Added to YB: 2026-10-13
Pitch date: 2026-10-09
HY [bullish]
Hyster-Yale, Inc.
-5.2%
current return
Author Info
No bio for this author
Company Info
Hyster-Yale, Inc., through its subsidiaries, provides lift trucks, attachments, parts, fleet management services, and technology and energy solutions worldwide.
Market Cap
$579.9M
Pitch Price
$31.75
Price Target
N/A
Dividend
4.51%
EV/EBITDA
-66.47
P/E
-4.92
EV/Sales
0.29
Sector
Machinery
Category
turnaround
Hyster Yale (HY) Multibagger potential as confluence of negatives subside. Attractive after markets part services model
HY: Hyster-Yale is priced for distress at $31.87 and 4.76-4.97x estimated normalized owner’s earnings despite four consecutive quarters of booking growth, a $1.58B backlog and $85M-$100M of targeted annualized cost savings by 2028. Its $500M-$600M high-margin aftermarket business cushions cyclicality, while the thesis targets sustainable earnings of $9-$10+ per share; execution and $427M of net debt remain key risks.
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