Latest news with #Hyster-YaleMaterialsHandling
Yahoo
22-05-2025
- Business
- Yahoo
Professional Tools and Equipment Stocks Q1 Recap: Benchmarking Hyster-Yale Materials Handling (NYSE:HY)
As the craze of earnings season draws to a close, here's a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at professional tools and equipment stocks, starting with Hyster-Yale Materials Handling (NYSE:HY). Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand. Some professional tools and equipment companies also provide software to accompany measurement or automated machinery, adding a stream of recurring revenues to their businesses. On the other hand, professional tools and equipment companies are at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies' offerings. The 9 professional tools and equipment stocks we track reported a slower Q1. As a group, revenues missed analysts' consensus estimates by 0.8%. In light of this news, share prices of the companies have held steady as they are up 2.9% on average since the latest earnings results. Playing a significant role in the development of the hydraulic lift truck, Hyster-Yale (NYSE:HY) designs, manufactures, and sells materials handling equipment to various sectors. Hyster-Yale Materials Handling reported revenues of $910.4 million, down 13.8% year on year. This print fell short of analysts' expectations by 3.9%. Overall, it was a disappointing quarter for the company with a miss of analysts' EBITDA and EPS estimates. Hyster-Yale Materials Handling delivered the slowest revenue growth of the whole group. The market was likely pricing in the results, and the stock is flat since reporting. It currently trades at $40.57. Read our full report on Hyster-Yale Materials Handling here, it's free. Having played a significant role in the construction of the iconic Sydney Opera House, ESAB (NYSE:ESAB) manufactures and sells welding and cutting equipment for numerous industries. ESAB reported revenues of $678.1 million, down 1.7% year on year, outperforming analysts' expectations by 2.2%. The business had a very strong quarter with an impressive beat of analysts' EBITDA estimates. The market seems content with the results as the stock is up 4.5% since reporting. It currently trades at $125.56. Is now the time to buy ESAB? Access our full analysis of the earnings results here, it's free. Founded in 1920, Snap-on (NYSE:SNA) is a global provider of tools, equipment, and diagnostics for various industries such as vehicle repair, aerospace, and the military. Snap-on reported revenues of $1.24 billion, down 3% year on year, falling short of analysts' expectations by 4.1%. It was a disappointing quarter as it posted a significant miss of analysts' adjusted operating income estimates. Snap-on delivered the weakest performance against analyst estimates in the group. As expected, the stock is down 3% since the results and currently trades at $322.12. Read our full analysis of Snap-on's results here. Headquartered in Ohio, Lincoln Electric (NASDAQ:LECO) manufactures and sells welding equipment for various industries. Lincoln Electric reported revenues of $1.00 billion, up 2.4% year on year. This number topped analysts' expectations by 2.9%. More broadly, it was a mixed quarter as it also recorded a narrow beat of analysts' organic revenue estimates but a miss of analysts' EPS estimates. Lincoln Electric achieved the biggest analyst estimates beat among its peers. The stock is up 5.7% since reporting and currently trades at $194.37. Read our full, actionable report on Lincoln Electric here, it's free. Established when Max Hillman purchased a franchise operation, Hillman (NASDAQ:HLMN) designs, manufactures, and sells industrial equipment and systems for various sectors. Hillman reported revenues of $359.3 million, up 2.6% year on year. This result missed analysts' expectations by 0.5%. In spite of that, it was a strong quarter as it logged a solid beat of analysts' adjusted operating income estimates. Hillman delivered the fastest revenue growth but had the weakest full-year guidance update among its peers. The stock is flat since reporting and currently trades at $7.51. Read our full, actionable report on Hillman here, it's free. Thanks to the Fed's series of rate hikes in 2022 and 2023, inflation has cooled significantly from its post-pandemic highs, drawing closer to the 2% goal. This disinflation has occurred without severely impacting economic growth, suggesting the success of a soft landing. The stock market thrived in 2024, spurred by recent rate cuts (0.5% in September and 0.25% in November), and a notable surge followed Donald Trump's presidential election win in November, propelling indices to historic highs. Nonetheless, the outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. The path forward holds both optimism and caution as new policies take shape. Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
Yahoo
07-05-2025
- Business
- Yahoo
Hyster-Yale Materials Handling (NYSE:HY) Reports Sales Below Analyst Estimates In Q1 Earnings
Lift truck and material handling solutions manufacturer Hyster-Yale Materials Handling (NYSE:HY) fell short of the market's revenue expectations in Q1 CY2025, with sales falling 13.8% year on year to $910.4 million. Its non-GAAP profit of $0.49 per share was in line with analysts' consensus estimates. Is now the time to buy Hyster-Yale Materials Handling? Find out in our full research report. Hyster-Yale Materials Handling (HY) Q1 CY2025 Highlights: Revenue: $910.4 million vs analyst estimates of $947.8 million (13.8% year-on-year decline, 3.9% miss) Adjusted EPS: $0.49 vs analyst estimates of $0.49 (in line) Adjusted EBITDA: $35 million vs analyst estimates of $37.2 million (3.8% margin, 5.9% miss) Operating Margin: 2.3%, down from 7.9% in the same quarter last year Market Capitalization: $703.8 million Company Overview Playing a significant role in the development of the hydraulic lift truck, Hyster-Yale (NYSE:HY) designs, manufactures, and sells materials handling equipment to various sectors. Sales Growth Examining a company's long-term performance can provide clues about its quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Unfortunately, Hyster-Yale Materials Handling's 5.1% annualized revenue growth over the last five years was tepid. This fell short of our benchmark for the industrials sector and is a rough starting point for our analysis. Hyster-Yale Materials Handling Quarterly Revenue Long-term growth is the most important, but within industrials, a half-decade historical view may miss new industry trends or demand cycles. Hyster-Yale Materials Handling's annualized revenue growth of 5.8% over the last two years aligns with its five-year trend, suggesting its demand was consistently weak. Hyster-Yale Materials Handling Year-On-Year Revenue Growth This quarter, Hyster-Yale Materials Handling missed Wall Street's estimates and reported a rather uninspiring 13.8% year-on-year revenue decline, generating $910.4 million of revenue. Looking ahead, sell-side analysts expect revenue to decline by 5.1% over the next 12 months, a deceleration versus the last two years. This projection doesn't excite us and indicates its products and services will see some demand headwinds. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) stock benefiting from the rise of AI. Click here to access our free report one of our favorites growth stories. Operating Margin Hyster-Yale Materials Handling was profitable over the last five years but held back by its large cost base. Its average operating margin of 2% was weak for an industrials business. This result isn't too surprising given its low gross margin as a starting point.
Yahoo
05-05-2025
- Business
- Yahoo
Hyster-Yale Materials Handling (HY) Q1 Earnings: What To Expect
Lift truck and material handling solutions manufacturer Hyster-Yale Materials Handling (NYSE:HY) will be announcing earnings results tomorrow after the bell. Here's what to expect. Hyster-Yale Materials Handling beat analysts' revenue expectations by 4.4% last quarter, reporting revenues of $1.07 billion, up 3.9% year on year. It was an exceptional quarter for the company, with a solid beat of analysts' EBITDA estimates and a decent beat of analysts' EPS estimates. Is Hyster-Yale Materials Handling a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Hyster-Yale Materials Handling's revenue to decline 10.3% year on year to $947.8 million, a reversal from the 5.7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.49 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Hyster-Yale Materials Handling has only missed Wall Street's revenue estimates once over the last two years, exceeding top-line expectations by 4.6% on average. Looking at Hyster-Yale Materials Handling's peers in the professional tools and equipment segment, some have already reported their Q1 results, giving us a hint as to what we can expect. ESAB's revenues decreased 1.7% year on year, beating analysts' expectations by 2.2%, and Hillman reported revenues up 2.6%, falling short of estimates by 0.5%. ESAB traded up 3.1% following the results while Hillman was down 7.5%. Read our full analysis of ESAB's results here and Hillman's results here. There has been positive sentiment among investors in the professional tools and equipment segment, with share prices up 13% on average over the last month. Hyster-Yale Materials Handling is up 11.3% during the same time and is heading into earnings with an average analyst price target of $72.50 (compared to the current share price of $40.33). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
Yahoo
25-04-2025
- Business
- Yahoo
Q4 Earnings Roundup: Kennametal (NYSE:KMT) And The Rest Of The Professional Tools and Equipment Segment
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let's have a look at Kennametal (NYSE:KMT) and its peers. Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand. Some professional tools and equipment companies also provide software to accompany measurement or automated machinery, adding a stream of recurring revenues to their businesses. On the other hand, professional tools and equipment companies are at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies' offerings. The 10 professional tools and equipment stocks we track reported a mixed Q4. As a group, revenues along with next quarter's revenue guidance were in line with analysts' consensus estimates. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 15.9% since the latest earnings results. Involved in manufacturing hard tips of anti-tank projectiles in World War II, Kennametal (NYSE:KMT) is a provider of industrial materials and tools for various sectors. Kennametal reported revenues of $482.1 million, down 2.7% year on year. This print fell short of analysts' expectations by 1%. Overall, it was a disappointing quarter for the company with full-year EPS guidance missing analysts' expectations. "This quarter we once again generated strong cash flow from operations," said Sanjay Chowbey, President and CEO. The stock is down 15.7% since reporting and currently trades at $19.76. Read our full report on Kennametal here, it's free. Playing a significant role in the development of the hydraulic lift truck, Hyster-Yale (NYSE:HY) designs, manufactures, and sells materials handling equipment to various sectors. Hyster-Yale Materials Handling reported revenues of $1.07 billion, up 3.9% year on year, outperforming analysts' expectations by 4.4%. The business had an exceptional quarter with an impressive beat of analysts' EBITDA estimates and a decent beat of analysts' EPS estimates. Hyster-Yale Materials Handling pulled off the biggest analyst estimates beat and fastest revenue growth among its peers. The stock is down 25.9% since reporting. It currently trades at $38.41. Is now the time to buy Hyster-Yale Materials Handling? Access our full analysis of the earnings results here, it's free. Founded in 1920, Snap-on (NYSE:SNA) is a global provider of tools, equipment, and diagnostics for various industries such as vehicle repair, aerospace, and the military. Snap-on reported revenues of $1.24 billion, down 3% year on year, falling short of analysts' expectations by 4.1%. It was a disappointing quarter as it posted a significant miss of analysts' adjusted operating income estimates. Snap-on delivered the weakest performance against analyst estimates in the group. As expected, the stock is down 6.8% since the results and currently trades at $309.31. Read our full analysis of Snap-on's results here. Having played a significant role in the construction of the iconic Sydney Opera House, ESAB (NYSE:ESAB) manufactures and sells welding and cutting equipment for numerous industries. ESAB reported revenues of $670.8 million, down 2.7% year on year. This print came in 0.8% below analysts' expectations. Aside from that, it was a satisfactory quarter as it also recorded a solid beat of analysts' adjusted operating income estimates. The stock is down 4.1% since reporting and currently trades at $120. Read our full, actionable report on ESAB here, it's free. Taking its name from the Latin root of "strong", Fortive (NYSE:FTV) manufactures products and develops industrial software for numerous industries. Fortive reported revenues of $1.62 billion, up 2.3% year on year. This number missed analysts' expectations by 0.5%. It was a slower quarter as it also logged EPS guidance for next quarter missing analysts' expectations. Fortive had the weakest full-year guidance update among its peers. The stock is down 13.9% since reporting and currently trades at $68.75. Read our full, actionable report on Fortive here, it's free. Thanks to the Fed's series of rate hikes in 2022 and 2023, inflation has cooled significantly from its post-pandemic highs, drawing closer to the 2% goal. This disinflation has occurred without severely impacting economic growth, suggesting the success of a soft landing. The stock market thrived in 2024, spurred by recent rate cuts (0.5% in September and 0.25% in November), and a notable surge followed Donald Trump's presidential election win in November, propelling indices to historic highs. Nonetheless, the outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. The path forward holds both optimism and caution as new policies take shape. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
Yahoo
01-04-2025
- Business
- Yahoo
Q4 Earnings Outperformers: Hillman (NASDAQ:HLMN) And The Rest Of The Professional Tools and Equipment Stocks
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let's take a look at how professional tools and equipment stocks fared in Q4, starting with Hillman (NASDAQ:HLMN). Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand. Some professional tools and equipment companies also provide software to accompany measurement or automated machinery, adding a stream of recurring revenues to their businesses. On the other hand, professional tools and equipment companies are at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies' offerings. The 10 professional tools and equipment stocks we track reported a mixed Q4. As a group, revenues beat analysts' consensus estimates by 0.6% while next quarter's revenue guidance was in line. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 9.7% since the latest earnings results. Established when Max Hillman purchased a franchise operation, Hillman (NASDAQ:HLMN) designs, manufactures, and sells industrial equipment and systems for various sectors. Hillman reported revenues of $349.6 million, flat year on year. This print fell short of analysts' expectations by 0.6%. Overall, it was a mixed quarter for the company with an impressive beat of analysts' adjusted operating income estimates but a significant miss of analysts' EPS estimates. Doug Cahill, Hillman's executive chairman commented: 'During 2024, Hillman delivered record bottom line results despite the soft macro environment. Our focus on disciplined execution and taking care of our customers added to Hillman's 60-year legacy of service, which resulted in us winning vendor of the year awards at our two biggest customers: Home Depot and Lowe's." Hillman pulled off the highest full-year guidance raise of the whole group. Still, the market seems discontent with the results. The stock is down 20.2% since reporting and currently trades at $8.79. Read our full report on Hillman here, it's free. Playing a significant role in the development of the hydraulic lift truck, Hyster-Yale (NYSE:HY) designs, manufactures, and sells materials handling equipment to various sectors. Hyster-Yale Materials Handling reported revenues of $1.07 billion, up 3.9% year on year, outperforming analysts' expectations by 4.4%. The business had an exceptional quarter with a solid beat of analysts' EBITDA estimates and a decent beat of analysts' EPS estimates. Hyster-Yale Materials Handling delivered the biggest analyst estimates beat and fastest revenue growth among its peers. Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 20.2% since reporting. It currently trades at $41.34. Is now the time to buy Hyster-Yale Materials Handling? Access our full analysis of the earnings results here, it's free. Involved in manufacturing hard tips of anti-tank projectiles in World War II, Kennametal (NYSE:KMT) is a provider of industrial materials and tools for various sectors. Kennametal reported revenues of $482.1 million, down 2.7% year on year, falling short of analysts' expectations by 1%. It was a disappointing quarter as it posted full-year EPS guidance missing analysts' expectations and a significant miss of analysts' adjusted operating income estimates. As expected, the stock is down 8.7% since the results and currently trades at $21.40. Read our full analysis of Kennametal's results here. Taking its name from the Latin root of "strong", Fortive (NYSE:FTV) manufactures products and develops industrial software for numerous industries. Fortive reported revenues of $1.62 billion, up 2.3% year on year. This print lagged analysts' expectations by 0.5%. Overall, it was a slower quarter as it also recorded EPS guidance for next quarter missing analysts' expectations. Fortive had the weakest full-year guidance update among its peers. The stock is down 9.6% since reporting and currently trades at $72.21. Read our full, actionable report on Fortive here, it's free. With an iconic 'STANLEY' logo which has remained virtually unchanged for over a century, Stanley Black & Decker (NYSE:SWK) is a manufacturer primarily catering to the tool and outdoor equipment industry. Stanley Black & Decker reported revenues of $3.72 billion, flat year on year. This number surpassed analysts' expectations by 3.8%. Overall, it was a strong quarter as it also recorded an impressive beat of analysts' organic revenue and EPS estimates. The stock is down 11.4% since reporting and currently trades at $76.87. Read our full, actionable report on Stanley Black & Decker here, it's free. Want to invest in winners with rock-solid fundamentals? Check out our Top 6 Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
