Hyster-Yale Materials Handling (HY) Stock Forecast, Price Target & Predictions

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HY Stock Forecast

Hyster-Yale Materials Handling stock forecast is as follows: an average price target of $90.00 (represents a 78.11% upside from HY’s last price of $50.53) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.

HY Price Target

The average price target for Hyster-Yale Materials Handling (HY) is $90.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $90.00 to $90.00. This represents a potential 78.11% upside from HY's last price of $50.53.

HY Analyst Ratings

Buy

According to 2 Wall Street analysts, Hyster-Yale Materials Handling's rating consensus is 'Buy'. The analyst rating breakdown for HY stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Hyster-Yale Materials Handling Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Jun 05, 2024	Ted Jackson	Northland Securities	$90.00	$71.60	25.70%	78.11%

The latest Hyster-Yale Materials Handling stock forecast, released on Jun 05, 2024 by Ted Jackson from Northland Securities, set a price target of $90.00, which represents a 25.70% increase from the stock price at the time of the forecast ($71.60), and a 78.11% increase from HY last price ($50.53).

Hyster-Yale Materials Handling Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$90.00
Last Closing Price	$50.53	$50.53	$50.53
Upside/Downside	-100.00%	-100.00%	78.11%

In the current month, the average price target of Hyster-Yale Materials Handling stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Hyster-Yale Materials Handling's last price of $50.53. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Jun 07, 2024	Roth Capital	Buy	Buy	Hold
Feb 24, 2023	Citigroup	Neutral	Neutral	Hold

Hyster-Yale Materials Handling's last stock rating was published by Roth Capital on Jun 07, 2024. The company gave HY a "Buy" rating, the same as its previous rate.

Hyster-Yale Materials Handling Financial Forecast

Hyster-Yale Materials Handling Revenue Forecast

	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.00B	$1.09B	$999.30M	$985.20M	$840.10M	$895.40M	$827.60M	$829.70M	$748.20M	$765.60M	$732.20M	$719.60M	$652.40M	$654.40M	$785.70M
Avg Forecast	$1.21B	$1.14B	$1.13B	$1.14B	$1.10B	$1.07B	$1.02B	$963.05M	$1.08B	$1.02B	$1.02B	$1.06B	$1.08B	$1.03B	$1.02B	$925.10M	$965.74M	$941.59M	$892.55M	$834.25M	$816.67M	$820.07M	$786.15M	$717.90M	$790.50M	$773.40M	$721.10M	$639.40M	$721.90M	$840.50M
High Forecast	$1.23B	$1.16B	$1.15B	$1.15B	$1.12B	$1.09B	$1.03B	$978.44M	$1.09B	$1.04B	$1.03B	$1.06B	$1.10B	$1.03B	$1.03B	$939.88M	$981.17M	$956.63M	$906.82M	$834.25M	$816.67M	$820.07M	$786.15M	$717.90M	$790.50M	$773.40M	$721.10M	$639.40M	$721.90M	$840.50M
Low Forecast	$1.19B	$1.12B	$1.11B	$1.11B	$1.08B	$1.05B	$996.11M	$945.08M	$1.06B	$989.81M	$1.00B	$1.05B	$1.06B	$1.03B	$1.01B	$907.84M	$947.72M	$924.02M	$875.90M	$834.25M	$816.67M	$820.07M	$786.15M	$717.90M	$790.50M	$773.40M	$721.10M	$639.40M	$721.90M	$840.50M
# Analysts	1	1	1	1	1	1	1	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	3	3	3
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.08%	1.13%	1.06%	1.10%	1.01%	1.10%	1.01%	1.06%	1.04%	0.97%	0.95%	1.00%	1.02%	0.91%	0.93%

Hyster-Yale Materials Handling's average Quarter revenue forecast for Dec 23 based on 2 analysts is $1.02B, with a low forecast of $1.01B, and a high forecast of $1.03B. HY's average Quarter revenue forecast represents a 2.09% increase compared to the company's last Quarter revenue of $1.00B (Sep 23).

Hyster-Yale Materials Handling EBITDA Forecast

	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20
# Analysts	1	1	1	1	1	1	1	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	3	3	3
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$58.60M	$58.80M	$46.10M	$33.00M	$-13.80M	$-4.70M	$-5.10M	$-79.20M	$-41.20M	$14.90M	$22.50M	$28.40M	$19.90M	$15.00M	$34.10M
Avg Forecast	$24.06M	$22.77M	$22.50M	$22.61M	$21.97M	$21.36M	$20.22M	$19.18M	$21.46M	$20.27M	$20.36M	$21.04M	$21.52M	$-9.34M	$20.36M	$18.42M	$19.23M	$-8.49M	$-369.87M	$15.23M	$14.91M	$-7.72M	$14.35M	$13.11M	$14.43M	$28.98M	$13.17M	$11.67M	$13.18M	$248.93M
High Forecast	$24.44M	$23.14M	$22.86M	$22.97M	$22.32M	$21.70M	$20.54M	$19.49M	$21.80M	$20.67M	$20.56M	$21.17M	$21.86M	$-7.47M	$20.56M	$18.72M	$19.54M	$-6.79M	$-295.89M	$15.23M	$14.91M	$-6.18M	$14.35M	$13.11M	$14.43M	$34.77M	$13.17M	$11.67M	$13.18M	$298.72M
Low Forecast	$23.61M	$22.35M	$22.08M	$22.19M	$21.56M	$20.96M	$19.84M	$18.82M	$21.06M	$19.71M	$19.98M	$20.91M	$21.12M	$-11.21M	$20.16M	$18.08M	$18.87M	$-10.19M	$-443.84M	$15.23M	$14.91M	$-9.26M	$14.35M	$13.11M	$14.43M	$23.18M	$13.17M	$11.67M	$13.18M	$199.14M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.18%	3.06%	-5.43%	-0.09%	-0.91%	-0.32%	0.66%	-5.52%	-3.14%	1.03%	0.78%	2.16%	1.70%	1.14%	0.14%

2 analysts predict HY's average Quarter EBITDA for Dec 23 to be $20.36M, with a high of $20.56M and a low of $20.16M. This is -65.26% lower than Hyster-Yale Materials Handling's previous annual EBITDA (Sep 23) of $58.60M.

Hyster-Yale Materials Handling Net Income Forecast

	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20
# Analysts	1	1	1	1	1	1	1	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	3	3	3
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$35.80M	$38.30M	$26.60M	$7.60M	$-36.60M	$-18.70M	$-24.20M	$-114.80M	$-77.20M	$1.90M	$5.60M	$13.10M	$5.10M	$3.60M	$15.30M
Avg Forecast	$29.47M	$35.86M	$44.02M	$44.02M	$39.41M	$35.86M	$15.53M	$17.75M	$33.02M	$29.47M	$24.50M	$34.97M	$40.47M	$-39.58M	$30.71M	$12.78M	$12.07M	$-35.98M	$-421.25M	$-36.73M	$-32.76M	$-32.71M	$-19.42M	$-7.59M	$7.06M	$7.21M	$9.18M	$-3.18M	$-353.18K	$111.69M
High Forecast	$30.08M	$36.60M	$44.94M	$44.94M	$40.23M	$36.60M	$15.86M	$18.12M	$33.70M	$29.65M	$24.85M	$35.59M	$41.32M	$-31.67M	$31.35M	$13.05M	$12.32M	$-28.79M	$-337.00M	$-36.73M	$-32.76M	$-26.17M	$-19.42M	$-7.59M	$7.06M	$8.65M	$9.18M	$-3.18M	$-353.18K	$134.03M
Low Forecast	$28.75M	$34.99M	$42.96M	$42.96M	$38.45M	$34.99M	$15.16M	$17.32M	$32.22M	$29.29M	$24.14M	$34.35M	$39.49M	$-47.50M	$29.97M	$12.47M	$11.78M	$-43.18M	$-505.50M	$-36.73M	$-32.76M	$-39.25M	$-19.42M	$-7.59M	$7.06M	$5.77M	$9.18M	$-3.18M	$-353.18K	$89.35M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.80%	3.17%	-0.74%	-0.02%	1.00%	0.57%	0.74%	5.91%	10.17%	0.27%	0.78%	1.43%	-1.60%	-10.19%	0.14%

Hyster-Yale Materials Handling's average Quarter net income forecast for Dec 23 is $30.71M, with a range of $29.97M to $31.35M. HY's average Quarter net income forecast represents a -14.22% decrease compared to the company's last Quarter net income of $35.80M (Sep 23).

Hyster-Yale Materials Handling SG&A Forecast

	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20
# Analysts	1	1	1	1	1	1	1	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	3	3	3
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$145.00M	$139.10M	$131.80M	$126.90M	$111.80M	$114.80M	$119.50M	$104.90M	$119.40M	$110.50M	$115.30M	$108.00M	$96.10M	$94.90M	$116.50M
Avg Forecast	$165.77M	$156.93M	$155.02M	$155.79M	$151.38M	$147.18M	$139.30M	$132.16M	$147.86M	$139.70M	$140.29M	$144.96M	$148.27M	$189.20M	$140.27M	$126.96M	$132.53M	$172.00M	$468.55M	$114.49M	$112.07M	$156.36M	$107.89M	$98.52M	$108.48M	$148.50M	$98.96M	$87.75M	$99.07M	$115.35M
High Forecast	$168.41M	$159.43M	$157.50M	$158.28M	$153.80M	$149.54M	$141.53M	$134.27M	$150.22M	$142.44M	$141.66M	$145.86M	$150.64M	$227.04M	$141.65M	$128.98M	$134.65M	$206.40M	$562.26M	$114.49M	$112.07M	$187.64M	$107.89M	$98.52M	$108.48M	$178.20M	$98.96M	$87.75M	$99.07M	$115.35M
Low Forecast	$162.67M	$154.00M	$152.13M	$152.88M	$148.56M	$144.44M	$136.70M	$129.70M	$145.10M	$135.84M	$137.67M	$144.06M	$145.51M	$151.36M	$138.90M	$124.59M	$130.06M	$137.60M	$374.84M	$114.49M	$112.07M	$125.09M	$107.89M	$98.52M	$108.48M	$118.80M	$98.96M	$87.75M	$99.07M	$115.35M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.14%	1.05%	0.77%	0.27%	0.98%	1.02%	0.76%	0.97%	1.21%	1.02%	0.78%	1.09%	1.10%	0.96%	1.01%

Hyster-Yale Materials Handling's average Quarter SG&A projection for Dec 23 is $140.27M, based on 2 Wall Street analysts, with a range of $138.90M to $141.65M. The forecast indicates a -3.26% fall compared to HY last annual SG&A of $145.00M (Sep 23).

Hyster-Yale Materials Handling EPS Forecast

	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20
# Analysts	1	1	1	1	1	1	1	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	3	3	3
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.08	$2.23	$1.56	$0.45	$-2.16	$-1.11	$-1.44	$-6.82	$-4.59	$0.11	$0.33	$0.78	$0.30	$0.21	$0.91
Avg Forecast	$1.66	$2.02	$2.48	$2.48	$2.22	$2.02	$0.88	$1.00	$1.86	$1.66	$1.38	$1.97	$2.28	$2.14	$1.73	$0.72	$0.68	$0.38	$-0.23	$-2.08	$-1.85	$-2.71	$-1.10	$-0.43	$0.40	$0.58	$0.52	$-0.18	$-0.02	$0.09
High Forecast	$1.69	$2.06	$2.53	$2.53	$2.27	$2.06	$0.89	$1.02	$1.90	$1.67	$1.40	$2.00	$2.33	$2.18	$1.77	$0.73	$0.69	$0.38	$-0.22	$-2.08	$-1.85	$-2.71	$-1.10	$-0.43	$0.40	$0.58	$0.52	$-0.18	$-0.02	$0.09
Low Forecast	$1.62	$1.97	$2.42	$2.42	$2.17	$1.97	$0.85	$0.98	$1.81	$1.65	$1.36	$1.94	$2.22	$2.09	$1.69	$0.70	$0.66	$0.37	$-0.23	$-2.08	$-1.85	$-2.71	$-1.10	$-0.43	$0.40	$0.58	$0.52	$-0.18	$-0.02	$0.09
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.89%	3.28%	4.16%	-2.00%	1.04%	0.60%	0.53%	6.20%	10.67%	0.27%	0.57%	1.50%	-1.67%	-10.50%	10.11%

According to 2 Wall Street analysts, Hyster-Yale Materials Handling's projected average Quarter EPS for Dec 23 is $1.73, with a low estimate of $1.69 and a high estimate of $1.77. This represents a -16.83% decrease compared to HY previous annual EPS of $2.08 (Sep 23).

Hyster-Yale Materials Handling Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
SHYF	Shyft Group	$11.69	$35.00	199.40%	Strong Buy
HY	Hyster-Yale Materials Handling	$50.53	$90.00	78.11%	Buy
TEX	Terex	$45.18	$65.00	43.87%	Hold
CMCO	Columbus McKinnon	$37.28	$49.00	31.44%
REVG	REV Group	$31.51	$38.00	20.60%	Buy
OSK	Oshkosh	$94.70	$110.50	16.68%	Buy
AGCO	AGCO	$94.02	$107.67	14.52%	Hold
LNN	Lindsay	$122.47	$138.50	13.09%	Buy
ALG	Alamo Group	$187.49	$209.00	11.47%	Buy
ASTE	Astec Industries	$33.15	$36.00	8.60%	Hold

HY Forecast FAQ

Is Hyster-Yale Materials Handling a good buy?

Yes, according to 2 Wall Street analysts, Hyster-Yale Materials Handling (HY) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of HY's total ratings.

What is HY's price target?

Hyster-Yale Materials Handling (HY) average price target is $90 with a range of $90 to $90, implying a 78.11% from its last price of $50.53. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Hyster-Yale Materials Handling stock go up soon?

According to Wall Street analysts' prediction for HY stock, the company can go up by 78.11% (from the last price of $50.53 to the average price target of $90), up by 78.11% based on the highest stock price target, and up by 78.11% based on the lowest stock price target.

Can Hyster-Yale Materials Handling stock reach $80?

HY's average twelve months analyst stock price target of $90 supports the claim that Hyster-Yale Materials Handling can reach $80 in the near future.

What are Hyster-Yale Materials Handling's analysts' financial forecasts?

Hyster-Yale Materials Handling's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $4.07B (high $4.14B, low $3.99B), average EBITDA is $81.13M (high $82.5M, low $79.43M), average net income is $95.77M (high $97.33M, low $93.99M), average SG&A $559.02M (high $568.46M, low $547.33M), and average EPS is $5.4 (high $5.48, low $5.29). HY's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $4.44B (high $4.51B, low $4.36B), average EBITDA is $88.43M (high $89.85M, low $86.78M), average net income is $163.32M (high $166.71M, low $159.36M), average SG&A $609.37M (high $619.11M, low $598M), and average EPS is $9.2 (high $9.39, low $8.98).

Did the HY's actual financial results beat the analysts' financial forecasts?

Based on Hyster-Yale Materials Handling's last annual report (Dec 2023), the company's revenue was $4.12B, beating the average analysts forecast of $3.85B by 6.84%. Apple's EBITDA was $208.7M, beating the average prediction of $49.52M by 321.42%. The company's net income was $125.9M, beating the average estimation of $19.58M by 542.99%. Apple's SG&A was $576.9M, beating the average forecast of $571.76M by 0.90%. Lastly, the company's EPS was $7.35, beating the average prediction of $3.51 by 109.70%. In terms of the last quarterly report (Sep 2023), Hyster-Yale Materials Handling's revenue was $1B, beating the average analysts' forecast of $925.1M by 8.23%. The company's EBITDA was $58.6M, beating the average prediction of $18.42M by 218.06%. Hyster-Yale Materials Handling's net income was $35.8M, beating the average estimation of $12.78M by 180.09%. The company's SG&A was $145M, beating the average forecast of $126.96M by 14.21%. Lastly, the company's EPS was $2.08, beating the average prediction of $0.72 by 188.89%