHYF) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
The registration statement includes combined company pro forma U.S. GAAP revenues of $1.9 billion and adjusted EBITDA of $148 million in 2024 Upon the closing of the proposed merger, the combined company will be named "Aebi Schmidt Group" and listed and traded on Nasdaq under the symbol "AEBI" NOVI, Mich. , April 4, 2025 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft"), the North American leader in specialty vehicle manufacturing, assembly and upfit for the commercial, retail and service specialty vehicle markets announced that Aebi Schmidt Group ("Aebi Schmidt") has filed a registration statement on Form S-4 with the Securities and Exchange Commission ("SEC") relating to their previously announced proposed merger ("Merger").
NOVI, Mich. , March 17, 2025 /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, announced that management will attend the 37th Annual ROTH Conference in Dana Point, California on March 17, 2025 and will be hosting one-on-one meetings with institutional investors.
Reintroducing the Utilimaster Trademaster Service Body and Showcasing the Marketplace Dry Freight Truck to Address Evolving Service and Delivery Needs NOVI, Mich. , March 5, 2025 /PRNewswire/ -- Utilimaster, a go-to-market brand of 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 introduces two purpose-built work truck solutions at NTEA Work Truck Week 2025—the return of the Utilimaster Trademaster Service Body and the debut of the Marketplace Dry Freight Truck.
Marking Five Decades of Purpose-Built Innovation, Performance, and Sustainability Press Conference: March 5, 3:15 PM ET | Booth #2921 Ride & Drive: Blue Arc Class 4 EV | Booth #2927, March 5-6, 11 AM – 3:30 PM NOVI, Mich. , March 3, 2025 /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, will celebrate its 50th anniversary and showcase its latest innovations at NTEA Work Truck Week 2025.
NOVI, Mich. , Feb. 25, 2025 /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 the expansion of its close collaboration with Isuzu North America Corporation, positioning Shyft to grow its business and establish new operations near Isuzu's future production facility in Greenville County, South Carolina.
The Shyft Group, Inc. (NASDAQ:SHYF ) Q4 2024 Earnings Conference Call February 20, 2025 8:30 AM ET Company Participants Randy Wilson - Vice President of Investor Relations & Treasury John Dunn - President and Chief Executive Officer Scott Ocholik - Interim Chief Financial Officer, Chief Accounting Officer, and Corporate Controller Conference Call Participants Matthew Koranda - Roth Capital Partners, LLC Michael Shlisky - D.A. Davidson Companies Tyler DiMatteo - BTIG Operator Good morning, and welcome to The Shyft Group's Fourth Quarter and Full Year 2024 Conference Call and webcast.
The Shyft Group (SHYF) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.16 per share. This compares to loss of $0.03 per share a year ago.
Delivered double-digit Fleet Vehicles and Services (FVS) margins bolstered by operational improvements Strong Specialty Vehicles (SV) margins Successfully shipped Blue Arc™ Class 4 EV trucks to FedEx Provides full-year 2025 sales outlook of $870 to $970 million, up 17% year-over-year at the midpoint Entered into transformative merger agreement with Aebi Schmidt; remains on track to close by mid-2025 NOVI, Mich. , Feb. 20, 2025 /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 fourth quarter and full-year ended December 31, 2024.
NOVI, Mich. , Feb. 14, 2025 /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.