S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Bank Accounts: Frozen! (Ad)
Factory or farm? Oregon may alter land use for chipmakers
Travel disruption hits Germany on eve of transport strike
Urgent Warning (Ad)
Adele extends Las Vegas residency, plans concert film
Berlin climate proposal fails to get enough yes votes to win
Urgent Warning (Ad)
Turkmenistan votes for new, opposition-free parliament
Technical issues at Lufthansa cause delays in Frankfurt
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Bank Accounts: Frozen! (Ad)
Factory or farm? Oregon may alter land use for chipmakers
Travel disruption hits Germany on eve of transport strike
Urgent Warning (Ad)
Adele extends Las Vegas residency, plans concert film
Berlin climate proposal fails to get enough yes votes to win
Urgent Warning (Ad)
Turkmenistan votes for new, opposition-free parliament
Technical issues at Lufthansa cause delays in Frankfurt
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Bank Accounts: Frozen! (Ad)
Factory or farm? Oregon may alter land use for chipmakers
Travel disruption hits Germany on eve of transport strike
Urgent Warning (Ad)
Adele extends Las Vegas residency, plans concert film
Berlin climate proposal fails to get enough yes votes to win
Urgent Warning (Ad)
Turkmenistan votes for new, opposition-free parliament
Technical issues at Lufthansa cause delays in Frankfurt
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Bank Accounts: Frozen! (Ad)
Factory or farm? Oregon may alter land use for chipmakers
Travel disruption hits Germany on eve of transport strike
Urgent Warning (Ad)
Adele extends Las Vegas residency, plans concert film
Berlin climate proposal fails to get enough yes votes to win
Urgent Warning (Ad)
Turkmenistan votes for new, opposition-free parliament
Technical issues at Lufthansa cause delays in Frankfurt
NYSE:HY

Hyster-Yale Materials Handling - HY Stock Forecast, Price & News

$45.25
-1.23 (-2.65%)
(As of 03/24/2023 08:51 PM ET)
Add
Compare
Today's Range
$44.22
$45.85
50-Day Range
$29.57
$47.90
52-Week Range
$20.99
$48.80
Volume
82,200 shs
Average Volume
83,586 shs
Market Capitalization
$776.49 million
P/E Ratio
N/A
Dividend Yield
2.85%
Price Target
$55.50

Hyster-Yale Materials Handling MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
22.7% Upside
$55.50 Price Target
Short Interest
Healthy
3.81% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.63mentions of Hyster-Yale Materials Handling in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$68,580 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.76 out of 5 stars

Industrial Products Sector

153rd out of 179 stocks

Industrial Trucks & Tractors Industry

2nd out of 2 stocks


HY stock logo

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

Hyster-Yale Materials Handling, Inc. engages in the manufacture of lift trucks. The firm provides an array of solutions aimed at meeting the specific materials handling needs of its customers including attachments and hydrogen fuel cell power products, telematics, automation and fleet management services, and a variety of other power options for its lift trucks. It designs, engineers, manufactures, sells, and services a comprehensive line of lift trucks, attachments, and aftermarket parts marketed primarily under the Hyster and Yale brand names. The company was founded in 1999 and is headquartered in Cleveland, OH.

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HY Stock News Headlines

Material Handling Equipment Market Size By 2031
Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
Yale unveils new brand identity at ProMat
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
Why Shares of Hyster-Yale Are Soaring This Week
Hyster-Yale Materials Handling reports Q4 results
See More Headlines
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HY Company Calendar

Last Earnings
11/02/2021
Ex-Dividend for 3/15 Dividend
2/28/2023
Dividend Payable
3/15/2023
Today
3/26/2023
Next Earnings (Estimated)
5/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Industrial trucks & tractors
Sub-Industry
Industrial Machinery
CUSIP
44917210
Employees
8,200
Year Founded
1989

Price Target and Rating

Average Stock Price Forecast
$55.50
High Stock Price Forecast
$75.00
Low Stock Price Forecast
$36.00
Forecasted Upside/Downside
+22.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-74,100,000.00
Pretax Margin
-1.76%

Debt

Sales & Book Value

Annual Sales
$3.55 billion
Book Value
$12.45 per share

Miscellaneous

Free Float
14,062,000
Market Cap
$776.49 million
Optionable
Optionable
Beta
1.26

Social Links


Key Executives

  • Alfred M. Rankin
    Chairman & Chief Executive Officer
  • Rajiv K. Prasad
    President
  • Anthony J. Salgado
    Group Chief Operating Officer
  • Scott A. Minder
    Chief Financial Officer, Treasurer & Senior VP
  • Jennifer M. Langer
    Chief Accounting Officer, VP & Controller













HY Stock - Frequently Asked Questions

Should I buy or sell Hyster-Yale Materials Handling stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hyster-Yale Materials Handling in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" HY shares.
View HY analyst ratings
or view top-rated stocks.

What is Hyster-Yale Materials Handling's stock price forecast for 2023?

2 analysts have issued 12-month target prices for Hyster-Yale Materials Handling's shares. Their HY share price forecasts range from $36.00 to $75.00. On average, they expect the company's share price to reach $55.50 in the next twelve months. This suggests a possible upside of 22.7% from the stock's current price.
View analysts price targets for HY
or view top-rated stocks among Wall Street analysts.

How have HY shares performed in 2023?

Hyster-Yale Materials Handling's stock was trading at $25.31 at the start of the year. Since then, HY shares have increased by 78.8% and is now trading at $45.25.
View the best growth stocks for 2023 here
.

Are investors shorting Hyster-Yale Materials Handling?

Hyster-Yale Materials Handling saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 222,200 shares, an increase of 6.4% from the February 13th total of 208,800 shares. Based on an average trading volume of 69,700 shares, the days-to-cover ratio is currently 3.2 days. Approximately 3.8% of the company's shares are short sold.
View Hyster-Yale Materials Handling's Short Interest
.

When is Hyster-Yale Materials Handling's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our HY earnings forecast
.

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

Hyster-Yale Materials Handling, Inc. (NYSE:HY) announced its earnings results on Tuesday, November, 2nd. The industrial products company reported ($4.59) EPS for the quarter, missing the consensus estimate of ($0.43) by $4.16. The industrial products company had revenue of $748.20 million for the quarter. Hyster-Yale Materials Handling had a negative trailing twelve-month return on equity of 33.25% and a negative net margin of 2.09%.

How often does Hyster-Yale Materials Handling pay dividends? What is the dividend yield for Hyster-Yale Materials Handling?

Hyster-Yale Materials Handling announced a quarterly dividend on Tuesday, February 14th. Stockholders of record on Wednesday, March 1st will be given a dividend of $0.322 per share on Wednesday, March 15th. This represents a $1.29 annualized dividend and a dividend yield of 2.85%. The ex-dividend date of this dividend is Tuesday, February 28th.
Read our dividend analysis for HY
.

Is Hyster-Yale Materials Handling a good dividend stock?

Hyster-Yale Materials Handling (NYSE:HY) pays an annual dividend of $1.29 per share and currently has a dividend yield of 2.78%.
Read our dividend analysis for HY.

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.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Hyster-Yale Materials Handling investors own include Boeing (BA), Cisco Systems (CSCO), Pfizer (PFE), Verizon Communications (VZ), Dominion Energy (D), NVIDIA (NVDA), Walt Disney (DIS), Home Depot (HD), Procter & Gamble (PG) and Walgreens Boots Alliance (WBA).

What is Hyster-Yale Materials Handling's stock symbol?

Hyster-Yale Materials Handling trades on the New York Stock Exchange (NYSE) under the ticker symbol "HY."

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

Hyster-Yale Materials Handling's stock is owned by a number of institutional and retail investors. Top institutional investors include Gamco Investors INC. ET AL (5.75%), Gamco Investors INC. ET AL (5.75%), Dimensional Fund Advisors LP (3.77%), Kopernik Global Investors LLC (1.97%), Mirae Asset Global Investments Co. Ltd. (1.73%) and Fuller & Thaler Asset Management Inc. (1.41%). Insiders that own company stock include Alfred M Et Al Rankin, Btr 2020 Gst Trust F/B/O Elisa, Gregory Breier, John C Butler Jr, Martha S Kelly and Susan Sichel.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Hyster-Yale Materials Handling's stock price today?

One share of HY stock can currently be purchased for approximately $45.25.

How much money does Hyster-Yale Materials Handling make?

Hyster-Yale Materials Handling (NYSE:HY) has a market capitalization of $776.49 million and generates $3.55 billion in revenue each year. The industrial products company earns $-74,100,000.00 in net income (profit) each year or ($4.39) on an earnings per share basis.

How many employees does Hyster-Yale Materials Handling have?

The company employs 8,200 workers across the globe.

Does Hyster-Yale Materials Handling have any subsidiaries?
The following companies are subsidiares of Hyster-Yale Materials Handling: Auramo OY, Bolzoni (Hebei) Forks, Bolzoni Auramo (Shanghai) Forklift Truck Attachment Co. Ltd., Bolzoni Auramo (Wuxi) Forklift Truck Attachment Co. Ltd., Bolzoni Auramo AB, Bolzoni Auramo B.V., Bolzoni Auramo Canada Ltd., Bolzoni Auramo Inc., Bolzoni Auramo Polska SP Zoo, Bolzoni Auramo Pty Ltd., Bolzoni Auramo SL Sociedad Unipersonal, Bolzoni Capital Holding B.V., Bolzoni Capital UK Limited, Bolzoni Holding Hong Kong, Bolzoni Holding SpA, Bolzoni Holdings LLC, Bolzoni Italia Srl, Bolzoni Ltd., Bolzoni S.p.A., Bolzoni Sarl, Bolzoni South America Acessorios Para Empilhadeiras Ltda., Bolzoni SpA, G2A, HYG Telematics Solutions Limited, Hyster (H.K.) Limited, Hyster Overseas Capital Corporation LLC, Hyster-Yale Acquisition Holding Limited, Hyster-Yale Asia-Pacific Pte. Ltd., Hyster-Yale Asia-Pacific Pty Ltd., Hyster-Yale Australia Holding Pty Ltd., Hyster-Yale Brasil Empilhadeiras Ltda., Hyster-Yale Canada ULC, Hyster-Yale Deutschland GmbH, Hyster-Yale Europe B.V., Hyster-Yale France S.A.R.L., Hyster-Yale Group Inc., Hyster-Yale Group Limited, Hyster-Yale Holding B.V., Hyster-Yale International B.V., Hyster-Yale Italia SpA, Hyster-Yale Lift Trucks India Private Limited, Hyster-Yale Lift Trucks Singapore Pte. Ltd., Hyster-Yale Mauritius, Hyster-Yale Maximal Forklift (Zhejiang) Co. Ltd., Hyster-Yale Mexico S.A. de C.V., Hyster-Yale Nederland B.V., Hyster-Yale UK Limited, Hyster-Yale UK Pension Co. Limited, LLC Hans H. Meyer OOO, Maximal Forklift (Zhejiang) Co. Ltd., Meyer GmbH, Nuvera Fuel Cells (Zhejiang) Company Limited, Nuvera Fuel Cells LLC., Shanghai Hyster Forklift Ltd., Suminac Philippines Inc., Sumitomo NACCO Forklift Co. Ltd., Sumitomo NACCO Forklift Sales Co. Ltd., Sumitomo NACCO Forklift Vietnam Co. Ltd., Tohoku Shinko Co. Ltd., Yale Materials Handling UK Ltd., and Yale SLT Fordertechnik GmBH.
Read More
How can I contact Hyster-Yale Materials Handling?

Hyster-Yale Materials Handling's mailing address is 5875 LANDERBROOK DRIVE SUITE 300, CLEVELAND OH, 44124. The official website for the company is www.hyster-yale.com. The industrial products company can be reached via phone at (440) 449-9600, via email at ir@hyster-yale.com, or via fax at 440-449-9577.

This page (NYSE:HY) was last updated on 3/27/2023 by MarketBeat.com Staff