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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength

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GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth

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» NYSE:JOY's 30-Y Financials

Financials (Next Earnings Date: 2017-12-14 Est.)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q3 2016

JOY Guru Trades in Q3 2016

Barrow, Hanley, Mewhinney & Strauss 81,953 sh (New)
Jim Simons 665,725 sh (New)
Mario Gabelli 259,625 sh (New)
Jeremy Grantham 670,841 sh (+1410.90%)
First Pacific Advisors 165,900 sh (unchged)
Paul Tudor Jones Sold Out
Joel Greenblatt 1,030,043 sh (-22.76%)
» More
Q4 2016

JOY Guru Trades in Q4 2016

Mario Gabelli 304,575 sh (+17.31%)
First Pacific Advisors 165,900 sh (unchged)
Barrow, Hanley, Mewhinney & Strauss 81,953 sh (unchged)
Joel Greenblatt 969,485 sh (-5.88%)
Jim Simons 403,425 sh (-39.40%)
Jeremy Grantham 43,900 sh (-93.46%)
» More
Q1 2017

JOY Guru Trades in Q1 2017

Mario Gabelli 361,525 sh (+18.70%)
Jeremy Grantham 44,400 sh (+1.14%)
First Pacific Advisors 165,900 sh (unchged)
Barrow, Hanley, Mewhinney & Strauss Sold Out
Jim Simons 237,525 sh (-41.12%)
Joel Greenblatt 149,275 sh (-84.60%)
» More
Q2 2017

JOY Guru Trades in Q2 2017

Joel Greenblatt Sold Out
Mario Gabelli Sold Out
Jim Simons Sold Out
Jeremy Grantham Sold Out
First Pacific Advisors Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with NYSE:JOY

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Mario Gabelli 2017-06-30 Sold Out 0.06%$28.25 - $28.3 $ 28.300%0
Joel Greenblatt 2017-06-30 Sold Out 0.05%$28.25 - $28.3 $ 28.300%0
Mario Gabelli 2017-03-31 Add 18.70%0.01%$28.01 - $28.29 $ 28.300%361,525
Joel Greenblatt 2017-03-31 Reduce -84.60%0.3%$28.01 - $28.29 $ 28.300%149,275
Barrow, Hanley, Mewhinney & Strauss 2017-03-31 Sold Out $28.01 - $28.29 $ 28.300%0
Joel Greenblatt 2016-12-31 Reduce -5.88%0.02%$27.72 - $28.09 $ 28.301%969,485
Mario Gabelli 2016-12-31 Add 17.31%0.01%$27.72 - $28.09 $ 28.301%304,575
Premium More recent guru trades are included for Premium Members only!!
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Business Description

Industry: Farm & Construction Machinery » Farm & Construction Equipment    NAICS: 333131    SIC: 3532
Compare:SZSE:300159, SZSE:000923, SHSE:600582, SHSE:900947, XKRX:241560, XTER:WAC, OHEL:KCR, HKSE:03339, SHSE:600335, XKRX:042670, SZSE:002685, WBO:PAL, SZSE:000425, TSE:6395, SZSE:000528, SHSE:600169, NYSE:TEX, SHSE:900920, BOM:500495, SHSE:600710 » details
Traded in other countries:JO3.Germany,
Headquarter Location:USA
Joy Global Inc is a manufacturer and servicer of productivity mining equipment for the extraction of coal and other minerals and ores. It manufactures and markets original equipment and parts and perform services for both underground and surface mining.

Milwaukee-based Joy Global manufactures electric shovels, excavators, drills, and other mining equipment for use in surface (through its P&H brand) and underground mines (through the Joy name). Joy Global generated 59% of 2015 sales from coal customers and 32% of sales in the United States. The company was formed in 2001 after the bankruptcy and restructuring of Harnischfeger Industries.

Guru Investment Theses on Joy Global Inc

Mario Gabelli Comments on Joy Global Inc. - Jan 31, 2017

Joy Global Inc. (1.1%) (JOY – $28.00 – NYSE) (NYSE:JOY) is a mining equipment company based in Milwaukee, Wisconsin. Joy Global manufactures mining equipment for the extraction of metals and minerals and also provides clients with the servicing of this machinery. On July 21, 2016, Komatsu entered into a $28.30 cash per share merger with Joy, valued at $2.8 billion. Shareholders already approved the deal and regulatory approvals are pending in various jurisdictions. The deal is expected to close in mid-2017.

From Mario Gabelli (Trades, Portfolio)'s ABC Fund fourth quarter 2016 commentary.

Check out Mario Gabelli latest stock trades

Steven Romick Comments on Joy Global - Feb 01, 2016

Joy Global (NYSE:JOY) was with hindsight an outright mistake, a poor investment decision that we wish we could take back. When analyzing the situation, we gave too much weight to the company’s strong market position and attractive aftermarket sales profile. We failed to appreciate the degree to which the coal market had changed. Many regions in which Joy has a particularly strong competitive position are likely to produce significantly less coal going forward. This has resulted in a permanent impairment to our position in Joy. Realizing our mistake, we have reduced the position.


From Steven Romick (Trades, Portfolio)'s FPA Crescent Fund 4th quarter commentary.

Check out Steven Romick latest stock trades

Top Ranked Articles about Joy Global Inc

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Mario Gabelli Comments on Joy Global Inc. Guru stock highlight
Joy Global Inc. (1.1%) (JOY – $28.00 – NYSE) (NYSE:JOY) is a mining equipment company based in Milwaukee, Wisconsin. Joy Global manufactures mining equipment for the extraction of metals and minerals and also provides clients with the servicing of this machinery. On July 21, 2016, Komatsu entered into a $28.30 cash per share merger with Joy, valued at $2.8 billion. Shareholders already approved the deal and regulatory approvals are pending in various jurisdictions. The deal is expected to close in mid-2017. Read more...
Mario Gabelli’s Top 3 New Holdings Guru invested in wide range of industries in 3rd quarter
GAMCO Investors’ Mario Gabelli (Trades, Portfolio) acquired 51 new stocks in the third quarter. His top three new holdings are Fleetmatics Group PLC (NYSE:FLTX), Joy Global Inc. (NYSE:JOY) and Whole Foods Market Inc. (NASDAQ:WFM). Read more...

Ratios

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Dividend & Buy Back

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Dividend Yield % 0.14
JOY's Dividend Yield % is ranked lower than
98% of the 171 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 1.78 vs. JOY: 0.14 )
Ranked among companies with meaningful Dividend Yield % only.
JOY' s Dividend Yield % Range Over the Past 10 Years
Min: 0  Med: 0 Max: 0.14
Current: 0.14
0
0.14
Forward Dividend Yield % 0.14
JOY's Forward Dividend Yield % is ranked lower than
98% of the 165 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 1.92 vs. JOY: 0.14 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 0.14
JOY's 5-Year Yield-on-Cost % is ranked lower than
99.99% of the 196 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 2.27 vs. JOY: 0.14 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
JOY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0  Med: 0 Max: 0.14
Current: 0.14
0
0.14

Valuation & Return

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More Statistics

Revenue (TTM) (Mil) $2,342.87
EPS (TTM) $ -0.18
Short Percentage of Float5.27%
52-Week Range $14.04 - 28.55
Shares Outstanding (Mil)99.62

Analyst Estimate

Oct17 Oct18 Oct19
Revenue (Mil $) 2,471 2,712 2,463
EPS ($) 0.73 1.22 0.90
EPS without NRI ($) 0.73 1.22 0.90
EPS Growth Rate
(Future 3Y To 5Y Estimate)
205.03%
Dividends per Share ($) 0.04 0.13 0.04

Piotroski F-Score Details

Piotroski F-Score: ----
Positive ROAN
Positive CFROAN
Higher ROA yoyN
CFROA > ROAN
Lower Leverage yoyN
Higher Current Ratio yoyN
Less Shares Outstanding yoyN
Higher Gross Margin yoyN
Higher Asset Turnover yoyN

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