Hyster-Yale Materials Handling, Inc. (HY)
NYSE: HY · IEX Real-Time Price · USD
71.49
-1.37 (-1.88%)
At close: Jul 19, 2024, 4:00 PM
71.46
-0.03 (-0.04%)
After-hours: Jul 20, 2024, 12:58 PM EDT
HY Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for HY stock have an average target of 88.5, with a low estimate of 87 and a high estimate of 90. The average target predicts an increase of 23.79% from the current stock price of 71.49.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jun 7, 2024.
Analyst Ratings
The average analyst rating for HY stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 0 | 1 | 1 |
| Hold | 0 | 0 | 0 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Reiterates $87 | Strong Buy | Reiterates | $87 | +21.70% | Jun 7, 2024 |
| Northland Capital Markets | Northland Capital Markets | Hold → Buy Upgrades $90 | Hold → Buy | Upgrades | $90 | +25.89% | Jun 5, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy → Hold Downgrades $80 → $90 | Buy → Hold | Downgrades | $80 → $90 | +25.89% | May 10, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $85 → $87 | Strong Buy | Reiterates | $85 → $87 | +21.70% | May 9, 2024 |
| Roth MKM | Roth MKM | Strong Buy Initiates $85 | Strong Buy | Initiates | $85 | +18.90% | Dec 5, 2023 |
Financial Forecast
Revenue This Year
4.39B
from 4.12B
Increased by 6.52%
Revenue Next Year
4.43B
from 4.39B
Increased by 1.03%
EPS This Year
8.59
from 7.24
Increased by 18.65%
EPS Next Year
9.58
from 8.59
Increased by 11.51%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 4.5B | 4.6B |
| Avg | 4.4B | 4.4B |
| Low | 4.2B | 4.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 9.1% | 4.7% |
| Avg | 6.5% | 1.0% |
| Low | 0.9% | -5.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2028 |
|---|---|---|---|
| High | 8.76 | 10.50 | 10.66 |
| Avg | 8.59 | 9.58 | 10.45 |
| Low | 8.17 | 8.43 | 9.95 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2028 |
|---|---|---|---|
| High | 21.0% | 22.2% | 11.3% |
| Avg | 18.6% | 11.5% | 9.1% |
| Low | 12.9% | -1.9% | 3.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.