Hyster-Yale Materials Handling, Inc., through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. It manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. The company markets its products primarily under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships. It also sells aftermarket parts under the Hyster and Yale, as well as UNISOURCE and PREMIER brands to Hyster and Yale dealers for the service of competitor lift trucks. In addition, the company produces and distributes attachments, forks, and lift tables under the Bolzoni, Auramo, and Meyer brand names; and designs and produces products in the port equipment and rough terrain forklift markets. Further, it designs, manufactures, and sells hydrogen fuel-cell stacks and engines. The company serves light and heavy manufacturers, trucking and automotive companies, rental companies, building materials and paper suppliers, lumber, metal products, warehouses, retailers, food distributors, container handling companies, and U.S. and non-U.S. governmental agencies. The company was incorporated in 1991 and is headquartered in Cleveland, Ohio.
IPO Year:
Exchange: NYSE
Website: hyster-yale.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/5/2024 | $90.00 | Market Perform → Outperform | Northland Capital |
| 12/5/2023 | $85.00 | Buy | ROTH MKM |
| 11/15/2023 | $80.00 | Outperform | Northland Capital |
| 10/12/2022 | $36.00 | Neutral → Buy | Sidoti |
| 3/2/2022 | $85.00 → $75.00 | Buy | EF Hutton |
4 - HYSTER-YALE, INC. (0001173514) (Issuer)
4 - HYSTER-YALE, INC. (0001173514) (Issuer)
4 - HYSTER-YALE, INC. (0001173514) (Issuer)
4 - HYSTER-YALE, INC. (0001173514) (Issuer)
4 - HYSTER-YALE, INC. (0001173514) (Issuer)
4 - HYSTER-YALE, INC. (0001173514) (Issuer)
4 - HYSTER-YALE, INC. (0001173514) (Issuer)
4 - HYSTER-YALE, INC. (0001173514) (Issuer)
4 - HYSTER-YALE, INC. (0001173514) (Issuer)
4 - HYSTER-YALE, INC. (0001173514) (Issuer)
8-K - HYSTER-YALE, INC. (0001173514) (Filer)
8-K - HYSTER-YALE, INC. (0001173514) (Filer)
8-K - HYSTER-YALE, INC. (0001173514) (Filer)
10-Q - HYSTER-YALE, INC. (0001173514) (Filer)
8-K - HYSTER-YALE, INC. (0001173514) (Filer)
S-8 - HYSTER-YALE, INC. (0001173514) (Filer)
8-K - HYSTER-YALE, INC. (0001173514) (Filer)
8-K - HYSTER-YALE, INC. (0001173514) (Filer)
10-Q - HYSTER-YALE, INC. (0001173514) (Filer)
8-K - HYSTER-YALE, INC. (0001173514) (Filer)
CLEVELAND, Nov. 18, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) announced today that the Board of Directors authorized the repurchase of up to $50 million or 1.5 million shares, whichever comes first, of the Company's outstanding Class A Common Stock. "The Board of Directors' approval of this stock repurchase program reflects confidence in the Company's balance sheet and business outlook," said Rajiv K. Prasad, President and Chief Executive Officer of Hyster-Yale, Inc. "This stock repurchase authorization is well aligned with our capital allocation strategy designed to support long-term profitable growth and fuel shareholder return as the business generates free cash flow." The timing a
CLEVELAND, Nov. 13, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) announced today that the Board of Directors declared a regular cash dividend of 35 cents per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid December 13, 2024, to stockholders of record at the close of business on November 29, 2024. About Hyster-Yale, Inc.Hyster-Yale, Inc., headquartered in Cleveland, Ohio, is a globally integrated company offering a full line of lift trucks and solutions, including attachments and hydrogen fuel cell power products aimed at meeting the specific materials handling needs of its customers. Hyster-Yale's vision is to transform the way the world moves
Q3 2024 Consolidated Highlights: Ongoing solid execution in seasonally lower third quarter Continued year-over-year revenue growth led by Americas Lift Truck and BolzoniOperating Profit of $33.1 million below exceptionally strong Q3 2023 resultsNet Income of $17.2 million compared to $35.8 million in Q3 2023Generated $70 million of cash from operations in Q3 2024CLEVELAND, Nov. 5, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) reported the following consolidated results for the three months ended September 30, 2024. Three Months Ended ($ in millions except per share amounts) 9/30/24 9/30/23 % Change 6/30/24 % Change Revenues $1,016.1 $1,001.2 2 % $1,168.1 (13) % Operating Profit $33.1 $58
CLEVELAND, Oct. 29, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) announced today it will release its Third Quarter 2024 financial results before the market opens on Tuesday, November 5, 2024. In conjunction with this release, the Company will host a webcast with the financial community at 11:00 a.m. ET on Tuesday, November 5, 2024, to discuss the financial results. Access to the live audio webcast will be available on the Company's website. To access the webcast, visit https://www.hyster-yale.com/investor-overview approximately 15 minutes prior to the event. An archive of the webcast will be available on the Company's website approximately two hours after the live call ends. About Hyster
CLEVELAND, Aug. 14, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) announced today that the Board of Directors declared a regular cash dividend of 35 cents per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid September 13, 2024, to stockholders of record at the close of business on August 30, 2024. About Hyster-Yale, Inc.Hyster-Yale, Inc., headquartered in Cleveland, Ohio, is a globally integrated company offering a full line of lift trucks and solutions, including attachments and hydrogen fuel cell power products aimed at meeting the specific materials handling needs of its customers. Hyster-Yale's vision is to transform the way the world moves
Q2 2024 Consolidated Highlights: Continued consolidated revenue growth of more than 7% over Q2 2023 Operating profit of $95.6 million, up 63% from Q2 2023, and ahead of expectationsOperating profit margin of 8.2%, up from 5.4% in Q2 2023Net income of $63.3 million, up 65%, from Q2 2023CLEVELAND, Aug. 6, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) reported the following consolidated results for the three months ended June 30, 2024. Three Months Ended ($ in millions except per share amounts) 6/30/24 6/30/23 % Change 3/31/24 % Change Revenues $1,168.1 $1,090.6 7 % $1,056.5 11 % Operating Profit $95.6 $58.8 63 % $83.8 14 % Net Income $63.3 $38.3 65 % $51.5 23 % Diluted Earnings per Share $3
CLEVELAND, July 30, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) announced today it will release its Second Quarter 2024 financial results after market close on Tuesday, August 6, 2024. In conjunction with this release, the Company will host a webcast with the financial community at 11:00 a.m. ET on Wednesday, August 7, 2024, to discuss the financial results. Access to the live audio webcast will be available on the Company's website. To access the webcast, visit https://www.hyster-yale.com/investor-overview approximately 15 minutes prior to the event. An archive of the webcast will be available on the Company's website approximately two hours after the live call ends. About Hyster-Yale,
CLEVELAND, June 3, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) announced today that it adopted a new corporate logo in connection with its name change. The name change was effective at close of business on May 31, 2024. The shape and colors of the new logo represent the Company's commitment to customers through all its brands, including Hyster®, Yale®, Maximal®, Bolzoni®, Auramo®, Meyer®, Nuvera Fuel Cells® and Sumitomo NACCO. "The new logo unifies our identity and underscores our ongoing commitment to customers through our brand portfolio by creating an umbrella under which we will focus on delivering our promises of providing optimal solutions and exceptional customer care," said Raj
CLEVELAND, May 8, 2024 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE:HY) today announced that the Board of Directors increased its regular cash dividend from 32.5 cents to 35 cents per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid June 14, 2024, to stockholders of record at the close of business on May 31, 2024. About Hyster-Yale Materials Handling, Inc.Hyster-Yale Materials Handling, Inc., headquartered in Cleveland, Ohio, is a globally integrated company offering a full line of lift trucks and solutions, including attachments and hydrogen fuel cell power products aimed at meeting the specific materials handling needs of its custom
Q1 2024 Highlights: Consolidated operating profit of $83.8 million, up 97% from Q1 2023, and above previous expectationsConsolidated operating profit margin of 7.9%, up from 4.3% in Q1 2023Consolidated revenues of $1.1 billion, up 6% from Q1 2023 quarter and the fourth consecutive quarter with revenues over $1 billionNet income of $51.5 million, up 94%, from Q1 2023CLEVELAND, May 7, 2024 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE:HY) reported the following consolidated results for the three months ended March 31, 2024. All comparisons are to the three months ended March 31, 2023, unless otherwise noted. Three Months Ended ($ in millions except per share amounts) 3/31/24 3/31
CLEVELAND, Nov. 13, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) announced today that the Board of Directors declared a regular cash dividend of 35 cents per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid December 13, 2024, to stockholders of record at the close of business on November 29, 2024. About Hyster-Yale, Inc.Hyster-Yale, Inc., headquartered in Cleveland, Ohio, is a globally integrated company offering a full line of lift trucks and solutions, including attachments and hydrogen fuel cell power products aimed at meeting the specific materials handling needs of its customers. Hyster-Yale's vision is to transform the way the world moves
Q3 2024 Consolidated Highlights: Ongoing solid execution in seasonally lower third quarter Continued year-over-year revenue growth led by Americas Lift Truck and BolzoniOperating Profit of $33.1 million below exceptionally strong Q3 2023 resultsNet Income of $17.2 million compared to $35.8 million in Q3 2023Generated $70 million of cash from operations in Q3 2024CLEVELAND, Nov. 5, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) reported the following consolidated results for the three months ended September 30, 2024. Three Months Ended ($ in millions except per share amounts) 9/30/24 9/30/23 % Change 6/30/24 % Change Revenues $1,016.1 $1,001.2 2 % $1,168.1 (13) % Operating Profit $33.1 $58
CLEVELAND, Aug. 14, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) announced today that the Board of Directors declared a regular cash dividend of 35 cents per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid September 13, 2024, to stockholders of record at the close of business on August 30, 2024. About Hyster-Yale, Inc.Hyster-Yale, Inc., headquartered in Cleveland, Ohio, is a globally integrated company offering a full line of lift trucks and solutions, including attachments and hydrogen fuel cell power products aimed at meeting the specific materials handling needs of its customers. Hyster-Yale's vision is to transform the way the world moves
Q2 2024 Consolidated Highlights: Continued consolidated revenue growth of more than 7% over Q2 2023 Operating profit of $95.6 million, up 63% from Q2 2023, and ahead of expectationsOperating profit margin of 8.2%, up from 5.4% in Q2 2023Net income of $63.3 million, up 65%, from Q2 2023CLEVELAND, Aug. 6, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) reported the following consolidated results for the three months ended June 30, 2024. Three Months Ended ($ in millions except per share amounts) 6/30/24 6/30/23 % Change 3/31/24 % Change Revenues $1,168.1 $1,090.6 7 % $1,056.5 11 % Operating Profit $95.6 $58.8 63 % $83.8 14 % Net Income $63.3 $38.3 65 % $51.5 23 % Diluted Earnings per Share $3
CLEVELAND, July 30, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) announced today it will release its Second Quarter 2024 financial results after market close on Tuesday, August 6, 2024. In conjunction with this release, the Company will host a webcast with the financial community at 11:00 a.m. ET on Wednesday, August 7, 2024, to discuss the financial results. Access to the live audio webcast will be available on the Company's website. To access the webcast, visit https://www.hyster-yale.com/investor-overview approximately 15 minutes prior to the event. An archive of the webcast will be available on the Company's website approximately two hours after the live call ends. About Hyster-Yale,
CLEVELAND, May 8, 2024 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE:HY) today announced that the Board of Directors increased its regular cash dividend from 32.5 cents to 35 cents per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid June 14, 2024, to stockholders of record at the close of business on May 31, 2024. About Hyster-Yale Materials Handling, Inc.Hyster-Yale Materials Handling, Inc., headquartered in Cleveland, Ohio, is a globally integrated company offering a full line of lift trucks and solutions, including attachments and hydrogen fuel cell power products aimed at meeting the specific materials handling needs of its custom
Q1 2024 Highlights: Consolidated operating profit of $83.8 million, up 97% from Q1 2023, and above previous expectationsConsolidated operating profit margin of 7.9%, up from 4.3% in Q1 2023Consolidated revenues of $1.1 billion, up 6% from Q1 2023 quarter and the fourth consecutive quarter with revenues over $1 billionNet income of $51.5 million, up 94%, from Q1 2023CLEVELAND, May 7, 2024 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE:HY) reported the following consolidated results for the three months ended March 31, 2024. All comparisons are to the three months ended March 31, 2023, unless otherwise noted. Three Months Ended ($ in millions except per share amounts) 3/31/24 3/31
CLEVELAND, April 30, 2024 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE:HY) will release its First Quarter 2024 financial results after market close on Tuesday, May 7, 2024. In conjunction with this release, the Company will host a webcast with the financial community at 2:30 p.m. ET on Wednesday, May 8, 2024, to discuss the financial results. Access to the live audio webcast will be available on the Company's website. To access the webcast, visit https://www.hyster-yale.com/investors approximately 15 minutes prior to the event. An archive of the webcast will be available on the Company's website approximately two hours after the live call ends. About Hyster-Yale Materials Handl
Q4 and Full-Year 2023 Highlights: Q4 consolidated operating profit of $48.7 million up 146% from Q4 2022, despite $9.6 million of equity incentive compensation expense specifically due to appreciation in the Company's stock price during Q4 2023Q4 consolidated revenue growth of $42 million, or 4%, compared with Q4 2022 Q4 Lift Truck operating profit of $54.2 million and margin of 5.5% increased significantly over Q4 2022 due to improved product margins Average sales price per backlog unit up 16% over Q4 2022 and 2% over Q3 2023Q4 consolidated net income of $25.2 increased from $7.6 million in Q4 2022Full-year net income of $125.9 million increased by $200 million from 2022 loss of $74.1 mill
CLEVELAND, Feb. 20, 2024 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE:HY) will release its Fourth Quarter and Full Year 2023 financial results after market close on Tuesday, February 27, 2024. In conjunction with this release, the Company will host a webcast with the financial community at 11:00 a.m. ET on Wednesday, February 28, 2024, to discuss the financial results. Access to the live audio webcast will be available on the Company's website. To access the webcast, visit https://www.hyster-yale.com/investors approximately 15 minutes prior to the event. An archive of the webcast will be available on the Company's website approximately two hours after the live call ends. About
GREENVILLE, N.C., May 9, 2022 /PRNewswire/ -- Hyster-Yale Group announces a dealer territory change for its lift truck brands in the Southern United States. The agreement, effective April 29, 2022, appoints Black Equipment as the single authorized dealer for both the Hyster® and Yale® brands in the Memphis, Tennessee market following Black's acquisition of Briggs Equipment operations in that territory. "Memphis, Jackson and Jonesboro are very significant to Hyster and Yale, and this expansion by Black Equipment further strengthens our dedicated dealer network," said Chuck Pascarelli, President, Americas Division, Hyster-Yale Group. "With a proven performance record that includes 22 consecuti
GREENVILLE, N.C., Jan. 6, 2022 /PRNewswire/ -- Hyster-Yale Group, Inc. Americas announced today that it has appointed LiftOne, a CTE company, with headquarters in Charlotte, NC, as the new Hyster® and Yale® dealer in Atlanta, Georgia, following LiftOne's acquisition of Briggs Equipment's operations in that territory on December 31, 2021. LiftOne is one of the largest material handling dealers in the U.S., with six locations in Georgia and 19 locations throughout its five-state service area. "The Atlanta market is critically important to both Hyster and Yale," said Hyster-Yale Group President, Americas, Chuck Pascarelli. "We are delighted to have a dealer with LiftOne's proven record of succ
CLEVELAND, Feb. 18, 2021 /PRNewswire/ -- The Board of Directors of Hyster-Yale Materials Handling, Inc. (NYSE: HY) announced today that Rajiv Prasad, President and Chief Executive Officer of the Company's wholly owned operating subsidiary, Hyster-Yale Group, Inc., has been appointed President of Hyster-Yale Materials Handling effective immediately. He will hold this new position along with his current position at Hyster-Yale Group. The Board of Directors indicated that this new title better reflects Mr. Prasad's broad role within Hyster-Yale Materials Handling, which includes oversight responsibilities for all of the Company's subsidiaries, including its forklift truck business, Hyster-Yale
Northland Capital upgraded Hyster-Yale from Market Perform to Outperform and set a new price target of $90.00
ROTH MKM initiated coverage of Hyster-Yale with a rating of Buy and set a new price target of $85.00
Northland Capital initiated coverage of Hyster-Yale with a rating of Outperform and set a new price target of $80.00
Sidoti upgraded Hyster-Yale from Neutral to Buy and set a new price target of $36.00
EF Hutton reiterated coverage of Hyster-Yale Materials with a rating of Buy and set a new price target of $75.00 from $85.00 previously
SC 13D/A - HYSTER-YALE MATERIALS HANDLING, INC. (0001173514) (Subject)
SC 13D/A - HYSTER-YALE MATERIALS HANDLING, INC. (0001173514) (Subject)
SC 13D/A - HYSTER-YALE MATERIALS HANDLING, INC. (0001173514) (Subject)
SC 13D/A - HYSTER-YALE MATERIALS HANDLING, INC. (0001173514) (Subject)
SC 13D/A - HYSTER-YALE MATERIALS HANDLING, INC. (0001173514) (Subject)
SC 13D/A - HYSTER-YALE MATERIALS HANDLING, INC. (0001173514) (Subject)
SC 13D/A - HYSTER-YALE MATERIALS HANDLING, INC. (0001173514) (Subject)
SC 13D/A - HYSTER-YALE MATERIALS HANDLING, INC. (0001173514) (Subject)
SC 13D/A - HYSTER-YALE MATERIALS HANDLING, INC. (0001173514) (Subject)
SC 13G/A - HYSTER-YALE MATERIALS HANDLING, INC. (0001173514) (Subject)
Hyster Yale (NYSE:HY) has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 1 1 0 0 Last 30D 1 0 0 0 0 1M Ago 1 1 1 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $88.5, along with a high estimate of $90.00 and a low estimate of $87.00. Marking an increase of 3.51%, t
Roth MKM analyst Chip Moore reiterates Hyster Yale (NYSE:HY) with a Buy and maintains $87 price target.
Northland Capital Markets analyst Ted Jackson upgrades Hyster Yale (NYSE:HY) from Market Perform to Outperform and maintains the price target from $90 to $90.
Northland Capital Markets analyst Ted Jackson downgrades Hyster-Yale Materials (NYSE:HY) from Outperform to Market Perform and raises the price target from $80 to $90.
Roth MKM analyst Chip Moore reiterates Hyster-Yale Materials (NYSE:HY) with a Buy and raises the price target from $85 to $87.
Shares of Upstart Holdings, Inc. (NASDAQ:UPST) fell sharply during Wednesday's session after the company reported first-quarter financial results and issued second-quarter revenue guidance below estimates. Upstart reported first-quarter revenue of $128 million, which beat the consensus estimate of $124.867 million, according to Benzinga Pro. Upstart expects second-quarter revenue of approximately $125 million versus estimates of $140.83 million. The company anticipates a second-quarter adjusted EBITDA loss of approximately $25 million. Upstart shares dipped 10.3% to $21.96 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers Reborn Coffee, In
Gainers iSun (NASDAQ:ISUN) shares increased by 38.2% to $0.18 during Wednesday's regular session. Innodata (NASDAQ:INOD) stock moved upwards by 37.68% to $9.28. The market value of their outstanding shares is at $266.8 million. The company's, Q1 earnings came out yesterday. Hyster-Yale Materials (NYSE:HY) shares increased by 23.85% to $73.1. The company's market cap stands at $1.2 billion. As per the news, the Q1 earnings report came out yesterday. Ryde Group (AMEX:RYDE) shares moved upwards by 21.28% to $7.35. The company's market cap stands at $140.4 million. Ameresco (NYSE:AMRC) shares moved upwards by 19.01% to $26.47. The market value of their outstanding shares is at $1.3 billion.
U.S. stocks were mixed, with the Dow Jones gaining around 70 points on Wednesday. Shares of Louisiana-Pacific Corporation (NYSE:LPX) rose sharply during Wednesday's session following better-than-expected first-quarter financial results. LPX reported net sales growth of 24% year-over-year to $724 million, beating the consensus of $688.85 million. Louisiana-Pacific shares climbed 15% to $83.93 on Wednesday. Here are some other big stocks recording gains in today's session. Cricut, Inc. (NASDAQ:CRCT) shares surged 31% to $7.25 after the company reported better-than-expected first-quarter GAAP EPS results. MaxCyte, Inc. (NASDAQ:MXCT) jumped 27.6% to $5.01 following upbeat qua
The Company expects continued second-quarter revenue and operating profit growth compared to the prior year as unit volumes increase and higher-priced, higher-margin backlog units are shipped. Modestly higher labor costs, combined with the anticipated expiration of tariff exemptions in late May 2024, are expected to temper the favorable second-quarter price-to-cost ratio compared to the first quarter.Full-year 2024 Lift Truck revenues and operating profit are expected to increase over 2023. These expected results, however, are now greater than the Company's previously communicated expectations and include the better-than-expected Q1 2024 results and anticipated improvements in subsequent qua
Hyster-Yale Materials (NYSE:HY) reported quarterly earnings of $2.93 per share which beat the analyst consensus estimate of $2.14 by 36.92 percent. This is a 89.03 percent increase over earnings of $1.55 per share from the same period last year. The company reported quarterly sales of $1.06 billion which beat the analyst consensus estimate of $1.03 billion by 2.57 percent. This is a 5.72 percent increase over sales of $999.30 million the same period last year.