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 price target was 84, implying a possible profit of 17.91 percent. The most pessimistic price target was 65, implying a possible loss 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 1.36 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 14.6 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
Analysts estimate earnings of HY to grow at a rate of 23.35 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of HY is 0.98.
In the trailing 52-weeks, HY hit 76.50 at the highest peak, while it's lowest trading point was 47.25. The current market price is above the trailing year's low by 50.77 percent, and below the high by 6.88 percent. 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's next earnings release will be on 0000-00-00, which is days away.