Hyster-Yale's stock performance mixed, upcoming earnings release projected to disappoint investors
From Nasdaq: 2025-07-02 18:15:00
Hyster-Yale (HY) closed at $42.27, up 2.2% from the previous session, outperforming the S&P 500. However, the stock has only risen 0.07% in the past month, lagging behind the Industrial Products sector and S&P 500 gains.
Investors are keen on Hyster-Yale’s upcoming earnings release, projecting a significant drop in EPS compared to the previous year. Analysts estimate revenue to decrease by 19.79%. The Zacks Consensus Estimates forecast earnings of $1.36 per share and revenue of $3.69 billion for the year.
Hyster-Yale currently holds a Zacks Rank of #3 (Hold) with a Forward P/E ratio of 30.41, indicating a premium compared to the industry average. The Manufacturing – Construction and Mining industry ranks in the bottom 16% of all industries, as per the Zacks Industry Rank of 208.
A little-known satellite-based communications firm is highlighted as a top stock with potential to double in the near future. Analysts predict substantial revenue growth in 2025, making it a promising investment opportunity in the trillion-dollar space industry.
Read more at Nasdaq: Hyster-Yale (HY) Laps the Stock Market: Here’s Why