Hyster-Yale Materials Handling (NYSE: HY) is one of 15 public companies in the “Heavy Machinery & Vehicles” industry, but how does it contrast to its peers? We will compare Hyster-Yale Materials Handling to related businesses based on the strength of its earnings, institutional ownership, analyst recommendations, profitability, valuation, risk and dividends.
This is a breakdown of current ratings and price targets for Hyster-Yale Materials Handling and its peers, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Hyster-Yale Materials Handling||1||1||1||0||2.00|
|Hyster-Yale Materials Handling Competitors||171||885||964||17||2.41|
Hyster-Yale Materials Handling presently has a consensus price target of $74.00, suggesting a potential downside of 13.62%. As a group, “Heavy Machinery & Vehicles” companies have a potential upside of 8.77%. Given Hyster-Yale Materials Handling’s peers stronger consensus rating and higher possible upside, analysts clearly believe Hyster-Yale Materials Handling has less favorable growth aspects than its peers.
This table compares Hyster-Yale Materials Handling and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Hyster-Yale Materials Handling||2.27%||11.34%||4.04%|
|Hyster-Yale Materials Handling Competitors||4.06%||13.41%||3.96%|
Insider and Institutional Ownership
51.0% of Hyster-Yale Materials Handling shares are owned by institutional investors. Comparatively, 82.2% of shares of all “Heavy Machinery & Vehicles” companies are owned by institutional investors. 26.3% of Hyster-Yale Materials Handling shares are owned by company insiders. Comparatively, 8.9% of shares of all “Heavy Machinery & Vehicles” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Hyster-Yale Materials Handling pays an annual dividend of $1.21 per share and has a dividend yield of 1.4%. Hyster-Yale Materials Handling pays out 31.6% of its earnings in the form of a dividend. As a group, “Heavy Machinery & Vehicles” companies pay a dividend yield of 1.3% and pay out 35.8% of their earnings in the form of a dividend. Hyster-Yale Materials Handling has raised its dividend for 4 consecutive years. Hyster-Yale Materials Handling is clearly a better dividend stock than its peers, given its higher yield and lower payout ratio.
Earnings and Valuation
This table compares Hyster-Yale Materials Handling and its peers top-line revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Hyster-Yale Materials Handling||$2.57 billion||$42.80 million||22.37|
|Hyster-Yale Materials Handling Competitors||$6.06 billion||$48.37 million||116.04|
Hyster-Yale Materials Handling’s peers have higher revenue and earnings than Hyster-Yale Materials Handling. Hyster-Yale Materials Handling is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Volatility and Risk
Hyster-Yale Materials Handling has a beta of 1.08, meaning that its share price is 8% more volatile than the S&P 500. Comparatively, Hyster-Yale Materials Handling’s peers have a beta of 1.42, meaning that their average share price is 42% more volatile than the S&P 500.
Hyster-Yale Materials Handling peers beat Hyster-Yale Materials Handling on 11 of the 15 factors compared.
About Hyster-Yale Materials Handling
Hyster-Yale Materials Handling, Inc. is a lift truck manufacturer. The Company designs, engineers, manufactures, sells and services a line of lift trucks, attachments and aftermarket parts marketed globally under the Hyster and Yale brand names, mainly to independent Hyster and Yale retail dealerships. The Company operates through five segments: the Americas, EMEA, JAPIC, Bolzoni and Nuvera. The Company offers a range of solutions, including attachments and hydrogen fuel cell power products, telematics, automation and fleet management services, as well as an array of other power options for its lift trucks. The Company’s segments for the lift truck business include three management units: the Americas, EMEA and JAPIC. Americas includes operations in the United States, Canada, Mexico, Brazil, Latin America and its corporate headquarters. EMEA includes operations in Europe, the Middle East and Africa. JAPIC includes operations in the Asia and Pacific regions including China.
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