Helios Technologies (HLIO) Scheduled to Post Earnings on Wednesday

Helios Technologies (NASDAQ:HLIO) is scheduled to announce its earnings results 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.Investors that are interested in participating in the company’s conference call can do so using this link.

Helios Technologies (NASDAQ:HLIO) last announced its quarterly earnings results on Monday, February 26th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.13. The firm had revenue of $193.40 million for the quarter, compared to the consensus estimate of $183.87 million. Helios Technologies had a net margin of 4.49% and a return on equity of 9.19%. The business’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.78 EPS. 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 Performance

Shares of NASDAQ HLIO opened at $47.32 on Tuesday. The firm’s 50-day moving average price is $44.69 and its 200-day moving average price is $43.79. The company has a quick ratio of 1.25, a current ratio of 2.74 and a debt-to-equity ratio of 0.58. The company has a market cap of $1.57 billion, a PE ratio of 41.51 and a beta of 0.93. Helios Technologies has a 52-week low of $37.50 and a 52-week high of $67.31.

Helios Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 19th. Stockholders of record on Thursday, April 4th were issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date of this dividend was Wednesday, April 3rd. Helios Technologies’s payout ratio is presently 31.58%.

Helios Technologies Company Profile

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.