What Is Hyster-Yale Materials Handling, Inc.'s (NYSE:HY) Share Price Doing?
What Is Hyster-Yale Materials Handling, Inc.'s (NYSE:HY) Share Price Doing?
Hyster-Yale Materials Handling, Inc. (NYSE:HY), might not be a large cap stock, but it saw a significant share price rise of over 20% in the past couple of months on the NYSE. Less-covered, small caps tend to present more of an opportunity for mispricing due to the lack of information available to the public, which can be a good thing. So, could the stock still be trading at a low price relative to its actual value? Let's take a look at Hyster-Yale Materials Handling's outlook and value based on the most recent financial data to see if the opportunity still exists.
See our latest analysis for Hyster-Yale Materials Handling
What's The Opportunity In Hyster-Yale Materials Handling?
According to my valuation model, the stock is currently overvalued by about 21%, trading at US$42.37 compared to my intrinsic value of $35.03. This means that the buying opportunity has probably disappeared for now. If you like the stock, you may want to keep an eye out for a potential price decline in the future. Given that Hyster-Yale Materials Handling's share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us another chance to buy in the future. This is based on its high beta, which is a good indicator for share price volatility.
What kind of growth will Hyster-Yale Materials Handling generate?
Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. Hyster-Yale Materials Handling's revenue growth are expected to be in the teens in the upcoming years, indicating a solid future ahead. Unless expenses grow at the same level, or higher, this top-line growth should lead to robust cash flows, feeding into a higher share value.
What This Means For You
Are you a shareholder? HY's optimistic future growth appears to have been factored into the current share price, with shares trading above its fair value. At this current price, shareholders may be asking a different question – should I sell? If you believe HY should trade below its current price, selling high and buying it back up again when its price falls towards its real value can be profitable. But before you make this decision, take a look at whether its fundamentals have changed.
Are you a potential investor? If you've been keeping an eye on HY for a while, now may not be the best time to enter into the stock. The price has surpassed its true value, which means there's no upside from mispricing. However, the optimistic prospect is encouraging for HY, which means it's worth diving deeper into other factors in order to take advantage of the next price drop.
If you'd like to know more about Hyster-Yale Materials Handling as a business, it's important to be aware of any risks it's facing. Every company has risks, and we've spotted 2 warning signs for Hyster-Yale Materials Handling (of which 1 is a bit concerning!) you should know about.
If you are no longer interested in Hyster-Yale Materials Handling, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
海斯特-耶魯材料處理公司(NYSE:HY)可能不是一隻大盤股,但它在過去幾個月裡在紐約證券交易所的股價大幅上漲了20%以上。由於公眾缺乏可獲得的資訊,覆蓋面較小的小盤股往往會提供更多錯誤定價的機會,這可能是一件好事。那麼,相對於其實際價值,該股的交易價格還會低嗎?讓我們根據最新的財務數據來看看海斯特-耶魯物資處理公司的前景和價值,看看機會是否仍然存在。
查看我們對海斯特-耶魯材料處理的最新分析
海斯特-耶魯材料處理公司有什麼機會?
根據我的估值模型,該股目前被高估了約21%,交易價格為42.37美元,而我的內在價值為35.03美元。這意味著買入機會可能暫時消失了。如果你喜歡這只股票,你可能想要密切關注未來可能的價格下跌。鑑於海斯特-耶魯材料處理公司的股價波動相當大(即其價格相對於市場其他部分的波動被放大),這可能意味著價格可能會下跌,給我們未來另一個買入的機會。這是基於其較高的貝塔係數,這是一個很好的股價波動指標。
海斯特-耶魯物資搬運將帶來怎樣的增長?
尋求投資組合增長的投資者可能希望在購買一家公司的股票之前考慮其前景。以低廉的價格收購一家前景穩健的偉大公司永遠是一筆不錯的投資,所以讓我們也來看看該公司的未來預期。海斯特-耶魯材料處理公司在未來幾年的收入增長預計將在十幾歲左右,這表明未來將有一個穩健的未來。除非支出增長達到相同或更高的水準,否則這種營收增長應該會帶來強勁的現金流,從而推動更高的股價。
這對你意味著什麼
你是股東嗎?HY樂觀的未來增長似乎已被計入目前的股價,股價高於其公允價值。在目前的價格下,股東們可能會問一個不同的問題--我應該賣出嗎?如果你認為HY的交易價格應該低於當前價格,那麼高價拋售,並在價格跌至接近其實際價值時再次買入,可能是有利可圖的。但在你做出這個決定之前,先看看它的基本面是否發生了變化。
你是潛在的投資者嗎?如果你已經關注HY有一段時間了,現在可能不是進入該股的最佳時機。價格已經超過了它的真實價值,這意味著錯誤定價不會帶來任何好處。然而,樂觀的前景對HY來說是令人鼓舞的,這意味著為了利用下一次價格下跌,值得更深入地研究其他因素。
如果你想更多地瞭解海斯特-耶魯材料公司的經營情況,瞭解它所面臨的任何風險是很重要的。每家公司都有風險,我們已經發現2海斯特-耶魯大學材料搬運警告標誌(其中1個有點令人擔憂!)你應該知道。
如果您對海斯特-耶魯材料處理不再感興趣,您可以使用我們的免費平臺查看我們列出的50多隻具有高增長潛力的其他股票。
對這篇文章有什麼反饋嗎?擔心內容嗎?保持聯繫直接與我們聯繫。或者,也可以給編輯組發電子郵件,地址是implywallst.com。
本文由Simply Wall St.撰寫,具有概括性。我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論,我們的文章並不打算作為財務建議。它不構成買賣任何股票的建議,也沒有考慮你的目標或你的財務狀況。我們的目標是為您帶來由基本面數據驅動的長期重點分析。請注意,我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內。Simply Wall St.對上述任何一隻股票都沒有持倉。
譯文內容由第三人軟體翻譯。
風險及免責聲明
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
使用瀏覽器的分享功能,分享給你的好友吧