Missedย NVDA?
Donโt Miss the Next One.
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities โ for free.
Home โบ Stocks โบ Hyster-Yale Materials Handling, Inc. (HY) Stock Forecast & Price Prediction United States | NYSE | Industrials | Farm & Heavy Construction Machinery
$38.26
+2.10 (5.81%)Did HY Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Hyster-Yale is one of their latest high-conviction picks.
Based on our analysis of 3 Wall Street analysts, HY has a bullish consensus with a median price target of $47.00 (ranging from $44.00 to $50.00). The overall analyst rating is Strong Buy (10.0/10). Currently trading at $38.26, the median forecast implies a 22.8% upside. This outlook is supported by 2 Buy, 0 Hold, and 0 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for HY.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Nov 6, 2024 | Roth MKM | Chip Moore | Buy | Maintains | $70.00 |
| Aug 8, 2024 | Roth MKM | Chip Moore | Buy | Reiterates | $84.00 |
| Jun 7, 2024 | Roth MKM | Chip Moore | Buy | Reiterates | $87.00 |
| Jun 5, 2024 | Northland Capital Markets | Ted Jackson | Outperform | Upgrade | $90.00 |
| May 10, 2024 | Northland Capital Markets | Ted Jackson | Market Perform | Downgrade | $90.00 |
| May 9, 2024 | Roth MKM | Chip Moore | Buy | Reiterates | $87.00 |
| Dec 5, 2023 | Roth MKM | Chip Moore | Buy | Initiates | $85.00 |
| Nov 15, 2023 | Northland Capital Markets | Ted Jackson | Outperform | Initiates | $80.00 |
| May 4, 2023 | EF Hutton | Chip Moore | Buy | Maintains | $80.00 |
| Mar 1, 2023 | EF Hutton | Chip Moore | Buy | Reiterates | $75.00 |
| Mar 2, 2022 | EF Hutton | Chip Moore | Buy | Maintains | $75.00 |
| Aug 5, 2020 | Sidoti & Co. | Neutral | Maintains | $38.00 | |
| Dec 18, 2019 | Sidoti & Co. | Neutral | Downgrade | $N/A | |
| Jul 31, 2019 | Sidoti & Co. | Buy | Maintains | $71.00 | |
| Jul 19, 2019 | Sidoti & Co. | Buy | Maintains | $66.00 | |
| Jun 3, 2019 | Sidoti & Co. | Buy | Upgrade | $N/A | |
| Mar 2, 2018 | Baird | Neutral | Downgrade | $N/A | |
| Nov 6, 2017 | Seaport Global | Sell | Downgrade | $N/A | |
| Aug 8, 2017 | Sidoti & Co. | Buy | Upgrade | $N/A | |
| Apr 20, 2017 | Seaport Global | Neutral | Upgrade | $N/A |
The following stocks are similar to Hyster-Yale based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Hyster-Yale Materials Handling, Inc. has a market capitalization of $684.86M with a P/E ratio of 278.6x. The company generates $3.77B in trailing twelve-month revenue with a -1.6% profit margin.
Revenue growth is -13.5% quarter-over-quarter, while maintaining an operating margin of -1.8% and return on equity of -11.8%.
97% of Analyst Ratings Go Nowhere
We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings โ tracked and updated every Monday and Thursday.
Manufactures lift trucks and aftermarket parts.
Hyster-Yale generates revenue by designing, engineering, and manufacturing a wide range of lift trucks and aftermarket parts for various industries, including manufacturing, distribution, and logistics. The company focuses on delivering innovative, durable, and efficient products under its recognized brands, Hyster and Yale, optimizing supply chain operations.
Founded in 1985, Hyster-Yale has a global operational presence supported by a strong distribution network and reliable after-sales service. The company is committed to continual product development based on market needs, significantly contributing to industrial productivity worldwide.
Industrials
Farm & Heavy Construction Machinery
7,500
Mr. Rajiv K. Prasad
United States
2012
Hyster-Yale (HY) reached $37.08 at the closing of the latest trading day, reflecting a +1.81% change compared to its last close.
The latest trading day saw Hyster-Yale (HY) settling at $36.15, representing a +2.73% change from its previous close.
Hyster-Yale (HY) closed at $37.08, marking a 1.81% increase from the previous trading day.
Hyster-Yale's stock increase indicates positive market sentiment and potential growth, which may attract investors looking for upward momentum in their portfolios.
Hyster-Yale (HY) closed at $32.43, down 2.02% from the previous trading day.
Hyster-Yale's 2.02% drop signals potential market concerns, affecting investor sentiment and possibly leading to further declines or opportunities for bargain buying.
Hyster-Yale (HY) closed at $32.23, down 2.69% from the previous trading day in the latest trading session.
The 2.69% decline in Hyster-Yale's stock price signals potential volatility, affecting investor sentiment and risk assessments for the company's future performance.
Hyster-Yale (HY) closed at $29.90, reflecting a decline of 3.45% from the previous trading day.
Hyster-Yale's 3.45% decline signals potential weakness in its stock performance, which may impact investor confidence and future trading strategies.
Hyster-Yale (HY) closed at $29.10, down 2.68% from the previous trading day.
Hyster-Yale's 2.68% drop signals potential volatility and investor sentiment shifts, affecting short-term trading strategies and long-term investment outlooks.
Hyster-Yale (HY) closed at $32.39, down 3.28% from the previous trading day in the latest trading session.
A 3.28% decline in Hyster-Yale's stock price signals potential volatility, affecting investor sentiment and may prompt reevaluation of the company's performance and outlook.
Based on our analysis of 3 Wall Street analysts, Hyster-Yale Materials Handling, Inc. (HY) has a median price target of $47.00. The highest price target is $50.00 and the lowest is $44.00.
According to current analyst ratings, HY has 2 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $38.26. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict HY stock could reach $47.00 in the next 12 months. This represents a 22.8% increase from the current price of $38.26. Please note that this is a projection by Wall Street analysts and not a guarantee.
Hyster-Yale generates revenue by designing, engineering, and manufacturing a wide range of lift trucks and aftermarket parts for various industries, including manufacturing, distribution, and logistics. The company focuses on delivering innovative, durable, and efficient products under its recognized brands, Hyster and Yale, optimizing supply chain operations.
The highest price target for HY is $50.00 from at , which represents a 30.7% increase from the current price of $38.26.
The lowest price target for HY is $44.00 from at , which represents a 15.0% increase from the current price of $38.26.
The overall analyst consensus for HY is bullish. Out of 3 Wall Street analysts, 2 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $47.00.
Stock price projections, including those for Hyster-Yale Materials Handling, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.