SHYF Shyft Group Inc Dashboard

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

NASDAQ

Website

theshyftgroup.com/

CEO

Daryl Adams

Incorporated

Michigan

Location

Michigan

Fiscal year end

Dec 31

Sector

Manufacturing > Heavy Duty Truck Manufacturing

Industry (SIC)

Motor Vehicles & Passenger Car Bodies

Toyota Motor • General Motors • Paccar • Navistar International • XPeng • Li Auto • Oshkosh • NIO • WABCO • Motors Liquidation ...

Former names

SPARTAN MOTORS INC

SEC CIK

0000743238

Corporate docs

Articles of Incorporation & Bylaws

IRS number

382078923

SHYF stock data

S&P 500

1M 1Y 2Y 5Y

News

Pro users get this 30m faster

Stocks That Hit 52-Week Highs On Monday

15 Mar 21

On Monday morning, 415 companies achieved new highs for the year.

Stocks That Hit 52-Week Highs On Friday

12 Mar 21

Before 10 a.m. ET on Friday, 571 companies hit new 52-week highs.

Raymond James Maintains Outperform on The Shyft Group, Raises Price Target to $42

12 Mar 21

Raymond James maintains The Shyft Group (NASDAQ:SHYF) with a Outperform and raises the price target from $34 to $42.

Stocks That Hit 52-Week Highs On Thursday

11 Mar 21

Recap: Shyft Group Q4 Earnings

11 Mar 21

Press releases

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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

WATERVILLE, Maine, March 23, 2021 /PRNewswire/ -- DuraMag, a go-to-market brand of The Shyft Group's Specialty Vehicles business unit (NASDAQ: SHYF) ("Shyft" or the "Company"), North America's

The Shyft Group Recognizes Employees With Additional $500 Cash Bonus Following Robust Year

16 Mar 21

NOVI, Mich., March 16, 2021 /PRNewswire/ -- The Shyft Group (NASDAQ:SHYF) ("Shyft" or the "Company"), North America's leader in specialty vehicle manufacturing, assembly, and upfit for

The Shyft Group, Inc. to Host Earnings Call

11 Mar 21

NEW YORK, NY / ACCESSWIRE / March 11, 2021 / The Shyft Group, Inc. (NASDAQ:SHYF) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on March 11, 2021 at 10:00 AM Eastern

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

Financial statements Chart SHYF financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

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

Beta Read what these cash burn values mean

Recent insider trades

SHYF insider ownership history Insider history

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

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

SHYF institutional ownership history Ownership history

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	Prev Q	Change
Total holders	0	0
Opened positions	0	0
Closed positions	0	2	EXIT
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	0	0
Total shares	0	0
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change

Largest transactions	Shares	Bought/sold	Change

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Oshkosh • REV

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

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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

From filing 10-K 2020 FY