Event-Driven Stocks

SHYFT GROUP, INC.

SHYF

Industrials · Construction Machinery & Equip · MI · SEC filings ↗ · Compare ⊕

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Signs4 good2 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY24FY23FY22FY21FY20FY19
Revenue$786.2M$872.2M$1.03B$991.8M$676.0M$756.5M
Operating income$4.1M$6.8M$47.5M$84.1M$48.8M$47.6M
Net income−$2.8M$6.5M$36.6M$68.9M$32.8M−$12.6M
Total assets$568.7M$530.0M$580.5M$447.9M$359.0M$450.5M
Total liabilities$320.4M$277.9M$311.8M$181.0M$158.9M$278.8M
Equity$248.3M$252.2M$268.6M$266.8M$200.3M$172.3M
EPS (diluted)$-0.08$0.19$1.03$1.91$0.91$-0.36
Shares out.34.3M35.2M35.0M35.3M35.4M35.2M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2024
Operating margin
0.5%
Net margin
−0.4%
Return on equity
−1.1%
Return on assets
−0.5%
Return on capital (ROCE)
1.1%
Liabilities / assets
56.3%
Debt / equity
1.29×
Book value / share
$7.24
Revenue growth (YoY)
−9.9%
Net income growth (YoY)
−143.0%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2024
Altman Z″ (distress)
3.04safe
Accruals / assets
5.8%clean
Beneish M-Score
-2.77normal
Piotroski F-Score
4/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
55
/ 100
Profitability 40Growth 0Catalyst 33Earnings quality 100Financial strength 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

1 severe2 warning4 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Reported a net loss
  • Revenue declined year-over-year
  • Operating margin is positive
  • Positive operating cash flow
  • Clean earnings (low accruals)
  • Altman Z″ in the safe zone

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
Jun 30, 2025875,4794.7-6.5%
Jun 13, 2025936,8534.2+32.9%
May 30, 2025704,8332.6+12.5%
May 15, 2025626,6942.6-11.7%
Apr 30, 2025709,7272.1+25.4%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)