Hyster-Yale Materials Handling (HY) Stock Forecast, Price Target & Predictions
HY Stock Forecast
Hyster-Yale Materials Handling stock forecast is as follows: an average price target of $90.00 (represents a 47.83% upside from HY’s last price of $60.88) 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 47.83% upside from HY's last price of $60.88.
HY Analyst Ratings
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% | 47.83% |
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 47.83% increase from HY last price ($60.88).
Hyster-Yale Materials Handling Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $90.00 |
| Last Closing Price | $60.88 | $60.88 | $60.88 |
| Upside/Downside | -100.00% | -100.00% | 47.83% |
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 $60.88. 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 | Jul 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 | - | $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 | $1.09B | $1.02B | $1.13B | $1.07B | $1.09B | $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 | $1.22B | $1.16B | $1.14B | $1.15B | $1.12B | $1.08B | $1.10B | $1.03B | $1.15B | $1.08B | $1.10B | $1.07B | $1.09B | $1.04B | $1.03B | $935.15M | $976.24M | $951.82M | $902.26M | $843.32M | $816.67M | $843.81M | $808.91M | $738.68M | $813.38M | $795.79M | $741.97M | $657.91M | $742.80M | $864.83M |
| Low Forecast | $1.19B | $1.13B | $1.12B | $1.12B | $1.09B | $1.06B | $1.08B | $1.01B | $1.12B | $1.06B | $1.07B | $1.04B | $1.07B | $1.02B | $1.01B | $915.05M | $955.25M | $931.37M | $882.86M | $825.19M | $816.67M | $796.33M | $763.39M | $697.12M | $767.62M | $751.01M | $700.23M | $620.89M | $701.00M | $816.17M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | - | - | - | - | - | - | - | - | 11 | 12 | 16 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 1.13% | 1.06% | 1.10% | 1.01% | - | 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 | Jul 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 | 2 | 1 | 1 | 2 | 1 | 1 | - | - | - | - | - | - | - | - | 11 | 12 | 16 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $58.60M | $58.80M | $46.10M | $33.00M | $-13.80M | - | $-5.10M | $-79.20M | $-41.20M | $14.90M | $22.50M | $28.40M | $19.90M | $15.00M | $34.10M |
| Avg Forecast | $22.05M | $20.88M | $20.62M | $20.73M | $20.14M | $19.58M | $19.85M | $18.66M | $20.71M | $19.60M | $19.84M | $19.29M | $19.73M | $-9.34M | $18.66M | $16.89M | $17.63M | $-8.49M | $16.30M | $47.62M | $14.91M | $-7.72M | $-292.38M | $13.11M | $14.43M | $28.98M | $15.62M | $11.67M | $197.10M | $248.93M |
| High Forecast | $22.29M | $21.10M | $20.85M | $20.95M | $20.36M | $19.79M | $20.06M | $18.86M | $20.94M | $19.81M | $20.05M | $19.47M | $19.94M | $-7.47M | $18.85M | $17.07M | $17.82M | $-6.79M | $16.47M | $57.14M | $14.91M | $-6.18M | $-233.91M | $13.49M | $14.85M | $34.77M | $18.74M | $12.01M | $236.52M | $298.72M |
| Low Forecast | $21.81M | $20.65M | $20.40M | $20.50M | $19.92M | $19.37M | $19.63M | $18.46M | $20.49M | $19.38M | $19.62M | $18.92M | $19.51M | $-11.21M | $18.48M | $16.71M | $17.44M | $-10.19M | $16.12M | $38.10M | $14.91M | $-9.26M | $-350.86M | $12.73M | $14.02M | $23.18M | $12.50M | $11.34M | $157.68M | $199.14M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.47% | 3.33% | -5.43% | 2.03% | -0.29% | - | 0.66% | 0.27% | -3.14% | 1.03% | 0.78% | 1.82% | 1.70% | 0.08% | 0.14% |
2 analysts predict HY's average Quarter EBITDA for Dec 23 to be $18.66M, with a high of $18.85M and a low of $18.48M. This is -68.15% 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 | Jul 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 | 2 | 1 | 1 | 2 | 1 | 1 | - | - | - | - | - | - | - | - | 11 | 12 | 16 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $35.80M | $38.30M | $26.60M | $7.60M | $-36.60M | - | $-24.20M | $-114.80M | $-77.20M | $1.90M | $5.60M | $13.10M | $5.10M | $3.60M | $15.30M |
| Avg Forecast | $29.31M | $35.67M | $43.79M | $43.79M | $39.20M | $35.67M | $21.54M | $27.19M | $38.41M | $34.88M | $21.46M | $34.79M | $40.26M | $-39.58M | $30.55M | $12.71M | $12.01M | $-35.98M | $-3.97M | $18.30M | $-32.63M | $-32.71M | $-333.00M | $-7.55M | $7.03M | $7.21M | $7.21M | $-3.16M | $47.30M | $111.69M |
| High Forecast | $29.73M | $36.18M | $44.41M | $44.41M | $39.76M | $36.18M | $21.85M | $27.58M | $38.95M | $35.37M | $21.76M | $36.02M | $40.83M | $-31.67M | $30.98M | $12.89M | $12.18M | $-28.79M | $-3.92M | $21.96M | $-32.63M | $-26.17M | $-266.40M | $-7.27M | $7.29M | $8.65M | $8.65M | $-3.04M | $56.76M | $134.03M |
| Low Forecast | $28.90M | $35.17M | $43.18M | $43.18M | $38.65M | $35.17M | $21.24M | $26.81M | $37.87M | $34.38M | $21.15M | $33.55M | $39.69M | $-47.50M | $30.12M | $12.54M | $11.84M | $-43.18M | $-4.03M | $14.64M | $-32.63M | $-39.25M | $-399.60M | $-7.84M | $6.76M | $5.77M | $5.76M | $-3.28M | $37.84M | $89.35M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.82% | 3.19% | -0.74% | -1.91% | -2.00% | - | 0.74% | 0.34% | 10.22% | 0.27% | 0.78% | 1.82% | -1.61% | 0.08% | 0.14% |
Hyster-Yale Materials Handling's average Quarter net income forecast for Dec 23 is $30.55M, with a range of $30.12M to $30.98M. HY's average Quarter net income forecast represents a -14.66% 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 | Jul 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 | 2 | 1 | 1 | 2 | 1 | 1 | - | - | - | - | - | - | - | - | 11 | 12 | 16 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $145.00M | $139.10M | $131.80M | $126.90M | $111.80M | - | $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 | $149.19M | $140.25M | $155.69M | $147.29M | $149.10M | $144.97M | $148.27M | $189.20M | $140.27M | $126.96M | $132.53M | $172.00M | $122.49M | $165.16M | $112.07M | $156.36M | $370.40M | $98.52M | $108.48M | $148.50M | $59.40M | $87.75M | $99.07M | $115.35M |
| High Forecast | $167.57M | $158.63M | $156.70M | $157.48M | $153.03M | $148.78M | $150.82M | $141.77M | $157.38M | $148.89M | $150.73M | $146.33M | $149.89M | $227.04M | $141.65M | $128.33M | $133.97M | $206.40M | $123.82M | $198.20M | $112.07M | $187.64M | $444.47M | $101.37M | $111.62M | $178.20M | $71.28M | $90.29M | $101.94M | $118.68M |
| Low Forecast | $163.97M | $155.22M | $153.34M | $154.10M | $149.74M | $145.59M | $147.57M | $138.72M | $154.00M | $145.69M | $147.49M | $142.23M | $146.66M | $151.36M | $138.90M | $125.58M | $131.09M | $137.60M | $121.16M | $132.13M | $112.07M | $125.09M | $296.32M | $95.67M | $105.34M | $118.80M | $47.52M | $85.21M | $96.20M | $112.01M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 1.05% | 0.77% | 1.04% | 0.68% | - | 0.76% | 0.28% | 1.21% | 1.02% | 0.78% | 1.82% | 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 | Jul 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 | 2 | 1 | 1 | 2 | 1 | 1 | - | - | - | - | - | - | - | - | 11 | 12 | 16 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.08 | $2.23 | $1.56 | $0.45 | $-2.16 | - | $-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 | $1.22 | $1.54 | $2.17 | $1.98 | $1.22 | $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 | $1.68 | $2.05 | $2.52 | $2.52 | $2.25 | $2.05 | $1.24 | $1.56 | $2.21 | $2.00 | $1.23 | $2.04 | $2.31 | $2.17 | $1.75 | $0.73 | $0.69 | $0.38 | $-0.22 | $-2.05 | $-1.85 | $-2.61 | $-1.06 | $-0.41 | $0.42 | $0.60 | $0.54 | $-0.17 | $-0.02 | $0.09 |
| Low Forecast | $1.64 | $1.99 | $2.44 | $2.44 | $2.19 | $1.99 | $1.20 | $1.52 | $2.14 | $1.95 | $1.20 | $1.90 | $2.25 | $2.11 | $1.71 | $0.71 | $0.67 | $0.37 | $-0.23 | $-2.11 | $-1.85 | $-2.82 | $-1.14 | $-0.45 | $0.38 | $0.56 | $0.50 | $-0.19 | $-0.02 | $0.09 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.89% | 3.28% | 4.16% | -2.00% | 1.04% | - | 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 $1.71 and a high estimate of $1.75. 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 | $12.83 | $35.00 | 172.80% | Strong Buy |
| CMCO | Columbus McKinnon | $31.76 | $49.00 | 54.28% | - |
| AGCO | AGCO | $92.71 | $139.00 | 49.93% | Buy |
| HY | Hyster-Yale Materials Handling | $60.88 | $90.00 | 47.83% | Buy |
| ALG | Alamo Group | $178.90 | $215.00 | 20.18% | Buy |
| ASTE | Astec Industries | $32.00 | $36.00 | 12.50% | Hold |
| LNN | Lindsay | $123.36 | $138.50 | 12.27% | Buy |
| OSK | Oshkosh | $104.09 | $111.40 | 7.02% | Buy |
| TEX | Terex | $55.49 | $54.90 | -1.06% | Hold |
| REVG | REV Group | $28.57 | $19.60 | -31.40% | Buy |
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 47.83% from its last price of $60.88. 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 47.83% (from the last price of $60.88 to the average price target of $90), up by 47.83% based on the highest stock price target, and up by 47.83% based on the lowest stock price target.
Can Hyster-Yale Materials Handling stock reach $90?
HY's average twelve months analyst stock price target of $90 does not support the claim that Hyster-Yale Materials Handling can reach $90 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 $4.32B (high $4.36B, low $4.27B), average EBITDA is $78.82M (high $79.67M, low $77.96M), average net income is $122.02M (high $123.75M, low $120.3M), average SG&A $592.43M (high $598.86M, low $585.99M), and average EPS is $6.91 (high $7.01, low $6.81). HY's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $4.44B (high $4.49B, low $4.39B), average EBITDA is $81.07M (high $81.95M, low $80.19M), average net income is $162.46M (high $164.76M, low $160.17M), average SG&A $609.37M (high $616M, low $602.76M), and average EPS is $9.2 (high $9.33, low $9.07).
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 $44.69M by 366.97%. The company's net income was $125.9M, beating the average estimation of $19.29M by 552.69%. 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 $16.89M by 246.94%. Hyster-Yale Materials Handling's net income was $35.8M, beating the average estimation of $12.71M by 181.57%. 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%