After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Shyft Group Inc (SHYF) shows that investor sentiment remained same, with the stock’s consolidated last price to $11.58. The Shyft Group Inc has recorded 270,225 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted The Shyft Group to Participate in the Baird 2023 Global Industrial Conference.
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Stocks Info
The company is listed on the NASDAQ and operates within the Farm & Heavy Construction Machinery industry segment. At the end of the last regular session, the stock closed at $11.58 and fluctuated between $11.86 as its day high and $11.22 as its day low. The current market capitalization of Shyft Group Inc is $397.08M. A total of 0.3 million shares were traded on the day, compared to an average of 440.86K shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, SHYF has seen 3 BUY and 0 SELL insider trades, representing the acquisition of 17,794 and the disposition of 0 shares. Over the last 12 months, there were 42 BUYs and 29 SELLs from insiders. Insiders purchased 432,008 shares during that period but sold 173,718.
In the most recent transaction, Sherbin Joshua A bought 2,254 shares of SHYF for 11.05 per share on Oct 31. After the transaction, the Chief Legal Officer now owns 39,105 company shares. In a previous transaction on Oct 27, Douyard Jonathan C bought 9,060 shares at 11.10 per share. SHYF shares that Chief Financial Officer owns now total 81,506.
Among the insiders who bought shares, DINKINS MICHAEL acquired of 3,150 shares on Aug 03 at a per-share price of $15.64. This resulted in the Director holding 16,549 shares of SHYF after the transaction. In another insider transaction, PIZZUTO TERRI bought 3,496 shares at $14.31 per share on Aug 01. Company shares held by the Director now total 17,100.
Dividend
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Shyft Group Inc pays an annual dividend of $0.20, resulting in a dividend yield of 1.73%, and it has a price to earnings (P/E) ratio of 14.19. SHYF’s most recent ex-dividend date was 11/15/2023 when it declared a $0.05 quarterly dividend that was paid in cash on 12/15/2023. Previously, the company paid the dividend on 9/18/2023 with an ex-dividend date of 8/16/2023. The SHYF stock dividend was $0.05 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for SHYF in the last 3 months, the mean price target is $13.67 with high estimates of $16.00 and low estimates of $12.00. In terms of 52-week highs and lows, SHYF has a high of $34.10 and a low of $10.39.
As of this writing, SHYF has an earnings estimate of $iShares 1-3 Year Treasury Bond per share for the current quarter. EPS was calculated based on a consensus of Synchrony Financial estimates, with a high estimate of $iShares 0-5 Year High Yield Cor per share and a lower estimate of $The Shyft Group, Inc.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. SHYF’s latest balance sheet shows that the firm has $37.16M in Cash & Short Term Investments as of fiscal 2021. There were $55.18M in debt and $135.84M in liabilities at the time. Its Book Value Per Share was $7.46, while its Total Shareholder’s Equity was $266.86M.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SHYF is Buy with a score of 4.00.
