The Shyft Group, Inc. (SHYF) Stock Analysis
DELISTED 2025
What happened to The Shyft Group, Inc. (SHYF) stock?
The Shyft Group, Inc. (SHYF) no longer trades on public markets. It was delisted in June 2025. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
The Shyft Group, Inc. (SHYF) trades at $12.54. The Shyft Group, Inc. manufactures and assembles specialty vehicles for the commercial and recreational vehicle industries. Market cap: $439M, Sector: Industrials.
Last analyzed: May 5, 2026Analyst Coverage for SHYF: SHYF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates SHYF against Industrials peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
SHYF: 2/2 scored disciplines lean bearish. Dominant signal: Moon AI bearish.
How is this calculated? →The Shyft Group, Inc. (SHYF) Industrial Operations Profile
The Shyft Group, Inc. specializes in manufacturing and assembling specialty vehicles for commercial and recreational sectors, operating through Fleet Vehicles and Services, and Specialty Vehicles segments. Its focus on e-commerce delivery vehicles and luxury motor home chassis positions it uniquely within the industrial sector.
What Is the Investment Thesis for SHYF?
The Shyft Group presents a mixed investment thesis. While the company operates in growing sectors like e-commerce delivery vehicles, its negative profit margin of -1.2% raises concerns about profitability. The company's focus on specialty vehicles and upfitting services provides differentiation. The dividend yield of 0.40% may attract income-focused investors. The high beta of 1.94 indicates significant volatility relative to the market. Growth catalysts include expanding its market share in the last-mile delivery sector and leveraging its upfitting services. However, potential risks include fluctuating raw material costs and economic downturns affecting commercial and recreational vehicle demand.
Based on FMP financials and quantitative analysis
SHYF Key Highlights
The Shyft Group operates in two segments: Fleet Vehicles and Services, and Specialty Vehicles.
- The company's Fleet Vehicles and Services segment caters to the growing e-commerce and last-mile delivery market.
- The Specialty Vehicles segment focuses on luxury class A diesel motor home chassis and truck bodies.
- The Shyft Group provides aftermarket support, including parts sales and field services.
- The company's dividend yield is 0.40%.
Who Are SHYF's Competitors?
SHYF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| WGO Winnebago Industries, Inc. | $31.97 | -2.71% | $904M | 66 |
| THO Thor Industries, Inc. | $78.94 | -1.41% | $4.11B | 56 |
| REV Revlon, Inc. | $3.90 | +0.00% | 46 | |
| HY Hyster-Yale Materials Handling, Inc. | $32.93 | -0.81% | $586M | 42 |
| MTW The Manitowoc Company, Inc. | $19.09 | -0.47% | $686M | 77 |
| GENC Gencor Industries, Inc. | $19.03 | -0.47% | $279M | 87 |
| QGLHF Qingling Motors Co., Ltd. | $0.11 | +0.00% | $273M | 43 |
| ASTE Astec Industries, Inc. | $41.87 | +0.38% | $963M | 57 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are SHYF's Key Strengths?
Diverse product portfolio serving both commercial and recreational markets.
- Established brands and reputation in the industry.
- Specialized upfitting services provide differentiation.
- Aftermarket support and parts sales generate recurring revenue.
What Are SHYF's Weaknesses?
Negative profit margin indicates profitability challenges.
- High beta suggests significant market volatility.
- Dependence on economic conditions affecting vehicle demand.
- Potential for fluctuations in raw material costs.
What Could Drive SHYF Stock Higher?
Expansion of upfitting services to new industries and applications.
- Development of new electric vehicle (EV) models for commercial applications.
- Potential government incentives for electric vehicle adoption.
- Strategic partnerships to expand market reach and product offerings.
What Are the Key Risks for SHYF?
Negative return on equity (-1.1%) — the business is not currently generating profit on shareholder capital.
- Economic downturns affecting commercial and recreational vehicle demand.
- Fluctuations in raw material costs, such as steel and aluminum.
- Increased competition from established and emerging vehicle manufacturers.
- Changes in government regulations and environmental standards.
- Supply chain disruptions affecting production and delivery timelines.
What Are the Growth Opportunities for SHYF?
- Expansion in the E-commerce Delivery Vehicle Market: The increasing demand for e-commerce and last-mile delivery services presents a significant growth opportunity for The Shyft Group. By focusing on developing and marketing innovative and efficient delivery vehicles, the company can capture a larger share of this rapidly expanding market. Timeline: Ongoing.
- Leveraging Upfitting Services: The Shyft Group's upfitting services provide a valuable revenue stream and enhance customer relationships. By expanding its upfitting capabilities and offering customized solutions for various industries, the company can attract new customers and increase its market share. The market for vehicle upfitting services is growing as businesses seek to optimize their fleets for specific applications. Timeline: Ongoing.
- Geographic Expansion: Expanding into new geographic markets can drive growth for The Shyft Group. By targeting regions with strong demand for commercial and recreational vehicles, the company can increase its sales and revenue. Emerging markets with growing economies and increasing urbanization present particularly attractive opportunities. Timeline: 2-3 years.
- Product Innovation: Investing in research and development to create new and innovative products can provide a competitive advantage for The Shyft Group. By developing vehicles with advanced features, improved efficiency, and enhanced safety, the company can attract customers and increase its market share. The market for innovative vehicle technologies is growing rapidly as customers seek solutions that meet their evolving needs. Timeline: Ongoing.
- Strategic Partnerships and Acquisitions: Forming strategic partnerships and acquiring complementary businesses can accelerate growth for The Shyft Group. By partnering with other companies in the automotive and technology sectors, the company can expand its product offerings and reach new customers. Acquisitions can provide access to new markets, technologies, and talent. Timeline: Ongoing.
What Are SHYF's Competitive Advantages?
- Established brands in the commercial and recreational vehicle markets.
- Specialized upfitting services provide a competitive advantage.
- Diverse product portfolio serving multiple industries.
- Strong relationships with OEMs and dealers.
What Does SHYF Do?
The Shyft Group, Inc., originally incorporated in 1975 as Spartan Motors, Inc., underwent a strategic rebranding in June 2020 to better reflect its evolving business model. Headquartered in Novi, Michigan, the company focuses on the manufacturing and assembly of specialty vehicles, catering to both the commercial and recreational vehicle industries. The Shyft Group operates through two primary segments: Fleet Vehicles and Services, and Specialty Vehicles. The Fleet Vehicles and Services segment produces commercial vehicles tailored for e-commerce/last mile/parcel delivery, beverage and grocery delivery, laundry and linen services, mobile retail, and trades and construction. These vehicles are marketed under brands such as Aeromaster, Velocity, Trademaster, and Utilivan. This segment also provides vocation-specific equipment upfit services under the Utilimaster Upfit Services and Strobes-R-Us brands, including interior and exterior up-fit equipment for various vehicle types, along with aftermarket support. The Specialty Vehicles segment engineers and manufactures luxury class A diesel motor home chassis, and produces truck bodies under the Royal Truck Body and DuraMag brands. It also offers final assembly services for Isuzu N-gas and F-series chassis under the Builtmore Contract Manufacturing brand, and custom lighting and upfit solutions. Additionally, this segment provides truck accessories under the Magnum brand, along with parts, accessories, maintenance, and repair services for its motorhome and specialty chassis. The Shyft Group sells its products to a diverse customer base, including commercial users, original equipment manufacturers, dealers, individuals, municipalities, and other government entities, both in the United States and internationally.
What Products and Services Does SHYF Offer?
- Manufactures commercial vehicles for e-commerce/last mile/parcel delivery.
- Produces recreational vehicles, including luxury class A diesel motor home chassis.
- Offers vocation-specific equipment upfit services.
- Installs specialty interior and exterior up-fit equipment.
- Provides aftermarket support, including parts sales and field services.
- Manufactures truck bodies under the Royal Truck Body and DuraMag brands.
- Designs and installs custom lighting and upfit solutions.
How Does SHYF Make Money?
- Manufacturing and selling commercial and recreational vehicles.
- Providing upfitting services for commercial vehicles.
- Offering aftermarket support and parts sales.
- Providing final assembly services for Isuzu chassis.
What Industry Does SHYF Operate In?
The Shyft Group operates within the industrial sector, specifically in the agricultural machinery industry, which is experiencing growth due to increasing demand for specialized vehicles in e-commerce and recreational sectors. The market is competitive, with several players offering similar products and services. The Shyft Group differentiates itself through its focus on upfitting services and its diverse product portfolio, serving both commercial and recreational markets. The company's success depends on its ability to innovate, manage costs, and maintain strong relationships with its customers and suppliers.
Who Are SHYF's Key Customers?
- Commercial users in e-commerce, delivery, and service industries.
- Original equipment manufacturers (OEMs).
- Dealers of commercial and recreational vehicles.
- Individuals purchasing recreational vehicles.
- Municipalities and other government entities.
Company Profile
The Shyft Group, Inc. operates in the Agricultural - Machinery industry within the Industrials sector. It is headquartered in Novi, US. The company is led by CEO John A. Dunn. SHYF has traded publicly since 1984.
Financial Health
The Shyft Group, Inc.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 2.83 places it in the grey zone, a middle ground that warrants monitoring.
Key Financial Metrics
Return on equity for The Shyft Group, Inc. stands at -1.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -0.5%, showing how much profit it generates from its asset base. Its free cash flow yield is 3.7%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.63 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -0.6%, the inverse of the P/E and a quick read on earnings relative to price.
SHYF Valuation & Market Position
With a $439M market cap, The Shyft Group, Inc. sits in the small-cap segment of the market.
Forward Outlook
Wall Street analysts project The Shyft Group, Inc. revenue of about $959.7M for fiscal 2026, with EPS near $1.16. The estimate reflects 3 contributing analysts.
SHYF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2024
Bull Case vs Bear Case
Bull Case
- Diverse product portfolio serving both commercial and recreational markets.
- Established brands and reputation in the industry.
- Specialized upfitting services provide differentiation.
- Aftermarket support and parts sales generate recurring revenue.
Bear Case
- Negative profit margin indicates profitability challenges.
- High beta suggests significant market volatility.
- Dependence on economic conditions affecting vehicle demand.
- Potential for fluctuations in raw material costs.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
SHYF Latest News
No recent news available for SHYF.
Leadership: John A. Dunn
CEO
John A. Dunn serves as the CEO of The Shyft Group, Inc. His background encompasses extensive experience in the manufacturing and automotive industries. Dunn's career includes leadership roles focused on operational excellence, strategic planning, and business development. He has a proven track record of driving growth and improving profitability in complex organizations. His expertise spans various areas, including supply chain management, product development, and customer relationship management.
Track Record: Under John A. Dunn's leadership, The Shyft Group has focused on expanding its presence in the e-commerce delivery vehicle market and enhancing its upfitting services. Key milestones include strategic investments in product innovation and geographic expansion. Dunn has also emphasized operational efficiency and cost management to improve the company's financial performance.
SHYF Industrials Stock FAQ
What happened to The Shyft Group, Inc. (SHYF) stock?
The Shyft Group, Inc. (SHYF) no longer trades on public markets. It was delisted in June 2025. The figures below are historical and are not a current quote.
Can I still buy SHYF shares?
No. SHYF stopped trading on public markets in June 2025, so the shares are not available through a broker. Anything you see quoted for SHYF elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before SHYF stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to The Shyft Group, Inc.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does The Shyft Group, Inc. do?
The Shyft Group, Inc. manufactures and assembles specialty vehicles for the commercial and recreational vehicle industries. It operates through two segments: Fleet Vehicles and Services, which produces vehicles for e-commerce delivery and other commercial applications, and Specialty Vehicles, which focuses on luxury motor home chassis and truck bodies. The company also provides upfitting services and aftermarket support, serving a diverse customer base including commercial users, OEMs, and individuals.
What do analysts say about SHYF stock?
Analyst consensus on SHYF stock is mixed, reflecting the company's unique position in the specialty vehicle market and its recent financial performance. Key valuation metrics include its market capitalization of $439M and its negative profit margin of -1.2%.
What are the main risks for SHYF?
The main risks for The Shyft Group include economic downturns affecting demand for commercial and recreational vehicles, fluctuations in raw material costs, and increased competition from other vehicle manufacturers. Additionally, changes in government regulations and environmental standards could impact the company's operations and profitability. Supply chain disruptions also pose a risk to production and delivery timelines.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.
- Financial metrics are as of the latest available reporting period.