Hyster-Yale Materials Handling

HY

Market cap $651M

Hyster-Yale, Inc. (HY) reported a challenging Q1'26, with revenue down 13%, negative EBITDA, and a $26 million operating loss driven by tariffs and an unfavorable product mix. I rate Hyster shares a Hold due to looming Q2 trough, significant tariff uncertainty, and high leverage requiring a timely recovery for normalization. Bookings and backlog show early signs of stabilization, but translating this into higher shipments and profitability in H2 remains uncertain.

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CLEVELAND, May 12, 2026 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) announced today that the Board of Directors increased its regular cash dividend from 36 cents to 36.5 cents per share. The dividend is payable on both Class A and Class B Common Stock and will be paid June 16, 2026, to stockholders of record at the close of business on June 1, 2026.

Hyster-Yale NYSE: HY said first-quarter results reflected a still-challenging lift truck market, tariff pressure and a customer shift toward lighter-duty, lower-priced equipment, but management pointed to improving bookings and expected second-half profitability as demand begins to recover.

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Hyster-Yale, Inc. (HY) Q1 2026 Earnings Call Transcript

Hyster-Yale (HY) came out with a quarterly loss of $1.64 per share versus the Zacks Consensus Estimate of a loss of $1.8. This compares to earnings of $0.49 per share a year ago.

Q1 2026 Consolidated Highlights:   Q1 bookings continued to strengthen, up 7% sequentially, signaling early stabilization following the Q3 2025 cyclical low Consolidated revenues of $795 million declined 13% year-over-year and 14% sequentially, primarily driven by a shift toward lighter‑duty, lower‑priced trucks and depletion of excess backlog Operating loss of $28 million included approximately $30 million of gross tariff costs CLEVELAND, May 5, 2026 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) reported the following consolidated results for the three months ended March 31, 2026. ($ in millions except per share amounts) Three Months Ended Q1 2026 Q1 2025 % Change Q4 2025 % Change Revenues $795.2 $910.4 (13) % $923.2 (14) % Operating Profit (Loss) $(28.0) $21.3 n.m.

Hyster-Yale (HY) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

In the closing of the recent trading day, Hyster-Yale (HY) stood at $39.47, denoting a +2.95% move from the preceding trading day.