Where Hyster Yale Stands With Analysts
Portfolio Pulse from Benzinga Insights
Hyster Yale (NYSE:HY) has received mixed analyst ratings over the past three months, with a recent increase in the average 12-month price target to $88.5. Analysts have maintained or raised their ratings, reflecting positive sentiment. The company has shown strong financial performance with notable revenue growth, net margin, ROE, and ROA, but carries a high debt-to-equity ratio.
June 07, 2024 | 4:01 pm
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Hyster Yale has received mixed analyst ratings, with a recent increase in the average 12-month price target to $88.5. Analysts have maintained or raised their ratings, reflecting positive sentiment. The company has shown strong financial performance with notable revenue growth, net margin, ROE, and ROA, but carries a high debt-to-equity ratio.
The increase in the average price target and the maintenance or raising of ratings by analysts indicate positive sentiment towards Hyster Yale. The company's strong financial performance, including revenue growth, net margin, ROE, and ROA, further supports a positive outlook. However, the high debt-to-equity ratio is a potential concern.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100