Hyster-Yale(HY)
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Hyster-Yale (HY) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2025-02-11 00:05
Company Performance - Hyster-Yale's stock closed at $52.60, reflecting a +0.9% increase, outperforming the S&P 500's gain of 0.67% [1] - Over the past month, Hyster-Yale shares have appreciated by 4.66%, surpassing the Industrial Products sector's gain of 1.46% and the S&P 500's gain of 2.07% [1] Upcoming Earnings - Hyster-Yale is projected to report earnings of $1.38 per share, indicating a year-over-year decline of 3.5% [2] - The consensus estimate anticipates revenue of $1.02 billion, representing a 0.48% decrease from the same quarter last year [2] Analyst Estimates - Recent changes to analyst estimates for Hyster-Yale suggest a shifting landscape in near-term business trends, with positive revisions indicating analysts' confidence in the company's performance [3] - The Zacks Rank system, which incorporates estimate changes, provides actionable ratings based on these revisions [4] Valuation Metrics - Hyster-Yale's Forward P/E ratio is 9.67, indicating a discount compared to its industry's Forward P/E of 11.5 [6] - The Manufacturing - Construction and Mining industry, part of the Industrial Products sector, has a Zacks Industry Rank of 224, placing it in the bottom 11% of over 250 industries [6] Zacks Rank System - The Zacks Rank system ranges from 1 (Strong Buy) to 5 (Strong Sell), with 1 stocks historically returning an average of +25% annually since 1988 [5] - Currently, Hyster-Yale holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining stagnant over the past month [5]
Hyster-Yale: Asymmetrical Payoff For Short-Term Alpha After Market Punishment (Rating Upgrade)
Seeking Alpha· 2025-01-09 15:05
Hyster-Yale Materials Handling, Inc (HY) Analysis Core View - The analyst is turning more constructive on Hyster-Yale Materials Handling, Inc (HY) due to the current risk/reward calculus, with the stock trading at approximately 5x pre-tax earnings [1] - The stock has been negatively impacted by a difficult comparison period in 2024 [1] Valuation and Market Position - The stock is currently trading at a low valuation of ~5x pre-tax earnings, indicating potential undervaluation [1] - The company has faced challenges in 2024, leading to a decline in stock performance [1] Analyst Position - The analyst holds a beneficial long position in HY through stock ownership, options, or other derivatives [2] - The analysis reflects the analyst's personal opinion and is not influenced by external compensation or business relationships [2]
Hyster-Yale (HY) Rises But Trails Market: What Investors Should Know
ZACKS· 2025-01-09 00:11
The latest trading session saw Hyster-Yale (HY) ending at $50.22, denoting a +0.1% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.16% for the day. At the same time, the Dow added 0.25%, and the tech-heavy Nasdaq lost 0.06%.Shares of the maker of lift trucks and aftermarket parts witnessed a loss of 9.11% over the previous month, trailing the performance of the Industrial Products sector with its loss of 8.56% and the S&P 500's loss of 2.8%.Investors w ...
Hyster-Yale announces commitment to Build America, Buy America requirements for electric container handling and forklift equipment
Globenewswire· 2024-12-18 14:00
Maker of Hyster and Yale industrial trucks plans to satisfy American manufacturing criteria for equipment used in federally funded infrastructure projectsGREENVILLE, N.C., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Hyster-Yale Materials Handling, Inc. announces its plans to fulfill the domestic manufacturing requirements of the Build America, Buy America (BABA) Act for key portions of its product lineup. The maker of Hyster® and Yale® brand forklift trucks and container handling equipment plans to expand its existin ...
Hyster-Yale (HY) Misses Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-05 13:51
Hyster-Yale (HY) came out with quarterly earnings of $0.97 per share, missing the Zacks Consensus Estimate of $1.97 per share. This compares to earnings of $2.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -50.76%. A quarter ago, it was expected that this maker of lift trucks and aftermarket parts would post earnings of $2.28 per share when it actually produced earnings of $3.58, delivering a surprise of 57.02%.Over the la ...
Hyster-Yale(HY) - 2024 Q3 - Quarterly Report
2024-11-05 11:35
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _______________________________________________________________________________________________________________________________________________________________________________________________________ FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE ...
Hyster-Yale(HY) - 2024 Q3 - Quarterly Results
2024-11-05 11:34
Safe Harbor Statement and Disclosure This presentation includes forward-looking comments subject to important risks a may also contain financial measures that are not in conformance with accounting ¡ generally accepted in the United States of America (GAAP). Refer to Hyster-Yale's reports filed on Forms 8-K (current), 10-Q (quarterly), and 10 information on factors that could cause actual results to differ materially from info resentation and for information reconciling financial measures to GAAP. Past perf ...
HYSTER-YALE ANNOUNCES THIRD QUARTER 2024 RESULTS
Prnewswire· 2024-11-05 11:30
Q3 2024 Consolidated Highlights: Ongoing solid execution in seasonally lower third quarter Continued year-over-year revenue growth led by Americas Lift Truck and Bolzoni Operating Profit of $33.1 million below exceptionally strong Q3 2023 results Net Income of $17.2 million compared to $35.8 million in Q3 2023 Generated $70 million of cash from operations in Q3 2024CLEVELAND, Nov. 5, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) reported the following consolidated results for the three months ended Se ...
Here's Why Hyster-Yale (HY) Fell More Than Broader Market
ZACKS· 2024-10-21 23:20
Hyster-Yale (HY) closed the latest trading day at $66.63, indicating a -1.6% change from the previous session's end. This move lagged the S&P 500's daily loss of 0.18%. At the same time, the Dow lost 0.8%, and the tech-heavy Nasdaq gained 0.27%.The maker of lift trucks and aftermarket parts's stock has climbed by 9.56% in the past month, exceeding the Industrial Products sector's gain of 5.13% and the S&P 500's gain of 4.46%.The investment community will be paying close attention to the earnings performance ...
Hyster-Yale (HY) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-10-14 23:21
In the latest trading session, Hyster-Yale (HY) closed at $67.46, marking a -1.9% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 0.77%. Meanwhile, the Dow gained 0.47%, and the Nasdaq, a tech-heavy index, added 0.87%. Coming into today, shares of the maker of lift trucks and aftermarket parts had gained 15.23% in the past month. In that same time, the Industrial Products sector gained 8.52%, while the S&P 500 gained 4.87%. The investment community will be paying c ...