DashboardPortfoliosWatchlistCommunityDiscoverScreener
NOT FOR DISTRIBUTION
Loading...
  • Stocks
  • /
  • Capital Goods
Updated 1m ago
HY logo

Hyster-Yale, Inc.NYSE:HY Stock Report

Market Cap US$601.4m
Updated 1m ago
Share Price
n/a
1Y-8.4%
7D-0.2%
1D0.8%
Portfolio Value
​
View

Hyster-Yale, Inc.

NYSE:HY Stock Report

Market Cap: US$601.4m

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Hyster-Yale (HY) Stock Overview

Through its subsidiaries, provides lift trucks, attachments, parts, fleet management services, and technology and energy solutions worldwide. More details

HY fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance0/6
Financial Health2/6
Dividends4/6

Rewards

Trading at 49.1% below our estimate of its fair value

Earnings are forecast to grow 65.2% per year

Trading at good value compared to peers and industry

Risk Analysis

Dividend of 4.35% is not well covered by earnings or free cash flows

Debt is not well covered by operating cash flow


HY Community Fair Values

Create Narrative

See what 7 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
32.9% undervalued intrinsic discount
AnalystConsensusTarget
•1mo ago

Global E-commerce And Automation Will Spark Rebound

177
0
1

Top Analyst Narratives

HY logo
Hyster-Yale
32.9% undervalued intrinsic discount

Global E-commerce And Automation Will Spark Rebound

View narrative
AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 8 Aug
Read Narrative
View all narratives

Hyster-Yale, Inc. Competitors

Stratasys

Symbol: NasdaqGS:SSYS
Market cap: US$700.7m

Park-Ohio Holdings

Symbol: NasdaqGS:PKOH
Market cap: US$646.8m

Kornit Digital

Symbol: NasdaqGS:KRNT
Market cap: US$712.7m

3D Systems

Symbol: NYSE:DDD
Market cap: US$588.2m

Price History & Performance

Summary of share price highs, lows and changes for Hyster-Yale
Historical stock prices
Current Share PriceUS$33.54
52 Week HighUS$41.30
52 Week LowUS$26.41
Beta1.65
1 Month Change-3.37%
3 Month Change-12.97%
1 Year Change-8.44%
3 Year Change-23.60%
5 Year Change-36.78%
Change since IPO-21.51%

Recent News & Updates

Seeking Alpha • Aug 14

Hyster-Yale Remains Too Troubled To Entertain An Upgrade

Summary Hyster-Yale remains rated "Sell" due to worsening fundamentals and persistent underperformance versus the S&P 500. Q2 FY2026 saw revenue decline 15% year-over-year, with net loss widening to $31.6 million and negative adjusted operating cash flow. Despite a surge in quarterly bookings to $680 million, backlog continues to contract, signaling weak conversion to shipments. Cost-cutting and manufacturing optimization initiatives are underway, but tangible turnaround evidence is still lacking for HY. Read the full article on Seeking Alpha
User avatar
Narrative Update • Aug 08

HY: Future Returns Will Rely On Lithium AI And Dividend Support

Analysts have raised their price target for Hyster-Yale stock from $46.00 to $50.00, reflecting updated assumptions about revenue growth, profit margins and a higher future P/E multiple. What’s in the News for Hyster-Yale Hyster-Yale Materials Handling and NTT DATA announced a physical AI application in the Berea, Kentucky manufacturing facility that uses vision sensors, edge AI and analytics to monitor assembly steps in real time and flag deviations before products move to the next stage.

Recent updates

Seeking Alpha • Aug 14

Hyster-Yale Remains Too Troubled To Entertain An Upgrade

Summary Hyster-Yale remains rated "Sell" due to worsening fundamentals and persistent underperformance versus the S&P 500. Q2 FY2026 saw revenue decline 15% year-over-year, with net loss widening to $31.6 million and negative adjusted operating cash flow. Despite a surge in quarterly bookings to $680 million, backlog continues to contract, signaling weak conversion to shipments. Cost-cutting and manufacturing optimization initiatives are underway, but tangible turnaround evidence is still lacking for HY. Read the full article on Seeking Alpha
User avatar
Narrative Update • Aug 08

HY: Future Returns Will Rely On Lithium AI And Dividend Support

Analysts have raised their price target for Hyster-Yale stock from $46.00 to $50.00, reflecting updated assumptions about revenue growth, profit margins and a higher future P/E multiple. What’s in the News for Hyster-Yale Hyster-Yale Materials Handling and NTT DATA announced a physical AI application in the Berea, Kentucky manufacturing facility that uses vision sensors, edge AI and analytics to monitor assembly steps in real time and flag deviations before products move to the next stage.
User avatar
Narrative Update • Jun 17

HY: Future Returns Will Rely On Lithium Electrification And Dividend Support

Analysts have maintained their Hyster-Yale price target at $46.00, citing largely unchanged assumptions around fair value, growth, profitability, and future P/E, even though their models now use a slightly lower discount rate. What’s in the News for Hyster-Yale Hyster-Yale announced the launch of the Hyster XTLG integrated lithium-ion forklift series in the Americas, built on an internal combustion engine chassis with three product ranges offering lifting capacities from 4,000 to 15,500 pounds.
User avatar
Narrative Update • Jun 02

HY: Future Returns Will Rely On Higher Margins And Lithium Forklift Adoption

Analysts have adjusted their price target for Hyster-Yale from $47 to $46, reflecting updated views on revenue growth, profit margins, and future P/E assumptions in their models. What's in the News Hyster launched the XTLG integrated lithium ion forklift series in the Americas, built on an internal combustion engine chassis with three ranges from 4,000 to 15,500 pounds lifting capacity, using about 75% less energy than comparable diesel models according to VDI cycle testing.
User avatar
Narrative Update • Apr 24

HY: Future Returns Will Rely On Margins And Completed Share Repurchase

Analysts have maintained their Hyster-Yale price target at $47.00, with only small adjustments to discount rate, revenue growth, profit margin, and future P/E assumptions supporting this unchanged view. What's in the News Hyster-Yale completed a share repurchase of 106,314 shares, representing 0.61% of the company, for a total of $5.76 million under the buyback program announced on November 18, 2024 (Key Developments).
User avatar
Narrative Update • Apr 10

HY: Future Returns Will Rely On Margins And Share Repurchase Discipline

Analysts have raised their price target on Hyster-Yale from $36.50 to $47.00, reflecting updated assumptions for revenue growth, discount rate, profit margin, and future P/E that have changed their view of the shares. What's in the News From October 1, 2025 to December 31, 2025, Hyster-Yale reported no share repurchases under its existing buyback program, with 0 shares repurchased for $0 million in that period (Key Developments).
User avatar
Narrative Update • Feb 21

HY: Future Returns Will Rely On Margins As CFO Resignation Approaches

Analysts have kept their $36.50 price target for Hyster-Yale steady, citing only slight shifts in the discount rate, revenue growth assumptions, profit margin outlook, and future P/E estimates that, in their view, do not materially change the stock's valuation profile. What's in the News Hyster-Yale, Inc.
User avatar
Narrative Update • Feb 06

HY: Future Returns Will Depend On Margins As CFO Exit Nears

Analysts have kept their fair value estimate for Hyster-Yale at $36.50, applying a slightly lower discount rate and marginally higher profit margin assumptions. Together, these adjustments reflect a modestly more confident view of the company’s risk profile and earnings power without changing the overall price target level.
User avatar
Narrative Update • Jan 22

HY: Future Returns Will Depend On Margin Execution And CFO Departure

Analysts have maintained their fair value estimate for Hyster-Yale at $36.50. The unchanged target reflects updated discount rate assumptions, modest revisions to revenue expectations, slightly higher projected profit margins, and a lower assumed future P/E multiple.
User avatar
Narrative Update • Jan 08

HY: Future Returns Will Rely On Margin Gains And CFO Transition

Narrative Update on Hyster-Yale Analysts have kept their fair value estimate for Hyster-Yale unchanged at $36.50, with small adjustments to the discount rate, profit margin, and future P/E assumptions guiding the refreshed price target rationale. What's in the News On December 11, 2025, Hyster-Yale reported that Chief Financial Officer Scott A.
User avatar
Narrative Update • Dec 24

HY: Future Returns Will Rely On Improving Margins Amid Leadership Transition

Analysts have trimmed their price target on Hyster-Yale, citing more conservative assumptions on revenue growth and valuation multiples, even as profit margin expectations have risen. This has resulted in a modestly lower fair value estimate near $36.50 per share.
User avatar
Narrative Update • Dec 10

HY: Future Returns Will Depend On Stable Margins And Completed Buybacks

Narrative Update Analysts have modestly lifted their price target on Hyster-Yale to 36.50 dollars, reflecting slightly lower perceived risk and a marginally improved long term earnings outlook, while keeping core growth and margin assumptions essentially unchanged. What's in the News Completed share repurchase of 106,314 shares, representing about 0.61% of outstanding shares, totaling approximately 5.76 million dollars under the buyback program announced on November 18, 2024 (company disclosure) No additional shares were repurchased between July 1, 2025 and September 30, 2025, leaving the latest buyback tranche inactive during the quarter (company disclosure) The completion of the authorized repurchase program may modestly support earnings per share through a smaller share count, while limiting near term capital returns unless a new authorization is approved (company disclosure) Valuation Changes Fair Value: Unchanged at 36.50 dollars per share, indicating no revision to the central valuation estimate.
Analysis Article • Dec 04

Here's Why Hyster-Yale (NYSE:HY) Is Weighed Down By Its Debt Load

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
User avatar
Narrative Update • Nov 26

HY: Profit Margin Improvements Will Drive Shares Higher Moving Forward

Narrative Update on Hyster-Yale: Analyst Price Target Adjustment Analysts have revised their fair value estimate for Hyster-Yale downward from $45.00 to $36.50. This change is due to adjustments in long-term growth rates and profit margin expectations.
User avatar
Narrative Update • Nov 07

HY: Positive Revenue Outlook And E-Commerce Trends Will Support Shares

Analysts have revised their fair value estimate for Hyster-Yale downward from $50 to $45. This reflects updated assumptions about revenue growth and profitability in their latest outlook.
Analysis Article • Aug 14

Hyster-Yale's (NYSE:HY) Soft Earnings Are Actually Better Than They Appear

NYSE:HY 1 Year Share Price vs Fair Value Explore Hyster-Yale's Fair Values from the Community and select yours...
User avatar
Narrative Update • Aug 08

Global E-commerce And Automation Will Spark Rebound

Despite a modest improvement in revenue growth forecasts and a notable decrease in future P/E, the consensus analyst price target for Hyster-Yale has been downgraded from $56.00 to $50.00. What's in the News Hyster-Yale provided guidance for modestly higher third quarter operating profit due to increased sales volume and manufacturing efficiency, but expects full-year 2025 results below strong 2024 performance.
Analysis Article • Apr 04

Lacklustre Performance Is Driving Hyster-Yale, Inc.'s (NYSE:HY) Low P/E

Hyster-Yale, Inc.'s ( NYSE:HY ) price-to-earnings (or "P/E") ratio of 4.6x might make it look like a strong buy right...
Seeking Alpha • Feb 27

Hyster-Yale: A Hidden Industrial Gem Set To Ride The Automation Wave

Summary Hyster-Yale is well-positioned for growth with strong demand for lift trucks, strategic investments in autonomous technology, and vertical integration through acquisitions of Bolzoni and Nuvera Fuel Cells. The company benefits from favorable industrial trends, particularly in North America, and is poised to capitalize on rising demand in Asia-Pacific and Europe. Financial health is robust with increasing revenues, stable profit margins, and effective debt reduction, supporting ongoing investments and R&D. Despite supply chain challenges and a weak EMEA market, Hyster-Yale's strategic moves and favorable industry trends justify a BUY recommendation with an 11.33% upside. Read the full article on Seeking Alpha
Analysis Article • Jan 17

Does Hyster-Yale (NYSE:HY) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Seeking Alpha • Jan 09

Hyster-Yale: Asymmetrical Payoff For Short-Term Alpha After Market Punishment (Rating Upgrade)

Summary I am turning more constructive on Hyster-Yale Materials Handling, Inc. given its current valuation of 5x EBIT and potential for upside correction. HY's stock has suffered from overly pessimistic investor expectations, trading at an 80% discount to the sector despite comparable industry performance. Management's efforts to improve operating ratios and shed capital have positioned HY for potential margin decompression and higher ROICs, supporting a $73-$74/share valuation. The risk/reward calculus is thus skewed to the upside, justifying a tactical buy to capture the convergence of price to value with limited downside risk. Read the full article on Seeking Alpha
Analysis Article • Dec 12

Little Excitement Around Hyster-Yale, Inc.'s (NYSE:HY) Earnings

Hyster-Yale, Inc.'s ( NYSE:HY ) price-to-earnings (or "P/E") ratio of 6.2x might make it look like a strong buy right...
Analysis Article • Nov 08

Hyster-Yale, Inc. Just Missed Earnings - But Analysts Have Updated Their Models

The analysts might have been a bit too bullish on Hyster-Yale, Inc. ( NYSE:HY ), given that the company fell short of...
Analysis Article • Oct 24

At US$65.21, Is It Time To Put Hyster-Yale, Inc. (NYSE:HY) On Your Watch List?

While Hyster-Yale, Inc. ( NYSE:HY ) might not have the largest market cap around , it saw a double-digit share price...
Seeking Alpha • Oct 23

Hyster-Yale: Besides Improved FCF Prospects, Not Too Enthused About Going Long

Summary Hyster-Yale has experienced significant volatility in 2024, and is currently underperforming other small-caps and industrial stocks on a YTD basis. Gross and operating margins which have been quite resilient are expected to come off in Q3, whilst we remain concerned about the rapid decline in the backlog. Better working capital management, particularly on the inventory front, coupled with a lower cadence of CAPEX, could result in a marked improvement in cash flow generation in H2-24. Over a two year time frame, Hyster does not offer compelling earnings growth, but it still priced at a hefty P/E premium. The current yield looks sub-par and the risk-reward on the long-term chart does not look too appealing. Read the full article on Seeking Alpha
Analysis Article • Sep 20

Does Hyster-Yale (NYSE:HY) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
User avatar
New Narrative • Sep 15

Advanced Tech And Clean Energy Ventures Promise Growth Amid Shrinking Margins And Market Challenges

Transitioning to a solutions-based focus with advanced on-truck technologies could significantly enhance revenue per unit by adding complex value.
Seeking Alpha • Aug 15

Hyster-Yale Appeals To My Small-Cap/Value Roots, But It Isn't Yet Buyable

Summary I’ve written a lot lately about big-time growth stocks. But my roots are in small-cap value, and Hyster-Yale takes me back to that. But as many find out later in life, going home can be hard. Although potentially exciting as they grow up, small caps are inherently volatile… and value stocks are usually cheap for good reasons. I see terrific opportunities for Hyster-Yale, and I want to buy… but not now (perhaps around mid-2025). Read the full article on Seeking Alpha
Analysis Article • Aug 14

Benign Growth For Hyster-Yale, Inc. (NYSE:HY) Underpins Its Share Price

Hyster-Yale, Inc.'s ( NYSE:HY ) price-to-earnings (or "P/E") ratio of 5.9x might make it look like a strong buy right...

Shareholder Returns

HYUS MachineryUS Market
7D-0.2%-1.1%-0.2%
1Y-8.4%25.1%11.9%

Return vs Industry: HY underperformed the US Machinery industry which returned 25.1% over the past year.

Return vs Market: HY underperformed the US Market which returned 11.9% over the past year.

Price Volatility

Is HY's price volatile compared to industry and market?
HY volatility
HY Average Weekly Movement7.7%
Machinery Industry Average Movement5.7%
Market Average Movement6.8%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market2.9%

Stable Share Price: HY has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: HY's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19917,500Rajiv Prasadwww.hyster-yale.com

Hyster-Yale, Inc., through its subsidiaries, provides lift trucks, attachments, parts, fleet management services, and technology and energy solutions worldwide. The company manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. It markets its products primarily under the Hyster, Yale, and Nuvera brands to independent Hyster and Yale retail dealerships.

Hyster-Yale, Inc. Fundamentals Summary

How do Hyster-Yale's earnings and revenue compare to its market cap?
HY fundamental statistics
Market capUS$601.39m
Earnings (TTM)-US$116.90m
Revenue (TTM)US$3.51b
0.2x
P/S Ratio
-5.1x
P/E Ratio

Is HY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HY income statement (TTM)
RevenueUS$3.51b
Cost of RevenueUS$3.01b
Gross ProfitUS$504.30m
Other ExpensesUS$621.20m
Earnings-US$116.90m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-6.52
Gross Margin14.37%
Net Profit Margin-3.33%
Debt/Equity Ratio117.1%

How did HY perform over the long term?

See historical performance and comparison

Dividends

4.4%
Current Dividend Yield
-22%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/20 00:47
End of Day Share Price 2026/09/18 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hyster-Yale, Inc. is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mircea DobreBaird
Sebastian KuenneBerenberg
Edward JacksonNorthland Capital Markets

Make Better Investing Decisions Anywhere

Scan to download
Open AppStoreOpen Google Play
Chrome Web Store
Level 5, 320 Pitt Street, Sydney
Financial Data provided by S&P Global Market Intelligence LLC, analysis provided by Simply Wall Street Pty Ltd. Copyright © 2026, S&P Global Market Intelligence LLC. All rights reserved.
View Data Sources
Markets
  • US: NYSE & NASDAQ
  • UK: FTSE
  • Australia: ASX
  • India: NIFTY
  • Canada: TSX
  • South Africa: JSE
  • Japan: NIKKEI
  • South Korea: KOSPI
  • Germany: DAX
Investing Ideas
  • Undervalued Companies
  • Dividend Powerhouses
  • Insider Buying
  • Nuclear Energy
  • Autonomous Vehicles
  • Artificial Intelligence
  • Crypto and Blockchain
  • Cybersecurity
  • More ideas
Stock Communities
  • AstraZeneca
  • HSBC Holdings
  • Shell
  • Unilever
  • Diageo
  • Rio Tinto Group
  • RELX
  • BP
  • Barclays
Features & Tools
  • Portfolio Tracker
  • Stock Screener & Alerts
  • Narratives & Fair Values
  • Dividend Calculator
News & Discovery
  • Latest Stock News
  • Global Market Insights
  • The Foxhole
  • Investing Ideas
  • Community Narratives
  • What's New
Simply Wall St
  • Plans & Pricing
  • Advertising
  • About Us
  • Contact Us
  • Careers
  • Help Center
  • Learn Stock Investing
  • Affiliate Program
  • Business & Enterprise
  • Charlie AI
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.
© 2026 Simply Wall Street Pty Ltd, US Design Patent #29/544/281, Community and European Design Registration #2845206
  • Terms and Conditions
  • Privacy Policy
  • AI Terms
  • Financial Services Guide