Hyster Yale Materials Handling Stock Beta
| HY Stock | USD 58.25 0.48 0.83% |
Hyster Yale Materials Handling fundamentals help investors to digest information that contributes to Hyster Yale's financial success or failures. It also enables traders to predict the movement of Hyster Stock. The fundamental analysis module provides a way to measure Hyster Yale's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hyster Yale stock.
Hyster | Beta |
Hyster Yale Materials Handling Company Beta Analysis
Hyster Yale's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Hyster Yale Beta | 1.48 |
Most of Hyster Yale's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hyster Yale Materials Handling is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Hyster Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Hyster Yale is extremely important. It helps to project a fair market value of Hyster Stock properly, considering its historical fundamentals such as Beta. Since Hyster Yale's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hyster Yale's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hyster Yale's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Hyster Yale Materials Handling has a Beta of 1.481. This is 8.1% higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The beta for all United States stocks is notably lower than that of the firm.
Hyster Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hyster Yale's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hyster Yale could also be used in its relative valuation, which is a method of valuing Hyster Yale by comparing valuation metrics of similar companies.Hyster Yale is currently under evaluation in beta category among related companies.
Hyster Yale Institutional Holders
Institutional Holdings refers to the ownership stake in Hyster Yale that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hyster Yale's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hyster Yale's value.| Shares | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 180.4 K | Proshare Advisors Llc | 2023-12-31 | 158.2 K | Federated Hermes Inc | 2023-12-31 | 131.5 K | Northern Trust Corp | 2023-12-31 | 113 K | Bank Of New York Mellon Corp | 2023-12-31 | 111 K | Millennium Management Llc | 2023-12-31 | 99.7 K | Amvescap Plc. | 2023-12-31 | 97.4 K | Hillsdale Investment Management Inc. | 2023-12-31 | 92.2 K | Arrowstreet Capital Limited Partnership | 2023-12-31 | 91.4 K | Vanguard Group Inc | 2023-12-31 | 1.1 M | Gamco Investors, Inc. Et Al | 2023-12-31 | 1 M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Hyster Yale will likely underperform.
Hyster Fundamentals
| Return On Equity | 0.41 | ||||
| Return On Asset | 0.0627 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 1.51 B | ||||
| Shares Outstanding | 14.02 M | ||||
| Shares Owned By Insiders | 16.69 % | ||||
| Shares Owned By Institutions | 60.04 % | ||||
| Number Of Shares Shorted | 544.43 K | ||||
| Price To Earning | 13.64 X | ||||
| Price To Book | 2.78 X | ||||
| Price To Sales | 0.26 X | ||||
| Revenue | 4.12 B | ||||
| Gross Profit | 433.9 M | ||||
| EBITDA | 297.3 M | ||||
| Net Income | 125.9 M | ||||
| Cash And Equivalents | 59 M | ||||
| Cash Per Share | 4.62 X | ||||
| Total Debt | 571.9 M | ||||
| Debt To Equity | 2.60 % | ||||
| Current Ratio | 1.11 X | ||||
| Book Value Per Share | 22.69 X | ||||
| Cash Flow From Operations | 150.7 M | ||||
| Short Ratio | 5.25 X | ||||
| Earnings Per Share | 7.24 X | ||||
| Price To Earnings To Growth | 1.61 X | ||||
| Target Price | 82.5 | ||||
| Number Of Employees | 8.6 K | ||||
| Beta | 1.48 | ||||
| Market Capitalization | 1.02 B | ||||
| Total Asset | 2.08 B | ||||
| Retained Earnings | 256.3 M | ||||
| Working Capital | 271.5 M | ||||
| Current Asset | 818.9 M | ||||
| Current Liabilities | 505.2 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 2.48 % | ||||
| Net Asset | 2.08 B | ||||
| Last Dividend Paid | 1.3 |
About Hyster Yale Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hyster Yale Materials Handling's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hyster Yale using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hyster Yale Materials Handling based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Hyster Yale's price analysis, check to measure Hyster Yale's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hyster Yale is operating at the current time. Most of Hyster Yale's value examination focuses on studying past and present price action to predict the probability of Hyster Yale's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hyster Yale's price. Additionally, you may evaluate how the addition of Hyster Yale to your portfolios can decrease your overall portfolio volatility.
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Is Hyster Yale's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hyster Yale. If investors know Hyster will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hyster Yale listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.183 | Dividend Share 1.298 | Earnings Share 7.24 | Revenue Per Share 240.316 | Quarterly Revenue Growth 0.043 |
The market value of Hyster Yale Materials is measured differently than its book value, which is the value of Hyster that is recorded on the company's balance sheet. Investors also form their own opinion of Hyster Yale's value that differs from its market value or its book value, called intrinsic value, which is Hyster Yale's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hyster Yale's market value can be influenced by many factors that don't directly affect Hyster Yale's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hyster Yale's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hyster Yale is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hyster Yale's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.