Hyster-Yale Materials Handling, Inc. (HY)

NYSE: HY · IEX Real-Time Price · USD
48.78
+1.22 (2.57%)
Mar 29, 2023, 4:00 PM EDT - Market closed
2.57%
Market Cap 837.00M
Revenue (ttm) 3.55B
Net Income (ttm) -74.10M
Shares Out 17.16M
EPS (ttm) -4.38
PE Ratio n/a
Forward PE n/a
Dividend $1.29 (2.65%)
Ex-Dividend Date Feb 28, 2023
Volume 71,817
Open 48.06
Previous Close 47.56
Day's Range 47.69 - 48.78
52-Week Range 20.99 - 48.80
Beta 1.26
Analysts Buy
Price Target 44.88 (-8.0%)
Earnings Date May 3, 2023

About HY

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 ... [Read more]

Sector Industrials
CEO Mr. Alfred Marshall Rankin Sr.
Employees 8,100
Stock Exchange NYSE
Ticker Symbol HY
Full Company Profile

Financial Performance

In 2022, HY's revenue was $3.55 billion, an increase of 15.37% compared to the previous year's $3.08 billion. Losses were -$74.10 million, -57.17% less than in 2021.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for HY stock is "Buy." The 12-month stock price forecast is $44.88, which is a decrease of -8.00% from the latest price.

Price Target
$44.88
(-8.00% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Yale expands availability of award-winning technology to support lift truck stability

Suite of operator assistance technologies now available on 18 Yale lift truck models, including VNA turret truck and enclosed end rider Suite of operator assistance technologies now available on 18 Ya...

1 week ago - GlobeNewsWire

Yale unveils new brand identity at ProMat

Brand positioning addresses the changing demands of today's warehouses and capitalizes on organizational strengths in research and development, and technology integration Brand positioning addresses t...

1 week ago - GlobeNewsWire

HYSTER-YALE MATERIALS HANDLING ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022 RESULTS

Q4 2022 Highlights:   Record consolidated revenues of $985.2 million increased 18.7% over the prior year quarter due to higher pricing and favorable sales mix across all lift truck segments Consolidat...

1 month ago - PRNewsWire

HYSTER-YALE MATERIALS HANDLING ANNOUNCES DATES OF 2022 FOURTH QUARTER AND FULL YEAR EARNINGS RELEASE AND CONFERENCE CALL

CLEVELAND , Feb. 16, 2023 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE:HY) will release its 2022 Fourth Quarter and Full Year financial results and will file its 2022 Annual Report on Fo...

1 month ago - PRNewsWire

HYSTER-YALE MATERIALS HANDLING DECLARES QUARTERLY DIVIDEND

CLEVELAND , Feb. 14, 2023 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE: HY) announced today that the Board of Directors declared a regular cash dividend of 32.25 cents per share. The div...

1 month ago - PRNewsWire

Hyster introduces first models in new A Series lineup

Highly configurable lift truck platform helps maximize operator performance while limiting total cost of ownership Highly configurable lift truck platform helps maximize operator performance while lim...

3 months ago - GlobeNewsWire

HYSTER-YALE MATERIALS HANDLING ANNOUNCES THIRD QUARTER 2022 RESULTS

Highlights:   Q3 2022 consolidated revenues of $840.1 million increased 12.3% over Q3 2021 primarily due to increased lift truck prices and parts volumes across all geographic segments Q3 2022 consoli...

5 months ago - PRNewsWire

HYSTER-YALE MATERIALS HANDLING, INC. ANNOUNCES DATES OF 2022 THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL

CLEVELAND , Oct. 25, 2022 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE: HY) will release its 2022 Third Quarter financial results and will file its 2022 Third Quarter 10-Q after the clos...

5 months ago - PRNewsWire

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

Nuvera fuel cell powers industry-first hydrogen top pick container handler Nuvera fuel cell powers industry-first hydrogen top pick container handler

6 months ago - GlobeNewsWire

Hyster-Yale: A Forklift Manufacturer Facing Unprecedented Challenges

Hyster-Yale Materials Handling Inc. ( HY , Financial) is one of the largest global manufacturers of lift trucks, more commonly known as forklifts. The company offers a broad assortment of solutions ai...

6 months ago - GuruFocus

HYSTER-YALE MATERIALS HANDLING, INC. ANNOUNCES CFO SUCCESSION PLAN

CLEVELAND , Aug. 10, 2022 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE: HY) announced that Kenneth C. Schilling, Senior Vice President, Chief Financial Officer and Treasurer, intends to ...

8 months ago - PRNewsWire

HYSTER-YALE MATERIALS HANDLING ANNOUNCES SECOND QUARTER 2022 RESULTS

Highlights:   Q2 2022 consolidated revenues increased 17.0% over Q2 2021 due to an 11.5% increase in shipments, primarily as a result of a 32.2% increase in EMEA lift truck shipments Q2 2022 consolida...

8 months ago - PRNewsWire

HYSTER-YALE MATERIALS HANDLING, INC. ANNOUNCES DATES OF 2022 SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALL

CLEVELAND , July 26, 2022 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE:HY) will release its 2022 Second Quarter financial results and will file its 2022 Second Quarter 10-Q after the clo...

8 months ago - PRNewsWire

Hyster-Yale Group Announces Dealer Territory Change in Tennessee Hyster Brand

GREENVILLE, N.C. , May 9, 2022 /PRNewswire/ -- Hyster-Yale Group announces a dealer territory change for its lift truck brands in the Southern United States.

11 months ago - PRNewsWire

Hyster to provide Hamburger Hafen und Logistik AG with hydrogen fuel cell-powered empty container handler and terminal tractor

GREENVILLE, N.C., May 05, 2022 (GLOBE NEWSWIRE) -- Hyster announces a non-binding Memorandum of Understanding to provide Hamburger Hafen und Logistik AG (HHLA) with two Hyster® electric container hand...

11 months ago - GlobeNewsWire

HYSTER-YALE MATERIALS HANDLING ANNOUNCES FIRST QUARTER 2022 RESULTS

Highlights:   Q1 2022 revenues increased 13.0% over Q1 2021 due to a 7.2% increase in consolidated shipments primarily as a result of an 18.7% increase in Americas lift truck shipments Comparable reve...

11 months ago - PRNewsWire

HYSTER-YALE MATERIALS HANDLING, INC. ANNOUNCES DATES OF 2022 FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL

CLEVELAND , April 26, 2022 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE:HY) will release its 2022 First Quarter financial results and will file its 2022 First Quarter 10-Q after the clos...

1 year ago - PRNewsWire

Yale narrow aisle reach truck chalks up third award win for performance in high-intensity e-commerce warehousing

GREENVILLE, N.C., March 30, 2022 (GLOBE NEWSWIRE) -- The Yale® narrow aisle reach truck, a lift truck designed for success in high-density warehousing applications, has been recognized with a 2021 GOO...

1 year ago - GlobeNewsWire

HYSTER-YALE MATERIALS HANDLING ANNOUNCES FOURTH QUARTER AND FULL YEAR 2021 RESULTS

CLEVELAND, Feb. 28, 2022 /PRNewswire/ -- Highlights:    Q4 2021 bookings increased 16.5% over Q4 2020 levels even as global lift truck market growth continued to moderate Q4 2021 revenues increased 15...

1 year ago - PRNewsWire

Hyster-Yale Materials Handling Announces Dates of 2021 Fourth Quarter and Full Year Earnings Release and Conference Call

CLEVELAND, Feb. 17, 2022 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE:HY) will release its 2021 Fourth Quarter financial and Full Year results and will file its 2021 Annual Report on For...

1 year ago - PRNewsWire

Hyster wins award for high-capacity electric forklift

GREENVILLE, N.C., Feb. 10, 2022 (GLOBE NEWSWIRE) -- The Hyster® J155-190XNL, a high-capacity lift truck series powered by an integrated lithium-ion battery pack, is a winner of the prestigious 2021 GO...

1 year ago - GlobeNewsWire

Yale Reliant wins product of the year award

GREENVILLE, N.C., Feb. 08, 2022 (GLOBE NEWSWIRE) -- Yale Reliant™, a lift truck operator assistance system, was crowned a 2021 Product of the Year by readers of Material Handling Product News and Mate...

1 year ago - GlobeNewsWire

7 Triple-F-Rated Stocks That Have No Hope in Sight

The contrarian in a lot of people perks up during selloffs like the one we're in right now, but don't let these F-rated stocks tempt you. The post 7 Triple-F-Rated Stocks That Have No Hope in Sight ap...

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1 year ago - InvestorPlace

HYSTER-YALE ANNOUNCES APPOINTMENT OF LIFTONE AS DEALER FOR THE ATLANTA MARKET

GREENVILLE, N.C., Jan. 6, 2022 /PRNewswire/ -- Hyster-Yale Group, Inc. Americas announced today that it has appointed LiftOne, a CTE company, with headquarters in Charlotte, NC, as the new Hyster® and...

1 year ago - PRNewsWire

Hyster-Yale Materials Handling, Inc. To Participate In Bank Of America 2021 Leveraged Finance Virtual Conference

CLEVELAND, Nov. 18, 2021 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE:HY) announced today that its management will participate in the Bank of America 2021 Leveraged Finance Virtual Confe...

1 year ago - PRNewsWire