Spartan RV Chassis is a part of The Shyft Group family of brands. The Shyft Group is the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets. Its customers include first-to-last mile delivery companies across vocations, federal, state, and local government entities; the trades; and utility and infrastructure segments. The Shyft Group is organized into two core business units: Shyft Fleet Vehicles & Services and Shyft Specialty Vehicles. Today, its family of brands include Utilimaster, Royal Truck Body, DuraMag and Magnum, Strobes-R-Us, Spartan RV Chassis, Builtmore Contract manufacturing, and corresponding aftermarket provisions. The Shyft Group and its go-to-market brands are well known in their respective industries for quality, durability, and first-to-market innovation. The Company employs approximately 2,900 associates across campuses, and operates facilities in Michigan, Indiana, Maine, Pennsylvania, South Carolina, Florida, Missouri, California, Arizona, Texas, and Saltillo, Mexico. The Company reported sales from continuing operations of $757 million in 2019.

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 • Rivian Automotive • NIO • Oshkosh • WABCO ...
Former names
SPARTAN MOTORS INC
SEC CIK
Corporate docs
Subsidiaries
The Shyft Group USA, Inc. • Utilimaster Services, LLC (Indiana limited • The Shyft Group • Fortress Resources, LLC (California limited • Royal at McClellan Park LLC (Michigan limited • The Shyft Group DuraMag LLC (Michigan limited ...
IRS number
382078923
SHYF stock data
News

Monday Is Your Last Chance To Buy Shyft Group Before The Dividend Payout
11 Aug 22
The Shyft Group's Return on Invested Capital Insights
3 Aug 22
Raymond James Maintains Strong Buy on Shyft Group, Raises Price Target to $32
29 Jul 22
Recap: Shyft Group Q2 Earnings
28 Jul 22
The Shyft Group Q2 Adj. EPS $0.21 Beats $0.18 Estimate, Sales $232.20M Beat $223.02M Estimate
28 Jul 22
Press releases
The Shyft Group Announces Quarterly Dividend
5 Aug 22
The Shyft Group Reports Second Quarter 2022 Results
28 Jul 22
The Shyft Group Debuts the Power Cube™: A Portable, Sustainable EV Charging Solution
21 Jul 22
The Shyft Group to Announce Second Quarter 2022 Financial Results on July 28
14 Jul 22
EY Announces Daryl Adams of The Shyft Group as an Entrepreneur Of The Year® 2022 Michigan and Northwest Ohio Award Winner
24 Jun 22
Analyst ratings and price targets
Current price
Average target
$35.00
Low target
$32.00
High target
$38.00
Raymond James
Maintains
$32.00
DA Davidson
Upgraded
$38.00
Calendar
28 Jul 22
13 Aug 22
31 Dec 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 6.61M | 6.61M | 6.61M | 6.61M | 6.61M | 6.61M |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | 2.96M | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | n/a | 4.32M | n/a |
Cash remaining | n/a | n/a | n/a | n/a | 2.29M | n/a |
Runway (months of cash) | n/a | n/a | n/a | n/a | 0.8 | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
4 Aug 22 | Joshua A Sherbin | Common Stock | Grant | Acquire A | No | No | 21.91 | 11,412 | 250.04K | 25,247 |
4 Aug 22 | Jonathan C Douyard | Common Stock | Grant | Acquire A | No | No | 21.91 | 14,835 | 325.03K | 48,625 |
4 Aug 22 | Guillaume Stephen K | Common Stock | Grant | Acquire A | No | No | 21.91 | 11,412 | 250.04K | 78,014 |
4 Aug 22 | Colin E Hindman | Common Stock | Grant | Acquire A | No | No | 21.91 | 11,412 | 250.04K | 34,656 |
Institutional ownership, Q1 2022
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0 |
Total shares | 0 |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Good
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New words:
GVWR, lineup, maneuverability, Polyeurea, Promaster, RAM, span
Financial reports
Current reports
8-K
Departure of Directors or Certain Officers
10 Aug 22
8-K
Departure of Directors or Certain Officers
3 Aug 22
8-K
The Shyft Group Reports Second Quarter 2022 Results
28 Jul 22
8-K
Submission of Matters to a Vote of Security Holders
20 May 22
8-K
The Shyft Group Posts First Quarter 2022 Results
28 Apr 22
8-K
Carl Esposito Joins Shyft Group’s Board of Directors
14 Mar 22
8-K
The Shyft Group Reports Fourth Quarter and Full-Year 2021 Results
24 Feb 22
8-K
Other Events
22 Feb 22
8-K
Entry into a Material Definitive Agreement
1 Dec 21
8-K
The Shyft Group Reports Record Third Quarter Results
4 Nov 21
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
Other
SD
Conflict minerals disclosure
25 May 22
SD
Conflict minerals disclosure
27 May 21
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
Ownership
4
SHYFT / Colin E Hindman ownership change
5 Aug 22
4
SHYFT / STEPHEN K GUILLAUME ownership change
5 Aug 22
4
SHYFT / Jonathan C Douyard ownership change
5 Aug 22
4
SHYFT / Joshua A Sherbin ownership change
5 Aug 22
3
SHYFT / Colin E Hindman ownership change
29 Jul 22
3
SHYFT / Scott Matthew Ocholik ownership change
29 Jul 22
4
SHYFT / Carl A. Esposito ownership change
14 Jul 22
4
SHYFT / PAUL ANTHONY MASCARENAS ownership change
14 Jul 22
4
SHYFT / Thomas R Clevinger ownership change
20 May 22
4
SHYFT / MICHAEL DINKINS ownership change
20 May 22
Patents
Utility
Vehicle Conveyor System
10 Feb 22
An illustrative embodiment of a vehicle having a cargo area and a cab area is provided, wherein the cargo area may include a conveyor assembly.
Utility
Vehicle conveyor system
23 Nov 21
An illustrative embodiment of a vehicle having a cargo area and a cab area is provided, wherein the cargo area may include a conveyor assembly.
Utility
Keyless Access for Commercial Vehicles
28 Oct 21
A commercial vehicle used for parcel delivery is installed with a control module.
Utility
Shelving System
7 Oct 21
A modular shelving unit includes a base plate that is planar in an expanded configuration.
Utility
Electronic Central Locking System for Truck Service Body
2 Sep 21
A locking system is installed inside a truck work body such as a service body.
Transcripts
2022 Q2
Earnings call transcript
28 Jul 22
2022 Q1
Earnings call transcript
30 Apr 22
2021 Q4
Earnings call transcript
26 Feb 22
2021 Q3
Earnings call transcript
6 Nov 21
2021 Q2
Earnings call transcript
8 Aug 21
2021 Q1
Earnings call transcript
8 May 21
2020 Q4
Earnings call transcript
11 Mar 21
2020 Q3
Earnings call transcript
8 Nov 20
2020 Q2
Earnings call transcript
9 Aug 20
Reddit threads
What Are Your Moves Tomorrow - August 08, 2022
7 Aug 22
Daily Discussion Thread - July 28th, 2022
28 Jul 22
Daily Discussion Thread - July 27th, 2022
27 Jul 22
Daily Discussion Thread - July 26th, 2022
26 Jul 22
Daily Discussion Thread - July 25th, 2022
25 Jul 22
Daily Discussion Thread - May 16th, 2022
16 May 22
Daily Discussion Thread - May 13th, 2022
13 May 22
Daily Discussion Thread - April 28th, 2022
28 Apr 22
Daily Discussion Thread - April 27th, 2022
27 Apr 22
Daily Discussion Thread - April 26th, 2022
26 Apr 22