Hyster-Yale Materials Handling Inc (HY) Set to Announce Quarterly Earnings on Friday
Hyster-Yale Materials Handling Inc (NYSE:HY) is set to issue its quarterly earnings data on Friday, November 3rd. Analysts expect the company to announce earnings of $0.66 per share for the quarter.
Hyster-Yale Materials Handling Inc (NYSE:HY) opened at 80.47 on Friday. Hyster-Yale Materials Handling Inc has a 1-year low of $49.84 and a 1-year high of $82.76. The firm has a 50-day moving average price of $76.16 and a 200 day moving average price of $71.08. The firm has a market cap of $1.32 billion, a price-to-earnings ratio of 22.48 and a beta of 1.06.
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In other news, insider Frank F. Taplin sold 1,464 shares of the business’s stock in a transaction dated Friday, August 25th. The stock was sold at an average price of $68.25, for a total value of $99,918.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Susan Sichel sold 1,250 shares of the business’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $64.46, for a total value of $80,575.00. Following the completion of the transaction, the insider now directly owns 16,850 shares in the company, valued at $1,086,151. The disclosure for this sale can be found here. 26.34% of the stock is currently owned by insiders.
Several research analysts have commented on the company. Zacks Investment Research downgraded Hyster-Yale Materials Handling from a “hold” rating to a “sell” rating in a report on Thursday, October 19th. ValuEngine downgraded Hyster-Yale Materials Handling from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Sidoti raised Hyster-Yale Materials Handling from a “neutral” rating to a “buy” rating in a report on Tuesday, August 8th. Finally, BidaskClub downgraded Hyster-Yale Materials Handling from a “hold” rating to a “sell” rating in a report on Saturday, July 8th. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $74.00.
Hyster-Yale Materials Handling Company Profile
Hyster-Yale Materials Handling, Inc is a lift truck manufacturer. The Company designs, engineers, manufactures, sells and services a line of lift trucks, attachments and aftermarket parts marketed globally under the Hyster and Yale brand names, mainly to independent Hyster and Yale retail dealerships.
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