Raymond James analyst Felix Boeschen maintained a Buy rating on Shyft Group, Inc. on Tuesday, setting a price target of $45, which is approximately 8.25% above the present share price of $41.57.
Boeschen expects Shyft Group, Inc. to post earnings per share (EPS) of $0.33 for the second quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Shyft Group, with an average price target of $45.
The analysts price targets range from a high of $45 to a low of $45.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $197.89 million and a net profit of $14.67 million. The company's market cap is $1.47 billion.
According to TipRanks.com, Raymond James analyst Felix Boeschen is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 21.8% and a 84.85% success rate.
Spartan Motors (NASDAQ:SHYF), Inc. engages in vehicle manufacturing and assembly for the commercial and retail vehicle industries as well as for the emergency response and recreational vehicle markets. It operates through the following three segments: Fleet Vehicles and Services, Emergency Response, and Specialty Vehicles. The Fleet Vehicles and Services segment manufacture commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, mobile retail, and trades and construction industries. The Emergency Response segment engages in engineering and manufacturing custom emergency response cabs and chassis and complete apparatus to customer specifications, for use by the fire industry throughout the United States and Canada, as well as select markets in South America and Asia. The Specialty Vehicles segment engages in engineering and manufacturing luxury Class A diesel motor home chassis, Reach walk-in van, provide contract assembly of defense vehicles and other specialty chassis, and distribute related aftermarket parts and accessories. The company was founded by William F. Foster, George Sztykiel, Gerald Geary, and John Knox on September 18, 1975 and is headquartered in Charlotte, MI.