Hyster-Yale, Inc. (NYSE:HY – Free Report) – Equities researchers at Northland Securities raised their Q1 2027 EPS estimates for Hyster-Yale in a research note issued on Monday, November 9th. Northland Securities analyst T. Jackson now forecasts that the industrial products company will post earnings of $0.80 per share for the quarter, up from their prior estimate of $0.65. The consensus estimate for Hyster-Yale’s current full-year earnings is ($2.91) per share.
Hyster-Yale (NYSE:HY – Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The industrial products company reported ($0.77) earnings per share for the quarter, missing the consensus estimate of ($0.59) by ($0.18). Hyster-Yale had a negative return on equity of 21.03% and a negative net margin of 3.33%. The business had revenue of $827.40 million during the quarter, compared to the consensus estimate of $926.45 million.
Several other brokerages also recently commented on HY. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Hyster-Yale in a report on Friday, October 30th. Wall Street Zen lowered Hyster-Yale from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. Finally, Roth Capital reissued a “buy” rating and issued a $45.00 price target on shares of Hyster-Yale in a research note on Thursday, August 6th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $47.50.
Read Our Latest Stock Report on Hyster-Yale
Hyster-Yale Price Performance
NYSE HY opened at $29.18 on Tuesday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.65 and a current ratio of 1.28. Hyster-Yale has a twelve month low of $26.41 and a twelve month high of $41.30. The stock has a fifty day simple moving average of $31.43 and a 200 day simple moving average of $34.17.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the business. Eurizon Capital SGR S.p.A. acquired a new position in shares of Hyster-Yale in the 3rd quarter valued at about $3,663,000. CrossGen Wealth LLC bought a new stake in shares of Hyster-Yale during the 3rd quarter valued at about $48,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Hyster-Yale during the third quarter worth approximately $474,000. Steinberganna Wealth Management grew its stake in Hyster-Yale by 11.1% during the third quarter. Steinberganna Wealth Management now owns 6,938 shares of the industrial products company’s stock worth $218,000 after purchasing an additional 693 shares during the period. Finally, Isthmus Partners LLC grew its stake in Hyster-Yale by 2.4% during the third quarter. Isthmus Partners LLC now owns 64,717 shares of the industrial products company’s stock worth $2,037,000 after purchasing an additional 1,520 shares during the period. 46.47% of the stock is owned by institutional investors.
Hyster-Yale Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were issued a dividend of $0.3650 per share. This represents a $1.46 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date was Tuesday, September 1st. Hyster-Yale’s dividend payout ratio (DPR) is presently -20.11%.
Hyster-Yale Company Profile
Hyster-Yale, Inc is a global manufacturer of materials-handling equipment. Through its Hyster and Yale brands, the company designs, engineers, manufactures, sells and services lift trucks and related warehouse equipment used to move, store and manage materials in industrial, manufacturing, distribution and logistics operations.
Its product portfolio includes electric, internal-combustion engine and other lift trucks, as well as warehouse equipment such as pallet trucks, stackers and reach trucks.
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