Hyster-Yale (HY) Suffers a Larger Drop Than the General Market: Key Insights

Company Overview - Hyster-Yale's stock closed at $53.44, reflecting a -1.67% change from the previous session, underperforming the S&P 500's daily loss of 0.43% [1] - Over the past month, Hyster-Yale shares gained 1.72%, outperforming the Industrial Products sector's loss of 1.98% but lagging behind the S&P 500's gain of 2.6% [1] Upcoming Earnings - The upcoming earnings release is scheduled for February 25, 2025, with an expected EPS of$ 1.38, indicating a 3.5% decline compared to the same quarter last year [2] - Revenue is anticipated to be $1.02 billion, reflecting a 0.48% decrease from the same quarter last year [2] Analyst Estimates - Recent changes to analyst estimates indicate a dynamic nature of near-term business trends, with positive revisions suggesting optimism about the company's profitability [3] - The Zacks Rank system, which incorporates estimate changes, provides an actionable rating system for investors [4] Valuation Metrics - Hyster-Yale currently holds a Zacks Rank of 3 (Hold), with a Forward P/E ratio of 10.08, indicating a discount compared to the industry's Forward P/E of 12.27 [5] Industry Context - The Manufacturing - Construction and Mining industry, part of the Industrial Products sector, ranks 177 in the Zacks Industry Rank, placing it in the bottom 30% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]