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.
HY was given price targets by several analysts. The most optimistic price target was 84, which equates to a potential upside of 17.91 percent. The most pessimistic price target was 65, which equates to a potential downside 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. This can be compared with the average change in earnings estimates over the past 3 months, which 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.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of HY's earnings is estimated by analysts to be 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, as that can indicate whether the high price level of a stock is warranted by high growth. 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.
HY has traded between a high of 76.50 and a low of 47.25 over the past year. The current market price is above the trailing year's low by 50.77 percent, 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 stock has a market capitalization of $1.17 billion. HY is estimated to release their earnings results for the quarter on 0000-00-00, days from today.