Wall Street brokerages forecast that Helios Technologies (NASDAQ:HLIO) will post earnings of $0.37 per share for the current quarter, Zacks reports. Five analysts have made estimates for Helios Technologies’ earnings. The lowest EPS estimate is $0.35 and the highest is $0.38. Helios Technologies reported earnings of $0.56 per share in the same quarter last year, which indicates a negative year over year growth rate of 33.9%. The firm is scheduled to announce its next quarterly earnings results on Monday, February 24th.
According to Zacks, analysts expect that Helios Technologies will report full-year earnings of $2.26 per share for the current financial year, with EPS estimates ranging from $2.24 to $2.27. For the next year, analysts forecast that the firm will report earnings of $2.15 per share, with EPS estimates ranging from $1.90 to $2.32. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that follow Helios Technologies.
Helios Technologies (NASDAQ:HLIO) last released its earnings results on Tuesday, November 5th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.58 by $0.03. Helios Technologies had a net margin of 11.08% and a return on equity of 14.36%. The firm had revenue of $138.00 million for the quarter, compared to analyst estimates of $136.74 million. During the same period last year, the firm earned $0.62 EPS. The business’s quarterly revenue was up 1.6% compared to the same quarter last year.
In other news, CFO Tricia L. Fulton sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $48.00, for a total value of $72,000.00. Following the sale, the chief financial officer now directly owns 54,372 shares in the company, valued at approximately $2,609,856. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Christine L. Koski sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of $45.68, for a total transaction of $913,600.00. Following the completion of the sale, the director now owns 52,811 shares in the company, valued at $2,412,406.48. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 49,921 shares of company stock worth $2,328,128. 6.30% of the stock is currently owned by corporate insiders.
Several institutional investors and hedge funds have recently bought and sold shares of HLIO. Wells Fargo & Company MN acquired a new stake in Helios Technologies during the 2nd quarter worth approximately $2,256,000. JPMorgan Chase & Co. acquired a new stake in Helios Technologies during the 2nd quarter worth approximately $362,000. Bank of Montreal Can acquired a new stake in Helios Technologies during the 2nd quarter worth approximately $132,000. Charles Schwab Investment Management Inc. acquired a new stake in Helios Technologies during the 2nd quarter worth approximately $7,852,000. Finally, LPL Financial LLC acquired a new stake in Helios Technologies during the 2nd quarter worth approximately $318,000. Institutional investors own 84.70% of the company’s stock.
HLIO stock traded up $0.77 during mid-day trading on Friday, hitting $45.74. The stock had a trading volume of 66,800 shares, compared to its average volume of 63,669. The company has a current ratio of 2.57, a quick ratio of 1.40 and a debt-to-equity ratio of 0.56. Helios Technologies has a 52 week low of $32.85 and a 52 week high of $53.60. The firm has a market capitalization of $1.44 billion, a P/E ratio of 23.34 and a beta of 1.82. The firm has a fifty day simple moving average of $45.89 and a 200 day simple moving average of $43.55.
The business also recently declared a quarterly dividend, which was paid on Monday, January 20th. Stockholders of record on Sunday, January 5th were paid a $0.09 dividend. The ex-dividend date was Thursday, January 2nd. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.79%. Helios Technologies’s payout ratio is currently 15.65%.
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.
See Also: Cost of Goods Sold (COGS)
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