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Has The Shyft Group (SHYF) Outpaced Other Auto-Tires-Trucks Stocks This Year?
The Shyft The Shyft (US:SHYF) ZACKSยท2024-10-30 14:40

Group 1 - The Shyft Group (SHYF) has shown strong year-to-date performance, returning 7% while the Auto-Tires-Trucks sector has returned an average of -6.8% [4] - The Zacks Consensus Estimate for SHYF's full-year earnings has increased by 6.9% over the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [4] - The Shyft Group is ranked 15 in the Zacks Sector Rank among 102 companies in the Auto-Tires-Trucks group [2] Group 2 - The Shyft Group is part of the Automotive - Original Equipment industry, which consists of 51 companies and has an average loss of 25.1% this year, highlighting SHYF's relative outperformance [6] - Tesla (TSLA) is another notable stock in the Auto-Tires-Trucks sector, with a year-to-date return of 4.4% and a consensus EPS estimate increase of 12.4% over the past three months [5][6] - The Automotive - Domestic industry, to which Tesla belongs, is currently ranked 183 and has experienced a year-to-date decline of -4.1% [6]