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Hyster-Yale Materials Handling, Inc. (HY) has exhibited a mixed performance according to recent analyses. While it has been recognized for achieving record high quarterly operating profits and an impressive profit margin, the stock has also faced significant declines, with a notable drop of 24.8% since being marked as a top pick. Analysts highlight its attractive valuation metrics, trading at 9 times earnings and 3.2 times book value, alongside a solid return on equity (ROE) of 43%. The company's dividend is deemed stable due to a low payout ratio, which is under 20% of cash flow. Despite the current challenges, there is optimism about the stock's potential upside, with a suggested target price of $88.50, reflecting a potential gain from current levels, although caution is advised with a recommended stop-loss at $56.
Hyster-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, 1 stock analyst published opinions about HY-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Hyster-Yale Materials Handling, Inc..
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 2025-01-30, Hyster-Yale Materials Handling, Inc. (HY-N) stock closed at a price of $54.19.
HY manufactures robotic forklifts, trucks and other automated material handling products for sale globally. The company has made significant investment into AI enhancements and the company possesses a backlog of $2.3 billion in orders. We like that cash reserves are holding steady as the company aggressively retires debt and buys back shares. It trades at 10x earnings, 1.8x book and supports a ROE of 37%. We recommend setting a stop-loss at $40, looking to achieve $72 -- upside potential over 30%. Yield 2.5%
(Analysts’ price target is $72.50)