Hyster-Yale Materials Handling (NYSE:HY) Given Daily Media Impact Score of 0.15

Media headlines about Hyster-Yale Materials Handling (NYSE:HY) have been trending somewhat positive on Wednesday, Accern reports. Accern ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Hyster-Yale Materials Handling earned a news impact score of 0.15 on Accern’s scale. Accern also assigned news stories about the industrial products company an impact score of 46.2994603248812 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:

Several analysts have issued reports on HY shares. Seaport Global Securities cut shares of Hyster-Yale Materials Handling from a “neutral” rating to a “sell” rating and set a $56.00 target price on the stock. in a research note on Monday, November 6th. Sidoti reaffirmed a “neutral” rating on shares of Hyster-Yale Materials Handling in a report on Friday, October 13th. ValuEngine raised shares of Hyster-Yale Materials Handling from a “hold” rating to a “buy” rating in a report on Thursday, November 9th. Finally, Zacks Investment Research raised shares of Hyster-Yale Materials Handling from a “sell” rating to a “hold” rating in a research note on Wednesday, October 4th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $74.00.

Shares of Hyster-Yale Materials Handling (NYSE HY) opened at $85.67 on Wednesday. The stock has a market cap of $1,403.22, a P/E ratio of 24.15 and a beta of 1.08. Hyster-Yale Materials Handling has a 12-month low of $53.50 and a 12-month high of $93.90. The company has a current ratio of 1.64, a quick ratio of 1.02 and a debt-to-equity ratio of 0.40.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be paid a dividend of $0.3025 per share. This represents a $1.21 dividend on an annualized basis and a yield of 1.41%. The ex-dividend date is Thursday, November 30th. Hyster-Yale Materials Handling’s payout ratio is 31.59%.

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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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