No Data
SymbolStock Name
Latest PriceChg%ChgVolumeTurnoverOpenPre CloseHighLowMarket CapFloat CapSharesShs Float5D %Chg10D %Chg20D %Chg60D % Chg120D %Chg250D %Chg% Year-to-dateDiv YieldTTMTurnover RatioP/E (TTM)P/E (Static)AmplitudeIndustry
US Stock MarketDetailed Quotes
HY Hyster-Yale Materials Handling
- 77.030
- -0.580-0.75%
Trading May 13 10:43 ET
1.35BMarket Cap8.94P/E (TTM)
78.500High77.030Low15.58KVolume78.550Open77.610Pre Close1.21MTurnover0.17%Turnover Ratio10.64P/E (Static)17.50MShares79.66052wk High3.27P/B728.76MFloat Cap38.02552wk Low1.30Dividend TTM9.46MShs Float92.671Historical High1.69%Div YieldTTM1.89%Amplitude20.013Historical Low77.481Avg Price1Lot Size
Intraday
- 5D
- 1D
- 1W
- 1M
- 1Q
- 1Y
Trade Overview
Unit: --
Capital Trend
IntradayDayWeekMonth
No Data
News
Hyster-Yale Materials Handling, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
A week ago, Hyster-Yale Materials Handling, Inc. (NYSE:HY) came out with a strong set of quarterly numbers that could potentially lead to a re-rate of the stock. The company beat forecasts, with
Hyster-Yale Materials Handling First Quarter 2024 Earnings: Beats Expectations
Hyster-Yale Materials Cut to Market Perform From Outperform by Northland Capital Markets
Hyster-Yale Materials Cut to Market Perform From Outperform by Northland Capital Markets
Express News | Northland Capital Markets Downgrades Hyster-Yale Materials to Market Perform, Raises Price Target to $90
Express News | Roth MKM Reiterates Buy on Hyster-Yale Materials, Raises Price Target to $87
Hyster-Yale Materials Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/09/2024 16.79% Roth MKM $85 → $87 Reiterates Buy → Buy 12/05/2023 14.11% Roth MKM → $85 Initiates Cover
Comments
Despite strong revenue growth, market expectations for future performance seem to be declining, possibly suppressing the P/S ratio. Shareholders appear doubtful of forecasts, accepting lower selling prices. Despite expected industry growth, the company's low P/S figures suggest potential future risks.
Cautious Investors Not Rewarding Hyster-Yale Materials Handling, Inc.'s (NYSE:HY) Performance Completely 1
The stock is seen as a bargain based on a price multiple model. Positive future outlook with anticipated profit growth and increased cash flow should lead to a higher share valuation. However, the stock's price is quite volatile, suggesting potential future buying opportunities.
The market has responded positively to Hyster-Yale's strong improvement in EPS, moving from a loss to a profit. The company's share price momentum remains strong, suggesting it might be worth taking a closer look at the stock.
Hyster-Yale's effective capital allocation resulted in superior returns from limited capital. Amidst stagnant total returns, the firm's potential growth and valuation, guided by rising ROCE and improved efficiency, call for further investigation.
Despite Hyster-Yale Materials Handling currently being undervalued, the company's negative double-digit change in expected profit next year might bring some uncertainty and risk. Therefore, potential investors need to further research the stock considering these negative growth prospects.
Read more
Analysis
Price Target
No Data
Heat List
US
Overall
Symbol
Latest Price
%Chg