Equities analysts expect Helios Technologies (NASDAQ:HLIO) to report $0.41 earnings per share for the current quarter, according to Zacks. Four analysts have provided estimates for Helios Technologies’ earnings. The highest EPS estimate is $0.57 and the lowest is $0.36. Helios Technologies posted earnings of $0.56 per share during the same quarter last year, which suggests a negative year over year growth rate of 26.8%. The company is scheduled to report its next earnings report on Monday, February 24th.
On average, analysts expect that Helios Technologies will report full year earnings of $2.30 per share for the current year, with EPS estimates ranging from $2.25 to $2.46. For the next fiscal year, analysts anticipate that the company will post earnings of $2.21 per share, with EPS estimates ranging from $2.03 to $2.70. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that cover Helios Technologies.
Helios Technologies (NASDAQ:HLIO) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.61 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.58 by $0.03. The company had revenue of $138.00 million for the quarter, compared to analyst estimates of $136.74 million. Helios Technologies had a net margin of 11.08% and a return on equity of 14.46%. The company’s revenue was up 1.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.62 earnings per share.
HLIO stock opened at $45.08 on Friday. The firm has a market capitalization of $1.50 billion, a P/E ratio of 19.60 and a beta of 1.79. Helios Technologies has a 52 week low of $30.79 and a 52 week high of $53.60. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.51 and a quick ratio of 1.34. The company has a 50-day simple moving average of $40.43.
The firm also recently disclosed a quarterly dividend, which was paid on Sunday, October 20th. Stockholders of record on Saturday, October 5th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 0.80%. The ex-dividend date of this dividend was Thursday, October 3rd. Helios Technologies’s payout ratio is 15.65%.
In other Helios Technologies news, Director Christine L. Koski sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $44.60, for a total value of $446,000.00. 6.30% of the stock is currently owned by insiders.
Several large investors have recently added to or reduced their stakes in HLIO. Assetmark Inc. purchased a new stake in shares of Helios Technologies during the second quarter valued at approximately $28,000. Kayne Anderson Rudnick Investment Management LLC purchased a new stake in shares of Helios Technologies during the second quarter valued at approximately $33,000. Tower Research Capital LLC TRC purchased a new stake in shares of Helios Technologies during the third quarter valued at approximately $37,000. NumerixS Investment Technologies Inc purchased a new stake in shares of Helios Technologies during the second quarter valued at approximately $42,000. Finally, Quantamental Technologies LLC purchased a new stake in shares of Helios Technologies during the second quarter valued at approximately $58,000. 84.51% of the stock is owned by hedge funds and other institutional investors.
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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