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Shyft Earnings Estimate

SHYF Stock  USD 12.27  0.11  0.90%   
The next projected EPS of Shyft is estimated to be 0.09 with future projections ranging from a low of 0.03 to a high of 0.2. Shyft's most recent 12-month trailing earnings per share (EPS TTM) is at 0.0. Please be aware that the consensus of earnings estimates for Shyft Group is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Shyft is projected to generate 0.09 in earnings per share on the 30th of June 2024. Shyft earnings estimates module stress-tests analyst consensus about projected Shyft Group EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Shyft, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Shyft Revenue Breakdown by Earning Segment

By analyzing Shyft's earnings estimates, investors can diagnose different trends across Shyft's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Shyft's Gross Profit is most likely to increase significantly in the upcoming years. The Shyft's current Gross Profit Margin is estimated to increase to 0.18, while Pretax Profit Margin is projected to decrease to 0.0008.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shyft Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Shyft Earnings Estimation Breakdown

The calculation of Shyft's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Shyft is estimated to be 0.09 with the future projection ranging from a low of 0.03 to a high of 0.2. Please be aware that this consensus of annual earnings estimates for Shyft Group is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
-0.04
0.03
Lowest
Expected EPS
0.09
0.20
Highest

Shyft Earnings Projection Consensus

Suppose the current estimates of Shyft's value are higher than the current market price of the Shyft stock. In this case, investors may conclude that Shyft is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Shyft's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 30th of June 2024Current EPS (TTM)
075.68%
-0.04
0.09
0.0

Shyft Earnings History

Earnings estimate consensus by Shyft Group analysts from Wall Street is used by the market to judge Shyft's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Shyft's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Shyft Quarterly Gross Profit

34.06 Million

At this time, Shyft's Retained Earnings are most likely to increase significantly in the upcoming years. The Shyft's current Price Earnings Ratio is estimated to increase to 68.58, while Retained Earnings Total Equity is projected to decrease to roughly 167.3 M. The Shyft's current Common Stock Shares Outstanding is estimated to increase to about 35.1 M. The Shyft's current Net Income Applicable To Common Shares is estimated to increase to about 44.1 M.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Shyft's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
9.4012.2515.10
Details
Intrinsic
Valuation
LowRealHigh
11.0415.9218.77
Details
Naive
Forecast
LowNextHigh
9.8012.6515.50
Details
4 Analysts
Consensus
LowTargetHigh
16.3818.0019.98
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of Shyft assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Shyft. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Shyft's stock price in the short term.

Shyft Earnings per Share Projection vs Actual

Actual Earning per Share of Shyft refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Shyft Group predict the company's earnings will be in the future. The higher the earnings per share of Shyft, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Shyft Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Shyft, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Shyft should always be considered in relation to other companies to make a more educated investment decision.

Shyft Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Shyft's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-04-25
2024-03-31-0.17-0.040.1376 
2024-02-22
2023-12-31-0.04-0.030.0125 
2023-10-26
2023-09-300.080.190.11137 
2023-07-27
2023-06-300.210.250.0419 
2023-04-27
2023-03-310.040.120.08200 
2023-02-23
2022-12-310.450.580.1328 
2022-10-27
2022-09-300.440.530.0920 
2022-07-28
2022-06-300.180.210.0316 
2022-04-28
2022-03-31-0.07-0.060.0114 
2022-02-24
2021-12-310.470.560.0919 
2021-11-04
2021-09-300.540.630.0916 
2021-08-05
2021-06-300.530.530.0
2021-05-06
2021-03-310.330.360.03
2021-03-11
2020-12-310.260.270.01
2020-11-05
2020-09-300.390.620.2358 
2020-08-06
2020-06-300.150.13-0.0213 
2020-05-07
2020-03-310.250.320.0728 
2020-03-12
2019-12-310.360.470.1130 
2019-10-31
2019-09-300.270.350.0829 
2019-08-01
2019-06-300.140.150.01
2019-05-02
2019-03-310.030.040.0133 
2019-02-28
2018-12-310.050.10.05100 
2018-10-31
2018-09-300.250.17-0.0832 
2018-08-02
2018-06-300.120.120.0
2018-05-03
2018-03-310.050.090.0480 
2018-03-01
2017-12-310.090.110.0222 
2017-11-01
2017-09-300.240.21-0.0312 
2017-08-02
2017-06-300.060.070.0116 
2017-05-04
2017-03-310.040.040.0
2017-02-23
2016-12-310.020.040.02100 
2016-11-03
2016-09-300.070.10.0342 
2016-08-04
2016-06-300.080.190.11137 
2016-05-04
2016-03-31-0.040.030.07175 
2016-02-25
2015-12-31-0.03-0.05-0.0266 
2015-11-05
2015-09-300.07-0.1717-0.2417345 
2015-08-05
2015-06-300.010.050.04400 
2015-05-05
2015-03-31-0.06-0.09-0.0350 
2015-02-24
2014-12-31-0.03-0.0040.02686 
2014-10-30
2014-09-300.050.10.05100 
2014-08-05
2014-06-30-0.020.010.03150 
2014-05-07
2014-03-31-0.04-0.06-0.0250 
2014-02-11
2013-12-310.050.070.0240 
2013-10-29
2013-09-300.080.02-0.0675 
2013-08-01
2013-06-300.020.020.0
2013-05-08
2013-03-31-0.04-0.040.0
2013-02-12
2012-12-310.030.01-0.0266 
2012-10-30
2012-09-300.060.02-0.0466 
2012-08-02
2012-06-300.020.080.06300 
2012-05-01
2012-03-310.020.040.02100 
2012-02-14
2011-12-310.040.02-0.0250 
2011-10-26
2011-09-300.030.10.07233 
2011-07-26
2011-06-30-0.02-0.07-0.05250 
2011-04-26
2011-03-310.02-0.03-0.05250 
2011-02-15
2010-12-310.090.110.0222 
2010-10-28
2010-09-300.080.110.0337 
2010-07-23
2010-06-300.040.03-0.0125 
2010-04-27
2010-03-310.021.0E-4-0.019999 
2010-02-18
2009-12-310.020.01-0.0150 
2009-10-22
2009-09-300.040.040.0
2009-07-23
2009-06-300.160.160.0
2009-04-28
2009-03-310.070.190.12171 
2009-02-19
2008-12-310.110.09-0.0218 
2008-10-23
2008-09-300.20.450.25125 
2008-07-24
2008-06-300.390.32-0.0717 
2008-04-24
2008-03-310.280.450.1760 
2008-02-14
2007-12-310.190.250.0631 
2007-10-25
2007-09-300.230.08-0.1565 
2007-07-26
2007-06-300.220.2-0.02
2007-05-01
2007-03-310.20.220.0210 
2007-02-15
2006-12-310.120.170.0541 
2006-10-26
2006-09-300.160.13-0.0318 
2006-07-27
2006-06-300.110.170.0654 
2006-04-27
2006-03-310.070.160.09128 
2005-10-27
2005-09-300.10.09-0.0110 
2005-07-28
2005-06-300.080.090.0112 
2005-04-28
2005-03-310.040.070.0375 
2005-02-17
2004-12-310.060.01-0.0583 
2004-10-28
2004-09-300.10.07-0.0330 
2004-07-29
2004-06-300.060.080.0233 
2004-04-28
2004-03-310.070.05-0.0228 
2004-02-19
2003-12-310.050.04-0.0120 
2003-10-23
2003-09-300.050.050.0
2003-07-31
2003-06-300.07-0.01-0.08114 
2003-04-24
2003-03-310.070.080.0114 
2003-02-13
2002-12-310.080.080.0
2002-10-24
2002-09-300.10.120.0220 
2002-08-01
2002-06-300.110.1-0.01
2002-04-25
2002-03-310.110.130.0218 
2001-07-26
2001-06-300.050.050.0
2001-04-26
2001-03-310.040.060.0250 
1999-07-29
1999-06-300.040.040.0
1999-04-29
1999-03-310.050.050.0
1999-02-18
1998-12-310.030.040.0133 
1997-08-12
1997-06-300.050.02-0.0360 
1997-05-08
1997-03-310.060.03-0.0350 
1997-03-05
1996-12-310.050.050.0
1996-10-30
1996-09-300.050.04-0.0120 
1996-08-06
1996-06-300.040.040.0
1996-05-07
1996-03-310.080.04-0.0450 
1996-03-07
1995-12-310.070.04-0.0342 
1995-11-09
1995-09-300.030.02-0.0133 
1995-08-09
1995-06-300.04-0.01-0.05125 
1995-05-10
1995-03-310.120.06-0.0650 
1995-03-16
1994-12-310.10.10.0
1994-10-31
1994-09-300.110.1-0.01
1994-08-02
1994-06-300.090.110.0222 
1994-05-05
1994-03-310.10.120.0220 
1994-03-09
1993-12-310.080.080.0
1993-11-03
1993-09-300.080.07-0.0112 
1993-08-05
1993-06-300.10.110.0110 
1993-05-10
1993-03-310.090.10.0111 
1993-03-10
1992-12-310.080.090.0112 

About Shyft Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Shyft earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Shyft estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Shyft fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings158.5 M166.4 M
Retained Earnings Total Equity202 M167.3 M
Earnings Yield 0.02  0.01 
Price Earnings Ratio 65.32  68.58 
Price Earnings To Growth Ratio(0.80)(0.84)

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Additional Information and Resources on Investing in Shyft Stock

When determining whether Shyft Group is a strong investment it is important to analyze Shyft's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shyft's future performance. For an informed investment choice regarding Shyft Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shyft Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shyft. If investors know Shyft will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shyft listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.73)
Dividend Share
0.2
Revenue Per Share
23.936
Quarterly Revenue Growth
(0.19)
Return On Assets
0.0013
The market value of Shyft Group is measured differently than its book value, which is the value of Shyft that is recorded on the company's balance sheet. Investors also form their own opinion of Shyft's value that differs from its market value or its book value, called intrinsic value, which is Shyft's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shyft's market value can be influenced by many factors that don't directly affect Shyft's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shyft's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shyft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shyft's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.