Hyster-Yale Materials Handling (HY) AI Stock Analysis

• Market Cap: $658.19M
• Dividend Yield: 3.88%
• Average Volume (3M): 84.18K
• Price to Earnings (P/E): 29.8
• Beta (1Y): 1.14
• Revenue Growth: -7.11%
• EPS Growth: -87.41%
• Country: US
• Employees: 8,500
• Sector: Industrials
• Sector Strength: 72
• Industry: Agricultural - Machinery
• EPS (TTM): -0.79
• Shares Outstanding: 14,269,982
• 10 Day Avg. Volume: 97,461
• 30 Day Avg. Volume: 84,178
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.72
• Enterprise Value/Revenue: 0.29
• Enterprise Value/Gross Profit: 1.51
• Enterprise Value/Ebitda: 8.45
• 1Y Price Target: $46.33
• Price Target Upside: 26.55% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 61 Neutral
• Price Target: $39.00 ▲(6.53% Upside)

Hyster-Yale's overall stock score is driven by strong cash flow generation and a stable balance sheet, despite recent revenue declines. The technical indicators suggest a bearish trend, and the high P/E ratio indicates potential overvaluation. The earnings call highlights challenges but also shows proactive management strategies, suggesting potential for recovery.

Hyster-Yale Materials Handling Business Overview & Revenue Model

Company Description

Hyster-Yale Materials Handling, Inc. is a leading global manufacturer of material handling equipment, particularly known for its forklifts and related services. The company operates primarily in the industrial equipment sector, offering a wide range of products, including internal combustion and electric lift trucks, as well as warehousing solutions. Hyster-Yale serves various industries, including manufacturing, retail, and logistics, providing tailored material handling solutions to enhance operational efficiency.

How the Company Makes Money

Hyster-Yale generates revenue through several key streams. The primary source of income comes from the sale of its material handling equipment, including forklifts and warehouse trucks. Additionally, the company earns revenue from parts sales and service contracts, which are critical for the maintenance and repair of its equipment. Hyster-Yale also benefits from leasing options and financing solutions offered to customers, creating an additional revenue channel. Strategic partnerships with distributors and dealers enhance market reach, while collaborations with technology firms enable the integration of advanced features in their products, further driving sales. Overall, the combination of equipment sales, service contracts, and strategic partnerships underpins Hyster-Yale's financial performance.

Hyster-Yale Materials Handling Financial Statement Overview

Summary

Hyster-Yale demonstrates a solid financial standing with strengths in cash flow generation and a stable balance sheet. Despite a recent decline in revenue, the company maintains healthy profit margins and has reduced leverage. However, attention is needed on revenue growth to sustain long-term profitability.

Income Statement

Hyster-Yale's income statement shows a mixed performance. The TTM data indicates a decline in revenue growth rate by 5.08%, which is concerning. However, the company maintains a positive gross profit margin of 20.12% and a net profit margin of 2.39%. The EBIT and EBITDA margins are relatively stable at 4.48% and 5.60%, respectively, indicating operational efficiency. Despite the recent revenue decline, the company has shown resilience in maintaining profitability.

Balance Sheet

The balance sheet reflects a moderate financial position. The debt-to-equity ratio has improved to 0.95 in the TTM, indicating a reduction in leverage compared to previous years. Return on equity is at 20.07%, showcasing effective use of equity to generate profits. The equity ratio stands at 26.24%, suggesting a balanced capital structure. Overall, the company has managed its liabilities well, but there is room for improvement in equity growth.

Cash Flow

Cash flow analysis reveals strong performance with a significant free cash flow growth rate of 59.63% in the TTM. The operating cash flow to net income ratio is 0.11, and the free cash flow to net income ratio is 0.81, indicating efficient cash generation relative to net income. The company has improved its cash flow position significantly, which is a positive indicator for future investments and debt servicing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.95B	4.31B	4.12B	3.55B	3.08B	2.81B
Gross Profit	746.40M	895.50M	785.60M	433.90M	363.40M	465.40M
EBITDA	133.70M	300.40M	263.40M	9.40M	-93.20M	98.80M
Net Income	22.20M	142.30M	125.90M	-74.10M	-173.00M	37.10M
Balance Sheet
Total Assets	2.08B	2.03B	2.08B	2.03B	1.97B	1.86B
Cash, Cash Equivalents and Short-Term Investments	66.90M	96.60M	78.80M	59.00M	65.50M	151.40M
Total Debt	473.20M	541.80M	494.00M	552.90M	518.50M	289.20M
Total Liabilities	1.51B	1.54B	1.67B	1.80B	1.59B	1.21B
Stockholders Equity	544.70M	475.10M	389.90M	204.40M	357.10M	616.90M
Cash Flow
Free Cash Flow	120.70M	122.90M	115.30M	11.80M	-297.80M	115.20M
Operating Cash Flow	143.30M	170.70M	150.70M	40.60M	-253.50M	166.90M
Investing Cash Flow	-54.50M	-47.60M	-34.50M	-35.40M	-24.50M	-43.70M
Financing Cash Flow	-89.00M	-100.10M	-100.50M	-10.90M	193.60M	-40.60M

Hyster-Yale Materials Handling Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 36.61
• 50DMA: Negative
• 100DMA: Negative
• 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 Negative. The current price of 36.61 is below the 20-day moving average (MA) of 36.72, below the 50-day MA of 38.13, and below the 200-day MA of 42.77, indicating a bearish trend. The MACD of -0.29 indicates Negative momentum. The RSI at 47.16 is Neutral, neither overbought nor oversold. The STOCH value of 38.09 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HY.

Hyster-Yale Materials Handling Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TEX	77 Outperform	$3.40B	19.32	9.11%	1.31%	-0.35%	-63.44%
PCAR	73 Outperform	$52.77B	17.22	16.22%	3.97%	-11.92%	-38.21%
OSK	71 Outperform	$8.24B	12.93	14.60%	1.54%	0.41%	-3.90%
CAT	66 Neutral	$218.20B	23.68	50.57%	1.23%	-4.87%	-10.47%
DE	63 Neutral	$125.43B	24.26	20.68%	1.36%	-20.63%	-34.82%
HY	61 Neutral	$658.19M	29.81	4.39%	3.88%	-7.11%	-87.41%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Hyster-Yale Materials Handling Corporate Events

Hyster-Yale Updates Website with Q2 2025 Financial Data

On August 5, 2025, Hyster-Yale, Inc. will update its website with additional historical quarterly financial data and revised schedules for the second quarter of 2025. This update aims to provide stakeholders with detailed insights into the company’s past operational results, although it is not intended to be filed under the Securities Exchange Act of 1934 or incorporated into any filings under the Securities Act of 1933.

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 Updates Investor Presentation August 2025

On August 5, 2025, Hyster-Yale, Inc. updated its investor presentation on its website. This update, which was filed under Form 8-K, is intended to provide stakeholders with the latest insights into the company’s financial and operational status, although it is not filed for liability purposes under the Securities Exchange Act of 1934.

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 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.