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MU   53.39 (-1.20%)
CGC   3.60 (-16.67%)
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GE   84.69 (+0.04%)
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AMC   6.79 (-8.86%)
PYPL   71.74 (-2.55%)
PFE   49.57 (-2.29%)
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NYSE:HY

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

$30.22
-0.72 (-2.33%)
(As of 12/6/2022 02:15 PM ET)
Add
Compare
Today's Range
$30.22
▼
$31.05
50-Day Range
$21.38
▼
$32.03
52-Week Range
$20.99
▼
$45.96
Volume
251 shs
Average Volume
37,042 shs
Market Capitalization
$511.93 million
P/E Ratio
N/A
Dividend Yield
4.16%
Price Target
$36.00

Hyster-Yale Materials Handling MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
19.1% Upside
$36.00 Price Target
Short Interest
Healthy
4.01% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.94mentions of Hyster-Yale Materials Handling in the last 14 days
Based on 2 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.

2.01 out of 5 stars

Industrial Products Sector

111th out of 174 stocks

Industrial Trucks & Tractors Industry

2nd out of 2 stocks

See Top Rated MarketRank™ Stocks Here
HY stock logo

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.

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HY Stock News Headlines

December 6, 2022 | finance.yahoo.com
Handling and lifting equipment market to grow by 2.71% Y-O-Y from 2022 to 2023: Growth of the Construction Sector will Drive Growth - Technavio
November 28, 2022 | americanbankingnews.com
Hyster-Yale Materials Handling, Inc. (HY) To Go Ex-Dividend on November 30th
November 19, 2022 | finance.yahoo.com
Hyster-Yale Materials Handling (NYSE:HY) Is Paying Out A Dividend Of $0.3225
November 13, 2022 | finance.yahoo.com
A Hyster-Yale Materials Handling, Inc. (NYSE:HY) insider increased their holdings by 26% last year
November 5, 2022 | seekingalpha.com
Hyster-Yale Materials Handling, Inc. (HY) Q3 2022 Earnings Call Transcript
November 1, 2022 | marketwatch.com
Hyster-Yale Materials Says Global Economic Outlook Still Constrained -- Commodity Comment
November 1, 2022 | finance.yahoo.com
HYSTER-YALE MATERIALS HANDLING ANNOUNCES THIRD QUARTER 2022 RESULTS
October 25, 2022 | finance.yahoo.com
HYSTER-YALE MATERIALS HANDLING, INC. ANNOUNCES DATES OF 2022 THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL
October 15, 2022 | nasdaq.com
Does This Valuation Of Hyster-Yale Materials Handling, Inc. (NYSE:HY) Imply Investors Are Overpaying?
October 14, 2022 | finance.yahoo.com
What Is Hyster-Yale Materials Handling, Inc.'s (NYSE:HY) Share Price Doing?
October 13, 2022 | benzinga.com
Hyster begins first-ever, real-world pilot of...
October 11, 2022 | finance.yahoo.com
Hyster begins first-ever, real-world pilot of hydrogen fuel cell-powered container handler at CMA CGM-owned Fenix Marine terminal in the Port of Los Angeles
September 29, 2022 | seekingalpha.com
Hyster-Yale Materials Handling: The Picture Continues To Worsen
September 29, 2022 | finance.yahoo.com
Hyster-Yale: A Forklift Manufacturer Facing Unprecedented Challenges
September 21, 2022 | marketwatch.com
Energy Efficient Forklift Market Size and Share 2022 Industry Analysis by Growth, Drivers, Challenges, Regions, Opportunity and Forecast to 2028
September 20, 2022 | finance.yahoo.com
Hyster-Yale Materials Handling, Inc. (HY)
August 30, 2022 | nasdaq.com
Hyster-Yale Materials Handling's (NYSE:HY) Dividend Will Be $0.3225
August 30, 2022 | finance.yahoo.com
Hyster-Yale Materials Handling (NYSE:HY) Has Affirmed Its Dividend Of $0.3225
August 23, 2022 | uk.finance.yahoo.com
USD 1.51 billion Growth in automated material handling equipment market size in the US - 17,000+ Technavio Reports
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
See More Headlines
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HY Company Calendar

Last Earnings
11/02/2021
Ex-Dividend for 9/15 Dividend
8/31/2022
Dividend Payable
9/15/2022
Ex-Dividend for 12/15 Dividend
11/30/2022
Today
12/06/2022
Dividend Payable
12/15/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/27/2023
Get Stock Alerts

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

Price Target and Rating

Average Stock Price Forecast
$36.00
High Stock Price Forecast
$36.00
Low Stock Price Forecast
$36.00
Forecasted Upside/Downside
+19.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($10.97)
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
-5.45%
Pretax Margin
-5.38%
Return on Equity
-48.67%
Return on Assets
-6.46%

Debt

Debt-to-Equity Ratio
2.24
Current Ratio
1.05
Quick Ratio
0.46

Sales & Book Value

Annual Sales
$3.08 billion
Price / Sales
0.17
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$22.75 per share
Price / Book
1.33

Miscellaneous

Outstanding Shares
16,940,000
Free Float
13,882,000
Market Cap
$511.93 million
Optionable
Optionable
Beta
1.24

Key Executives

  • Mr. Alfred Marshall Rankin Jr.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 & Special Financial Advisor to the Chairman
    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
  • Mr. Scott A. Minder (Age 49)
    Sr. VP, CFO & Treasurer
  • 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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













HY Stock - Frequently Asked Questions

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

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hyster-Yale Materials Handling in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street 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?

1 Wall Street research analysts have issued 1-year price targets for Hyster-Yale Materials Handling's shares. Their HY share price forecasts range from $36.00 to $36.00. On average, they expect the company's stock price to reach $36.00 in the next twelve months. This suggests a possible upside of 19.1% 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 2022?

Hyster-Yale Materials Handling's stock was trading at $41.10 on January 1st, 2022. Since then, HY stock has decreased by 26.5% and is now trading at $30.22.
View the best growth stocks for 2022 here.

Are investors shorting Hyster-Yale Materials Handling?

Hyster-Yale Materials Handling saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 228,400 shares, a decline of 16.2% from the October 31st total of 272,500 shares. Based on an average daily trading volume, of 49,400 shares, the days-to-cover ratio is presently 4.6 days. Approximately 4.0% of the shares of the company are sold short.
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 Monday, February 27th 2023.
View our HY earnings forecast.

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

Hyster-Yale Materials Handling, Inc. (NYSE:HY) posted its earnings results on Tuesday, November, 2nd. The industrial products company reported ($4.59) earnings per share for the quarter, missing the consensus estimate of ($0.43) by $4.16. The industrial products company earned $748.20 million during the quarter. Hyster-Yale Materials Handling had a negative net margin of 5.45% and a negative trailing twelve-month return on equity of 48.67%.

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

Hyster-Yale Materials Handling declared a quarterly dividend on Tuesday, November 15th. Shareholders of record on Thursday, December 1st will be given a dividend of $0.322 per share on Thursday, December 15th. This represents a $1.29 dividend on an annualized basis and a dividend yield of 4.26%. The ex-dividend date is Wednesday, November 30th.
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 4.16%. HY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
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 retail and institutional investors. Top institutional shareholders include Gamco Investors INC. ET AL (6.28%), Gamco Investors INC. ET AL (6.28%), Vanguard Group Inc. (5.11%), BlackRock Inc. (5.06%), Dimensional Fund Advisors LP (4.03%) and State Street Corp (2.09%). 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 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 $30.22.

How much money does Hyster-Yale Materials Handling make?

Hyster-Yale Materials Handling (NYSE:HY) has a market capitalization of $511.93 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 ($10.97) 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 12/6/2022 by MarketBeat.com Staff