Helios Technologies (HLIO) Set to Announce Earnings on Monday

Helios Technologies (NASDAQ:HLIOGet Rating) will post its quarterly earnings results after the market closes on Monday, August 8th. Analysts expect Helios Technologies to post earnings of $1.18 per share for the quarter. Helios Technologies has set its FY 2022 guidance at $4.35-$4.60 EPS and its FY22 guidance at $4.35-4.60 EPS.Parties that are interested in participating in the company’s conference call can do so using this link.

Helios Technologies (NASDAQ:HLIOGet Rating) last posted its earnings results on Monday, May 9th. The company reported $1.18 EPS for the quarter, topping the consensus estimate of $0.95 by $0.23. Helios Technologies had a net margin of 12.43% and a return on equity of 20.74%. The firm had revenue of $240.55 million during the quarter, compared to analysts’ expectations of $221.02 million. During the same period last year, the company posted $0.99 EPS. The company’s quarterly revenue was up 17.4% compared to the same quarter last year. On average, analysts expect Helios Technologies to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Helios Technologies Trading Down 0.2 %

NASDAQ:HLIO opened at $69.60 on Friday. The company has a 50-day moving average price of $66.04 and a 200-day moving average price of $71.04. Helios Technologies has a 12 month low of $59.36 and a 12 month high of $114.89. The company has a current ratio of 2.24, a quick ratio of 1.20 and a debt-to-equity ratio of 0.57. The stock has a market cap of $2.26 billion, a price-to-earnings ratio of 20.06, a P/E/G ratio of 1.25 and a beta of 1.14.

Helios Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 20th. Stockholders of record on Tuesday, July 5th were given a $0.09 dividend. The ex-dividend date was Friday, July 1st. This represents a $0.36 annualized dividend and a dividend yield of 0.52%. Helios Technologies’s dividend payout ratio is 10.37%.

Wall Street Analysts Forecast Growth

HLIO has been the subject of several research analyst reports. Stifel Nicolaus dropped their target price on shares of Helios Technologies from $95.00 to $74.00 in a research report on Monday, July 18th. Robert W. Baird lowered their price target on shares of Helios Technologies from $111.00 to $100.00 in a research report on Wednesday, May 11th.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of HLIO. Advisor Group Holdings Inc. lifted its position in Helios Technologies by 15.6% during the 1st quarter. Advisor Group Holdings Inc. now owns 6,088 shares of the company’s stock valued at $441,000 after acquiring an additional 823 shares during the period. Raymond James & Associates lifted its position in Helios Technologies by 9.5% during the 1st quarter. Raymond James & Associates now owns 52,400 shares of the company’s stock valued at $4,205,000 after acquiring an additional 4,529 shares during the period. US Bancorp DE raised its holdings in Helios Technologies by 32.5% in the first quarter. US Bancorp DE now owns 5,397 shares of the company’s stock worth $434,000 after buying an additional 1,325 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Helios Technologies by 31.3% in the first quarter. PNC Financial Services Group Inc. now owns 6,375 shares of the company’s stock worth $512,000 after buying an additional 1,519 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new position in Helios Technologies in the first quarter worth about $1,124,000. 91.23% of the stock is owned by hedge funds and other 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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Earnings History for Helios Technologies (NASDAQ:HLIO)

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