SHYF Shyft Group Inc

The Shyft Group , formerly also known as Spartan Motors, is an American automobile design company that designs, engineers and manufactures specialty chassis, specialty vehicles, truck bodies and aftermarket parts for the recreational vehicle , government services, and delivery and service markets. The company started in 1975 as a direct result of the bankruptcy of Diamond Reo. It is currently based in Charlotte, Michigan and has 2,700 employees. In 1974, Lansing, Michigan-based Diamond Reo Trucks was forced into bankruptcy. Diamond Reo had been the largest customer of the Form-Rite Corporation in Charlotte, Michigan, and Form-Rite was owed a considerable amount of money for plastic parts they had supplied to Reo. During the bankruptcy hearings, Form-Rite president Charles R. McManamey learned of a significant contract that Reo had just won for custom fire truck chassis. From connections made through the hearing, McManamey was able to draw together the additional talent and knowledge required to build such trucks.
Company profile
Ticker
SHYF
Exchange
Website
CEO
Daryl Adams
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Toyota Motor • General Motors • Paccar • Navistar International • XPeng • Li Auto • Oshkosh • NIO • WABCO • Motors Liquidation ...
Former names
SPARTAN MOTORS INC
SEC CIK
Corporate docs
IRS number
382078923
SHYF stock data
()
Press releases
The Shyft Group's DuraMag To Build And Upfit Electric Vehicle Vocational Bodies For FireFly® ESV's, Further Demonstrating Its Service Body Design And Application Flexibility
23 Mar 21
The Shyft Group Recognizes Employees With Additional $500 Cash Bonus Following Robust Year
16 Mar 21
The Shyft Group, Inc. to Host Earnings Call
11 Mar 21
Shyft Group Reports Fourth Quarter and Full-Year 2020 Results
11 Mar 21
The Shyft Group To Showcase Growing Company And Product Portfolio At NTEA's Work Truck Week
5 Mar 21
Calendar
24 Mar 21
21 Apr 21
31 Dec 21
Financial summary
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Financial data from company earnings reports.
Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 21M | 21M | 21M | 21M | 21M | 21M |
Cash burn (monthly) | 7.47M | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) |
Cash used (since last report) | 27.66M | n/a | n/a | n/a | n/a | n/a |
Cash remaining | -6.66M | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | -0.9 | n/a | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Apr 21 | Guillaume Stephen K | Common Stock | Payment of exercise | Dispose F | No | No | 38.1 | 765 | 29.15K | 61,697 |
15 Apr 21 | Heminover Chad M | Common Stock | Payment of exercise | Dispose F | No | No | 38.1 | 878 | 33.45K | 40,208 |
15 Apr 21 | Daryl M Adams | Common Stock | Payment of exercise | Dispose F | No | No | 38.1 | 6,968 | 265.48K | 434,237 |
15 Apr 21 | Daryl M Adams | Common Stock | Sell | Dispose S | No | Yes | 37.9707 | 15,000 | 569.56K | 441,205 |
15 Apr 21 | Roney Ryan L | Common Stock | Payment of exercise | Dispose F | No | No | 38.1 | 685 | 26.1K | 35,847 |
14 Apr 21 | Mascarenas Paul Anthony | Common stock | Grant | Aquire A | No | No | 38.72 | 149 | 5.77K | 41,466 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
13F holders |
Current |
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Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares |
Current |
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Total value | 0 |
Total shares | 0 |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners |
Shares | Value |
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Content analysis
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Readability |
8th grade Avg
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New words:
accessory, adhere, affix, Agency, Aid, alter, announced, appointed, attract, Aug, bargaining, Builtmore, care, CECL, central, challenge, challenging, checklist, choice, cleaning, coast, combustion, cubic, curb, cut, decide, default, delete, demo, deploy, discovered, disinfecting, distancing, Dow, drivability, dry, DuraMag, ease, effort, elevate, embedded, encourage, EPA, evolution, evolve, family, fashion, feedback, format, freezing, Fundamental, guideline, GVWR, headache, health, hire, honesty, ICE, ideal, Inline, insignificant, investigating, investigation, job, journal, Jun, launched, leather, lifetime, lighter, lineup, lock, lose, magnitude, Magnum, Maine, manual, marrying, mathematical, Matrix, McClellan, medium, MFG, MI, mind, NaN, notice, November, outlined, overnight, overstatement, Palm, pandemic, Park, paydown, payroll, philosophy, plate, powertrain, procedure, propulsion, punctuated, put, radio, rapid, reconfigure, recycle, refundable, reinforce, Relief, remote, repeated, repository, reside, seller, senior, Sep, setup, shortened, shut, SHYF, shyft, social, SOFR, Southwestern, specialist, spread, Sprinter, strain, subscribe, suspended, SV, Taxonomy, temporarily, threshold, transformation, tread, Trump, trustee, undergoing, unequaled, unobservable, unreconciled, vaccine, visitor, Waterville, West, wheel, woodgrain, workplace
Removed:
acceleration, accessible, Accuride, aged, alliance, Andrew, antidilutive, automotive, broken, Bulletin, bus, calling, concept, contracted, crew, DC, defense, differentiated, Disc, domestic, drill, earliest, EPS, exit, flat, fulfilment, greatest, impacting, inactive, indefinitely, initiative, intercompany, ladder, lessee, Metromaster, military, modular, notably, NW, occurred, online, passenger, portfolio, Postal, productive, professional, question, recur, refer, rental, repeal, robust, Rooke, Room, Schultz, shuttle, SPAR, streamline, Twin, uncollectable, versatile, waiver
Financial reports
10-K
2020 FY
Annual report
24 Mar 21
NT 10-K
Notice of late annual filing
17 Mar 21
10-Q
2020 Q3
Quarterly report
5 Nov 20
10-Q
2020 Q2
Quarterly report
6 Aug 20
10-Q
2020 Q1
Quarterly report
7 May 20
10-K
2019 FY
Annual report
16 Mar 20
10-Q
2019 Q3
Quarterly report
12 Nov 19
10-Q
2019 Q2
Quarterly report
1 Aug 19
10-Q
2019 Q1
Quarterly report
2 May 19
10-K
2018 FY
Annual report
5 Mar 19
Current reports
8-K
Shyft Group Reports Fourth Quarter and Full-Year 2020 Results
11 Mar 21
8-K
Departure of Directors or Certain Officers
4 Jan 21
8-K
The Shyft Group Appoints Michael Dinkins
1 Dec 20
8-K
Amendments to Articles of Incorporation or Bylaws
12 Nov 20
8-K
The Shyft Group Posts Strong Third Quarter Results
5 Nov 20
8-K
Departure of Directors or Certain Officers
11 Aug 20
8-K
The Shyft Group Reports Second Quarter Results
6 Aug 20
8-K
Departure of Directors or Certain Officers
22 Jul 20
8-K
Departure of Directors or Certain Officers
24 Jun 20
8-K
Regulation FD Disclosure
1 Jun 20
Registration and prospectus
S-8
Registration of securities for employees
15 Apr 21
S-8 POS
Registration of securities for employees (post-effective amendment)
2 Nov 16
S-8
Registration of securities for employees
11 Sep 16
S-8 POS
Registration of securities for employees (post-effective amendment)
16 Jun 13
S-8
Registration of securities for employees
12 Sep 12
S-8
Registration of securities for employees
29 Sep 11
REGDEX
Notice of sale of securities
13 Dec 07
S-8
Registration of securities for employees
23 Aug 07
8-A12B
Registration of securities on exchange
9 Jul 07
S-8
Registration of securities for employees
29 Jun 05
Proxies
DEFA14A
Additional proxy soliciting materials
9 Apr 21
DEF 14A
Definitive proxy
9 Apr 21
DEF 14A
Definitive proxy
10 Apr 20
PRE 14A
Preliminary proxy
31 Mar 20
DEF 14A
Definitive proxy
19 Apr 19
DEF 14A
Definitive proxy
11 Apr 18
DEFA14A
Additional proxy soliciting materials
11 Apr 18
DEF 14A
Definitive proxy
12 Apr 17
DEFA14A
Additional proxy soliciting materials
12 Apr 17
PRE 14A
Preliminary proxy
2 Apr 17
Other
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
31 May 18
UPLOAD
Letter from SEC
14 Dec 17
CORRESP
Correspondence with SEC
6 Dec 17
UPLOAD
Letter from SEC
13 Nov 17
SD
Conflict minerals disclosure
29 May 17
SD
Conflict minerals disclosure
26 May 16
SD
Conflict minerals disclosure
27 May 15
SD
Conflict minerals disclosure
28 May 14
Ownership
4
SHYFT / RYAN L RONEY ownership change
16 Apr 21
4
SHYFT / Daryl M Adams ownership change
16 Apr 21
4
SHYFT / Chad M Heminover ownership change
16 Apr 21
4
SHYFT / STEPHEN K GUILLAUME ownership change
16 Apr 21
4
SHYFT / PAUL ANTHONY MASCARENAS ownership change
15 Apr 21
4
SHYFT / TODD A HEAVIN ownership change
1 Apr 21
4
SHYFT / STEPHEN K GUILLAUME ownership change
1 Apr 21
4
SHYFT / Chad M Heminover ownership change
1 Apr 21
4
SHYFT / RYAN L RONEY ownership change
1 Apr 21
4
SHYFT / Jonathan C Douyard ownership change
1 Apr 21
Patents
GRANT
Utility
Throttle filter system and method
28 Oct 19
A method of filtering a targeted frequency from a pedal input signal is provided.
APP
Utility
Narrow Door Vehicle Sling Bag Track System
16 Oct 19
A cargo vehicle is provided that includes a cargo area with a rail assembly located in the cargo area.
APP
Utility
Ergonomic Scba Holder
16 Oct 19
Embodiments of a storage compartment for self-contained breathing apparatuses (SCBA) are provided.
GRANT
Utility
Ergonomic hose load platform
14 Oct 19
An ergonomic hose load platform for a fire fighting vehicle is provided.
Reddit threads
Daily Discussion Thread - March 11th, 2021
11 Mar 21
Daily Discussion Thread - March 10th, 2021
10 Mar 21
Daily Discussion Thread - March 9th, 2021
9 Mar 21
What stocks crashed due to the pandemic but haven’t recovered yet aka meaning they are still a good buy?
8 Mar 21
Daily Discussion Thread - March 8th, 2021
8 Mar 21
Daily Discussion Thread - February 24th, 2021
24 Feb 21
Daily Discussion Thread - February 23rd, 2021
23 Feb 21
Daily Discussion Thread - February 22nd, 2021
22 Feb 21
Which EV shares will 🚀🚀🚀🚀 in 2021 and which are not? (including SPACs)
27 Jan 21
Daily Discussion Thread - November 17th, 2020
17 Nov 20