Hyster-Yale Inc is a leading manufacturer of material handling equipment, specializing in the design, production, and distribution of forklifts, lift trucks, and container handlers
The company offers a broad range of products and solutions tailored to meet the diverse needs of industries such as warehousing, construction, and logistics. Beyond manufacturing, Hyster-Yale provides support services, parts, and technology solutions to enhance operational efficiency and safety in material handling processes. With a commitment to innovation and sustainability, the company aims to improve productivity while reducing environmental impact.
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow.
Due to this bearish outlook, the industry has tumbled by 5.4% over the past six months. This drop was discouraging since the S&P 500 held steady.
What a brutal six months it’s been for Hyster-Yale Materials Handling. The stock has dropped 27.8% and now trades at $45.09, rattling many shareholders. This may have investors wondering how to approach the situation.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the professional tools and equipment industry, including Fortive (NYSE:FTV) and its peers.
Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings.
However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the professional tools and equipment industry, including Lincoln Electric (NASDAQ:LECO) and its peers.
Looking back on professional tools and equipment stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Nordson (NASDAQ:NDSN) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Hyster-Yale Materials Handling (NYSE:HY) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how ESAB (NYSE:ESAB) and the rest of the professional tools and equipment stocks fared in Q4.
Shares of lift truck and material handling solutions manufacturer Hyster-Yale Materials Handling (NYSE:HY)
jumped 9.9% in the morning session after the company reported strong fourth-quarter results that significantly surpassed analysts' revenue and EBITDA expectations, driven by strong performance in the Lift Truck segment.
Lift truck and material handling solutions manufacturer Hyster-Yale Materials Handling (NYSE:HY) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 3.9% year on year to $1.07 billion. Its non-GAAP profit of $1.47 per share was 5.4% above analysts’ consensus estimates.
Lift truck and material handling solutions manufacturer Hyster-Yale Materials Handling (NYSE:HY)
will be reporting results tomorrow after market hours. Here’s what to look for.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Hyster-Yale Materials Handling (NYSE:HY) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how professional tools and equipment stocks fared in Q3, starting with Fortive (NYSE:FTV).
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the professional tools and equipment industry, including Snap-on (NYSE:SNA) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Nordson (NASDAQ:NDSN) and its peers.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the professional tools and equipment industry, including Kennametal (NYSE:KMT) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how professional tools and equipment stocks fared in Q3, starting with Stanley Black & Decker (NYSE:SWK).
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Middleby (NASDAQ:MIDD) and the rest of the professional tools and equipment stocks fared in Q3.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Lincoln Electric (NASDAQ:LECO) and the best and worst performers in the professional tools and equipment industry.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how professional tools and equipment stocks fared in Q3, starting with ESAB (NYSE:ESAB).
What a brutal six months it’s been for Hyster-Yale Materials Handling. The stock has dropped 25.7% and now trades at $56.22, rattling many shareholders. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
