$0.95 Earnings Per Share Expected for Helios Technologies, Inc. (NASDAQ:HLIO) This Quarter

Equities research analysts forecast that Helios Technologies, Inc. (NASDAQ:HLIOGet Rating) will announce earnings per share (EPS) of $0.95 for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Helios Technologies’ earnings, with the lowest EPS estimate coming in at $0.90 and the highest estimate coming in at $1.01. Helios Technologies posted earnings of $0.99 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 4%. The firm is expected to issue its next earnings results after the market closes on Monday, January 1st.

On average, analysts expect that Helios Technologies will report full-year earnings of $4.50 per share for the current year, with EPS estimates ranging from $4.45 to $4.55. For the next financial year, analysts anticipate that the company will post earnings of $4.96 per share, with EPS estimates ranging from $4.91 to $5.03. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that that provide coverage for Helios Technologies.

Helios Technologies (NASDAQ:HLIOGet Rating) last posted its quarterly earnings results on Monday, February 28th. The company reported $1.01 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.83 by $0.18. The business had revenue of $217.70 million during the quarter, compared to analysts’ expectations of $204.80 million. Helios Technologies had a net margin of 12.03% and a return on equity of 20.60%. The business’s quarterly revenue was up 43.6% on a year-over-year basis. During the same quarter last year, the company posted $0.60 earnings per share.

Several research analysts recently issued reports on the stock. Morgan Stanley reduced their target price on shares of Helios Technologies from $107.00 to $97.00 and set an “equal weight” rating for the company in a report on Friday, January 14th. Zacks Investment Research lowered shares of Helios Technologies from a “hold” rating to a “sell” rating in a research report on Friday, March 4th. Barrington Research assumed coverage on shares of Helios Technologies in a research report on Thursday, March 31st. They set an “outperform” rating and a $107.00 price target on the stock. Finally, Stifel Nicolaus upgraded shares of Helios Technologies from a “hold” rating to a “buy” rating and raised their price target for the company from $85.00 to $95.00 in a research report on Tuesday, March 22nd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Helios Technologies currently has an average rating of “Hold” and an average target price of $105.20.

Shares of Helios Technologies stock opened at $67.18 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.07 and a quick ratio of 1.10. The firm has a fifty day moving average price of $74.58 and a 200 day moving average price of $86.41. Helios Technologies has a 1 year low of $66.72 and a 1 year high of $114.89. The stock has a market cap of $2.18 billion, a PE ratio of 20.80, a price-to-earnings-growth ratio of 1.27 and a beta of 1.18.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 20th. Investors of record on Tuesday, April 5th were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Monday, April 4th. This represents a $0.36 dividend on an annualized basis and a yield of 0.54%. Helios Technologies’s payout ratio is presently 11.15%.

Hedge funds have recently modified their holdings of the business. Principal Financial Group Inc. raised its stake in Helios Technologies by 5.4% during the third quarter. Principal Financial Group Inc. now owns 28,553 shares of the company’s stock worth $2,344,000 after purchasing an additional 1,458 shares during the period. Aviva PLC raised its stake in Helios Technologies by 8.9% during the third quarter. Aviva PLC now owns 41,718 shares of the company’s stock worth $3,425,000 after purchasing an additional 3,422 shares during the period. Wesbanco Bank Inc. raised its stake in Helios Technologies by 9.1% during the fourth quarter. Wesbanco Bank Inc. now owns 2,865 shares of the company’s stock worth $301,000 after purchasing an additional 240 shares during the period. Strs Ohio purchased a new stake in shares of Helios Technologies in the 4th quarter valued at approximately $73,000. Finally, Barclays PLC raised its stake in shares of Helios Technologies by 207.6% in the 3rd quarter. Barclays PLC now owns 14,773 shares of the company’s stock valued at $1,213,000 after acquiring an additional 9,971 shares during the period. 90.86% of the stock is currently owned by institutional investors.

Helios Technologies Company Profile (Get Rating)

Helios Technologies, Inc, together with its subsidiaries, develops, manufactures, and sells solutions for the hydraulics and electronics markets in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Hydraulics and Electronics. The Hydraulics segment offers cartridge valve technology products to control rates and direction of fluid flow, and to regulate and control pressures for industrial and mobile applications; quick release coupling solutions for the agriculture, construction equipment, and industrial markets; and hydraulic system design that provides engineered solutions for machine users, manufacturers, or designers.

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