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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
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- 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.
- 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.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- Can I buy shares in Hyster-Yale Materials Handling?
- Has coronavirus impacted Hyster-Yale Materials Handling shares?
- Hyster-Yale Materials Handling shares summary
- Compare share dealing platforms
- Is Hyster-Yale Materials Handling stock a buy or sell?
- Hyster-Yale Materials Handling performance over time
- Are Hyster-Yale Materials Handling shares over-valued?
- Hyster-Yale Materials Handling's financials
- How volatile are Hyster-Yale Materials Handling shares?
- Does Hyster-Yale Materials Handling pay a dividend?
- Other common questions
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
|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|
|Dividend yield||$1.28 (3.1%)|
|Earnings per share (TTM)||$-3.37|
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Note: The dollar amounts in the table below are in Canadian dollars.
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
|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%|
|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".
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.
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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.
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