Hyster-Yale Materials Handling (HY) AI Stock Analysis

• Market Cap: $756.02M
• Dividend Yield: 3.28%
• Average Volume (3M): 87.57K
• Price to Earnings (P/E): 7.6
• Beta (1Y): 1.12
• Revenue Growth: -0.32%
• EPS Growth: -35.10%
• Country: US
• Employees: 8,500
• Sector: Industrials
• Sector Strength: 90
• Industry: Agricultural - Machinery
• EPS (TTM): 0.48
• Shares Outstanding: 14,254,901
• 10 Day Avg. Volume: 94,696
• 30 Day Avg. Volume: 87,573
• PEG Ratio: -0.50
• Price to Book (P/B): 1.46
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 4.60
• Enterprise Value/Market Cap: 1.38
• Enterprise Value/Revenue: 0.06
• Enterprise Value/Gross Profit: 1.17
• Enterprise Value/Ebitda: 0.83
• 1Y Price Target: $56.00
• Price Target Upside: 31.18% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

Hyster-Yale Materials Handling shows a solid financial foundation with strong cash flow and attractive valuation, though revenue declines and moderate profit margins highlight areas for improvement. The stock's technical indicators suggest mixed signals with potential bearish trends but recent positive momentum. Strategic initiatives from the earnings call indicate proactive management, but external challenges and lower operating profits present risks. Overall, the stock presents a balanced investment opportunity with room for growth if market conditions stabilize.

Hyster-Yale Materials Handling Business Overview & Revenue Model

Company Description

Hyster-Yale Materials Handling, Inc. is a globally recognized leader in the design, engineering, manufacturing, and sale of a comprehensive line of lift trucks and aftermarket parts. Headquartered in Cleveland, Ohio, the company operates through multiple brands including Hyster and Yale, which serve a wide range of industries such as retail, manufacturing, logistics, and distribution. Hyster-Yale offers a diverse portfolio of products ranging from electric, diesel, and LPG-powered lift trucks to container handlers and reach stackers. Their services extend beyond sales to include fleet management, financing, and maintenance solutions.

How the Company Makes Money

Hyster-Yale Materials Handling primarily generates revenue through the sale of lift trucks and aftermarket parts. The company sells its products globally through a network of independent dealers as well as directly to clients. A significant portion of its income is derived from its aftermarket services, which include maintenance and repair, fleet management, and parts sales. Hyster-Yale also offers leasing and rental options, providing flexibility to customers and securing recurring revenue streams. Strategic partnerships and collaborations with other industrial and technology firms enhance their offerings and market reach, further contributing to their financial performance.

Hyster-Yale Materials Handling Financial Statement Overview

Summary

Hyster-Yale Materials Handling exhibits strong financial performance with robust revenue growth and improved profitability. The balance sheet is stable, though increasing leverage is a concern. Strong cash flow generation supports growth initiatives.

Income Statement

Hyster-Yale Materials Handling has shown strong revenue growth over the years, with a notable increase from $3.55 billion in 2022 to $4.31 billion in 2024. The gross profit margin improved significantly, indicating better cost management. EBIT and EBITDA margins are healthy, reflecting operational efficiency. Net profit margin has improved, demonstrating enhanced profitability.

Balance Sheet

The company has a manageable debt-to-equity ratio, although it has increased over the years, raising leverage concerns. Return on Equity (ROE) has improved, reflecting better utilization of shareholder's equity. The equity ratio indicates a moderate reliance on equity financing, suggesting a balanced financial structure.

Cash Flow

Operating cash flow has been positive and growing, which is a good sign of cash generation from core operations. Free cash flow shows a strong growth trajectory, enhancing financial flexibility. The operating cash flow to net income ratio indicates robust cash conversion from profits.

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
	EBIT
244.80M	208.70M	-39.10M	-152.30M	49.90M
	EBITDA
300.40M	263.40M	9.40M	-93.20M	98.80M
	Net Income Common Stockholders
142.30M	125.90M	-74.10M	-173.00M	37.10M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
96.60M	78.80M	59.00M	65.50M	151.40M
	Total Assets
2.03B	2.08B	2.03B	1.97B	1.86B
	Total Debt
440.70M	494.00M	552.90M	518.50M	289.20M
	Net Debt
344.10M	415.20M	493.90M	453.00M	137.80M
	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: Neutral
• Last Price: 42.69
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HY, the sentiment is Neutral. The current price of 42.69 is above the 20-day moving average (MA) of 40.06, above the 50-day MA of 41.12, and below the 200-day MA of 52.97, indicating a neutral trend. The MACD of 0.54 indicates Negative momentum. The RSI at 58.10 is Neutral, neither overbought nor oversold. The STOCH value of 84.76 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	77 Outperform	$50.77B	14.67	19.90%	1.27%	-8.64%	-31.57%
HY	76 Outperform	$756.02M	7.60	21.56%	3.28%	-0.32%	-35.10%
OSK	76 Outperform	$6.58B	10.91	15.24%	1.85%	5.95%	-10.59%
TEX	75 Outperform	$3.15B	13.09	13.85%	1.42%	-2.78%	-51.72%
SHYF	66 Neutral	$341.31M	755.81	0.18%	2.05%	-4.08%	―
Sector *	64 Neutral	$4.42B	11.99	5.16%	249.23%	4.02%	-11.68%
CMCO	61 Neutral	$510.16M	56.14	1.07%	1.57%	-2.02%	-80.76%

Hyster-Yale Materials Handling Corporate Events

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.

Spark’s Take on HY Stock

According to Spark, TipRanks’ AI Analyst, HY is a Outperform.

Hyster-Yale is well-positioned financially with strong cash flows and profitability. While the stock appears undervalued, caution is warranted due to bearish price trends and operational challenges highlighted in the earnings call.

To see Spark’s full report on HY stock, click here.

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.

Spark’s Take on HY Stock

According to Spark, TipRanks’ AI Analyst, HY is a Neutral.

Hyster-Yale’s stock score is driven by strong financial performance, despite increasing leverage. Technical indicators show downward momentum, and valuation metrics suggest the stock is currently undervalued. While the earnings call highlighted past achievements, future guidance poses challenges. Overall, the stock is positioned moderately with potential growth, but short-term caution is advised.

To see Spark’s full report on HY stock, click here.

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.

Spark’s Take on HY Stock

According to Spark, TipRanks’ AI Analyst, HY is a Neutral.

Hyster-Yale’s stock score is driven by strong financial performance, despite increasing leverage. Technical indicators show downward momentum, and valuation metrics suggest the stock is currently undervalued. While the earnings call highlighted past achievements, future guidance poses challenges. Overall, the stock is positioned moderately with potential growth, but short-term caution is advised.

To see Spark’s full report on HY stock, click here.

Hyster-Yale to Update Financial Data on Website

On February 25, 2025, Hyster-Yale, Inc. plans to update its website with additional historical quarterly financial data and revised schedules for the fourth quarter of 2024. This update is part of a regulatory filing process and aims to provide stakeholders with detailed insights into the company’s past operational results.