Analyst Ratings for Hyster-Yale Materials Handling Inc. (HY)

Updated: 2017-07-28

Analysts covering Hyster-Yale Materials Handling Inc. (NYSE:HY) have given it a consensus rating of Hold. HY had previously received a consensus rating of Hold a month ago.

4 analysts issued ratings on the stock, where 0 gave HY a buy rating, 1 issued an overweight rating, 3 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for HY. The most optimistic analyst gave a price target of 84, implying potential capital gains of 17.91 percent. The most pessimistic price target was 65, implying potential capital losses of -8.76 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 1.36 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 14.6 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of HY to grow at a rate of 23.35 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. HY has a PEG ratio of 0.98.

In the last 52-weeks, HY has achieved a high of 76.50 and a low of 47.25. Today's price is 50.77 percent above the 52-week low, and 6.88 percent lower than its 52-week high. HY has a P/E ratio of 22.98. Investors typically compare the P/E ratio to a company's peers in the industry. The HY value stock report compares HY to some of its peers using value stock charts. The market cap of HY is $1.17 billion. HY is estimated to release their earnings results for the quarter on 0000-00-00, days from today.