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NYSE:HY

Hyster-Yale Materials Handling (HY) Stock Price, News & Analysis

$77.94
+0.61 (+0.79%)
(As of 07/26/2024 ET)
Today's Range
$77.57
$81.41
50-Day Range
$65.21
$77.94
52-Week Range
$38.50
$81.41
Volume
145,192 shs
Average Volume
99,250 shs
Market Capitalization
$1.36 billion
P/E Ratio
9.03
Dividend Yield
1.80%
Price Target
$88.50

Hyster-Yale Materials Handling MarketRank™ Stock Analysis

Analyst Rating
Buy
3.33 Rating Score
Upside/​Downside
13.5% Upside
$88.50 Price Target
Short Interest
Bearish
7.32% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.47mentions of Hyster-Yale Materials Handling in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-11.20%
From $8.30 to $7.37 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.84 out of 5 stars

Industrial Products Sector

100th out of 172 stocks

Industrial Trucks & Tractors Industry

2nd out of 2 stocks

HY stock logo

About Hyster-Yale Materials Handling Stock (NYSE:HY)

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. The company also sells aftermarket parts under the Hyster and Yale, as well as UNISOURCE and PREMIER brands to Hyster and Yale dealers for the service of competitor lift trucks. In addition, it produces and distributes attachments, forks, and lift tables under the Bolzoni, Auramo, and Meyer brand names; and designs and produces products in the port equipment and rough terrain forklift markets. Further, the company designs, manufactures, and sells hydrogen fuel-cell stacks and engines. It serves light and heavy manufacturers, trucking and automotive companies, rental companies, building materials and paper suppliers, lumber, metal products, warehouses, retailers, food distributors, container handling companies, and U.S. and non-U.S. governmental agencies. Hyster-Yale Materials Handling, Inc. was incorporated in 1991 and is headquartered in Cleveland, Ohio.

HY Stock Price History

HY Stock News Headlines

Man Who Called Nvidia at $1.10 Says Buy This Now...
In 2004, one man called Nvidia before just about anyone knew it existed. Now, this same guy says a new company could become the next to soar like Nvidia.
Hyster-Yale Materials Handling Inc (HY)
Man Who Called Nvidia at $1.10 Says Buy This Now...
In 2004, one man called Nvidia before just about anyone knew it existed. Now, this same guy says a new company could become the next to soar like Nvidia.
Hyster-Yale Raises Dividend to 35c per Share
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Ex-Dividend for 6/14 Dividend
5/31/2024
Dividend Payable
6/14/2024
Today
7/26/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Industrial trucks & tractors
Sub-Industry
Industrial Machinery
CUSIP
44917210
Employees
8,600
Year Founded
1989

Price Target and Rating

Average Stock Price Target
$88.50
High Stock Price Target
$90.00
Low Stock Price Target
$87.00
Potential Upside/Downside
+13.5%
Consensus Rating
Buy
Rating Score (0-4)
3.33
Research Coverage
3 Analysts

Profitability

Net Income
$125.90 million
Pretax Margin
5.32%

Debt

Sales & Book Value

Annual Sales
$4.12 billion
Cash Flow
$10.60 per share
Book Value
$22.81 per share

Miscellaneous

Free Float
11,559,000
Market Cap
$1.36 billion
Optionable
Optionable
Beta
1.35

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Key Executives

  • Mr. Alfred Marshall Rankin Jr. (Age 83)
    Executive Chairman
    Comp: $4.08M
  • Mr. Rajiv K. Prasad (Age 60)
    President, CEO & Director
    Comp: $3.48M
  • Mr. Scott A. Minder (Age 50)
    Senior VP, CFO & Treasurer
    Comp: $1.06M
  • Ms. Suzanne Schulze Taylor (Age 61)
    Senior VP, General Counsel & Secretary
    Comp: $991.83k
  • Mr. Charles F. Pascarelli (Age 64)
    Senior VP & President of Americas - Hyster-Yale Group, Inc
    Comp: $1.43M
  • Mr. Anthony James Salgado (Age 53)
    Chief Operating Officer of Hyster-Yale Group Inc.
    Comp: $1.88M
  • Ms. Dena R. McKee (Age 52)
    VP, Controller & Chief Accounting Officer
  • Mr. Gregory J. Breier (Age 58)
    VP & Chief Tax Officer
  • Mr. Gopichand Somayajula (Age 67)
    Senior Vice President of Global Product Development - Hyster-Yale Group, Inc.
  • Mr. Stephen J. Karas (Age 54)
    Senior VP & President of APIC - Hyster-Yale Group Inc.

HY Stock Analysis - Frequently Asked Questions

How have HY shares performed this year?

Hyster-Yale Materials Handling's stock was trading at $62.19 at the beginning of the year. Since then, HY shares have increased by 25.3% and is now trading at $77.94.
View the best growth stocks for 2024 here
.

How were Hyster-Yale Materials Handling's earnings last quarter?

Hyster-Yale Materials Handling, Inc. (NYSE:HY) announced its quarterly earnings results on Tuesday, May, 7th. The industrial products company reported $2.93 EPS for the quarter, topping the consensus estimate of $2.14 by $0.79. The industrial products company earned $1.06 billion during the quarter, compared to the consensus estimate of $1.03 billion. Hyster-Yale Materials Handling had a trailing twelve-month return on equity of 42.94% and a net margin of 3.61%.

What is Rajiv K. Prasad's approval rating as Hyster-Yale Materials Handling's CEO?

19 employees have rated Hyster-Yale Materials Handling Chief Executive Officer Rajiv K. Prasad on Glassdoor.com. Rajiv K. Prasad has an approval rating of 93% among the company's employees. This puts Rajiv K. Prasad in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Does Hyster-Yale Materials Handling have any subsidiaries?

Hyster-Yale Materials Handling subsidiaries include Maximal Forklift (Zhejiang) Co. Ltd., Bolzoni S.p.A., Nuvera Fuel Cells LLC., Auramo OY, Bolzoni Auramo AB, Bolzoni Auramo B.V., Bolzoni Auramo Canada Ltd., and others.

Who are Hyster-Yale Materials Handling's major shareholders?

Hyster-Yale Materials Handling's top institutional shareholders include Bank of New York Mellon Corp (0.66%), Swedbank AB (0.42%), CWM LLC (0.24%) and Mcdonald Partners LLC (0.23%). Insiders that own company stock include Frank F Taplin and Martha S Kelly.
View institutional ownership trends
.

How do I buy shares of Hyster-Yale Materials Handling?

Shares of HY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Hyster-Yale Materials Handling own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hyster-Yale Materials Handling investors own include Boeing (BA), Cisco Systems (CSCO), Pfizer (PFE), Verizon Communications (VZ), Dominion Energy (D), NVIDIA (NVDA) and Walt Disney (DIS).

This page (NYSE:HY) was last updated on 7/27/2024 by MarketBeat.com Staff

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