The Shyft Group (SHYF)

• Market cap: $390M
• 1 day: -9.92%
• 5 days: -6.21%
• 1 month: -11.28%
• 3 months: -15.89%
• 6 months: -15.76%
• Year to date: 0.45%
• 1 year: 1.55%
• 5 years: -39.65%
• 10 years: 112.76%
• Sector: Consumer Discretionary
• Industry: Motor Vehicles & Passenger Car Bodies

About: The Shyft Group Inc is engaged in specialty vehicle manufacturing and assembly for commercial vehicles (including last-mile delivery, specialty service, and vocation-specific upfit segments) and recreational vehicle industries. Its products include walk-in vans, truck bodies, cargo vans, and pick-up truck upfits used in e-commerce/parcel delivery, upfit equipment used in the mobile retail and utility trades, as well as luxury Class A diesel motorhome custom chassis and contract manufacturing and assembly services. It also supplies replacement parts and offers repair, maintenance, field service, and refurbishment services for the vehicles that the company manufactures.

Employees: 3,000

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

340% more call options, than puts

Call options by funds: $22K | Put options by funds: $5K

6% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 18

2% less funds holding

Funds holding: 148 [Q3] → 145 (-3) [Q4]

2.72% less ownership

Funds ownership: 85.76% [Q3] → 83.04% (-2.72%) [Q4]

9% less capital invested

Capital invested by funds: $371M [Q3] → $336M (-$35.1M) [Q4]

12% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 50

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $15 34% upside
• Avg. target: $15.50 39% upside
• High target: $16 43% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

DA Davidson Michael Shlisky 44% 1-year accuracy 12 / 27 met price target	34% upside $15	Buy Upgraded	15 Jan 2025
Roth MKM Matt Koranda 39% 1-year accuracy 11 / 28 met price target	43% upside $16	Buy Maintained	17 Dec 2024