NYSE:HY

Hyster-Yale Materials Handling Stock Forecast, Price & News

$86.24
-0.83 (-0.95 %)
(As of 04/12/2021 12:00 AM ET)
Add
Compare
Today's Range
$83.58
Now: $86.24
$86.90
50-Day Range
$81.56
MA: $89.22
$97.87
52-Week Range
$30.25
Now: $86.24
$102.17
Volume40,922 shs
Average Volume88,754 shs
Market Capitalization$1.45 billion
P/E Ratio53.23
Dividend Yield1.46%
Beta1.31
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. The company was incorporated in 1991 and is headquartered in Cleveland, Ohio.
Hyster-Yale Materials Handling logo

Industry, Sector and Symbol

Industry Industrial trucks & tractors
Sub-IndustryIndustrial Machinery
CUSIP44917210
Phone440-449-9600
Employees7,600
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.29 billion
Cash Flow$5.63 per share
Book Value$34.62 per share

Profitability

Net Income$35.80 million

Miscellaneous

Market Cap$1.45 billion
Next Earnings Date5/4/2021 (Estimated)
OptionableOptionable

Headlines

What Wall Street expects from Hyster-Yale Materials Handling A's earnings
February 24, 2021 |  markets.businessinsider.com
Hyster-Yale Materials Handling names new president
February 18, 2021 |  bizjournals.com
See More Headlines

MarketRank

Overall MarketRank

1.08 out of 5 stars

Industrial Products Sector

202nd out of 396 stocks

Industrial Trucks & Tractors Industry

3rd out of 3 stocks

Analyst Opinion: 1.0Community Rank: 1.9Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 0.0 5 -4 -3 -2 -1 -
$86.24
-0.83 (-0.95 %)
(As of 04/12/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive HY News and Ratings via Email

Sign-up to receive the latest news and ratings for HY and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Hyster-Yale Materials Handling (NYSE:HY) Frequently Asked Questions

Is Hyster-Yale Materials Handling a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hyster-Yale Materials Handling in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Hyster-Yale Materials Handling stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HY, but not buy additional shares or sell existing shares.
View analyst ratings for Hyster-Yale Materials Handling
or view top-rated stocks.

What stocks does MarketBeat like better than Hyster-Yale Materials Handling?

Wall Street analysts have given Hyster-Yale Materials Handling a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Hyster-Yale Materials Handling wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Hyster-Yale Materials Handling?

Hyster-Yale Materials Handling saw a decline in short interest during the month of March. As of March 15th, there was short interest totaling 356,500 shares, a decline of 24.1% from the February 28th total of 469,600 shares. Based on an average daily volume of 93,000 shares, the days-to-cover ratio is currently 3.8 days. Approximately 4.9% of the company's shares are sold short.
View Hyster-Yale Materials Handling's Short Interest
.

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

Hyster-Yale Materials Handling is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
View our earnings forecast for Hyster-Yale Materials Handling
.

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

Hyster-Yale Materials Handling, Inc. (NYSE:HY) released its quarterly earnings data on Wednesday, February, 24th. The industrial products company reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.52 by $0.26. The industrial products company earned $719.60 million during the quarter. Hyster-Yale Materials Handling had a net margin of 0.94% and a trailing twelve-month return on equity of 4.79%.
View Hyster-Yale Materials Handling's earnings history
.

How has Hyster-Yale Materials Handling's stock price been impacted by COVID-19?

Hyster-Yale Materials Handling's stock was trading at $38.81 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, HY shares have increased by 122.2% and is now trading at $86.24.
View which stocks have been most impacted by COVID-19
.

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 dividend on Wednesday, February 17th. Investors of record on Monday, March 1st will be given a dividend of $0.3175 per share on Friday, February 26th. The ex-dividend date of this dividend is Friday, February 26th.
View Hyster-Yale Materials Handling's dividend history
.

Is Hyster-Yale Materials Handling a good dividend stock?

Hyster-Yale Materials Handling pays an annual dividend of $1.27 per share and currently has a dividend yield of 1.46%.
View Hyster-Yale Materials Handling's dividend history.

What price target have analysts set for HY?

1 equities research analysts have issued 1 year price targets for Hyster-Yale Materials Handling's stock. Their forecasts range from $38.00 to $38.00. On average, they anticipate Hyster-Yale Materials Handling's stock price to reach $38.00 in the next year. This suggests that the stock has a possible downside of 55.9%.
View analysts' price targets for Hyster-Yale Materials Handling
or view top-rated stocks among Wall Street analysts.

Who are Hyster-Yale Materials Handling's key executives?

Hyster-Yale Materials Handling's management team includes the following people:
  • Mr. Alfred Marshall Rankin Jr., Chairman & CEO (Age 80, Pay $1.18M)
  • Mr. Rajiv K. Prasad, Pres (Age 57, Pay $689.87k)
  • Mr. Kenneth C. Schilling, Sr. VP & CFO (Age 61, Pay $477.78k)
  • Mr. Charles F. Pascarelli, Sr. VP & Pres of Americas - Hyster-Yale Group, Inc (Age 61, Pay $534.86k)
  • Mr. Anthony James Salgado, Chief Operating Officer of Hyster-Yale Group Inc. (Age 50, Pay $607.41k)
  • Ms. Suzanne Schulze Taylor, Sr. VP, Gen. Counsel & Sec. (Age 58)
  • Mr. Stephen J. Karas, Sr. VP & Pres APIC (Age 51)
  • Mr. Brian K. Frentzko, VP & Treasurer (Age 60)
  • Ms. Jennifer M. Langer, VP & Controller (Age 47)
  • Mr. Lucien Robroek, Chief Exec. Officer of Nuvera Fuel Cells, LLC

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

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

Who are some of Hyster-Yale Materials Handling's key competitors?

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 The Boeing (BA), Cisco Systems (CSCO), Pfizer (PFE), Verizon Communications (VZ), Dominion Energy (D), NVIDIA (NVDA), The Walt Disney (DIS), The Home Depot (HD), The 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 shareholders include Curbstone Financial Management Corp (0.36%). Company insiders that own Hyster-Yale Materials Handling stock include Alfred M Et Al Rankin, Alison A Rankin, Btr 2012 Gst Trust For Clara R, Btr 2012 Gst Trust For Helen R, Btr 2020 Gst Trust F/B/O Elisa, Clara R Williams, David B Williams, Elizabeth B Rankin, John C Butler Jr, Martha S Kelly, Roger F Rankin, Susan Sichel, Theodore D Taplin and Victoire G Rankin.
View institutional ownership trends for Hyster-Yale Materials Handling
.

Which major investors are selling Hyster-Yale Materials Handling stock?

HY stock was sold by a variety of institutional investors in the last quarter, including Curbstone Financial Management Corp. Company insiders that have sold Hyster-Yale Materials Handling company stock in the last year include Alfred M Et Al Rankin, and Susan Sichel.
View insider buying and selling activity for Hyster-Yale Materials Handling
or view top insider-selling stocks.

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

Shares of HY 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 $86.24.

How much money does Hyster-Yale Materials Handling make?

Hyster-Yale Materials Handling has a market capitalization of $1.45 billion and generates $3.29 billion in revenue each year.

How many employees does Hyster-Yale Materials Handling have?

Hyster-Yale Materials Handling employs 7,600 workers across the globe.

What is Hyster-Yale Materials Handling's official website?

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

Where are Hyster-Yale Materials Handling's headquarters?

Hyster-Yale Materials Handling is headquartered at 5875 LANDERBROOK DRIVE SUITE 300, CLEVELAND OH, 44124.

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 industrial products company can be reached via phone at 440-449-9600 or via email at [email protected]


This page was last updated on 4/13/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.