Helios Technologies (NASDAQ:HLIO) is set to post its quarterly earnings results after the market closes on Monday, August 3rd. Analysts expect Helios Technologies to post earnings of $0.28 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.
Helios Technologies (NASDAQ:HLIO) last released its earnings results on Monday, May 4th. The company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.14. The company had revenue of $129.50 million for the quarter, compared to analysts’ expectations of $121.58 million. Helios Technologies had a net margin of 4.96% and a return on equity of 13.44%. The firm’s revenue was down 11.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.63 EPS. On average, analysts expect Helios Technologies to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of NASDAQ HLIO opened at $37.83 on Friday. The firm has a fifty day moving average price of $35.95 and a 200-day moving average price of $37.58. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.61 and a quick ratio of 1.51. The stock has a market cap of $1.21 billion, a PE ratio of 45.58 and a beta of 1.23. Helios Technologies has a 1 year low of $29.03 and a 1 year high of $49.49.
The business also recently disclosed a quarterly dividend, which was paid on Monday, July 20th. Stockholders of record on Sunday, July 5th were given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 0.95%. The ex-dividend date of this dividend was Wednesday, July 1st. Helios Technologies’s payout ratio is currently 14.81%.
A number of research firms recently issued reports on HLIO. Morgan Stanley raised shares of Helios Technologies from an “underweight” rating to an “equal weight” rating and set a $38.00 price target on the stock in a research note on Friday, May 29th. Zacks Investment Research upgraded shares of Helios Technologies from a “hold” rating to a “buy” rating and set a $41.00 price target on the stock in a report on Wednesday. Robert W. Baird decreased their price objective on shares of Helios Technologies from $49.00 to $35.00 and set a “neutral” rating for the company in a research note on Monday, April 13th. Finally, BidaskClub upgraded shares of Helios Technologies from a “hold” rating to a “buy” rating in a report on Friday, July 17th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $38.60.
Helios Technologies Company Profile
Helios Technologies, Inc develops, manufactures, and sells solutions for the hydraulics and electronics markets. The company operates through two segments, Hydraulics and Electronics. The Hydraulics segment offers screw-in hydraulic cartridge valves, electro-hydraulics, manifolds, and integrated package solutions for the industrial and mobile hydraulics markets; quick release hydraulic coupling solutions for the agriculture, construction equipment, and industrial markets; and hydraulic, pneumatic, electronic, and instrumentation solutions to a range of industries, including agriculture, industrial, mining, and material handling.
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