Latest news with #Shyft
Yahoo
5 days ago
- Business
- Yahoo
REV Group (REVG) Reports Earnings Tomorrow: What To Expect
Speciality vehicle provider REV (NYSE:REVG) will be reporting results tomorrow before market hours. Here's what to expect. REV Group beat analysts' revenue expectations by 6.5% last quarter, reporting revenues of $525.1 million, down 10.4% year on year. It was an incredible quarter for the company, with an impressive beat of analysts' EPS estimates and a solid beat of analysts' EBITDA estimates. Is REV Group a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting REV Group's revenue to decline 3.3% year on year to $596.7 million, improving from the 9.4% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.57 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. REV Group has only missed Wall Street's revenue estimates once over the last two years, exceeding top-line expectations by 4.3% on average. Looking at REV Group's peers in the heavy transportation equipment segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Douglas Dynamics delivered year-on-year revenue growth of 20.3%, beating analysts' expectations by 6.7%, and Shyft reported revenues up 3.4%, topping estimates by 2.8%. Douglas Dynamics traded up 4.4% following the results while Shyft was also up 18.1%. Read our full analysis of Douglas Dynamics's results here and Shyft's results here. There has been positive sentiment among investors in the heavy transportation equipment segment, with share prices up 5.4% on average over the last month. REV Group is up 2.5% during the same time and is heading into earnings with an average analyst price target of $35 (compared to the current share price of $36.53). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Yahoo
5 days ago
- Business
- Yahoo
1 Safe-and-Steady Stock for Long-Term Investors and 2 to Question
A stock with low volatility can be reassuring, but it doesn't always mean strong long-term performance. Investors who prioritize stability may miss out on higher-reward opportunities elsewhere. Finding the right balance between safety and returns isn't easy, which is why StockStory is here to help. That said, here is one low-volatility stock that could succeed under all market conditions and two that may not keep up. Rolling One-Year Beta: 0.91 Notably receiving an order from FedEx for electric vehicles, Shyft (NASDAQ:SHYF) offers specialty vehicles and truck bodies for various industries. Why Do We Think SHYF Will Underperform? Customers postponed purchases of its products and services this cycle as its revenue declined by 13.7% annually over the last two years Capital intensity has ramped up over the last five years as its free cash flow margin decreased by 6.8 percentage points Diminishing returns on capital suggest its earlier profit pools are drying up At $10.40 per share, Shyft trades at 9.7x forward P/E. If you're considering SHYF for your portfolio, see our FREE research report to learn more. Rolling One-Year Beta: 0.66 With a nearly 170-year history dedicated to vision care and eye health innovation, Bausch + Lomb (NYSE:BLCO) develops and manufactures a comprehensive range of eye health products including contact lenses, pharmaceuticals, surgical devices, and consumer eye care solutions. Why Are We Wary of BLCO? Annual revenue growth of 5.3% over the last five years was below our standards for the healthcare sector 20.6 percentage point decline in its free cash flow margin over the last five years reflects the company's increased investments to defend its market position Limited cash reserves may force the company to seek unfavorable financing terms that could dilute shareholders Bausch + Lomb's stock price of $11.45 implies a valuation ratio of 14.5x forward P/E. To fully understand why you should be careful with BLCO, check out our full research report (it's free). Rolling One-Year Beta: 0.58 Founded by Norman Brinker in Dallas, Brinker International (NYSE:EAT) is a casual restaurant chain that operates the Chili's, Maggiano's Little Italy, and It's Just Wings banners. Why Are We Positive On EAT? Same-store sales growth over the past two years shows it's successfully drawing diners into its restaurants Operating profits and efficiency rose over the last year as it benefited from some fixed cost leverage Free cash flow margin increased by 4.2 percentage points over the last year, giving the company more capital to invest or return to shareholders Brinker International is trading at $175.20 per share, or 19x forward P/E. Is now a good time to buy? See for yourself in our in-depth research report, it's free. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-05-2025
- Automotive
- Yahoo
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. The Special Meeting will be held on June 17, 2025 for Shyft shareholders of record as of the close of business on May 13, 2025. About the TransactionOn December 16, 2024, Shyft announced that it had entered into a definitive agreement to combine with Aebi Schmidt in an all-stock merger to create a leading specialty vehicles company. Under the terms of the agreement, each outstanding share of Shyft common stock will be exchanged for approximately 1.04 shares of the combined company's common stock. At closing, Shyft shareholders will own 48 percent of the combined company, with Aebi Schmidt shareholders owning 52 percent. The Transaction, which is structured to be tax-free to Shyft shareholders, was unanimously approved by the boards of directors present of both companies and is expected to be completed shortly after the Special Meeting, subject to approval thereof at the Special Meeting by Shyft's shareholders, the declaration by the SEC of the effectiveness of a registration statement on Form S-4 registering certain equity issuable pursuant to the Merger Agreement, and the satisfaction or waiver of certain other closing conditions specified in the Merger Agreement. Upon consummation of the Merger, the combined company is expected to be named Aebi Schmidt Group, and its shares will be listed and traded on Nasdaq under the ticker symbol "AEBI". About The Shyft GroupShyft is the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets. Our customers include first-to-last mile delivery companies across vocations, federal, state, and local government entities; the trades; and utility and infrastructure segments. Shyft is organized into two core business units: Shyft Fleet Vehicles and Services™ and Shyft Specialty Vehicles™. Today, its family of brands include Utilimaster®, Blue Arc™ EV Solutions, Royal® Truck Body, DuraMag® and Magnum®, Strobes-R-Us, Spartan® RV Chassis, Builtmore Contract Manufacturing™, and Independent Truck Upfitters. Shyft and its go-to-market brands are well known in their respective industries for quality, durability, and first-to-market innovation. Shyft employs approximately 2,900 employees and contractors across campuses, and operates facilities in Arizona, California, Florida, Indiana, Iowa, Maine, Michigan, Missouri, Pennsylvania, Tennessee, Texas, and Saltillo, Mexico. Shyft reported sales of $786 million in 2024. Investor materials are available on The Shyft Group Investor Relations site and on the merger microsite, A Specialty Vehicles Leader. Forward-Looking StatementsCertain statements in this press release are forward-looking statements. In some cases, Shyft has identified forward-looking statements by such words or phrases as "will likely result," "is confident that," "expect," "expects," "should," "could," "may," "will continue to," "believe," "believes," "anticipates," "predicts," "forecasts," "estimates," "projects," "potential," "intends" or similar expressions identifying "forward-looking statements", including the negative of those words and phrases. Such forward-looking statements are based on management's current views and assumptions regarding future events, future business conditions and the outlook for Shyft based on currently available information. These forward-looking statements may include projections of Shyft's future financial performance, Shyft's anticipated growth strategies and anticipated trends in Shyft's business. These statements are only predictions based on management's current expectations and projections about future events. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement and may include statements regarding the expected timing and structure of the proposed transaction; the ability of the parties to complete the proposed transaction considering the various closing conditions; the expected benefits of the proposed transaction, such as improved operations, enhanced revenues and cash flow, synergies, growth potential, market profile, business plans, expanded portfolio and financial strength; the competitive ability and position of the combined company following completion of the proposed transaction; and anticipated growth strategies and anticipated trends in Shyft's, Aebi Schmidt's and, following the completion of the proposed transaction, the combined company's business. Additional factors that could cause actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements include, among others, the non-satisfaction or non-waiver, on a timely basis or otherwise, of one or more closing conditions to the proposed transaction; the prohibition or delay of the consummation of the proposed transaction by a governmental entity; the risk that the proposed transaction may not be completed in the expected time frame; unexpected costs, charges or expenses resulting from the proposed transaction; uncertainty of the expected financial performance of the combined company following completion of the proposed transaction; failure to realize the anticipated benefits of the proposed transaction, including as a result of delay in completing the proposed transaction or integration; the ability of the combined company to implement its business strategy; difficulties and delays in achieving revenue and cost synergies of the combined company; inability to retain and hire key personnel; negative changes in the relationships with major customers and suppliers that adversely affect revenues and profits; disruptions to existing business operations; the occurrence of any event that could give rise to termination of the proposed transaction; potential litigation in connection with the proposed transaction or other settlements or investigations that may affect the timing or occurrence of the contemplated transaction or result in significant costs of defense, indemnification and liability; risks related to ownership of Aebi Schmidt common stock; uncertainty as to the long-term value of the combined company's common stock; and the diversion of Shyft's and Aebi Schmidt's management's time on transaction-related matters. These risks, as well as other risks associated with the businesses of Shyft and Aebi Schmidt, are more fully discussed in the combined proxy statement/prospectus. Although management believes the expectations reflected in the forward-looking statements are reasonable, Shyft cannot guarantee future results, level of activity, performance or achievements. Moreover, neither management, Shyft nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. Shyft wishes to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Shyft is under no duty to and specifically declines to undertake any obligation to publicly revise or update any of these forward-looking statements after the date of this press release to conform its prior statements to actual results, revised expectations or to reflect the occurrence of anticipated or unanticipated information concerning these and other factors that may impact Shyft's and Aebi Schmidt's expectations and projections can be found in Shyft's periodic filings with the Securities and Exchange Commission ("SEC"), including Shyft's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and any subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Shyft's SEC filings are available publicly on the SEC's website at No Offer or SolicitationThis communication is for informational purposes only and is not intended to and shall not constitute an offer to buy or sell, or the solicitation of an offer to buy or sell, any securities, or a solicitation of any vote or approval, nor shall there be any offer, solicitation or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made in the United States absent registration under the Securities Act, or pursuant to an exemption from, or in a transaction not subject to, such registration requirements. Participants in the SolicitationShyft, Aebi Schmidt and certain of their respective directors and executive officers and other members of their respective management and employees may be deemed to be participants in the solicitation of proxies in connection with the proposed transaction. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of proxies in connection with the proposed transaction, including a description of their direct or indirect interests in the transaction, by security holdings or otherwise, are set forth in the combined proxy statement/prospectus and other relevant materials filed with the SEC. Information regarding the directors and executive officers of Shyft is contained in the sections entitled "Election of Directors" and "Ownership of Securities" included in Shyft's proxy statement for the 2025 annual meeting of stockholders, which was filed with the SEC on March 31, 2025 (and which is available at and in the section entitled "Directors, Executive Officers, and Corporate Governance" included in Shyft's Annual Report on Form 10-K for the year ended December 31, 2024, which was filed with the SEC on February 20, 2025 (and which is available at and certain of its Current Reports filed on Form 8-K. These documents can be obtained free of charge from the sources indicated below. Additional Information and Where to Find ItAebi Schmidt has filed a registration statement on Form S-4 with the SEC in connection with the proposed transaction. The Form S-4 contains a combined proxy statement/prospectus of Shyft and Aebi Schmidt. Aebi Schmidt and Shyft prepared and filed the combined proxy statement/prospectus with the SEC and Shyft will mail the combined proxy statement/prospectus to its stockholders and file other documents regarding the proposed transaction with the SEC. This communication is not a substitute for any registration statement, proxy statement/prospectus or other documents that may be filed with the SEC in connection with the proposed transaction. INVESTORS SHOULD READ THE COMBINED PROXY STATEMENT/PROSPECTUS AND SUCH OTHER DOCUMENTS FILED OR TO BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THE COMBINED PROXY STATEMENT/PROSPECTUS AND SUCH DOCUMENTS, BEFORE THEY MAKE ANY DECISION WITH RESPECT TO THE PROPOSED TRANSACTION, BECAUSE THEY CONTAIN IMPORTANT INFORMATION. The Form S-4, the combined proxy statement/prospectus and all other documents filed with the SEC in connection with the transaction will be available when filed free of charge on the SEC's web site at Copies of documents filed with the SEC by Shyft will be made available free of charge on Shyft's investor relations website at CONTACTSMEDIASydney MacheskyDirector, Corporate INVESTORSRandy WilsonVice President, Investor Relations and View original content to download multimedia: SOURCE The Shyft Group, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-05-2025
- Automotive
- Yahoo
Earnings To Watch: Commercial Vehicle Group (CVGI) Reports Q1 Results Tomorrow
Vehicle systems manufacturer Commercial Vehicle Group (NASDAQ:CVGI) will be reporting results tomorrow afternoon. Here's what investors should know. Commercial Vehicle Group beat analysts' revenue expectations by 3.1% last quarter, reporting revenues of $163.3 million, down 26.8% year on year. It was a satisfactory quarter for the company, with an impressive beat of analysts' EBITDA estimates but a significant miss of analysts' EPS estimates. Is Commercial Vehicle Group a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Commercial Vehicle Group's revenue to decline 29.5% year on year to $163.5 million, a further deceleration from the 11.7% decrease it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.15 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Commercial Vehicle Group has missed Wall Street's revenue estimates five times over the last two years. Looking at Commercial Vehicle Group's peers in the heavy transportation equipment segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Shyft delivered year-on-year revenue growth of 3.4%, beating analysts' expectations by 2.8%, and Federal Signal reported revenues up 9.2%, topping estimates by 1%. Shyft traded up 18.1% following the results while Federal Signal was also up 11.4%. Read our full analysis of Shyft's results here and Federal Signal's results here. There has been positive sentiment among investors in the heavy transportation equipment segment, with share prices up 13% on average over the last month. Commercial Vehicle Group is down 12% during the same time and is heading into earnings with an average analyst price target of $5 (compared to the current share price of $0.99). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Sign in to access your portfolio
Yahoo
05-05-2025
- Business
- Yahoo
What To Expect From Douglas Dynamics's (PLOW) Q1 Earnings
Snow and ice equipment company Douglas Dynamics (NYSE:PLOW) will be announcing earnings results tomorrow after market hours. Here's what to expect. Douglas Dynamics missed analysts' revenue expectations by 7.5% last quarter, reporting revenues of $143.5 million, up 6.9% year on year. It was a mixed quarter for the company, with a solid beat of analysts' EPS estimates. Is Douglas Dynamics a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Douglas Dynamics's revenue to grow 12.7% year on year to $107.8 million, slowing from the 15.9% increase it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.01 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Douglas Dynamics has missed Wall Street's revenue estimates four times over the last two years. Looking at Douglas Dynamics's peers in the heavy transportation equipment segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Shyft delivered year-on-year revenue growth of 3.4%, beating analysts' expectations by 2.8%, and Federal Signal reported revenues up 9.2%, topping estimates by 1%. Shyft traded up 18.1% following the results while Federal Signal was also up 11.4%. Read our full analysis of Shyft's results here and Federal Signal's results here. There has been positive sentiment among investors in the heavy transportation equipment segment, with share prices up 13% on average over the last month. Douglas Dynamics is up 9.6% during the same time and is heading into earnings with an average analyst price target of $33.67 (compared to the current share price of $24.53). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
