Hyster-Yale Materials Handling, Inc. (HY)

NYSE: HY · IEX Real-Time Price · USD
71.15
+0.49 (0.69%)
Jun 24, 2024, 4:00 PM EDT - Market closed
0.69%
Market Cap 1.24B
Revenue (ttm) 4.18B
Net Income (ttm) 150.80M
Shares Out 17.50M
EPS (ttm) 8.62
PE Ratio 8.28
Forward PE 8.83
Dividend $1.40 (1.97%)
Ex-Dividend Date May 31, 2024
Volume 48,201
Open 70.42
Previous Close 70.66
Day's Range 70.45 - 72.53
52-Week Range 38.50 - 79.66
Beta 1.41
Analysts Strong Buy
Price Target 88.50 (+24.39%)
Earnings Date Jul 30, 2024

About HY

Hyster-Yale, Inc., through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. The company manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. It markets its products primarily under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships. The company 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... [Read more]

Sector Industrials
CEO Rajiv K. Prasad
Employees 8,600
Stock Exchange NYSE
Ticker Symbol HY
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for HY stock is "Strong Buy." The 12-month stock price forecast is $88.5, which is an increase of 24.39% from the latest price.

Price Target
$88.5
(24.39% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

HYSTER-YALE, INC. AND HYSTER-YALE MATERIALS HANDLING, INC.

CLEVELAND , June 3, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) announced today that it adopted a new corporate logo in connection with its name change. The name change was effective at close of...

21 days ago - PRNewsWire

HYSTER-YALE MATERIALS HANDLING DECLARES QUARTERLY DIVIDEND

CLEVELAND , May 8, 2024 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE: HY) today announced that the Board of Directors increased its regular cash dividend from 32.5 cents to 35 cents per ...

6 weeks ago - PRNewsWire

HYSTER-YALE MATERIALS HANDLING ANNOUNCES FIRST QUARTER 2024 RESULTS

Q1 2024 Highlights:   Consolidated operating profit of $83.8 million, up 97% from Q1 2023, and above previous expectations Consolidated operating profit margin of 7.9%, up from 4.3% in Q1 2023 Consoli...

6 weeks ago - PRNewsWire

HYSTER-YALE MATERIALS HANDLING ANNOUNCES DATES OF FIRST QUARTER 2024 EARNINGS RELEASE AND WEBCAST

CLEVELAND , April 30, 2024 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE: HY) will release its First Quarter 2024 financial results after market close on Tuesday, May 7, 2024. In conjunct...

7 weeks ago - PRNewsWire

HYSTER-YALE MATERIALS HANDLING ANNOUNCES NEW CORPORATE NAME

CLEVELAND , April 2, 2024 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE: HY) announced today that it will change its corporate name to Hyster-Yale, Inc. The Company's wholly owned operati...

2 months ago - PRNewsWire

Yale introduces advanced dynamic stability system as standalone option at MODEX 2024

Individual option of the brand's forklift operator assist solution provides greater choice for warehouse operations Individual option of the brand's forklift operator assist solution provides greater ...

3 months ago - GlobeNewsWire

Hyster to supply 10 zero-emission battery electric terminal tractors to APM Terminals

GREENVILLE, N.C., March 04, 2024 (GLOBE NEWSWIRE) -- Hyster Company announces an agreement to provide APM Terminals with 10 battery-powered terminal tractors for their location at the Port of Mobile i...

4 months ago - GlobeNewsWire

HYSTER-YALE MATERIALS HANDLING ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 RESULTS

Q4 and Full-Year 2023 Highlights:   Q4 consolidated operating profit of $48.7 million up 146% from Q4 2022, despite $9.6 million of equity incentive compensation expense specifically due to appreciati...

4 months ago - PRNewsWire

HYSTER-YALE MATERIALS HANDLING ANNOUNCES DATES OF FOURTH QUARTER AND FULL YEAR 2023 EARNINGS RELEASE AND WEBCAST

CLEVELAND , Feb. 20, 2024 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE: HY) will release its Fourth Quarter and Full Year 2023 financial results after market close on Tuesday, February 2...

4 months ago - PRNewsWire

A flying taxi company and other stock bets that will work even in a tough market ahead, says this hedge-fund manager

Can the S&P 500 SPX squeak by with another winning session? Watch for comments from Fed Chairman Jerome Powell to come and another bond auction.

Other symbols: ENVJOBYMCWQCOMRCMTDG
8 months ago - Market Watch

HYSTER-YALE MATERIALS HANDLING ANNOUNCES THIRD QUARTER 2023 RESULTS

Q3 2023 Highlights:   Consolidated revenues of $1.0 billion increased 19% over Q3 2022 due to higher sales volumes, favorable pricing and currency movements Consolidated operating profit of $58.6 mill...

8 months ago - PRNewsWire

HYSTER-YALE MATERIALS HANDLING, INC. TO HOLD ANALYST DAY ON THURSDAY, NOVEMBER 16, 2023

CLEVELAND , Oct. 30, 2023 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE:HY) announced today that it will hold an Analyst Day for institutional investors and equity analysts on Thursday, N...

8 months ago - PRNewsWire

HYSTER-YALE MATERIALS HANDLING ANNOUNCES DATES OF 2023 THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL

CLEVELAND , Oct. 24, 2023 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE: HY) will release its 2023 Third Quarter financial results after the close of the market on Tuesday, October 31, 20...

8 months ago - PRNewsWire

HYSTER-YALE MATERIALS HANDLING ANNOUNCES SECOND QUARTER 2023 RESULTS

Q2 2023 Highlights:   Consolidated revenues of $1.1 billion increased 22% over Q2 2022 due to higher sales volumes and pricing Consolidated operating profit of $58.8 million compared with a loss in Q2...

11 months ago - PRNewsWire

HYSTER-YALE MATERIALS HANDLING ANNOUNCES DATES OF 2023 SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALL

CLEVELAND , July 25, 2023 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE: HY) will release its 2023 Second Quarter financial results after the close of the market on Tuesday, August 1, 202...

11 months ago - PRNewsWire

Hyster-Yale Materials Handling: Good Growth and Attractive Valuation

Hyster-Yale's bottom line is improving and it appears to be undervalued.

1 year ago - GuruFocus

HYSTER-YALE MATERIALS HANDLING, INC. TO ATTEND UPCOMING INVESTOR CONFERENCES

CLEVELAND , May 3, 2023 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE:HY) announced today its attendance at two upcoming investor conferences: Thursday, May 11, 2023 - The Inaugural EF Hu...

1 year ago - PRNewsWire

Hyster introduces forklift stability control system to help support safety initiatives, adherence to best practices

Maintenance-free system leverages four subsystems, limits travel speed, truck lean and tilt in real time Maintenance-free system leverages four subsystems, limits travel speed, truck lean and tilt in ...

1 year ago - GlobeNewsWire

HYSTER-YALE MATERIALS HANDLING ANNOUNCES FIRST QUARTER 2023 RESULTS

Q1 2023 Highlights:   Consolidated revenues of nearly $1 billion increased 21% over Q1 2022 due to higher pricing and sales volumes, and an improved sales mix Consolidated operating profit of $42.6 mi...

1 year ago - PRNewsWire

HYSTER-YALE MATERIALS HANDLING ANNOUNCES DATES OF 2023 FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL

CLEVELAND , April 25, 2023 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE: HY) will release its 2023 First Quarter financial results after the close of the market on Tuesday, May 2, 2023. ...

1 year ago - PRNewsWire

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 year 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 year 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 year 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 year 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...

1 year ago - GlobeNewsWire