Helios Technologies (HLIO) to Release Quarterly Earnings on Wednesday

Helios Technologies (NASDAQ:HLIO) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.45 per share for the quarter. Helios Technologies has set its FY24 guidance at $2.35-2.75 EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.

Helios Technologies (NASDAQ:HLIO) last announced its quarterly earnings data on Monday, February 26th. The company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.13. Helios Technologies had a net margin of 4.49% and a return on equity of 9.19%. The company had revenue of $193.40 million for the quarter, compared to analysts’ expectations of $183.87 million. During the same quarter in the previous year, the company posted $0.78 EPS. The business’s revenue was down 1.3% compared to the same quarter last year. On average, analysts expect Helios Technologies to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Helios Technologies Stock Up 3.6 %

HLIO stock opened at $48.05 on Monday. The firm has a market cap of $1.59 billion, a PE ratio of 20.45 and a beta of 0.93. Helios Technologies has a 12 month low of $37.50 and a 12 month high of $67.31. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.74 and a quick ratio of 1.25. The firm has a 50 day simple moving average of $44.64 and a 200 day simple moving average of $43.82.

Helios Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 19th. Stockholders of record on Thursday, April 4th were given a dividend of $0.09 per share. The ex-dividend date was Wednesday, April 3rd. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.75%. Helios Technologies’s dividend payout ratio (DPR) is presently 31.58%.

About Helios Technologies

Helios Technologies, Inc, together with its subsidiaries, provides engineered motion control and electronic control technology solutions 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; hydraulic quick release coupling solutions for the agriculture, construction equipment, and industrial markets; motion control technology and fluid conveyance technology; cartridge valve technology; engineered solutions for machine users, manufacturers, or designers.