Hyster Yale Inc [HY] stock is trading at $35.03, up 1.83%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The HY shares have gain 22.23% over the last week, with a monthly amount glided 1.36%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Hyster Yale Inc [NYSE: HY] stock has seen the most recent analyst activity on June 05, 2024, when Northland Capital upgraded its rating to an Outperform but kept the price target unchanged to $90 for it. Previously, ROTH MKM started tracking the stock with Buy rating on December 05, 2023, and set its price target to $85. On November 15, 2023, Northland Capital initiated with an Outperform rating and assigned a price target of $80 on the stock. Sidoti upgraded its rating to a Buy but stick to its price target of $36 on October 12, 2022. Sidoti downgraded its rating to a Neutral. Sidoti upgraded its rating to Buy for this stock on June 03, 2019. In a note dated January 23, 2018, Seaport Global Securities upgraded a Neutral rating on this stock.
Hyster Yale Inc [HY] stock has fluctuated between $26.41 and $58.72 over the past year. Currently, Wall Street analysts expect the stock to reach $40 within the next 12 months. Hyster Yale Inc [NYSE: HY] shares were valued at $35.03 at the most recent close of the market. An investor can expect a potential return of 14.19% based on the average HY price forecast.
Analyzing the HY fundamentals
Hyster Yale Inc [NYSE:HY] reported sales of 3.91B for the trailing twelve months, which represents a drop of -3.64%. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.73.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 32.77 points at the first support level, and at 30.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.04, and for the 2nd resistance point, it is at 41.04.
Ratios To Look Out For
For context, Hyster Yale Inc’s Current Ratio is 1.39. Further, the Quick Ratio stands at 0.68, while the Cash Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 0.16, the price to book ratio is 1.16 and price to earnings (TTM) ratio is 237.81.
