Hyster Yale Materials Handling Stock Today

HY Stock  USD 64.17  1.24  1.97%   

Performance

2 of 100

 
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High
Weak

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Hyster Yale is trading at 64.17 as of the 29th of March 2024; that is 1.97 percent up since the beginning of the trading day. The stock's open price was 62.93. Hyster Yale has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Hyster Yale Materials Handling are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
1st of October 2012
Category
Industrials
Hyster-Yale Materials Handling, Inc., through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. Hyster-Yale Materials Handling, Inc. was incorporated in 1991 and is headquartered in Cleveland, Ohio. The company has 14.02 M outstanding shares of which 364.61 K shares are currently sold short in the market by investors with about 3.06 days to cover all shorted shares. More on Hyster Yale Materials Handling

Moving against Hyster Stock

  0.74XOS Xos Inc Report 3rd of April 2024 PairCorr

Hyster Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hyster Yale's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hyster Yale or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEORajiv Prasad
Thematic IdeaAutomobiles and Trucks (View all Themes)
Business ConcentrationIndustrial Machinery & Supplies & Components, Farm & Heavy Construction Machinery, Industrials, NYSE Composite, Automobiles and Trucks, Industrials, Machinery, Farm & Heavy Construction Machinery, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Hyster Yale report their recommendations after researching Hyster Yale's financial statements, talking to executives and customers, or listening in on Hyster Yale's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Hyster-Yale Materials. The Hyster consensus assessment is calculated by taking the average forecast from all of the analysts covering Hyster Yale.
Hyster Yale's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Hyster Yale's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hyster Yale's financial leverage. It provides some insight into what part of Hyster Yale's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Hyster Yale's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Hyster Yale deploys its capital and how much of that capital is borrowed.
Liquidity
Hyster Yale cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 571.9 M of total liabilities with total debt to equity ratio (D/E) of 2.6, which may imply that the company relies heavily on debt financing. Hyster-Yale Materials has a current ratio of 1.09, indicating that it is not liquid enough and may have problems paying out its debt commitments in time. Debt can assist Hyster Yale until it has trouble settling it off, either with new capital or with free cash flow. So, Hyster Yale's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hyster-Yale Materials sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hyster to invest in growth at high rates of return. When we think about Hyster Yale's use of debt, we should always consider it together with cash and equity.

Total Cash From Operating Activities

158.24 Million
Hyster Yale Materials Handling (HY) is traded on New York Stock Exchange in USA. It is located in 5875 Landerbrook Drive, Cleveland, OH, United States, 44124-4069 and employs 8,600 people. Hyster Yale is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 1.12 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hyster Yale's market, we take the total number of its shares issued and multiply it by Hyster Yale's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Hyster-Yale Materials is active under Machinery sector as part of Industrials industry. The entity has 14.02 M outstanding shares of which 364.61 K shares are currently sold short in the market by investors with about 3.06 days to cover all shorted shares. Hyster Yale Materials Handling reports about 59 M in cash with 150.7 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.62.
Check Hyster Yale Probability Of Bankruptcy
Ownership Allocation
Hyster Yale secures a total of 14.02 Million outstanding shares. Over half of Hyster Yale's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Hyster Yale Materials Handling. Please watch out for any change in the institutional holdings of Hyster Yale as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Hyster Ownership Details

Hyster Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Hyster Yale jumping above the current price in 90 days from now is about 45.9%. The Hyster Yale Materials Handling probability density function shows the probability of Hyster Yale stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 2.6234. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Hyster Yale will likely underperform. Additionally, hyster Yale Materials Handling has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 64.17HorizonTargetOdds Above 64.17
53.91%90 days
 64.17 
45.90%
Based on a normal probability distribution, the odds of Hyster Yale to move above the current price in 90 days from now is about 45.9 (This Hyster Yale Materials Handling probability density function shows the probability of Hyster Stock to fall within a particular range of prices over 90 days) .

Hyster Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Hyster Yale that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hyster Yale's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hyster Yale's value.
InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2023-12-31
180.4 K
Proshare Advisors Llc2023-12-31
158.2 K
Federated Hermes Inc2023-12-31
131.5 K
Assenagon Asset Management Sa2023-12-31
124.7 K
Northern Trust Corp2023-12-31
113 K
Bank Of New York Mellon Corp2023-12-31
111 K
Millennium Management Llc2023-12-31
99.7 K
Amvescap Plc.2023-12-31
97.4 K
Hillsdale Investment Management Inc.2023-12-31
92.2 K
Vanguard Group Inc2023-12-31
1.1 M
Gamco Investors, Inc. Et Al2023-12-31
M
View Hyster Yale Diagnostics

Hyster Yale Historical Income Statement

Hyster Yale Materials Handling Income Statement is one of the three primary financial statements used for reporting Hyster's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Hyster-Yale Materials revenue and expense. Hyster Yale Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Hyster Yale's Interest Income is fairly stable compared to the past year. Reconciled Depreciation is likely to rise to about 48.2 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 29.7 M in 2024. View More Fundamentals

Hyster Stock Against Markets

Picking the right benchmark for Hyster Yale stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Hyster Yale stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Hyster Yale is critical whether you are bullish or bearish towards Hyster Yale Materials Handling at a given time. Please also check how Hyster Yale's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Hyster Yale without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Hyster Yale Corporate Directors

Hyster Yale corporate directors refer to members of a Hyster Yale board of directors. The board of directors generally takes responsibility for the Hyster Yale's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Hyster Yale's board members must vote for the resolution. The Hyster Yale board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Vincent PoorDirectorProfile
Eugene WongIndependent DirectorProfile
Amy GerbickAssociate General Counsel, Director of Corporate Compliance and Assistant SecretaryProfile
Britton TaplinIndependent DirectorProfile

How to buy Hyster Stock?

Before investing in Hyster Yale, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Hyster Yale. To buy Hyster Yale stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Hyster Yale. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Hyster Yale stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Hyster Yale Materials Handling stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Hyster Yale Materials Handling stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Hyster Yale Materials Handling, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Hyster Stock please use our How to Invest in Hyster Yale guide.

Already Invested in Hyster Yale Materials Handling?

The danger of trading Hyster Yale Materials Handling is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hyster Yale is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hyster Yale. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hyster-Yale Materials is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Hyster-Yale Materials offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hyster Yale's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hyster Yale Materials Handling Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hyster Yale Materials Handling Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hyster Yale Materials Handling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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When running Hyster Yale's price analysis, check to measure Hyster Yale's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hyster Yale is operating at the current time. Most of Hyster Yale's value examination focuses on studying past and present price action to predict the probability of Hyster Yale's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hyster Yale's price. Additionally, you may evaluate how the addition of Hyster Yale to your portfolios can decrease your overall portfolio volatility.
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Is Hyster Yale's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hyster Yale. If investors know Hyster will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hyster Yale listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.183
Dividend Share
1.298
Earnings Share
7.24
Revenue Per Share
240.316
Quarterly Revenue Growth
0.043
The market value of Hyster-Yale Materials is measured differently than its book value, which is the value of Hyster that is recorded on the company's balance sheet. Investors also form their own opinion of Hyster Yale's value that differs from its market value or its book value, called intrinsic value, which is Hyster Yale's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hyster Yale's market value can be influenced by many factors that don't directly affect Hyster Yale's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hyster Yale's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hyster Yale is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hyster Yale's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.