Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Hyster-Yale Materials Handling (HY) stocks in Canada

Learn how to easily invest in Hyster-Yale Materials Handling stocks.

Hyster-Yale Materials Handling is a farm & heavy construction machinery business based in the US. Hyster-Yale Materials Handling stocks (HY.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $73.02 – an increase of 0.29% over the previous week. Hyster-Yale Materials Handling employs 7,600 staff and has a trailing 12-month revenue of around $3 billion.

How to buy shares in Hyster-Yale Materials Handling

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – HY – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Hyster-Yale Materials Handling stock price (NYSE:HY)

Use our graph to track the performance of HY stocks over time.

Hyster-Yale Materials Handling shares at a glance

Information last updated 2022-01-26.
Latest market close$41.01
52-week range$35.30 - $99.98
50-day moving average $41.35
200-day moving average $58.97
Wall St. target price$63.50
PE ratio 17.1977
Dividend yield $1.28 (3.1%)
Earnings per share (TTM) $-3.37

Compare online stock trading platforms

Note: The dollar amounts in the table below are in Canadian dollars.

Name Product Finder Rating Stock Trading Fee Account Fee Available Asset Types Offer
Wealthsimple Trade
Finder Rating:
3.9 / 5
Stocks, ETFs
Get 2 free stocks when you deposit and trade $150.
Scotia iTRADE
Finder Rating:
3.8 / 5
$4.99 - $9.99
Bonds, Options, Mutual Funds, ETFs, GICs, International Equities
Interactive Brokers
Finder Rating:
4.1 / 5
Min. $1.00, Max. 0.5%
Stocks, Bonds, Options, ETFs, Currencies, Futures
CIBC Investor's Edge
Finder Rating:
4 / 5
$4.95 - $6.95
$0 if conditions met, otherwise $100/year
Stocks, Bonds, Options, Mutual Funds, ETFs
Get up to $2,000 cash back. Conditions apply. Offer ends March 1, 2022.
Finder Rating:
4.2 / 5
$4.95 - $9.95
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, International Equities, Precious Metals
Get $50 in free trades when you fund your account with a minimum of $1,000.
Qtrade Direct Investing
Finder Rating:
4.1 / 5
$6.95 - $8.75
$0 if conditions met, otherwise $25/quarter
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
Get up to $5,000 cash back. Conditions apply. Offer ends March 1, 2022.

Compare up to 4 providers

Online stock trading

Is it a good time to buy Hyster-Yale Materials Handling stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Hyster-Yale Materials Handling price performance over time

Historical closes compared with the close of $41.01 from 2022-01-27

1 week (2022-01-21) 0.29%
1 month (2021-12-29) 2.63%
3 months (2021-10-29) -14.63%
6 months (2021-07-29) -43.10%
1 year (2021-01-29) -54.29%
2 years (2020-01-28) -27.53%
3 years (2019-01-28) 66.95
5 years (2017-01-27) 63.48

Is Hyster-Yale Materials Handling under- or over-valued?

Valuing Hyster-Yale Materials Handling stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Hyster-Yale Materials Handling's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Hyster-Yale Materials Handling's P/E ratio

Hyster-Yale Materials Handling's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, Hyster-Yale Materials Handling shares trade at around 17x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Hyster-Yale Materials Handling's PEG ratio

Hyster-Yale Materials Handling's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.61. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Hyster-Yale Materials Handling's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Hyster-Yale Materials Handling's EBITDA

Hyster-Yale Materials Handling's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $16.2 million.

The EBITDA is a measure of a Hyster-Yale Materials Handling's overall financial performance and is widely used to measure a its profitability.

Hyster-Yale Materials Handling financials

Revenue TTM $3 billion
Gross profit TTM $465.4 million
Return on assets TTM -0.99%
Return on equity TTM -1082.74%
Profit margin -1.91%
Book value $28.30
Market capitalisation $708.2 million

TTM: trailing 12 months

Hyster-Yale Materials Handling share dividends

We're not expecting Hyster-Yale Materials Handling to pay a dividend over the next 12 months.

Hyster-Yale Materials Handling share price volatility

Over the last 12 months, Hyster-Yale Materials Handling's shares have ranged in value from as little as $35.3 up to $99.9752. A popular way to gauge a stock's volatility is its "beta".

HY.US volatility(beta: 1.12)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Hyster-Yale Materials Handling's is 1.1151. This would suggest that Hyster-Yale Materials Handling's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Hyster-Yale Materials Handling overview

Hyster-Yale Materials Handling, Inc. , through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. It manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. The company markets its products primarily under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships. It also sells aftermarket parts under the Hyster and Yale, as well as UNISOURCE and PREMIER brands to Hyster and Yale dealers for the service of competitor lift trucks. In addition, the company produces and distributes attachments, forks, and lift tables under the Bolzoni, Auramo, and Meyer brand names; and designs and produces products in the port equipment and rough terrain forklift markets. Further, it designs, manufactures, and sells hydrogen fuel-cell stacks and engines.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More on investing

More guides on Finder

Go to site