Recent significant negative changes in fundamentals have impacted The Shyft Group Inc (NASDAQ: SHYF): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.
The Shyft Group Inc (NASDAQ: SHYF) suffers from notable negative changes in investment behavior: its longer term price trend turned down.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Shyft Group has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Shyft Group has a neutral Appreciation Score of 50 and a slightly negative Power Rating of 34, triggering the Negative Value Trend Rating.
Recent Price Action
The Shyft Group Inc (NASDAQ: SHYF) stock closed at $12.01 on 2/12/25 after a modest decline of -1.5%. However, below average trading volume at 75% of normal accompanied the decline. The stock has risen 1.7% during the last week and has performed in line with the market over the last nine months.
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