Joy Global Inc. is a manufacturer and servicer of mining equipment for the extraction of metals and minerals. The Company manufactures and markets original equipment and parts, and performs services for both underground and surface mining, as well as certain industrial applications. It operates in two business segments: Underground Mining Machinery (Underground) and Surface Mining Equipment (Surface). The Company is a producer of underground mining machinery for the extraction of coal, potash, salt, platinum and other bedded materials. It is also a producer of surface mining equipment for the extraction and haulage of copper, coal and other minerals and ores. The Company produces electric mining shovels, and also produces blasthole drills, walking draglines and wheel loaders for open-pit mining operations. The Company's equipment is used in mining regions throughout the world to mine coal, copper, iron ore, oil sands, gold and other minerals.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Mining Machinery & Equipment Manufacturing
- Sub-Industry: Construction & Farm Machinery & Heavy Trucks
- Symbol: NYSE:JOY
- CUSIP: 48116510
- Web: https://www.joyglobal.com/
Average Prices:- 50 Day Moving Avg: $28.17
- 200 Day Moving Avg: $27.98
- 52 Week Range: $14.04 - $28.55
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 44.92
- P/E Growth: 0.00
Profitability:- Net Margins: -0.06%
- Return on Equity: -0.08%
- Return on Assets: -0.03%
Debt:- Debt-to-Equity Ratio: 0.70%
- Current Ratio: 2.45%
- Quick Ratio: 1.40%
Misc:- Average Volume: 1.05 million shs.
- Beta: 1.85
Frequently Asked Questions for Joy Global (NYSE:JOY)
What is Joy Global's stock symbol?
Joy Global trades on the New York Stock Exchange (NYSE) under the ticker symbol "JOY."
How often does Joy Global pay dividends? What is the dividend yield for Joy Global?
Joy Global announced a quarterly dividend on Thursday, March 2nd. Investors of record on Friday, March 17th will be paid a dividend of $0.01 per share on Friday, March 31st. This represents a $0.04 annualized dividend and a yield of 0.14%. The ex-dividend date is Wednesday, March 15th. View Joy Global's Dividend History.
How were Joy Global's earnings last quarter?
Joy Global Inc. (NYSE:JOY) announced its earnings results on Wednesday, December, 14th. The company reported $0.17 EPS for the quarter, meeting the Zacks' consensus estimate of $0.17. The firm had revenue of $656.56 million for the quarter, compared to analyst estimates of $627.24 million. Joy Global had a negative return on equity of 0.08% and a negative net margin of 0.06%. Joy Global's revenue for the quarter was down 24.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.43 EPS. View Joy Global's Earnings History.
Where is Joy Global's stock going? Where will Joy Global's stock price be in 2017?
7 equities research analysts have issued 1 year target prices for Joy Global's shares. Their forecasts range from $28.00 to $28.00. On average, they anticipate Joy Global's share price to reach $28.00 in the next year. View Analyst Ratings for Joy Global.
Who are some of Joy Global's key competitors?
Some companies that are related to Joy Global include RDS-A (RDS-A), BHP Billiton Limited (BHP), BHP Billiton PLC (BBL), Rio Tinto PLC (RIO), Dow Chemical Company (The) (DOW), E.I. du Pont de Nemours and Company (DD), BHP Billiton plc (BLT), Rio Tinto plc (RIO), Glencore PLC (GLNCY), Monsanto Company (MON), Vale S.A. (VALE), Syngenta AG (SYT), Shin-Etsu Chemical (SHECY), Ecolab (ECL), Praxair (PX), Linde Ag Spon (LNEGY), LyondellBasell Industries NV (LYB) and Air Products and Chemicals (APD).
How do I buy Joy Global stock?
Shares of Joy Global can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Joy Global's stock price today?
One share of Joy Global stock can currently be purchased for approximately $28.30.
MarketBeat Community Rating for Joy Global (NYSE JOY)MarketBeat's community ratings are surveys of what our community members think about Joy Global and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Joy Global (NYSE:JOY) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 6 Hold Ratings |
| Consensus Rating: | Hold (Score: 1.86) |
| Consensus Price Target: | $28.00 (1.06% downside) |
Analysts' Ratings History for Joy Global (NYSE:JOY)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/4/2017 | Jefferies Group LLC | Reiterated Rating | Hold | $28.00 | N/A |  |
| 3/16/2017 | Axiom Securities | Reiterated Rating | Sell | | Low | |
| 10/19/2016 | Macquarie | Downgrade | Outperform -> Neutral | | N/A | |
| 10/19/2016 | William Blair | Downgrade | Outperform -> Market Perform | | N/A | |
| 10/19/2016 | CL King | Downgrade | Buy -> Neutral | | N/A | |
| 9/20/2016 | BMO Capital Markets | Reiterated Rating | Hold | $28.00 | N/A | |
| 9/2/2016 | Robert W. Baird | Downgrade | Outperform -> Neutral | $26.00 -> $28.00 | N/A | |
| 7/22/2016 | FBR & Co | Reiterated Rating | Buy | | N/A | |
| 7/22/2016 | Avondale Partners | Downgrade | Outperform -> Market Perform | | N/A | |
| 7/21/2016 | Barclays PLC | Downgrade | Overweight -> Equal Weight | | N/A | |
| 7/21/2016 | BB&T Corporation | Upgrade | Underweight -> Hold | | N/A | |
| 6/6/2016 | Bank of America Corporation | Reiterated Rating | Hold | $22.00 -> $24.00 | N/A | |
| 6/4/2016 | Citigroup Inc. | Reiterated Rating | Hold | | N/A | |
| 6/3/2016 | Morgan Stanley | Boost Price Target | Equal Weight | $13.00 -> $14.00 | N/A | |
| 5/9/2016 | Forward View | Upgrade | Sell -> Hold | | N/A | |
| 4/25/2016 | Goldman Sachs Group, Inc. (The) | Upgrade | Sell -> Neutral | $13.00 -> $24.00 | N/A | |
| 3/5/2016 | Royal Bank Of Canada | Reiterated Rating | Hold | | N/A | |
| 3/2/2016 | J P Morgan Chase & Co | Reiterated Rating | Neutral | | N/A | |
| 12/17/2015 | Susquehanna Bancshares Inc | Lower Price Target | Neutral | $20.00 -> $13.00 | N/A | |
| 12/17/2015 | Raymond James Financial, Inc. | Lower Price Target | Market Perform | $23.00 -> $13.00 | N/A | |
| 9/6/2015 | Deutsche Bank AG | Reiterated Rating | Hold | | N/A | |
| 8/14/2015 | Canaccord Genuity | Reiterated Rating | Buy | | N/A | |
| 7/28/2015 | Scotiabank | Downgrade | Sell | $21.00 | N/A | |
(Data available from 7/27/2015 forward)
Earnings History for Joy Global (NYSE:JOY)Earnings History by Quarter for Joy Global (NYSE JOY)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 3/2/2017 | Q1 2017 | ($0.09) | ($0.06) | $511.62 million | $497.77 million | View | N/A | |
| 12/14/2016 | Q4 2016 | $0.17 | $0.17 | $627.24 million | $656.56 million | View | N/A | |
| 9/1/2016 | Q316 | $0.12 | $0.10 | $612.02 million | $586.55 million | View | N/A | |
| 6/2/2016 | Q216 | ($0.01) | $0.09 | $605.64 million | $602.00 million | View | N/A | |
| 3/3/2016 | Q116 | ($0.12) | ($0.23) | $531.91 million | $526.30 million | View | Listen | |
| 12/16/2015 | Q415 | $0.42 | $0.43 | $791.14 million | $865.60 million | View | Listen | |
| 9/3/2015 | Q315 | $0.60 | $0.54 | $798.17 million | $792.00 million | View | Listen | |
| 6/4/2015 | Q215 | $0.55 | $0.59 | $815.24 million | $810.00 million | View | Listen | |
| 3/5/2015 | Q115 | $0.38 | $0.25 | $753.75 million | $704.00 million | View | N/A | |
| 12/17/2014 | Q414 | $1.15 | $1.25 | $1.05 billion | $1.13 billion | View | N/A | |
| 9/4/2014 | Q314 | $0.86 | $0.80 | $934.25 million | $876.00 million | View | N/A | |
| 6/5/2014 | Q214 | $0.71 | $0.76 | $933.02 million | $930.00 million | View | N/A | |
| 3/6/2014 | Q114 | $0.64 | $0.49 | $835.38 million | $839.00 million | View | N/A | |
| 12/11/2013 | Q413 | $1.11 | $0.25 | $1.12 billion | $1.18 billion | View | Listen | |
| 8/28/2013 | Q3 2013 | $1.36 | $1.70 | $1.18 billion | $1.32 billion | View | N/A | |
| 5/30/2013 | Q2 2013 | $1.58 | $1.73 | $1.28 billion | $1.36 billion | View | N/A | |
| 2/27/2013 | Q1 2013 | $1.14 | $1.31 | $1.08 billion | $1.15 billion | View | N/A | |
| 8/29/2012 | Q312 | $1.88 | $1.82 | $1.43 billion | $1.39 billion | View | N/A | |
| 5/31/2012 | | $1.96 | $2.04 | | | View | N/A | |
| 2/29/2012 | | $1.35 | $1.33 | | | View | N/A | |
| 12/14/2011 | | $1.87 | $1.90 | | | View | N/A | |
| 8/31/2011 | | $1.54 | $1.61 | | | View | N/A | |
| 6/2/2011 | | $1.35 | $1.52 | | | View | N/A | |
| 3/2/2011 | | $1.07 | $0.96 | | | View | N/A | |
| 12/15/2010 | | $1.16 | $1.39 | $922.84 million | $1.05 billion | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Joy Global (NYSE:JOY)2017 EPS Consensus Estimate: $0.50
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 3 | ($0.15) | $0.05 | ($0.08) |
| Q2 2017 | 4 | $0.10 | $0.20 | $0.14 |
| Q3 2017 | 3 | $0.12 | $0.28 | $0.18 |
| Q4 2017 | 3 | $0.19 | $0.39 | $0.26 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Joy Global (NYSE:JOY)| Most Recent Dividend: | 3/31/2017 |
| Annual Dividend: | $0.04 |
| Dividend Yield: | 0.14% |
| Dividend Growth: | -61.50% (3 Year Average) |
| Payout Ratio: | -6.67% (Trailing 12 Months of Earnings)
8.89% (Based on This Year's Estimates)
6.35% (Based on Next Year's Estimates)
|
| Track Record: | 3 Years of Consecutive Dividend Growth |
Dividend History by Quarter for Joy Global (NYSE JOY)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/2/2017 | quarterly | $0.01 | 0.14% | 3/15/2017 | 3/17/2017 | 3/31/2017 |
| 12/14/2016 | quarterly | $0.01 | 0.14% | 12/28/2016 | 12/30/2016 | 1/13/2017 |
| 9/1/2016 | quarterly | $0.01 | 0.15% | 9/15/2016 | 9/19/2016 | 10/3/2016 |
| 6/2/2016 | quarterly | $0.01 | 0.2% | 6/20/2016 | 6/22/2016 | 7/6/2016 |
| 3/3/2016 | quarterly | $0.01 | 0.23% | 3/16/2016 | 3/18/2016 | 4/4/2016 |
| 12/16/2015 | quarterly | $0.01 | 0.34% | 12/28/2015 | 12/30/2015 | 1/15/2016 |
| 8/19/2015 | quarterly | $0.20 | 3.23% | 9/2/2015 | 9/4/2015 | 9/18/2015 |
| 5/21/2015 | quarterly | $0.20 | 1.95% | 6/2/2015 | 6/4/2015 | 6/18/2015 |
| 2/19/2015 | quarterly | $0.20 | 1.79% | 3/2/2015 | 3/4/2015 | 3/18/2015 |
| 11/20/2014 | quarterly | $0.20 | 1.49% | 12/2/2014 | 12/4/2014 | 12/18/2014 |
| 8/19/2014 | quarterly | $0.20 | 1.25% | 9/2/2014 | 9/4/2014 | 9/18/2014 |
| 5/22/2014 | quarterly | $0.20 | 1.37% | 6/2/2014 | 6/4/2014 | 6/18/2014 |
| 2/19/2014 | quarterly | $0.18 | 1.24% | 2/28/2014 | 3/4/2014 | 3/18/2014 |
| 11/19/2013 | quarterly | $0.18 | 1.27% | 12/2/2013 | 12/4/2013 | 12/18/2013 |
| 8/20/2013 | quarterly | $0.18 | 1.38% | 8/30/2013 | 9/4/2013 | 9/18/2013 |
| 5/21/2013 | quarterly | $0.18 | 1.23% | 5/31/2013 | 6/4/2013 | 6/18/2013 |
| 2/20/2013 | quarterly | $0.18 | 1.07% | 2/28/2013 | 3/4/2013 | 3/18/2013 |
| 2/18/2013 | quarterly | $0.18 | | | 3/4/2013 | 3/18/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Joy Global (NYSE:JOY)Insider Ownership Percentage: 0.99%
Institutional Ownership Percentage: 81.45%
Insider Trades by Quarter for Joy Global (NYSE:JOY)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 12/30/2016 | Edward L Doheny II | Insider | Sell | 408,022 | $28.01 | $11,428,696.22 | |
| 12/29/2016 | Peter B Salditt | Insider | Sell | 50,000 | $28.02 | $1,401,000.00 | |
| 12/28/2016 | John M Koetz | Insider | Sell | 35,165 | $28.04 | $986,026.60 | |
| 12/27/2016 | Douglas E Blom | Insider | Sell | 938 | $28.05 | $26,310.90 | |
| 12/21/2016 | Matthew S Kulasa | VP | Sell | 580 | $28.01 | $16,245.80 | |
| 12/21/2016 | Sean D Major | EVP | Sell | 41,586 | $28.01 | $1,164,823.86 | |
| 12/19/2016 | Johannes S Maritz | EVP | Sell | 26,894 | $28.06 | $754,645.64 | |
| 12/15/2016 | James M Sullivan | CFO | Sell | 138,099 | $28.05 | $3,873,676.95 | |
| 1/6/2016 | Edward L Doheny II | CEO | Buy | 10,000 | $11.20 | $112,000.00 | |
| 9/28/2015 | Paul Eric Siegert | Director | Buy | 25,000 | $14.79 | $369,750.00 | |
| 9/16/2015 | Mark Joseph Gliebe | Director | Buy | 5,500 | $19.04 | $104,720.00 | |
| 9/15/2015 | Richard B Loynd | Director | Buy | 5,000 | $18.60 | $93,000.00 | |
| 9/9/2015 | John Nils Hanson | Director | Buy | 16,000 | $18.58 | $297,280.00 | |
| 9/4/2015 | Edward L. Doheny II | CEO | Buy | 25,000 | $19.15 | $478,750.00 | |
| 6/8/2015 | Richard B Loynd | Director | Buy | 5,000 | $38.51 | $192,550.00 | |
| 6/5/2015 | Edward L Doheny II | CEO | Buy | 7,750 | $38.32 | $296,980.00 | |
| 6/5/2015 | James M Sullivan | CFO | Buy | 4,000 | $38.48 | $153,920.00 | |
| 7/16/2014 | Sean D Major | EVP | Sell | 9,333 | $64.00 | $597,312.00 | |
| 6/20/2014 | Sean D Major | EVP | Sell | 2,000 | $62.82 | $125,640.00 | |
| 3/27/2014 | Johannes Maritz | EVP | Sell | 3,000 | $57.50 | $172,500.00 | |
| 3/7/2014 | Richard Loynd | Director | Sell | 1,200 | $56.68 | $68,016.00 | |
| 3/6/2013 | Richard B Loynd | Director | Sell | 1,095 | $62.16 | $68,065.20 | |
(Data available from 1/1/2013 forward)
Headline Trends for Joy Global (NYSE:JOY)
Latest Headlines for Joy Global (NYSE:JOY)
| Source: |
|
| Date | Headline |
|---|
 | Watermark Asset Management, Inc. Buys iShares iBoxx $ High Yield Corporate Bond, iShares 20+ ... - Nasdaq
www.nasdaq.com - July 18 at 4:08 PM |
 | Montabert Confirms Business as Usual Following Acquisition; No ... - Business Wire (press release)
www.businesswire.com - June 12 at 6:39 PM |
| Montabert Confirms Business as Usual Following Acquisition; No Changes to Dealer Network
www.businesswire.com - June 12 at 4:28 AM |
 | Mining Equipment Market is expected to reach 128.39 billion USD by 2025
www.bizjournals.com - May 23 at 11:03 AM |
 | Mining Equipment Market is expected to reach 128.39 billion USD by 2025 - PR Newswire (press release)
www.prnewswire.com - May 23 at 11:03 AM |
| Komatsu forecasts 10.4 percent fall in operating profit this year
www.nasdaq.com - April 27 at 8:57 AM |
 | Joy Global Inc. -- Moody's upgrades Joy Global's senior unsecured ratings to A2, outlook stable
finance.yahoo.com - April 20 at 6:09 PM |
 | Analysts Anticipate Joy Global Inc. (JOY) Will Announce Quarterly Sales of $0.00
www.americanbankingnews.com - April 8 at 9:06 AM |
| Joy Global Announces Payment of Consent Fee in Connection with Its Consent Solicitation - Business Wire (press release)
www.businesswire.com - April 7 at 5:55 PM |
| Joy Global becomes Komatsu Mining, keeps Milwaukee HQ as $3.7B deal closes
www.bizjournals.com - April 7 at 10:38 AM |
| Komatsu Acquires Joy Global to Expand Mining Business
finance.yahoo.com - April 7 at 10:38 AM |
| Joy Global Announces Payment of Consent Fee in Connection with Its Consent Solicitation
finance.yahoo.com - April 7 at 10:38 AM |
| ETFs with exposure to Joy Global, Inc. : April 5, 2017
finance.yahoo.com - April 7 at 10:38 AM |
| Joy Global Inc. (JOY) Receives Hold Rating from Jefferies Group LLC
www.americanbankingnews.com - April 6 at 9:36 PM |
| Joy Global Inc. (JOY) Expected to Post Earnings of $0.12 Per Share
www.americanbankingnews.com - April 6 at 6:18 PM |
| Joy Global Inc. (JOY) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - March 27 at 1:49 PM |
| Axiom Securities Reaffirms “Sell” Rating for Joy Global Inc. (JOY)
www.americanbankingnews.com - March 16 at 6:50 PM |
| Joy Global Inc. (JOY) Ex-Dividend Date Scheduled for March 15, 2017 - Nasdaq
www.nasdaq.com - March 14 at 11:38 AM |
| JOY GLOBAL INC Financials
finance.yahoo.com - March 9 at 3:45 PM |
| Joy Global (JOY) Reports Wider-than-Expected Loss in Q1
finance.yahoo.com - March 3 at 6:02 PM |
| JOY GLOBAL INC Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - March 3 at 6:02 PM |
 | BRIEF-Joy Global Q1 adjusted loss per share $0.06
www.reuters.com - March 2 at 6:21 PM |
| Joy Global Announces First Quarter Fiscal 2017 Operating Results ... - Business Wire (press release)
www.businesswire.com - March 2 at 6:21 PM |
 | EARNINGS SUMMARY: Details of Joy Global Inc. Q1 Earnings Report
www.rttnews.com - March 2 at 10:37 AM |
 | Joy Global Announces First Quarter Fiscal 2017 Operating Results
us.rd.yahoo.com - March 2 at 10:37 AM |
| Joy Global Inc. Declares Quarterly Dividend of $0.01 Per Share
us.rd.yahoo.com - March 2 at 10:36 AM |
| 6:04 am Joy Global beats by $0.06, misses on revs; expects the Komatsu (KMTUY) transaction to close by mid-2017 or earlier
us.rd.yahoo.com - March 2 at 10:36 AM |
 | More on Joy Global's FQ1 - Seeking Alpha
seekingalpha.com - March 2 at 10:36 AM |
| Joy Global Inc. Declares Quarterly Dividend of $0.01 Per Share - Yahoo Finance
finance.yahoo.com - March 2 at 10:36 AM |
| Q1 2017 Joy Global Inc Earnings Release - Before Market Open
biz.yahoo.com - March 2 at 10:36 AM |
| JOY GLOBAL INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - March 2 at 10:36 AM |
| Waukesha hired ad agency to brand Lake Michigan water diversion plan
www.bizjournals.com - March 1 at 5:46 PM |
 | Binswanger Named Exclusive Agent for the Sale of Joy Global's 465,000 Sq. Ft. Industrial Facility in Franklin, Pennsylvania
www.finanznachrichten.de - February 24 at 7:21 PM |
| Joy Global Inc. Announces Fiscal First Quarter 2017 Earnings Release Information - Business Wire (press release)
www.businesswire.com - February 24 at 10:04 AM |
| Joy Global Inc. Announces Fiscal First Quarter 2017 Earnings Release Information
finance.yahoo.com - February 23 at 6:03 PM |
| Growth Opportunities in the Global Mining Equipment Industry, December 2016
www.prnewswire.com - February 16 at 10:45 PM |
 | Form SC 13G/A JOY GLOBAL INC Filed by: STATE STREET CORP - StreetInsider.com
www.streetinsider.com - February 10 at 6:53 PM |
Joy Global (JOY) Chart for Thursday, July, 27, 2017
