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NYSE:HY

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

$32.05
-0.30 (-0.93%)
(As of 02/7/2023 09:46 AM ET)
Add
Compare
Today's Range
$32.05
▼
$32.22
50-Day Range
$24.67
▼
$33.90
52-Week Range
$20.99
▼
$43.47
Volume
1,746 shs
Average Volume
52,566 shs
Market Capitalization
$542.93 million
P/E Ratio
N/A
Dividend Yield
3.89%
Price Target
$36.00

Hyster-Yale Materials Handling MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
11.3% Upside
$36.00 Price Target
Short Interest
Healthy
4.11% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.50mentions of Hyster-Yale Materials Handling in the last 14 days
Based on 6 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.

1.99 out of 5 stars

Industrial Products Sector

154th out of 175 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. 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

February 7, 2023 | marketwatch.com
High Level Electric Order Pickers (above 8m) Market is expected to witness Incredible Growth during 2023-2028
February 6, 2023 | marketwatch.com
Movable Lift Market Research Reports, Industry Size, Growth Opportunity, Regional Analysis 2023-2028
February 7, 2023 | Investing Trends (Ad)
Solar Industry at Start of Long Bull Run?
The U.S. solar industry generated nearly $33 billion of private investment in the American economy in 2021 -- and analysts say it looks like the start of a long solar bull market. Leading the way is the just-signed Inflation Reduction Act of 2022. With its generous investment tax credits, the Act is expected to triple U.S. solar energy production over the next 5 years.
February 4, 2023 | marketwatch.com
Automated Forklift Market 2023 Size Industry, Current Trends, Demand and Size Share Estimation by 2029 with Top Players
February 2, 2023 | cnbc.com
Yale University’s most popular class is now free for teenagers—why it could make you happier
February 2, 2023 | marketwatch.com
Hydrogen Fuel Cell Forklift Market: 2023 Complete Analysis Report with New Developments Plans By 2028
February 2, 2023 | marketwatch.com
Hydrogen Fuel Cell Forklift Market 2023: Market Size, Increasing Demand, Gross Margin and Competitive Analysis 2023-2028
January 31, 2023 | marketwatch.com
Electric Order Picker Market Size Insight Report 2023 to 2028 by Top Key Players, Types, End Users and Regions with COVID-19 Impact Analysis
February 7, 2023 | Investing Trends (Ad)
Solar Industry at Start of Long Bull Run?
The U.S. solar industry generated nearly $33 billion of private investment in the American economy in 2021 -- and analysts say it looks like the start of a long solar bull market. Leading the way is the just-signed Inflation Reduction Act of 2022. With its generous investment tax credits, the Act is expected to triple U.S. solar energy production over the next 5 years.
January 30, 2023 | marketwatch.com
Forklifts & Lift Trucks Market Geographical Analysis by Size 2023 | Recent Development, Applications, Top Key Players and Forecast To 2026
January 17, 2023 | marketwatch.com
Industrial Truck Market 2023 : Business Scenario, Corporate Profiles, Size and Dynamic Innovation by 2028
January 17, 2023 | marketwatch.com
Autonomous Material Handling Equipment Market Size 2023 with big Company segment, Cost-effective Solutions Analysis Information 2028
January 16, 2023 | finance.yahoo.com
Hyster-Yale Materials Handling, Inc. (NYSE:HY) is definitely on the radar of institutional investors who own 44% of the company
January 16, 2023 | marketwatch.com
Electric Forklift Truck Market 2023-2028 : Leading Growth Drivers, Emerging Audience, Segments, Industry Sales, Profits & Analysis
January 13, 2023 | benzinga.com
Forklift Truck Global Market Report 2022
January 13, 2023 | marketwatch.com
Industrial Lift Truck Market Analysis Research Report, Challenges, Scopes, Market Share, Revenue, and Forecasts 2023 to 2028
January 13, 2023 | marketwatch.com
Scissor Lift Market Size And Opportunities for New Players, Forecast from 2023 To 2028 with Top Countries Data
January 12, 2023 | finance.yahoo.com
Nuvera Fuel Cells and Urban Mobility Systems to Power Zero-Emission Vehicles and Equipment in Europe
January 12, 2023 | marketwatch.com
Hydrogen Fuel Cell Forklift Market 2023 Analysis by Industry Size, Demand and Share Estimations Forecast to 2027 with Growth Dynamics
January 10, 2023 | benzinga.com
Global Forklift Truck Market 2022 to 2031 - Players Include Crown Equipment, Godrej & Boyce, Hangcha and Hyster-Yale Materials Handling
January 10, 2023 | marketwatch.com
Material Handling Equipment Market Opportunities, Size, Share, Emerging Trends, And Forecast To 2028
January 9, 2023 | marketwatch.com
Forklifts & Lift Trucks Market : Research Report Provides an In-Depth Insight of Trends 2023 To 2028
January 5, 2023 | marketwatch.com
Chain Conveyors Market 2023 : Growth Statistics, Industry Share, Latest Trends, Growth Drivers, Size and Forecast till 2028
January 5, 2023 | marketwatch.com
Forklifts Market Grows Massively, with Industry Entry Investment Feasibility, and Report Conclusion to 2028 | No. 89 Data Insights
January 4, 2023 | marketwatch.com
Forklifts Market 2023 : Top Countries Data with Growth Rate Competitive Landscape and Forecast To 2028
January 3, 2023 | marketwatch.com
Hydrogen Fuel Cell Forklift Market 2023: Big Expansion in Industry with Business Statistics, Developments and Future Insights Forecast to 2027
December 29, 2022 | marketwatch.com
With 3.1% CAGR, Forklift Trucks Market to Witness A Pronounce Growth During 2023-2028 | 111 Pages Report
See More Headlines
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HY Company Calendar

Last Earnings
11/02/2021
Ex-Dividend for 12/15 Dividend
11/30/2022
Dividend Payable
12/15/2022
Today
2/07/2023
Next Earnings (Estimated)
2/27/2023
Fiscal Year End
12/31/2023
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
1989

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
+12.3%
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
0.18
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$22.75 per share
Price / Book
1.41

Miscellaneous

Outstanding Shares
16,940,000
Free Float
13,882,000
Market Cap
$542.93 million
Optionable
Optionable
Beta
1.34

Social Links


Key Executives

  • Alfred M. RankinAlfred 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
  • Kenneth Christopher Schilling
    Senior Vice President

Key Competitors

View All Competitors

Insiders & Institutions

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 twelve months. 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 12-month price targets for Hyster-Yale Materials Handling's stock. Their HY share price forecasts range from $36.00 to $36.00. On average, they anticipate the company's stock price to reach $36.00 in the next year. This suggests a possible upside of 11.3% 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 beginning of the year. Since then, HY shares have increased by 27.8% and is now trading at $32.35.
View the best growth stocks for 2023 here.

Are investors shorting Hyster-Yale Materials Handling?

Hyster-Yale Materials Handling saw a decrease in short interest in the month of January. As of January 15th, there was short interest totaling 234,200 shares, a decrease of 12.5% from the December 31st total of 267,700 shares. Based on an average trading volume of 50,800 shares, the short-interest ratio is presently 4.6 days. Approximately 4.1% 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 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 quarterly earnings data on Tuesday, November, 2nd. The industrial products company reported ($4.59) EPS for the quarter, missing analysts' consensus estimates of ($0.43) by $4.16. The industrial products company earned $748.20 million during the quarter. Hyster-Yale Materials Handling had a negative trailing twelve-month return on equity of 48.67% and a negative net margin of 5.45%.

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, November 15th. Investors 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 3.98%. 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 3.89%.
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 variety of institutional and retail investors. Top institutional shareholders include Hunter Associates Investment Management LLC (0.38%), Assenagon Asset Management S.A. (0.30%), Mcdonald Partners LLC (0.23%), Strs Ohio (0.12%), Harel Insurance Investments & Financial Services Ltd. (0.06%) and Janney Montgomery Scott LLC (0.05%). 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 $32.35.

How much money does Hyster-Yale Materials Handling make?

Hyster-Yale Materials Handling (NYSE:HY) has a market capitalization of $547.98 million and generates $3.39 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.

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 2/7/2023 by MarketBeat.com Staff