Hyster-Yale Materials Handling Q1 EPS of $3.58 surpassed analysts' expectations by $1.30.
Hyster-Yale Materials Handling (HY) reported Q1 EPS of $3.58, exceeding analysts' expectations of $2.28 by $1.30. Despite the positive earnings, the stock traded down $0.40 to $60.10. Roth MKM reiterated its "Buy" rating with a target price of $84, while Northland Securities upgraded shares to an "outperform" rating with a $90 target price. The company has a market cap of $1.05B, a P/E ratio of 6.90, and a beta of 1.35.
August 10, 2024
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