Equities analysts expect Helios Technologies (NASDAQ:HLIO) to report earnings per share (EPS) of $0.64 for the current quarter, according to Zacks. Four analysts have provided estimates for Helios Technologies’ earnings, with estimates ranging from $0.60 to $0.68. Helios Technologies posted earnings of $0.43 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 48.8%. The business is expected to report its next earnings report after the market closes on Monday, August 5th.
According to Zacks, analysts expect that Helios Technologies will report full-year earnings of $2.54 per share for the current financial year, with EPS estimates ranging from $2.47 to $2.60. For the next fiscal year, analysts expect that the business will report earnings of $2.84 per share, with EPS estimates ranging from $2.80 to $2.90. Zacks’ EPS calculations are an average based on a survey of research firms that follow Helios Technologies.
Helios Technologies (NASDAQ:HLIO) last issued its quarterly earnings results on Monday, May 6th. The company reported $0.63 earnings per share for the quarter, meeting the consensus estimate of $0.63. The company had revenue of $146.85 million during the quarter, compared to analysts’ expectations of $151.91 million. Helios Technologies had a return on equity of 12.57% and a net margin of 9.19%.
Several equities research analysts recently commented on HLIO shares. Stifel Nicolaus set a $113.00 target price on Neurocrine Biosciences and gave the stock a “buy” rating in a research note on Monday, July 15th. Morgan Stanley raised their target price on Williams-Sonoma from $52.00 to $56.00 and gave the stock an “underweight” rating in a research note on Wednesday, July 10th. Zacks Investment Research cut ExlService from a “hold” rating to a “sell” rating in a research note on Wednesday, July 10th. Finally, ValuEngine raised United States Steel from a “strong sell” rating to a “sell” rating in a research note on Wednesday.
NASDAQ HLIO traded up $0.02 during trading hours on Friday, hitting $46.47. 88,039 shares of the company’s stock were exchanged, compared to its average volume of 108,155. Helios Technologies has a 1-year low of $30.79 and a 1-year high of $58.13. The stock has a market capitalization of $1.53 billion, a P/E ratio of 20.20 and a beta of 1.85. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.03 and a quick ratio of 1.13.
The company also recently disclosed a quarterly dividend, which was paid on Saturday, July 20th. Shareholders of record on Friday, July 5th were paid a $0.09 dividend. The ex-dividend date was Wednesday, July 3rd. This represents a $0.36 dividend on an annualized basis and a yield of 0.77%. Helios Technologies’s dividend payout ratio (DPR) is presently 15.65%.
In other news, major shareholder Robert C. Koski sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, June 24th. The stock was sold at an average price of $45.72, for a total value of $114,300.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Christine L. Koski sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 24th. The shares were sold at an average price of $48.00, for a total value of $240,000.00. The disclosure for this sale can be found here. Insiders sold 15,000 shares of company stock valued at $700,250 in the last three months. Insiders own 6.30% of the company’s stock.
A number of institutional investors have recently modified their holdings of HLIO. Xact Kapitalforvaltning AB bought a new stake in Helios Technologies during the second quarter worth $249,000. Nisa Investment Advisors LLC bought a new stake in Helios Technologies during the second quarter worth $558,000. Truvestments Capital LLC bought a new stake in Helios Technologies during the second quarter worth $174,000. Allred Capital Management LLC bought a new stake in Helios Technologies during the second quarter worth $229,000. Finally, Baldwin Brothers Inc. MA bought a new stake in Helios Technologies during the second quarter worth $470,000. Institutional investors and hedge funds own 84.56% of the company’s stock.
About Helios Technologies
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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