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Hyster-Yale, Inc.NYSE:HY Stock Report

Market Cap US$607.0m
Share Price
US$33.88
US$47
27.9% undervalued intrinsic discount
1Y-18.3%
7D9.3%
1D
Portfolio Value
View

Hyster-Yale, Inc.

NYSE:HY Stock Report

Market Cap: US$607.0m

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

HY Community Fair Values

Create Narrative

See what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.

Hyster-Yale, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hyster-Yale
Historical stock prices
Current Share PriceUS$33.88
52 Week HighUS$44.55
52 Week LowUS$26.41
Beta1.66
1 Month Change-15.81%
3 Month Change-11.26%
1 Year Change-18.34%
3 Year Change-29.17%
5 Year Change-56.33%
Change since IPO-20.71%

Recent News & Updates

Seeking Alpha May 20

Hyster-Yale: Stabilizing Bookings, But Recovery Risks Remain Elevated

Summary Hyster-Yale, Inc. (HY) reported a challenging Q1'26, with revenue down 13%, negative EBITDA, and a $26 million operating loss driven by tariffs and an unfavorable product mix. I rate Hyster shares a Hold due to looming Q2 trough, significant tariff uncertainty, and high leverage requiring a timely recovery for normalization. Bookings and backlog show early signs of stabilization, but translating this into higher shipments and profitability in H2 remains uncertain. Valuation appears cheap on normalized earnings, but downside risk persists if recovery or tariff relief falters before leverage is reduced. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha May 20

Hyster-Yale: Stabilizing Bookings, But Recovery Risks Remain Elevated

Summary Hyster-Yale, Inc. (HY) reported a challenging Q1'26, with revenue down 13%, negative EBITDA, and a $26 million operating loss driven by tariffs and an unfavorable product mix. I rate Hyster shares a Hold due to looming Q2 trough, significant tariff uncertainty, and high leverage requiring a timely recovery for normalization. Bookings and backlog show early signs of stabilization, but translating this into higher shipments and profitability in H2 remains uncertain. Valuation appears cheap on normalized earnings, but downside risk persists if recovery or tariff relief falters before leverage is reduced. Read the full article on Seeking Alpha
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).
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).
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.
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.
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.
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.
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.
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...
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.
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...
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...
Analysis Article Jul 31

Hyster-Yale (NYSE:HY) Is Investing Its Capital With Increasing Efficiency

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Jul 16

Is Hyster-Yale, Inc. (NYSE:HY) Trading At A 27% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Hyster-Yale fair value estimate is US$96.87 Hyster-Yale's...
Analysis Article Jun 26

Should You Think About Buying Hyster-Yale, Inc. (NYSE:HY) Now?

Hyster-Yale, Inc. ( NYSE:HY ), is not the largest company out there, but it received a lot of attention from a...

Shareholder Returns

HYUS MachineryUS Market
7D9.3%0.2%1.2%
1Y-18.3%41.3%28.7%

Return vs Industry: HY underperformed the US Machinery industry which returned 41.3% over the past year.

Return vs Market: HY underperformed the US Market which returned 28.7% over the past year.

Price Volatility

Is HY's price volatile compared to industry and market?
HY volatility
HY Average Weekly Movement7.9%
Machinery Industry Average Movement6.7%
Market Average Movement7.2%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.1%

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$606.99m
Earnings (TTM)-US$99.20m
Revenue (TTM)US$3.65b
0.2x
P/S Ratio
-6.1x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HY income statement (TTM)
RevenueUS$3.65b
Cost of RevenueUS$3.07b
Gross ProfitUS$579.90m
Other ExpensesUS$679.10m
Earnings-US$99.20m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-5.54
Gross Margin15.87%
Net Profit Margin-2.71%
Debt/Equity Ratio112.1%

How did HY perform over the long term?

See historical performance and comparison

Dividends

4.3%
Current Dividend Yield
-26%
Payout Ratio

Does HY pay a reliable dividends?

See HY dividend history and benchmarks
When do you need to buy HY by to receive an upcoming dividend?
Hyster-Yale dividend dates
Ex Dividend DateJun 01 2026
Dividend Pay DateJun 16 2026
Days until Ex dividend5 days
Days until Dividend pay date20 days

Does HY pay a reliable dividends?

See HY dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/26 10:25
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
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
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 world class team 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