HYSTER-YALE MATERIALS HANDLING Stock Rises 14%, Still 62% Lower Than Five Year Average
January 10, 2023
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HYSTER-YALE MATERIALS HANDLING ($NYSE:HY) is a leading global provider of advanced material handling solutions, primarily for the lift truck and aftermarket industries. The company designs, manufactures, sells, and services a comprehensive line of lift trucks and aftermarket parts marketed globally under the Hyster, Yale and Sumitomo brands. In the last week, HYSTER-YALE MATERIALS HANDLING stock has seen an impressive increase of 14%, however, the stock still remains 62% lower than its five-year average. Demand for the company’s products and services have decreased significantly due to the global economic downturn as well as the closure of many businesses worldwide. Despite the current market challenges, HYSTER-YALE MATERIALS HANDLING has sought to maintain a strong presence in the market by expanding its product offerings and services. The company has increased its focus on digital services such as remote diagnostics, predictive maintenance, and telematics.
In addition, it has invested in R&D activities to continually improve its products and services for customers. Furthermore, HYSTER-YALE MATERIALS HANDLING has taken advantage of the current market conditions by expanding its presence in key markets such as China and India. The company has opened new branches across these countries to meet the rising demand for its products and services in these regions. Overall, despite the current challenges, HYSTER-YALE MATERIALS HANDLING continues to remain competitive in the market. The 14% rise in stock value is a sign that investors are regaining confidence in the company’s future prospects despite the still low five year average stock value. The company is continuing to invest in innovation to ensure its long-term success.
Price History
On Monday, HYSTER-YALE MATERIALS HANDLING stock opened at $29.3 and closed at $29.6, up by 2.1% from last closing price of 29.0. This increase brought the stock to 14% higher than it was a week ago, but it is still 62% lower than its five year average. In a sign of confidence for HYSTER-YALE MATERIALS HANDLING stock, the company recently announced that it was expanding its product portfolio. This expansion includes the introduction of new forklifts and automated guided vehicles (AGV) that can help companies manage their material handling needs.
The company also recently announced plans to invest more in research and development, which could potentially lead to the development of new and innovative products that could help businesses increase their efficiency and profitability. Overall, HYSTER-YALE MATERIALS HANDLING stock is still well below its five year average, but the recent increase in price shows that investors are beginning to have more confidence in the company’s future prospects. With continued investments in research and development and an expanded product portfolio, HYSTER-YALE MATERIALS HANDLING could soon be on track to reach its five year average again. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for HY. More…
| Total Revenues | Net Income | Net Margin |
| 3.39k | -185 | -4.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for HY. More…
| Operations | Investing | Financing |
| -27.4 | -41.6 | 77 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for HY. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.93k | 1.81k | 6.73 |
Key Ratios Snapshot
Some of the financial key ratios for HY are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.0% | -12.3% | -4.7% |
| FCF Margin | ROE | ROA |
| -1.8% | -63.3% | -5.1% |
VI Analysis
Investing in companies can be a tricky business. Knowing the fundamentals of a company and its long-term potential is vital in order to make an informed decision. However, doing the necessary research and analysis can be time-consuming. This is why the VI app provides users with the ability to quickly assess the financial and business aspects of HYSTER-YALE MATERIALS HANDLING (HYM) in a few clicks. The VI Risk Rating for HYM is medium, which indicates that it is a reasonable investment option. The app also detects potential risks and warns users of any potential issues that may arise. For HYM, the app has detected one risk warning in their income sheet, which can be accessed by signing up on the VI app. Overall, the VI app provides investors with a comprehensive analysis of HYM’s financials and business prospects in an easy-to-digest format. This makes it easier for investors to make informed decisions about whether or not to invest in the company. More…
VI Peers
It is competing with other leading companies in the sector such as PACCAR Inc, Qingling Motors Co Ltd and Tadano Ltd. All of these companies are renowned for their innovative products and cutting-edge technologies that help businesses to improve their efficiency and productivity.
– PACCAR Inc ($NASDAQ:PCAR)
PACCAR Inc is a Fortune 500 company that designs, manufactures, and distributes light, medium, and heavy-duty trucks under the Kenworth, Peterbilt, and DAF nameplates. With a market capitalization of 34.7 billion dollars as of 2023, the company has demonstrated significant growth in recent years. Moreover, its Return on Equity (ROE) of 19.26% is one of the highest in its sector, indicating that the company is highly profitable and efficiently utilizing its equity to generate returns.
– Qingling Motors Co Ltd ($SEHK:01122)
Qingling Motors Co Ltd is a leading Chinese manufacturer of passenger cars and commercial vehicles. The company has a market capitalization of 2.63 billion dollars as of 2023, which puts it among the top largest companies in the automotive industry. Qingling Motors Co Ltd also has a strong Return on Equity of 1.96%, which indicates that the company is able to generate good returns on its investment and is a good indicator of its financial health.
– Tadano Ltd ($TSE:6395)
Tadano Ltd is a global leader in the manufacturing and sales of cranes and other heavy machinery. It has a market capitalization of 115.49 billion as of 2023, indicating that it is a highly profitable and well-recognized company. Furthermore, its Return on Equity (ROE) of 3.31% reflects its strong financial performance and ability to generate returns on its investments. Tadano’s products are well-known for their quality, durability, and reliability, making them the preferred choice of customers in the industry. The company has established itself as a leader in the crane and heavy machinery market, and its strong financial performance is a testament to its success.
Summary
HYSTER-YALE MATERIALS HANDLING has seen a 14% stock rise, which brings it closer to its five year average of 62%. This could be seen as a sign of investor confidence in the company, as their stock is on the rise. It is worth noting that the company’s performance can vary greatly from the rest of the market, and it is important to do research and understand the company’s fundamentals before investing. That being said, HYSTER-YALE MATERIALS HANDLING has had a positive trend in its stock prices over time, and this could be a good time to invest, assuming that the investor is comfortable with all the risks and potential rewards associated with it.
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