Hyster-Yale Materials Handling (HY) Getting Somewhat Positive News Coverage, Report Shows

News articles about Hyster-Yale Materials Handling (NYSE:HY) have trended somewhat positive recently, according to Accern. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hyster-Yale Materials Handling earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned media coverage about the industrial products company an impact score of 46.1275260748025 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the news articles that may have effected Accern’s rankings:

Hyster-Yale Materials Handling (NYSE HY) opened at $84.59 on Friday. Hyster-Yale Materials Handling has a 1-year low of $53.50 and a 1-year high of $93.90. The firm has a market capitalization of $1,396.47, a price-to-earnings ratio of 24.03 and a beta of 1.08. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.64 and a quick ratio of 1.02.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be issued a $0.3025 dividend. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $1.21 dividend on an annualized basis and a dividend yield of 1.43%. Hyster-Yale Materials Handling’s dividend payout ratio (DPR) is 31.59%.

A number of analysts have commented on the company. Sidoti reiterated a “neutral” rating on shares of Hyster-Yale Materials Handling in a research report on Friday, October 13th. Zacks Investment Research upgraded Hyster-Yale Materials Handling from a “sell” rating to a “hold” rating in a research report on Thursday, November 9th. ValuEngine raised Hyster-Yale Materials Handling from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, Seaport Global Securities cut Hyster-Yale Materials Handling from a “neutral” rating to a “sell” rating and set a $56.00 price target for the company. in a report on Monday, November 6th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. Hyster-Yale Materials Handling currently has a consensus rating of “Hold” and a consensus target price of $74.00.

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Hyster-Yale Materials Handling Company Profile

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.

Insider Buying and Selling by Quarter for Hyster-Yale Materials Handling (NYSE:HY)

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