Hyster-Yale Is Showing Signs Of Progress, But Not Enough For An Upgrade

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Nov 15, 2026, 6:09 AM ETHyster-Yale, Inc. (HY) StockDaniel JonesInvesting Group LeaderSummaryHyster-Yale remains a 'sell' as revenue, profits, and cash flows continue to deteriorate across all regions and segments.HY's Americas business saw revenue drop from $732.7M to $608.6M, with customers shifting to lower-priced, lighter-intensity models.Despite cost-cutting initiatives targeting $100M annual savings by 2029 and improving backlog, these have yet to stabilize revenue or profitability.I maintain my 'sell' rating given ongoing end-market weakness, delayed equipment replacements, and deteriorating financials despite some operational improvements.Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate.