NYSE:HY

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

$32.97

-0.80 (-2.37%)

(As of 08/17/2022 12:00 AM ET)

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Today's Range: $32.66
▼
$33.46
50-Day Range: $31.60
▼
$38.30
52-Week Range: $29.95
▼
$60.38

Volume: 62,856 shs
Average Volume: 72,984 shs
Market Capitalization: $557.89 million

P/E Ratio: N/A
Dividend Yield: 3.82%
Price Target: N/A

Hyster-Yale Materials Handling MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
5.58% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.58
Based on 4 Articles This Week
Insider Trading: N/A
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.

1.48 out of 5 stars

Industrial Products Sector

177th out of 189 stocks

Industrial Trucks & Tractors Industry

2nd out of 2 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Hyster-Yale Materials Handling.

3.0

Short Interest

Percentage of Shares Shorted
5.58% of the float of Hyster-Yale Materials Handling has been sold short.
Short Interest Ratio / Days to Cover
Hyster-Yale Materials Handling has a short interest ratio ("days to cover") of 4.4.
Change versus previous month
Short interest in Hyster-Yale Materials Handling has recently decreased by 8.02%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
Hyster-Yale Materials Handling is a leading dividend payer. It pays a dividend yield of 3.82%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Hyster-Yale Materials Handling has only been increasing its dividend for 1 years.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HY.

2.5

News and Social Media Coverage

News Sentiment
Hyster-Yale Materials Handling has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Hyster-Yale Materials Handling this week, compared to 1 article on an average week.
MarketBeat Follows
1 people have added Hyster-Yale Materials Handling to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Hyster-Yale Materials Handling insiders have not sold or bought any company stock.
Percentage Held by Insiders
18.05% of the stock of Hyster-Yale Materials Handling is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
54.79% of the stock of Hyster-Yale Materials Handling is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Hyster-Yale Materials Handling is -2.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Hyster-Yale Materials Handling is -2.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Hyster-Yale Materials Handling has a P/B Ratio of 2.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Hyster-Yale Materials Handling, Inc., through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. It manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. The company markets its products primarily under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships. It 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, the company 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, it designs, manufactures, and sells hydrogen fuel-cell stacks and engines. The company 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.

Hyster-Yale Materials Handling Price Performance

NYSE:HY opened at $33.77 on Wednesday. The firm's fifty day simple moving average is $33.73 and its 200 day simple moving average is $35.13. The company has a current ratio of 1.11, a quick ratio of 0.51 and a debt-to-equity ratio of 1.35. Hyster-Yale Materials Handling has a 1 year low of $29.95 and a 1 year high of $60.38.

Hyster-Yale Materials Handling (NYSE:HY - Get Rating) last announced its quarterly earnings results on Tuesday, August 2nd. The industrial products company reported ($1.15) EPS for the quarter. The company had revenue of $895.40 million during the quarter. Hyster-Yale Materials Handling had a negative net margin of 6.81% and a negative return on equity of 46.64%.

Hyster-Yale Materials Handling Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Investors of record on Thursday, September 1st will be given a $0.322 dividend. The ex-dividend date of this dividend is Wednesday, August 31st. This represents a $1.29 annualized dividend and a yield of 3.81%. Hyster-Yale Materials Handling's dividend payout ratio is currently -9.66%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Hyster-Yale Materials Handling from a "sell" rating to a "hold" rating in a research report on Saturday, May 14th.

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HY Stock News Headlines

August 14, 2022 | finance.yahoo.com

Hyster-Yale Materials Handling (NYSE:HY) Has Announced A Dividend Of $0.3225

August 10, 2022 | benzinga.com

Automated Guided Vehicle Market share, growth development by $3.2 billion by 2026

August 8, 2022 | seekingalpha.com

Hyster-Yale Materials Handling, Inc. 2022 Q2 - Results - Earnings Call Presentation

August 7, 2022 | seekingalpha.com

Hyster-Yale Materials Handling, Inc. (HY) CEO Alfred Rankin on Q2 2022 Results - Earnings Call Transcript

August 2, 2022 | finance.yahoo.com

HYSTER-YALE MATERIALS HANDLING ANNOUNCES SECOND QUARTER 2022 RESULTS

July 26, 2022 | finance.yahoo.com

HYSTER-YALE MATERIALS HANDLING, INC. ANNOUNCES DATES OF 2022 SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALL

June 29, 2022 | finance.yahoo.com

Hyster-Yale Materials Handling (NYSE:HY) shareholders have endured a 52% loss from investing in the stock a year ago

June 14, 2022 | seekingalpha.com

HY Hyster-Yale Materials Handling, Inc.

June 6, 2022 | finance.yahoo.com

Hyster-Yale Materials Handling, Inc. (NYSE:HY) insider upped their holding by 28% earlier this year

May 14, 2022 | finance.yahoo.com

Hyster-Yale Materials Handling (NYSE:HY) Will Pay A Dividend Of US$0.32

May 13, 2022 | bizjournals.com

Indiana-based material handling equipment firm's expansion plans include growing Bluff City presence

May 9, 2022 | finance.yahoo.com

Hyster-Yale Group Announces Dealer Territory Change in Tennessee Hyster Brand

May 8, 2022 | seekingalpha.com

Hyster-Yale Materials Handling, Inc. (HY) CEO Alfred Rankin on Q1 2022 Results - Earnings Call Transcript

May 5, 2022 | finance.yahoo.com

Hyster to provide Hamburger Hafen und Logistik AG with hydrogen fuel cell-powered empty container handler and terminal tractor

May 4, 2022 | seekingalpha.com

Hyster-Yale Materials Handling GAAP EPS of -$1.48, revenue of $827.6M

May 3, 2022 | finance.yahoo.com

HYSTER-YALE MATERIALS HANDLING ANNOUNCES FIRST QUARTER 2022 RESULTS

May 3, 2022 | finance.yahoo.com

At US$30.71, Is Hyster-Yale Materials Handling, Inc. (NYSE:HY) Worth Looking At Closely?

April 26, 2022 | marketwatch.com

Industrial Vehicles Market Is Booming Worldwide – Hyster-Yale Materials Handling, Jungheinrich, KION GROUP

April 5, 2022 | finance.yahoo.com

Nuvera Fuel Cells Partners with Hytech Engineering & Services AS for Zero-Emission Machinery

March 30, 2022 | finance.yahoo.com

Yale narrow aisle reach truck chalks up third award win for performance in high-intensity e-commerce warehousing

March 23, 2022 | finance.yahoo.com

Hyster-Yale Group, Inc. -- Moody's affirms Hyster-Yale's B2 CFR; outlook changed to negative

March 3, 2022 | finance.yahoo.com

Hyster-Yale Materials Handling (NYSE:HY) Has Re-Affirmed Its Dividend Of US$0.32

March 2, 2022 | finance.yahoo.com

Calculating The Intrinsic Value Of Hyster-Yale Materials Handling, Inc. (NYSE:HY)

February 28, 2022 | finance.yahoo.com

HYSTER-YALE MATERIALS HANDLING ANNOUNCES FOURTH QUARTER AND FULL YEAR 2021 RESULTS

February 27, 2022 | markets.businessinsider.com

Hyster-Yale Materials Handling A is about to announce earnings — here's what Wall Street expects

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HY Company Calendar

Ex-Dividend for 6/15 Dividend: 5/31/2022
Dividend Payable: 6/15/2022
Last Earnings: 8/02/2022
Today: 8/17/2022
Ex-Dividend for 9/15 Dividend: 8/31/2022
Dividend Payable: 9/15/2022
Next Earnings (Estimated): 11/01/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Industrial trucks & tractors
Sub-Industry: Industrial Machinery
Sector: Industrial Products
Current Symbol: NYSE:HY
CUSIP: 44917210
CIK: 1173514
Web: www.hyster-yale.com
Phone: (440) 449-9600
Fax: 440-449-9577
Employees: 8,100
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($13.36)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-173,000,000.00
Net Margins: -6.81%
Pretax Margin: -6.25%
Return on Equity: -46.64%
Return on Assets: -8.37%

Debt

Debt-to-Equity Ratio: 1.35
Current Ratio: 1.11
Quick Ratio: 0.51

Sales & Book Value

Annual Sales: $3.08 billion
Price / Sales: 0.18
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $12.26 per share
Price / Book: 2.69

Miscellaneous

Outstanding Shares: 16,921,000
Free Float: 13,867,000
Market Cap: $557.89 million
Optionable: Optionable
Beta: 1.01

Key Executives

Mr. Alfred Marshall Rankin Jr. (Age 81)
Chairman & CEO
Comp: $1.99M
Mr. Rajiv K. Prasad (Age 58)
Pres
Comp: $1.03M
Mr. Kenneth C. Schilling (Age 62)
Sr. VP, CFO & Treasurer
Comp: $631.72k
Mr. Charles F. Pascarelli (Age 62)
Sr. VP & Pres of Americas - Hyster-Yale Group, Inc
Comp: $731.03k
Mr. Anthony James Salgado (Age 51)
Chief Operating Officer of Hyster-Yale Group Inc.
Comp: $788.96k
Ms. Jennifer M. Langer (Age 48)
VP, Controller & Chief Accounting Officer
Ms. Suzanne Schulze Taylor (Age 59)
Sr. VP, Gen. Counsel & Sec.
Mr. Gopichand Somayajula (Age 65)
Sr. VP of Global Product Devel. - Hyster-Yale Group, Inc.
Mr. Stephen J. Karas (Age 52)
Sr. VP & Pres of APIC
Mr. Jon C. Taylor (Age 57)
VP & CFO of Hyster-Yale Group, Inc.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

HY Stock - Frequently Asked Questions

How have HY shares performed in 2022?: Hyster-Yale Materials Handling's stock was trading at $41.10 on January 1st, 2022. Since then, HY stock has decreased by 17.8% and is now trading at $33.77.
View the best growth stocks for 2022 here.
Are investors shorting Hyster-Yale Materials Handling?: Hyster-Yale Materials Handling saw a drop in short interest in July. As of July 31st, there was short interest totaling 316,700 shares, a drop of 8.0% from the July 15th total of 344,300 shares. Based on an average daily trading volume, of 71,300 shares, the days-to-cover ratio is presently 4.4 days. Currently, 5.6% of the shares of the stock 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, November 1st 2022.
View our HY earnings forecast.
How were Hyster-Yale Materials Handling's earnings last quarter?: Hyster-Yale Materials Handling, Inc. (NYSE:HY) posted its quarterly earnings data on Tuesday, August, 2nd. The industrial products company reported ($1.15) earnings per share (EPS) for the quarter. The industrial products company earned $895.40 million during the quarter. Hyster-Yale Materials Handling had a negative trailing twelve-month return on equity of 46.64% and a negative net margin of 6.81%.
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 Wednesday, August 10th. Stockholders of record on Thursday, September 1st will be paid a dividend of $0.322 per share on Thursday, September 15th. This represents a $1.29 dividend on an annualized basis and a dividend yield of 3.81%. The ex-dividend date of this dividend is Wednesday, August 31st.
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 3.73%.
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 many different institutional and retail investors. Top institutional investors include Gamco Investors INC. ET AL (5.95%), State Street Corp (2.06%), Mirae Asset Global Investments Co. Ltd. (2.03%), FMR LLC (1.65%), Victory Capital Management Inc. (0.86%) and Northern Trust Corp (0.63%). 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, Susan Sichel and Theodore D Taplin.
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 $33.77.
How much money does Hyster-Yale Materials Handling make?: Hyster-Yale Materials Handling (NYSE:HY) has a market capitalization of $571.39 million and generates $3.08 billion in revenue each year. The industrial products company earns $-173,000,000.00 in net income (profit) each year or ($13.36) on an earnings per share basis.
How many employees does Hyster-Yale Materials Handling have?: The company employs 8,100 workers across the globe.
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 8/17/2022 by MarketBeat.com Staff

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

Hyster-Yale Materials Handling MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month