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U.S. stimulus hopes fuel modest rallyHyster-Yale Materials Handling, Inc. is a American stock, trading under the symbol HY-N on the New York Stock Exchange (HY). It is usually referred to as NYSE:HY or HY-N
In the last year, there was no coverage of Hyster-Yale Materials Handling, Inc. published on Stockchase.
Hyster-Yale Materials Handling, Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Hyster-Yale Materials Handling, Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Hyster-Yale Materials Handling, Inc. published on Stockchase.
On 2024-10-03, Hyster-Yale Materials Handling, Inc. (HY-N) stock closed at a price of $62.34.
HY is a Ohio based manufacturer of lift trucks and fork lifts. The company recently reported a record high quarterly operating profit and profit margin. It trades at 9x earnings, 3.2x book and supports a 43% ROE. Its dividend is backed by a payout ratio under 20% of cash flow. We recommend setting a stop-loss at $56, looking to achieve $88 -- upside potential of 18%. Yield 1.7%
(Analysts’ price target is $88.50)