CSIMarket
 
Hyster yale Materials Handling Inc   (HY)
Other Ticker:  
 
 
Price: $58.2100 $0.71 1.235%
Day's High: $58.56 Week Perf: 0.64 %
Day's Low: $ 57.29 30 Day Perf: -16.85 %
Volume (M): 176 52 Wk High: $ 72.40
Volume (M$): $ 10,268 52 Wk Avg: $51.69
Open: $57.29 52 Wk Low: $38.50



 Market Capitalization (Millions $) 1,012
 Shares Outstanding (Millions) 17
 Employees 5,500
 Revenues (TTM) (Millions $) 4,118
 Net Income (TTM) (Millions $) 128
 Cash Flow (TTM) (Millions $) 26
 Capital Exp. (TTM) (Millions $) 32

Hyster Yale Materials Handling Inc

Hyster-Yale Materials Handling, Inc. and its subsidiaries, including its operating company Hyster-Yale Group, Inc. ("HYG") formerly known as NACCO Materials Handling Group, Inc., is a leading global integrated designer, engineer, manufacturer, seller and servicer of a comprehensive line of lift trucks and aftermarket parts marketed globally primarily under the Hyster® and Yale® brand names, mainly to independent Hyster® and Yale® retail dealerships. Lift trucks and component parts are manufactured in the United States, Northern Ireland, Mexico, the Netherlands, the Philippines, Italy, Japan, Vietnam, Brazil and China. Hyster-Yale was incorporated as a Delaware corporation in 1999.


On December 18, 2014, the Company acquired Nuvera Fuel Cells, Inc. ("Nuvera"). Nuvera, located in Billerica, Massachusetts, is an alternative-power technology company focused on fuel-cell stacks and related systems. Nuvera is also focused on supporting on-site hydrogen production and dispensing systems that are designed to deliver clean energy solutions to customers.

As a result of the acquisition of Nuvera, the Company intends to commercialize Nuveras research and technology to provide for the integration of this fuel-cell technology across large parts of the Companys lift truck product range. The Company expects to be able to offer its Hyster® and Yale® customers an integrated, factory-fitted fuel-cell solution, as well as associated hydrogen generation and delivery capability. In addition, the Company expects to offer aftermarket solutions designed to be used in electric powered lift truck brands in the market today.

The Company manufactures components, such as frames, masts and transmissions, and assembles lift trucks in the market of sale whenever practical to minimize freight cost and balance currency mix. In some instances, however, it utilizes one worldwide location to manufacture specific components or assemble specific lift trucks. Additionally, components and assembled lift trucks are exported to locations when it is advantageous to meet demand in certain markets. The Company operates twelve lift truck manufacturing and assembly facilities worldwide with five plants in the Americas, three in EMEA and four in JAPIC, including joint venture operations.

The Company offers a line of aftermarket parts to service its large installed base of lift trucks currently in use in the industry. The Company offers online technical reference databases specifying the required aftermarket parts to service lift trucks and an aftermarket parts ordering system.

The Company sells Hyster®- and Yale®-branded aftermarket parts to dealers for Hyster® and Yale® lift trucks. The Company also sells aftermarket parts under the UNISOURCE™ and PREMIER™ brands to Hyster® and Yale® dealers for the service of competitor lift trucks. The Company has a contractual relationship with a third-party, multi-brand, aftermarket parts wholesaler in the Americas and EMEA whereby orders from the Companys dealers for parts for lift trucks are fulfilled by the third party who then pays the Company a commission.



   Company Address: 5875 Landerbrook Drive Cleveland 44124 OH
   Company Phone Number: 449-9600   Stock Exchange / Ticker: NYSE HY
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BLBD   -3.31%    
CNHI        1.98% 
SHYF   -0.28%    
• View Complete Report
   



Product Service News

Yale Introduces Advanced Dynamic Stability System for Forklift Operators at MODEX 2024

Published Mon, Mar 11 2024 2:00 PM UTC

Yale has recently unveiled its new advanced dynamic stability system as a standalone option at the MODEX 2024 exhibition. This new feature offers warehouse operators greater choice and enhanced safety measures for their forklifts. In a related development, Hyster Yale Materials Handling Inc., the parent company of Yale, experienced a decline in revenues, but also witnessed s...

Announcement

Electrifying the Waves: APM Terminals Partners with Hyster to Power Port Operations with Battery-Electric Terminal Tractors

Published Mon, Mar 4 2024 2:30 PM UTC

In a significant move towards achieving sustainable and eco-friendly operations, APM Terminals has announced a partnership with Hyster Company to introduce ten zero-emission battery electric terminal tractors at its Port of Mobile location in Alabama. This initiative comes as part of APM Terminals' ambitious $60 million investment in port equipment electrification pilots and...

Hyster Yale Materials Handling Inc

Hyster Yale Materials Handling Inc Reports Strong Financial Performance in Q4 2023, with Revenue Rising by 4.263%

Hyster Yale Materials Handling Inc (HY) has reported strong profits in the October to December 31, 2023 time-frame, with earnings per share increasing by 212.88% to $1.39 per share. Revenue also saw a slight growth of 4.263% to $1.03 billion compared to the same reporting season a year ago.
These positive results place HY ahead of its peers in the Construction & Mining Machinery industry, which only achieved a 2.27% business advance during the same period. In the previous reporting season, HY recorded revenue of $1.00 billion and bottom line earnings of $2.06 per share.

Hyster Yale Materials Handling Inc

Hyster Yale Materials Handling Inc Surges Ahead, Posting Impressive Profitability Gains in Q3 2023 Earnings Season



Hyster Yale Materials Handling Inc, a leading company in the Construction & Mining Machinery industry, has released its financial results for the July to September 2023 period. The report reveals a remarkable turnaround in profitability, with a significant increase in income per share and a substantial boost in revenue. These positive developments, coupled with improving profit margins and strategic inventory management, suggest a promising future for the company.
Profitability and Growth
Hyster Yale Materials Handling Inc experienced a noteworthy improvement in profitability, demonstrated by a shift from a net deficit of $-36.600 million in the same period last year to a net profit of $36.400 million in the current reporting period. This achievement highlights the company's ability to successfully navigate challenges and optimize its business operations.

Hyster Yale Materials Handling Inc

Hyster Yale Soars Past Industry Average with Stellar 21.8% Revenue Boost in Q2 2023

The Construction & Mining Machinery sector has recently witnessed a remarkable transformation, with one particular company experiencing notable revenue growth that has turned into profitability. In the second quarter of 2023, this company saw its revenue increase by a staggering 21.8% to reach $1.09 billion. This significant improvement in revenue is indeed commendable and reflects the company's dedication to success.
Moreover, the earnings per share of this company surged to $2.21, in sharp contrast to the negative figure of $-1.15 recorded in the same period the preceding year. This remarkable turnaround showcases the company's ability to adapt and thrive in a competitive market.






 

Hyster Yale Materials Handling Inc's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Hyster Yale Materials Handling Inc does not provide revenue guidance.

Earnings Outlook
Hyster yale Materials Handling Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com