Wall Street analysts expect Helios Technologies, Inc. (NASDAQ:HLIO) to announce $0.82 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Helios Technologies’ earnings, with estimates ranging from $0.75 to $0.91. Helios Technologies reported earnings per share of $0.60 in the same quarter last year, which would suggest a positive year-over-year growth rate of 36.7%. The company is scheduled to announce its next quarterly earnings report on Monday, March 7th.
On average, analysts expect that Helios Technologies will report full year earnings of $4.08 per share for the current year, with EPS estimates ranging from $4.00 to $4.17. For the next fiscal year, analysts anticipate that the firm will report earnings of $4.47 per share, with EPS estimates ranging from $4.17 to $4.70. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that cover Helios Technologies.
Helios Technologies (NASDAQ:HLIO) last released its quarterly earnings results on Monday, November 8th. The company reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.27. Helios Technologies had a net margin of 10.78% and a return on equity of 19.28%. The company had revenue of $223.20 million during the quarter, compared to the consensus estimate of $195.93 million. During the same period in the previous year, the business earned $0.53 earnings per share. The firm’s quarterly revenue was up 82.1% on a year-over-year basis.
HLIO traded down $1.00 during trading on Thursday, hitting $108.22. 89,748 shares of the stock traded hands, compared to its average volume of 97,796. Helios Technologies has a twelve month low of $47.69 and a twelve month high of $114.89. The firm has a market cap of $3.51 billion, a P/E ratio of 40.38 and a beta of 1.14. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.32 and a current ratio of 2.26. The business’s 50 day moving average is $92.25.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 20th. Stockholders of record on Tuesday, October 5th were issued a dividend of $0.09 per share. The ex-dividend date of this dividend was Monday, October 4th. This represents a $0.36 annualized dividend and a dividend yield of 0.33%. Helios Technologies’s dividend payout ratio is currently 13.43%.
In other news, CFO Tricia L. Fulton sold 1,000 shares of the stock in a transaction that occurred on Monday, September 27th. The shares were sold at an average price of $90.00, for a total transaction of $90,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Jason Lemar Morgan sold 400 shares of the stock in a transaction that occurred on Monday, September 27th. The shares were sold at an average price of $90.00, for a total transaction of $36,000.00. The disclosure for this sale can be found here. Insiders have sold 9,800 shares of company stock worth $995,542 in the last quarter. Company insiders own 0.60% of the company’s stock.
Several institutional investors have recently bought and sold shares of HLIO. Wasatch Advisors Inc. raised its position in Helios Technologies by 1.1% in the 2nd quarter. Wasatch Advisors Inc. now owns 4,822,101 shares of the company’s stock worth $376,365,000 after purchasing an additional 50,244 shares during the period. Vanguard Group Inc. raised its position in Helios Technologies by 0.7% in the 2nd quarter. Vanguard Group Inc. now owns 2,724,877 shares of the company’s stock worth $212,676,000 after purchasing an additional 19,920 shares during the period. Conestoga Capital Advisors LLC raised its position in Helios Technologies by 9.0% in the 3rd quarter. Conestoga Capital Advisors LLC now owns 1,500,121 shares of the company’s stock worth $123,175,000 after purchasing an additional 124,306 shares during the period. State Street Corp raised its position in Helios Technologies by 5.2% in the 2nd quarter. State Street Corp now owns 624,307 shares of the company’s stock worth $48,727,000 after purchasing an additional 31,074 shares during the period. Finally, Thrivent Financial for Lutherans raised its position in Helios Technologies by 4.6% in the 2nd quarter. Thrivent Financial for Lutherans now owns 602,007 shares of the company’s stock worth $46,987,000 after purchasing an additional 26,551 shares during the period. Hedge funds and other institutional investors own 89.13% of the company’s stock.
Helios Technologies Company Profile
Helios Technologies, Inc engages in the development and manufacture of motion control and electronic controls technology for diverse end markets, including construction, material handling, agriculture, energy, recreational vehicles, marine, health and wellness. It operates through the Hydraulics and Electronics segments.
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