Hyster-Yale Q3 EPS Forecast Reduced by Northland Securities

Hyster-Yale, Inc. (NYSE:HY) – Investment analysts at Northland Securities cut their Q3 2026 earnings 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 per share of ($1.11) for the quarter, down from their prior forecast of $0.09. The consensus estimate for Hyster-Yale’s current full-year earnings is ($2.91) 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.

Several other analysts have also recently issued reports on HY. Roth Capital restated a “buy” rating and issued a $45.00 target price on shares of Hyster-Yale in a report on Thursday, August 6th. Weiss Ratings reissued a “sell (d)” rating on shares of Hyster-Yale in a research report on Monday, August 3rd. Wall Street Zen lowered shares of Hyster-Yale from a “hold” rating to a “sell” rating in a report on Saturday, August 1st. Finally, Zacks Research upgraded shares of Hyster-Yale from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $47.50.

Hyster-Yale Stock Performance

Shares of Hyster-Yale stock opened at $34.71 on Monday. The business’s 50 day moving average price is $34.70 and its 200 day moving average price is $35.17. The company has a market cap of $622.07 million, a price-to-earnings ratio of -5.29 and a beta of 1.62. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.65 and a current ratio of 1.28. Hyster-Yale has a one year low of $26.41 and a one year high of $41.30.

Hyster-Yale (NYSE:HY) last issued its earnings results on Tuesday, August 4th. The industrial products company reported ($1.64) earnings per share for the quarter, topping the consensus estimate of ($2.20) by $0.56. The business had revenue of $812.90 million for the quarter, compared to analysts’ expectations of $804.62 million. Hyster-Yale had a negative return on equity of 21.03% and a negative net margin of 3.33%.

Institutional Trading of Hyster-Yale

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Optiver Holding B.V. acquired a new position in Hyster-Yale in the first quarter valued at about $33,000. Kestra Advisory Services LLC acquired a new stake in shares of Hyster-Yale during the fourth quarter valued at about $61,000. Aquatic Capital Management LLC raised its stake in shares of Hyster-Yale by 71.9% in the 3rd quarter. Aquatic Capital Management LLC now owns 3,372 shares of the industrial products company’s stock valued at $124,000 after acquiring an additional 1,410 shares during the period. Amundi raised its stake in shares of 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 during the period. Finally, State of Wyoming acquired a new position in shares of Hyster-Yale in the 1st quarter worth approximately $204,000. 46.47% of the stock is owned by institutional investors and hedge funds.

Hyster-Yale Company Profile

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.