Hyster-Yale (HY) closed the most recent trading day at $75.70, moving +1.5% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.16%. On the other hand, the Dow registered a loss of 0.14%, and the technology-centric Nasdaq decreased by 0.06%. The maker of lift trucks and aftermarket parts's stock has climbed by 4.82% in the past month, exceeding the Industrial Products sector's gain of 3.98% and the S&P 500's gain of 1.96%. The investment community will b ...

In the latest trading session, Hyster-Yale (HY) closed at $73.34, marking a -1.53% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 1.39%. At the same time, the Dow added 0.6%, and the tech-heavy Nasdaq lost 2.77%. Shares of the maker of lift trucks and aftermarket parts witnessed a gain of 0.03% over the previous month, trailing the performance of the Industrial Products sector with its gain of 6.64% and the S&P 500's gain of 4.43%. For the full year, the Zacks Con ...

The latest trading session saw Hyster-Yale (HY) ending at $68.59, denoting a +0.4% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.55%. At the same time, the Dow added 0.62%, and the tech-heavy Nasdaq gained 0.63%. The investment community will be paying close attention to the earnings performance of Hyster-Yale in its upcoming release. It is anticipated that the company will report an EPS of $2.28, marking a 3.17% rise compared to the same quarter of ...

Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estima ...

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. Hyster-Yale Materials (HY) is headquartered in Cleveland, and is in the Industrial Products sector. The stock has seen a price change of 11.93% since the start of the year. The maker of lift trucks and aftermarket parts is paying out a dividend of $0.35 per sh ...

Market participants will be closely following the financial results of Hyster-Yale Materials in its upcoming release. In that report, analysts expect Hyster-Yale Materials to post earnings of $2.28 per share. This would mark year-over-year growth of 3.17%. Meanwhile, the latest consensus estimate predicts the revenue to be $1.08 billion, indicating a 0.93% decrease compared to the same quarter of the previous year. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy ...

The maker of lift trucks and aftermarket parts's shares have seen a decrease of 1.91% over the last month, surpassing the Industrial Products sector's loss of 5.33% and falling behind the S&P 500's gain of 3.11%. Investors should also take note of any recent adjustments to analyst estimates for Hyster-Yale Materials. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's busin ...

Company Overview - Hyster-Yale Materials (HY) is based in Cleveland and operates in the Industrial Products sector, with a year-to-date share price change of 11.51% [3] - The company currently pays a dividend of $0.35 per share, resulting in a dividend yield of 2.02%, which is significantly higher than the Manufacturing - Material Handling industry's yield of 0.4% and the S&P 500's yield of 1.59% [3] Dividend Performance - Hyster-Yale Materials has an annualized dividend of $1.40, reflecting a 7.9% increase from the previous year [4] - Over the past five years, the company has increased its dividend three times, averaging an annual increase of 0.60% [4] - The current payout ratio is 15%, indicating that the company pays out 15% of its trailing 12-month earnings per share as dividends [4] Earnings Outlook - The Zacks Consensus Estimate for Hyster-Yale Materials' earnings in 2024 is projected at $7.68 per share, representing a year-over-year growth rate of 6.08% [5] Investment Appeal - Hyster-Yale Materials is considered an attractive dividend play and a compelling investment opportunity, currently holding a Zacks Rank of 1 (Strong Buy) [7]

Group 1: Momentum Investing Overview - Momentum investing deviates from the traditional strategy of "buying low and selling high," focusing instead on "buying high and selling higher" to achieve quicker profits [1] - Fast-moving trending stocks can be appealing, but identifying the right entry point is challenging, as these stocks may lose momentum if their valuations exceed future growth potential [2] Group 2: Hyster-Yale Materials (HY) Stock Analysis - Hyster-Yale Materials (HY) has shown significant price momentum, with a 23.5% increase over the past four weeks, indicating growing investor interest [4] - Over a longer timeframe, HY has gained 24.9% in the past 12 weeks, with a beta of 1.42, suggesting it moves 42% more than the market [5] - HY has a Momentum Score of B, indicating a favorable time to invest based on its momentum characteristics [6] Group 3: Earnings Estimates and Valuation - An upward trend in earnings estimate revisions has contributed to HY's Zacks Rank 1 (Strong Buy), as analysts raising estimates attract more investor interest [7] - Despite its strong momentum, HY is trading at a reasonable valuation, with a Price-to-Sales ratio of 0.30, meaning investors pay 30 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides HY, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - The Zacks Premium Screens offer over 45 strategies tailored to help investors find winning stock picks [9]

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 business on May 31, 2024. The shape and colors of the new logo represent the Company's commitment to customers through all its brands, including Hyster®, Yale®, Maximal®, Bolzoni®, Auramo®, Meyer®, Nuvera Fuel Cells® and Sumitomo NACCO. New Hyster-Yale Materials Handling, Inc. logo "The new logo unifies our ide ...