Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Hyster-Yale Materials (HY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. Hyster-Yale Materials is one of 222 companies in the Industrial Products group. The Industrial Products group currently si ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potent ...

liorpt/iStock Editorial via Getty Images Thesis On Tuesday, May 7, 2024, Hyster-Yale Materials Handling, Inc. (NYSE:HY) posted its first quarter-2024 earnings report. When markets opened the next morning the stock price shot up, closing 23.55% higher. The following day saw the price jump again, by another 8.35%. Altogether, the stock price climbed from $59.02 to $79.01 in the space of two days. Was there something incredibly huge in the earnings announcement from the lift truck company? No, but it was a ...

Good afternoon, ladies and gentlemen, and welcome to the Hyster-Yale Materials Handling First Quarter 2024 Earnings Conference Call. [Operator Instructions]. This call is being recorded on Wednesday, May 8, 2024. I would now like to turn the conference over to Christina Kmetko, Investor Relations. Please go ahead. Christina Kmetko Good afternoon, and thank you for joining us for Hyster-YaleÂ's 2024 first-quarter earnings call. I'm Christina Kmetko and I'm responsible for Investor Relations. Yesterday evenin ...

Exhibit 99 NEWS RELEASE 5875 Landerbrook Drive, Suite 300 • Cleveland, Ohio 44124-4069 Tel. (440) 449-9600 • Fax (440) 449-9577 FOR FURTHER INFORMATION, CONTACT: Christina Kmetko For Immediate Release (440) 449-9589 Tuesday, May 7, 2024 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 • Consolidat ...

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 share. The dividend is payable on both the Class A and Class B Common Stock and will be paid June 14, 2024, to stockholders of record at the close of business on May 31, 2024. About Hyster-Yale Materials Handling, Inc.Hyster-Yale Materials Handling, Inc., headquartered in Cleveland, Ohio, is a globally integrate ...

Hyster-Yale Materials (HY) came out with quarterly earnings of $2.93 per share, beating the Zacks Consensus Estimate of $2.14 per share. This compares to earnings of $1.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 36.92%. A quarter ago, it was expected that this maker of lift trucks and aftermarket parts would post earnings of $1.46 per share when it actually produced earnings of $1.43, delivering a surprise of -2.05%.Ov ...

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: March 31, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURI ...

GREENVILLE, N.C., May 02, 2024 (GLOBE NEWSWIRE) -- Representatives from Hyster-Yale Group joined Northwestern faculty from the Kellogg School of Management and Segal Institute for Design Innovation and innovation industry leaders like IDEO, PwC and IA Collaborative to facilitate the 2024 Kellogg Design Challenge, the largest business design case competition across MBA programs globally. As the platinum sponsor, Hyster-Yale provided the theme for this year's competition, AI x Design, which emphasizes the use ...