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.
A number of analysts gave price targets for HY. The maximum price target given was 84, which equates to a potential upside of 17.91 percent. The lowest price target was 65, implying potential capital losses of -8.76 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 14.6 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' 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. 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.
HY has an estimated earnings growth rate of 23.35 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. 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. Currently the stock is 50.77 percent higher than its low, and 6.88 percent below the 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 will post this quarters earnings in days, on 0000-00-00.