Q3 EPS Estimates for Hyster-Yale Cut by Northland Securities

by · The Markets Daily

Hyster-Yale, Inc. (NYSE:HY – Free Report) – Research analysts at Northland Securities decreased their Q3 2026 earnings per share (EPS) estimates for shares of Hyster-Yale in a report issued on Thursday, August 6th. Northland Securities analyst T. Jackson now expects that the industrial products company will post earnings of ($1.11) per share for the quarter, down from their previous estimate of $0.09. The consensus estimate for Hyster-Yale’s current full-year earnings is ($3.66) per share. Northland Securities also issued estimates for Hyster-Yale’s Q4 2026 earnings at $0.18 EPS, FY2026 earnings at ($4.40) EPS, Q1 2027 earnings at $0.29 EPS, Q2 2027 earnings at $0.83 EPS, Q3 2027 earnings at $0.24 EPS, FY2027 earnings at $2.45 EPS, FY2028 earnings at $3.31 EPS, FY2029 earnings at $3.82 EPS and FY2030 earnings at $4.53 EPS.

A number of other research analysts also recently weighed in on the company. Zacks Research raised Hyster-Yale from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. Roth Capital reiterated a “buy” rating and set a $45.00 price target on shares of Hyster-Yale in a report on Thursday. Wall Street Zen lowered shares of Hyster-Yale from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Hyster-Yale in a report on Monday, August 3rd. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $47.50.

Get Our Latest Report on HY

Hyster-Yale Price Performance

Shares of NYSE:HY opened at $35.35 on Monday. The stock has a market capitalization of $633.47 million, a P/E ratio of -5.39 and a beta of 1.62. The business has a 50-day moving average of $34.74 and a two-hundred day moving average of $35.17. Hyster-Yale has a fifty-two week low of $26.41 and a fifty-two week high of $41.30. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.28 and a quick ratio of 0.65.

Hyster-Yale (NYSE:HY – Get Free Report) last posted its earnings results on Tuesday, August 4th. The industrial products company reported ($1.64) EPS for the quarter, topping the consensus estimate of ($2.20) by $0.56. Hyster-Yale had a negative net margin of 3.33% and a negative return on equity of 21.03%. The firm had revenue of $812.90 million for the quarter, compared to the consensus estimate of $804.62 million.

Institutional Investors Weigh In On Hyster-Yale

A number of institutional investors have recently added to or reduced their stakes in HY. Amundi raised its holdings in Hyster-Yale by 10.1% in the 1st quarter. Amundi now owns 4,844 shares of the industrial products company’s stock valued at $201,000 after acquiring an additional 444 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Hyster-Yale by 110.6% in the first quarter. AQR Capital Management LLC now owns 79,582 shares of the industrial products company’s stock valued at $3,306,000 after purchasing an additional 41,795 shares in the last quarter. Millennium Management LLC lifted its position in Hyster-Yale by 20.5% in the first quarter. Millennium Management LLC now owns 119,560 shares of the industrial products company’s stock worth $4,967,000 after purchasing an additional 20,305 shares during the period. Empowered Funds LLC increased its holdings in Hyster-Yale by 99.6% in the 1st quarter. Empowered Funds LLC now owns 48,701 shares of the industrial products company’s stock valued at $2,023,000 after buying an additional 24,302 shares during the period. Finally, Jane Street Group LLC raised its stake in shares of Hyster-Yale by 19.8% in the 1st quarter. Jane Street Group LLC now owns 35,034 shares of the industrial products company’s stock valued at $1,455,000 after buying an additional 5,802 shares in the last quarter. 46.47% of the stock is owned by institutional investors and hedge funds.

About Hyster-Yale

(Get Free Report)

Hyster-Yale Materials Handling, Inc is a global manufacturer and distributor of a wide range of industrial lift trucks, container handlers and aftermarket parts and services. Operating under the Hyster and Yale brand names, the company designs, engineers and assembles counterbalanced lift trucks, narrow-aisle trucks and specialty vehicles for clients in distribution, manufacturing, retail and warehousing.

The company’s product portfolio includes electric, diesel and LPG-powered forklifts, as well as reach stackers, empty container handlers and terminal tractors.

Read More