12 Month Price Forecast For HY
Distance to HY Price Forecasts
HY Price Momentum
🤔 Considering Hyster-Yale (HY)?
Join 5,000+ investors getting our exclusive market analysis every Monday & Thursday. Stay ahead of breakout opportunities.
Disclaimer: 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.
Data last updated: February 11, 2025 11:49 PM UTC
HY Analyst Ratings & Price Targets
Based on our analysis of 3 Wall Street analysts, HY has a neutral consensus with a median price target of $72.50 (ranging from $70.00 to $75.00). Currently trading at $52.60, the median forecast implies a 37.8% upside. This outlook is supported by 1 Buy, 1 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Chip Moore at EF Hutton, projecting a 42.6% upside. Conversely, the most conservative target is provided by Chip Moore at Roth MKM, suggesting a 33.1% upside.
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.
HY Analyst Consensus
HY Price Target Range
Latest HY Stock Forecasts by Analyst
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 | $0.00 | |
| 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 | $0.00 | |
| Mar 2, 2018 | Baird | Neutral | Downgrade | $0.00 | |
| Nov 6, 2017 | Seaport Global | Sell | Downgrade | $0.00 | |
| Aug 8, 2017 | Sidoti & Co. | Buy | Upgrade | $0.00 | |
| Apr 20, 2017 | Seaport Global | Neutral | Upgrade | $0.00 |
Stocks Similar to Hyster-Yale Materials Handling Inc
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 (HY) Financial Data
Hyster-Yale Materials Handling Inc has a market capitalization of $919.62M with a P/E ratio of 5.9x. The company generates $4.27B in trailing twelve-month revenue with a 3.7% profit margin.
Revenue growth is +1.5% quarter-over-quarter, while maintaining an operating margin of +3.1% and return on equity of +36.6%.
Valuation Metrics
Growth & Margins
Financial Health
🔥 Want More High-Potential Stock Ideas?
Join 5,000+ investors getting our research on stocks with massive upside potential.
Hyster-Yale Materials Handling Inc (HY) Company Overview
About Hyster-Yale Materials Handling Inc
Manufactures and services lift trucks and components.
The company generates revenue by designing, engineering, manufacturing, and selling lift trucks, attachments, and aftermarket parts. It primarily markets its products under the Hyster and Yale brand names to independent dealerships and also sells parts for competitor lift trucks. Additionally, it produces hydrogen fuel-cell technology, expanding its offerings in the industrial equipment sector.
Hyster-Yale serves a diverse clientele including manufacturers, rental companies, and governmental agencies. The company was incorporated in 1991 and is based in Cleveland, Ohio. In June 2024, it rebranded from Hyster-Yale Materials Handling, Inc. to Hyster-Yale, Inc.
Company Information
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Employees
8,600
CEO
Mr. Rajiv K. Prasad
Country
United States
IPO Year
2012
Website
www.hyster-yale.comHyster-Yale Materials Handling Inc (HY) Latest News & Analysis
Hyster-Yale (HY) closed at $52.93, reflecting a 1.87% increase from the previous trading session.
Hyster-Yale's 1.87% increase indicates positive market sentiment, potentially signaling growth or improved investor confidence, which may influence future trading decisions.
The Zacks Industry Rank for Manufacturing - Construction and Mining is currently low, but stocks such as CAT, KMTUY, HTCMY, and HY may still be worth considering.
A weak Zacks Industry Rank signals potential underperformance for the sector, but highlighted stocks may present buying opportunities amid broader industry challenges.
Hyster-Yale (HY) closed at $53.87, up 0.32% from the previous trading day.
Hyster-Yale's slight increase in stock price indicates stability and potential investor confidence, which could influence future trading decisions and market sentiment.
Hyster-Yale (HY) closed at $51.83 in the latest trading session, reflecting a 1.17% increase from the previous day.
Hyster-Yale's recent price increase suggests positive market sentiment, potentially indicating growth prospects or investor confidence, which can influence future trading and valuations.
Hyster-Yale: Asymmetrical Payoff For Short-Term Alpha After Market Punishment (Rating Upgrade)
1 month agoHyster-Yale Materials Handling, Inc. is valued at 5x EBIT, trading at an 80% discount to the sector. Management's improvements could lead to a $73-$74/share valuation.
Hyster-Yale's low valuation at 5x EBIT and potential margin improvements suggest upside for investors, especially given its current 80% discount to the sector. A target of $73-$74/share indicates significant growth potential.
Hyster-Yale (HY) closed at $50.22, up 0.1% from the prior trading day.
Hyster-Yale's slight price increase signals stability, which may attract investors looking for steady performers in a volatile market.
Frequently Asked Questions About HY Stock
What is Hyster-Yale Materials Handling Inc's (HY) stock forecast for 2025?
Based on our analysis of 3 Wall Street analysts, Hyster-Yale Materials Handling Inc (HY) has a median price target of $72.50. The highest price target is $75.00 and the lowest is $70.00.
Is HY stock a good investment in 2025?
According to current analyst ratings, HY has 1 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $52.60. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for HY stock?
Wall Street analysts predict HY stock could reach $72.50 in the next 12 months. This represents a 37.8% increase from the current price of $52.60. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Hyster-Yale Materials Handling Inc's business model?
The company generates revenue by designing, engineering, manufacturing, and selling lift trucks, attachments, and aftermarket parts. It primarily markets its products under the Hyster and Yale brand names to independent dealerships and also sells parts for competitor lift trucks. Additionally, it produces hydrogen fuel-cell technology, expanding its offerings in the industrial equipment sector.
What is the highest forecasted price for HY Hyster-Yale Materials Handling Inc?
The highest price target for HY is $75.00 from Chip Moore at EF Hutton, which represents a 42.6% increase from the current price of $52.60.
What is the lowest forecasted price for HY Hyster-Yale Materials Handling Inc?
The lowest price target for HY is $70.00 from Chip Moore at Roth MKM, which represents a 33.1% increase from the current price of $52.60.
What is the overall HY consensus from analysts for Hyster-Yale Materials Handling Inc?
The overall analyst consensus for HY is neutral. Out of 3 Wall Street analysts, 1 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $72.50.
How accurate are HY stock price projections?
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.
