NYSE: HY

Hyster Yale Materials Handling Inc Stock Forecast, Predictions & Price Target

The consensus among 2 Wall Street analysts covering (NYSE: HY) stock is to Strong Buy HY stock.

Out of 2 analysts, 1 (50%) are recommending HY as a Strong Buy, 1 (50%) are recommending HY as a Buy, 0 (0%) are recommending HY as a Hold, 0 (0%) are recommending HY as a Sell, and 0 (0%) are recommending HY as a Strong Sell.

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(NYSE: HY) Hyster Yale Materials Handling's forecast annual revenue growth rate of 0.88% is forecast to beat the US Farm & Heavy Construction Machinery industry's average forecast revenue growth rate of -6.8%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 12.87%.

Hyster Yale Materials Handling's revenue in 2024 is $4,118,300,000.On average, 2 Wall Street analysts forecast HY's revenue for 2024 to be $73,426,772,984, with the lowest HY revenue forecast at $72,987,803,827, and the highest HY revenue forecast at $73,865,742,140. On average, 2 Wall Street analysts forecast HY's revenue for 2025 to be $74,906,326,394, with the lowest HY revenue forecast at $74,196,280,668, and the highest HY revenue forecast at $75,616,372,121.

In 2028, HY is forecast to generate $81,786,424,642 in revenue, with the lowest revenue forecast at $81,786,424,642 and the highest revenue forecast at $81,786,424,642.

According to 2 Wall Street analysts that have issued a 1 year HY price target, the average HY price target is $82.50, with the highest HY stock price forecast at $85.00 and the lowest HY stock price forecast at $80.00.

On average, Wall Street analysts predict that Hyster Yale Materials Handling's share price could reach $82.50 by Dec 5, 2024. The average Hyster Yale Materials Handling stock price prediction forecasts a potential upside of 37.39% from the current HY share price of $60.05.

(NYSE: HY) forecast ROE is N/A, which is considered weak.