The Shyft Group Reports Third Quarter 2024 Results

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Go back to The Shyft Group Reports Third Quarter 2024 Results

BTIG Reiterates Neutral Rating on The Shyft Group (SHYF)

October 24, 2024 11:14 AM EDT

BTIG analyst Gregory Lewis reiterated a Neutral rating on The Shyft Group (NASDAQ: SHYF).

The analyst comments "SHYF reported 3Q24 earnings (BMO) with adjusted EPS of ~$0.18, which was ahead of consensus of ~$0.16 (BTIG ~$0.11). The stock has been largely range bound so far this year (down ~4% YTD), as it has been more of a wait and see related to customer spending patterns as major fleets continue their momentum of... More