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 minimum price target given was 65, implying a possible loss of -8.76 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
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. 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. Over the past month, 0 analysts increased their quarterly estimates, 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, 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. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, 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. The PEG ratio of HY is 0.98.
HY has a 52-week high of 76.50 and a 52-week low of 47.25. 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 price/earnings 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 will post this quarters earnings in days, on 0000-00-00.