SHYF
The Shyft GroupSHYF
SHYF
Delisted
SHYF was delisted on the 30th of June, 2025.
About: The Shyft Group Inc is engaged in specialty vehicle manufacturing and assembly for commercial vehicles (including last-mile delivery, specialty service, and vocation-specific upfit segments) and recreational vehicle industries. Its products include walk-in vans, truck bodies, cargo vans, and pick-up truck upfits used in e-commerce/parcel delivery, upfit equipment used in the mobile retail and utility trades, as well as luxury Class A diesel motorhome custom chassis and contract manufacturing and assembly services. It also supplies replacement parts and offers repair, maintenance, field service, and refurbishment services for the vehicles that the company manufactures.
Employees: 2,900
Financial journalist opinion
Neutral
PRNewsWire
1 week ago
The Shyft Group Delisted and Aebi Schmidt Group Commences Regular-Way Trading
Shyft Group delisted from Nasdaq Aebi Schmidt Group expected to commence regular-way trading of common stock on Nasdaq on July 2, 2025 FRAUENFELD, Switzerland, July 2, 2025 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF ) ("Shyft"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service markets, announced, on July 1, 2025, the successful completion of the previously announced merger (the "Transaction") of an indirect, wholly owned subsidiary of Aebi Schmidt Holding AG ("Aebi Schmidt"), a global provider of mission-critical infrastructure, environmental, and agricultural solutions, with and into Shyft, on July 1, 2025. REGULAR-WAY TRADING OF AEBI SCHMIDT GROUP With the completion of the merger, shares of Aebi Schmidt Group traded on the NASDAQ on a "when-issued" basis under the ticker symbol "AEBIV" on Tuesday, July 1, 2025, and are expected to begin trading on a "regular-way" basis under the ticker symbol "AEBI" on Wednesday July 2, 2025.
Neutral
PRNewsWire
1 week ago
The Shyft Group and Aebi Schmidt Group Announce Successful Completion of Merger, Creating Global Specialty Vehicle Leader
Combined company named Aebi Schmidt Group Trading on NASDAQ expected to begin July 1, 2025 Shyft common stock delisted from Nasdaq NOVI, Mich. , July 1, 2025 /PRNewswire/ --The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service markets, today announced the successful completion of the previously announced merger (the "Transaction") of an indirect, wholly owned subsidiary of Aebi Schmidt Holding AG ("Aebi Schmidt"), a global provider of mission-critical infrastructure, environmental, and agricultural solutions, with and into Shyft.
Neutral
PRNewsWire
3 weeks ago
The Shyft Group Shareholders Approve Merger with Aebi Schmidt Group
Final milestone achieved ahead of anticipated July 1, 2025 closing Combined company name to be "Aebi Schmidt Group" Trading on NASDAQ as "AEBI" expected to begin on or around July 1, 2025 NOVI, Mich. , June 17, 2025 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF)("Shyft"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service markets, today announced that the shareholders of Shyft have voted to approve and adopt the merger agreement (the "Merger Agreement") relating to the previously announced proposed merger of an indirect, wholly owned subsidiary of Aebi Schmidt Group ("Aebi Schmidt"), a global provider of mission-critical solutions for infrastructure, environmental, and agricultural applications, with and into Shyft (the "Transaction").
Neutral
PRNewsWire
1 month ago
The Shyft Group Announces Effectiveness of Registration Statement on Form S-4 Filed by Aebi Schmidt Group and Filing of Definitive Proxy Statement for Proposed Merger
Milestone advances process ahead of the special meeting of Shyft shareholders on June 17, 2025 NOVI, Mich. , May 14, 2025 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service markets, today announced that (i) the U.S. Securities and Exchange Commission ("SEC") declared effective, as of May 13, 2025, the registration statement on Form S-4 filed by Aebi Schmidt Group ("Aebi Schmidt") and (ii) on May 14, 2025, Shyft filed with the SEC a definitive proxy statement on Form DEFM14A, in each case, in connection with the previously announced proposed merger between Shyft and an indirect subsidiary of Aebi Schmidt.
Neutral
PRNewsWire
2 months ago
The Shyft Group to Hold Special Meeting of the Shareholders of Shyft on Proposed Merger with Aebi Schmidt
NOVI, Mich. , May 12, 2025 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft"), the North American leader in specialty vehicle manufacturing, assembly and upfit for the commercial, retail and service specialty vehicle markets, today announced that it has set the date for the special meeting of the shareholders of Shyft (the "Special Meeting") to consider and vote on the proposal to approve the merger agreement (the "Merger Agreement") relating to the previously announced proposed merger (the "Merger") of an indirect, wholly owned subsidiary of Aebi Schmidt Holdings, AG ("Aebi Schmidt") with and into Shyft.
Neutral
PRNewsWire
2 months ago
Spartan® RV Chassis Strengthens North American Service Network Through Rush Truck Centers Partnership
Spartan RV Owners Now Have Access to Expanded Service Support at 148 Rush Truck Centers Locations Across the U.S. and Canada NOVI, Mich. , May 7, 2025 /PRNewswire/ -- Spartan® RV Chassis, a go-to-market brand of The Shyft Group (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service markets, today announced a strategic partnership with Rush Truck Centers, North America's largest commercial vehicle dealership network.
Positive
Zacks Investment Research
2 months ago
Should Value Investors Buy The Shyft Group (SHYF) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Neutral
PRNewsWire
2 months ago
The Shyft Group Announces Quarterly Dividend
NOVI, Mich. , April 30, 2025 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced that its Board of Directors authorized a cash dividend of $0.05 per share of common stock.
Positive
Seeking Alpha
2 months ago
The Shyft Group: After Roaring Higher, Shares Can Achieve More Upside
The Shyft Group's shares surged 26.2% after announcing Q1 2025 results and progress on its merger with Aebi Schmidt, despite past financial struggles. Revenue dropped 9.9% from 2022 to 2024, but recent Q1 2025 results showed a 3.4% increase, driven by the Blue Arc electric vehicle line. The merger with Aebi Schmidt is expected to bring significant synergies and growth, with combined revenue projected at $2.2 billion and EBITDA at $214 million for 2025.
Neutral
Seeking Alpha
2 months ago
The Shyft Group, Inc. (SHYF) Q1 2025 Earnings Call Transcript
The Shyft Group, Inc. (NASDAQ:SHYF ) Q1 2025 Results Conference Call April 24, 2025 8:30 AM ET Company Participants Randy Wilson - Vice President of Investor Relations & Treasury John Dunn - President and Chief Executive Officer Scott Ocholik - Interim Chief Financial Officer, Chief Accounting Officer, and Corporate Controller Conference Call Participants Matt Koranda - ROTH Capital Mike Shlisky - D.A. Davidson Tyler DiMatteo - BTIG Operator Good morning, and welcome to The Shyft Group First Quarter 2025 Conference Call and Webcast.
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