Helios Technologies (HLIO) Scheduled to Post Quarterly Earnings on Monday

Helios Technologies (NASDAQ:HLIO) will release its earnings data after the market closes on Monday, August 5th. Analysts expect Helios Technologies to post earnings of $0.61 per share for the quarter. Helios Technologies has set its FY24 guidance at $2.35-2.75 EPS and its FY 2024 guidance at 2.350-2.750 EPS.Investors interested in registering for the company’s conference call can do so using this link.

Helios Technologies (NASDAQ:HLIO) last announced its earnings results on Wednesday, May 8th. The company reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.08. The business had revenue of $212.00 million during the quarter, compared to analysts’ expectations of $205.61 million. Helios Technologies had a net margin of 3.93% and a return on equity of 8.37%. The business’s revenue was down .6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.72 earnings per share. 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 HLIO stock opened at $41.91 on Friday. The stock’s 50-day moving average price is $46.83 and its 200 day moving average price is $45.65. The company has a quick ratio of 1.35, a current ratio of 2.83 and a debt-to-equity ratio of 0.58. The stock has a market capitalization of $1.39 billion, a PE ratio of 41.91 and a beta of 0.85. Helios Technologies has a 52-week low of $37.50 and a 52-week high of $63.73.

Helios Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 19th. Investors of record on Friday, July 5th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 0.86%. The ex-dividend date was Friday, July 5th. Helios Technologies’s dividend payout ratio is presently 36.00%.

Analyst Ratings Changes

Separately, KeyCorp downgraded shares of Helios Technologies from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, July 9th.

About Helios Technologies

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.