NYSE:HYHyster-Yale Materials Handling Stock Price, Forecast & News

Hyster-Yale Materials Handling's stock was trading at $38.81 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, HY stock has decreased by 8.4% and is now trading at $35.56. View which stocks have been most impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hyster-Yale Materials Handling in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Hyster-Yale Materials Handling.

Hyster-Yale Materials Handling is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Hyster-Yale Materials Handling.

Hyster-Yale Materials Handling will be holding an earnings conference call on Tuesday, August 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Hyster-Yale Materials Handling Inc (NYSE:HY) issued its quarterly earnings results on Tuesday, May, 5th. The industrial products company reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.09 by $0.82. The industrial products company earned $785.70 million during the quarter. Hyster-Yale Materials Handling had a return on equity of 8.55% and a net margin of 1.47%. View Hyster-Yale Materials Handling's earnings history.

Hyster-Yale Materials Handling declared a quarterly dividend on Thursday, May 21st. Investors of record on Monday, June 1st will be paid a dividend of $0.3175 per share on Tuesday, June 16th. This represents a $1.27 dividend on an annualized basis and a dividend yield of 3.57%. The ex-dividend date is Friday, May 29th. View Hyster-Yale Materials Handling's dividend history.

1 equities research analysts have issued 12 month price targets for Hyster-Yale Materials Handling's shares. Their forecasts range from $66.00 to $66.00. On average, they anticipate Hyster-Yale Materials Handling's share price to reach $66.00 in the next twelve months. This suggests a possible upside of 85.6% from the stock's current price. View analysts' price targets for Hyster-Yale Materials Handling.

News headlines about HY stock have trended negative this week, according to InfoTrie. The research group ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Hyster-Yale Materials Handling earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave news articles about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about Hyster-Yale Materials Handling.

Hyster-Yale Materials Handling saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 206,900 shares, an increase of 7.5% from the May 31st total of 192,500 shares. Based on an average trading volume of 64,500 shares, the days-to-cover ratio is presently 3.2 days. Currently, 3.4% of the shares of the company are short sold. View Hyster-Yale Materials Handling's Current Options Chain.

Some companies that are related to Hyster-Yale Materials Handling include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Ingersoll-Rand (IR), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Pentair (PNR), Gardner Denver (GDI), Donaldson (DCI), ITT (ITT) and Lincoln Electric (LECO). View all competitors.

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

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

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

One share of HY stock can currently be purchased for approximately $35.56.

Hyster-Yale Materials Handling has a market capitalization of $597.05 million and generates $3.29 billion in revenue each year. Hyster-Yale Materials Handling employs 7,900 workers across the globe.

The official website for Hyster-Yale Materials Handling is www.hyster-yale.com.

Hyster-Yale Materials Handling's mailing address is 5875 LANDERBROOK DRIVE SUITE 300, CLEVELAND OH, 44124. The industrial products company can be reached via phone at 440-449-9600 or via email at [email protected]