Helios Technologies (NYSE:HLIO) Raised to Strong-Buy at Wall Street Zen

Helios Technologies (NYSE:HLIO) was upgraded by research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report released on Saturday.

Other research analysts have also recently issued research reports about the company. Zacks Research upgraded Helios Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Helios Technologies in a research report on Monday, December 29th. Finally, CJS Securities upgraded shares of Helios Technologies to a “strong-buy” rating in a research note on Thursday, December 11th. Two research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Helios Technologies has an average rating of “Buy”.

Helios Technologies Trading Down 3.9%

Shares of HLIO stock opened at $65.00 on Friday. The stock has a market cap of $2.15 billion, a P/E ratio of 44.83 and a beta of 1.26. Helios Technologies has a 1 year low of $24.76 and a 1 year high of $76.47. The company has a current ratio of 2.90, a quick ratio of 1.72 and a debt-to-equity ratio of 0.39. The stock has a 50 day simple moving average of $66.68 and a 200 day simple moving average of $58.32.

Helios Technologies (NYSE:HLIO) last posted its quarterly earnings data on Monday, March 2nd. The company reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.10. The firm had revenue of $210.70 million for the quarter. Helios Technologies had a return on equity of 9.36% and a net margin of 5.78%.

About Helios Technologies

Helios Technologies, Inc develops and manufactures engineered motion control and electronic control products for a wide range of industrial and mobile equipment applications. The company’s Hydraulics segment designs and produces hydraulic cartridge valves, manifold systems, pumps and motors, filtration solutions and off-highway joysticks. Its Electronic Controls segment offers programmable electronic control units, wireless telematics, human-machine interfaces and software to optimize performance, efficiency and safety for equipment OEMs and end users.

Through its global network of manufacturing facilities, service centers and technology centers, Helios Technologies serves markets in agriculture, construction, material handling, mining, municipal and recreational vehicles, as well as industrial automation and infrastructure equipment.