Hyster-Yale Materials Handling (NYSE:HY - Get Free Report) is scheduled to announce its earnings results after the market closes on Tuesday, May 7th. Analysts expect Hyster-Yale Materials Handling to post earnings of $2.14 per share for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.
Hyster-Yale Materials Handling (NYSE:HY - Get Free Report) last announced its quarterly earnings results on Tuesday, February 27th. The industrial products company reported $1.43 earnings per share for the quarter, missing analysts' consensus estimates of $1.46 by ($0.03). Hyster-Yale Materials Handling had a return on equity of 40.35% and a net margin of 3.06%. The firm had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.02 billion. On average, analysts expect Hyster-Yale Materials Handling to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.
Hyster-Yale Materials Handling Trading Down 3.2 %
Shares of HY stock traded down $1.96 on Tuesday, hitting $58.40. The stock had a trading volume of 64,807 shares, compared to its average volume of 99,848. The company has a current ratio of 1.22, a quick ratio of 0.55 and a debt-to-equity ratio of 0.62. Hyster-Yale Materials Handling has a twelve month low of $38.50 and a twelve month high of $72.40. The company has a fifty day moving average price of $61.60 and a two-hundred day moving average price of $57.64. The firm has a market cap of $1.02 billion, a P/E ratio of 8.12 and a beta of 1.48.
Hyster-Yale Materials Handling Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were issued a dividend of $0.325 per share. The ex-dividend date was Thursday, February 29th. This represents a $1.30 annualized dividend and a yield of 2.23%. Hyster-Yale Materials Handling's dividend payout ratio is presently 17.93%.
Insider Activity at Hyster-Yale Materials Handling
In related news, insider Frank F. Taplin sold 11,720 shares of the business's stock in a transaction on Monday, March 4th. The shares were sold at an average price of $58.10, for a total value of $680,932.00. Following the transaction, the insider now owns 367,152 shares in the company, valued at $21,331,531.20. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other news, insider Frank F. Taplin sold 5,000 shares of the company's stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $58.65, for a total transaction of $293,250.00. Following the transaction, the insider now owns 378,872 shares in the company, valued at $22,220,842.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Frank F. Taplin sold 11,720 shares of the firm's stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $58.10, for a total value of $680,932.00. Following the completion of the sale, the insider now owns 367,152 shares of the company's stock, valued at $21,331,531.20. The disclosure for this sale can be found here. 33.93% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on HY shares. TheStreet cut Hyster-Yale Materials Handling from a "b-" rating to a "c" rating in a report on Monday, March 4th. StockNews.com lowered shares of Hyster-Yale Materials Handling from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, February 28th.
Read Our Latest Stock Report on Hyster-Yale Materials Handling
About Hyster-Yale Materials Handling
(
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Hyster-Yale Materials Handling, Inc, through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. The company manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. It markets its products primarily under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships.
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