Hyster-Yale Materials Handling (HY) Scheduled to Post Earnings on Tuesday

Hyster-Yale Materials Handling (NYSE:HYGet Rating) will be releasing its earnings data after the market closes on Tuesday, May 3rd.

Hyster-Yale Materials Handling (NYSE:HYGet Rating) last released its quarterly earnings results on Monday, February 28th. The industrial products company reported ($2.84) earnings per share for the quarter. The company had revenue of $829.70 million during the quarter. Hyster-Yale Materials Handling had a negative return on equity of 21.95% and a negative net margin of 5.62%.

Shares of NYSE:HY opened at $31.84 on Tuesday. The company has a market cap of $536.03 million, a P/E ratio of -3.09 and a beta of 1.04. The company has a quick ratio of 0.52, a current ratio of 1.22 and a debt-to-equity ratio of 0.68. Hyster-Yale Materials Handling has a 52 week low of $31.19 and a 52 week high of $86.24. The business has a fifty day simple moving average of $35.20 and a 200-day simple moving average of $40.19.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 22nd. Stockholders of record on Tuesday, March 8th were given a $0.322 dividend. This represents a $1.29 dividend on an annualized basis and a dividend yield of 4.05%. The ex-dividend date was Monday, March 7th. Hyster-Yale Materials Handling’s dividend payout ratio is currently -12.54%.

Several hedge funds and other institutional investors have recently modified their holdings of the company. D. E. Shaw & Co. Inc. lifted its stake in shares of Hyster-Yale Materials Handling by 124.3% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 49,221 shares of the industrial products company’s stock worth $2,023,000 after acquiring an additional 27,278 shares in the last quarter. Invesco Ltd. lifted its stake in shares of Hyster-Yale Materials Handling by 8.1% in the third quarter. Invesco Ltd. now owns 24,690 shares of the industrial products company’s stock worth $1,240,000 after acquiring an additional 1,851 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Hyster-Yale Materials Handling by 7.2% in the fourth quarter. Bank of America Corp DE now owns 29,806 shares of the industrial products company’s stock worth $1,224,000 after acquiring an additional 2,008 shares in the last quarter. UBS Group AG lifted its stake in shares of Hyster-Yale Materials Handling by 9.5% in the third quarter. UBS Group AG now owns 19,587 shares of the industrial products company’s stock worth $984,000 after acquiring an additional 1,707 shares in the last quarter. Finally, Squarepoint Ops LLC lifted its stake in shares of Hyster-Yale Materials Handling by 104.6% in the fourth quarter. Squarepoint Ops LLC now owns 14,260 shares of the industrial products company’s stock worth $586,000 after acquiring an additional 7,291 shares in the last quarter. 46.00% of the stock is owned by institutional investors.

Separately, StockNews.com began coverage on Hyster-Yale Materials Handling in a research report on Thursday, March 31st. They issued a “sell” rating for the company.

Hyster-Yale Materials Handling Company Profile (Get Rating)

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.

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Earnings History for Hyster-Yale Materials Handling (NYSE:HY)

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