Hyster-Yale Materials Handling (HY) AI Stock Analysis

• Market Cap: $775.15M
• Dividend Yield: 3.29%
• Average Volume (3M): 55.85K
• Price to Earnings (P/E): 7.8
• Beta (1Y): 1.13
• Revenue Growth: -0.32%
• EPS Growth: -35.10%
• Country: US
• Employees: 8,500
• Sector: Industrials
• Sector Strength: 94
• Industry: Agricultural - Machinery
• EPS (TTM): 0.48
• Shares Outstanding: 14,254,901
• 10 Day Avg. Volume: 48,602
• 30 Day Avg. Volume: 55,848
• PEG Ratio: -0.24
• Price to Book (P/B): 1.42
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 8.02
• Enterprise Value/Market Cap: 1.45
• Enterprise Value/Revenue: 0.07
• Enterprise Value/Gross Profit: 1.34
• Enterprise Value/Ebitda: 0.94
• 1Y Price Target: $56.00
• Price Target Upside: 30.66% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 74 Outperform
• Price Target: $48.00 ▲(11.99%Upside)

Hyster-Yale's overall stock score reflects a company with solid financial performance and cash flow management, alongside a favorable valuation. Strategic initiatives and a commitment to shareholder returns are positive, though market challenges and revenue declines underscore the need for careful operational management.

Hyster-Yale Materials Handling Business Overview & Revenue Model

Company Description

Hyster-Yale Materials Handling, Inc., through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. It manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. The company markets its products primarily under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships. It also sells aftermarket parts under the Hyster and Yale, as well as UNISOURCE and PREMIER brands to Hyster and Yale dealers for the service of competitor lift trucks. In addition, the company produces and distributes attachments, forks, and lift tables under the Bolzoni, Auramo, and Meyer brand names; and designs and produces products in the port equipment and rough terrain forklift markets. Further, it designs, manufactures, and sells hydrogen fuel-cell stacks and engines. The company serves light and heavy manufacturers, trucking and automotive companies, rental companies, building materials and paper suppliers, lumber, metal products, warehouses, retailers, food distributors, container handling companies, and U.S. and non-U.S. governmental agencies. Hyster-Yale Materials Handling, Inc. was incorporated in 1991 and is headquartered in Cleveland, Ohio.

How the Company Makes Money

Hyster-Yale Materials Handling generates revenue primarily through the sale of lift trucks, which are marketed under the Hyster and Yale brand names. The company's revenue streams include the direct sale of new and used lift trucks, leasing options, and the sale of aftermarket parts and services. The aftermarket segment includes maintenance services, repair parts, and fleet management services, which provide a steady and recurring income stream. Additionally, Hyster-Yale partners with various distributors and dealers worldwide to expand its market reach and enhance its service offerings. Strategic partnerships and joint ventures in emerging markets also contribute to the company's revenue by increasing its global footprint and customer base.

Hyster-Yale Materials Handling Financial Statement Overview

Summary

Hyster-Yale Materials Handling shows strong cash flow management with robust operating cash flow and positive free cash flow growth. The balance sheet indicates conservative leverage, though slight revenue declines may pose challenges. Continued attention to managing leverage and enhancing profit margins is needed.

Income Statement

Hyster-Yale Materials Handling demonstrated strong revenue growth and improving profitability. The TTM (Trailing-Twelve-Months) gross profit margin stands at approximately 20.12%, showing efficiency in production. The net profit margin of about 2.39% and an EBIT margin of 4.38% indicate moderate profitability, with room for improvement in operational efficiency. Revenue growth from 2023 to TTM was slightly negative, indicating a need for recovery to sustain momentum.

Balance Sheet

The company's balance sheet shows a stable equity position with a debt-to-equity ratio of 0.95, indicating conservative leverage. The return on equity (ROE) is 19.49%, reflecting effective use of shareholders’ investments. The equity ratio of 24.81% suggests a balanced approach to financing with debt and equity, though there is potential risk if leverage increases without asset growth.

Cash Flow

Cash flow analysis reveals robust operating cash flow, with an operating cash flow to net income ratio of 1.13, indicating good cash conversion from profits. Free cash flow growth is positive, suggesting well-managed capital expenditures. The free cash flow to net income ratio of 0.91 supports healthy cash generation, providing liquidity for future investments and debt servicing.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.31B	4.12B	3.55B	3.08B	2.81B
Gross Profit	895.50M	785.60M	433.90M	363.40M	465.40M
EBITDA	300.40M	263.40M	9.40M	-93.20M	98.80M
Net Income	142.30M	125.90M	-74.10M	-173.00M	37.10M
Balance Sheet
Total Assets	2.03B	2.08B	2.03B	1.97B	1.86B
Cash, Cash Equivalents and Short-Term Investments	96.60M	78.80M	59.00M	65.50M	151.40M
Total Debt	440.70M	494.00M	552.90M	518.50M	289.20M
Total Liabilities	1.54B	1.67B	1.80B	1.59B	1.21B
Stockholders Equity	475.10M	389.90M	204.40M	357.10M	616.90M
Cash Flow
Free Cash Flow	122.90M	115.30M	11.80M	-297.80M	115.20M
Operating Cash Flow	170.70M	150.70M	40.60M	-253.50M	166.90M
Investing Cash Flow	-47.60M	-34.50M	-35.40M	-24.50M	-43.70M
Financing Cash Flow	-100.10M	-100.50M	-10.90M	193.60M	-40.60M

Hyster-Yale Materials Handling Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 42.86
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HY, the sentiment is Positive. The current price of 42.86 is above the 20-day moving average (MA) of 41.44, above the 50-day MA of 41.02, and below the 200-day MA of 48.08, indicating a neutral trend. The MACD of 0.44 indicates Negative momentum. The RSI at 64.82 is Neutral, neither overbought nor oversold. The STOCH value of 68.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HY.

Hyster-Yale Materials Handling Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PCAR	83 Outperform	$53.08B	17.34	16.77%	3.90%	-11.90%	-38.21%
OSK	77 Outperform	$8.23B	13.66	15.24%	1.52%	5.95%	-10.59%
TEX	75 Outperform	$3.38B	14.03	13.85%	1.31%	-2.78%	-51.72%
HY	74 Outperform	$775.15M	7.79	21.56%	3.29%	-0.32%	-35.10%
SHYF	68 Neutral	$439.02M	972.09	0.18%	1.59%	-4.08%	―
CMCO	66 Neutral	$463.85M	55.98	-0.58%	2.16%	-4.98%	-110.92%
Sector *	65 Neutral	$11.08B	15.70	5.19%	2.15%	3.13%	-24.94%

Hyster-Yale Materials Handling Corporate Events

Hyster-Yale Declares Quarterly Cash Dividend

Hyster-Yale Materials Handling announced that its Board of Directors declared a quarterly cash dividend of $0.3225 per share, payable on both its Class A and Class B common stock. This decision reflects the company’s ongoing commitment to returning value to its shareholders and may positively impact investor sentiment.

The most recent analyst rating on (HY) stock is a Hold with a $75.00 price target. To see the full list of analyst forecasts on Hyster-Yale Materials Handling stock, see the HY Stock Forecast page.

Hyster-Yale Elects Board at Annual Stockholder Meeting

On May 13, 2025, Hyster-Yale, Inc. held its Annual Meeting of Stockholders, where fifteen nominees were elected to the Board of Directors. Stockholders approved the executive officer compensation and decided to hold annual advisory votes on this matter. Additionally, Ernst & Young LLP was confirmed as the independent registered public accounting firm for the current fiscal year.

The most recent analyst rating on (HY) stock is a Buy with a $90.00 price target. To see the full list of analyst forecasts on Hyster-Yale Materials Handling stock, see the HY Stock Forecast page.

Hyster-Yale Updates Financial Data for Q1 2025

On May 6, 2025, Hyster-Yale, Inc. will update its website with additional historical quarterly financial data and revised schedules for the first quarter of 2025. This update is part of the company’s compliance with regulatory requirements, providing stakeholders with detailed insights into its operational results.

Hyster-Yale Updates Investor Presentation on May 6

On May 6, 2025, Hyster-Yale, Inc. posted an updated investor presentation on its website. The information from this presentation is part of a Current Report on Form 8-K, but it is not considered filed under the Securities Exchange Act of 1934 or the Securities Act of 1933 unless specifically referenced.