Helios Technologies, Inc. (NASDAQ:HLIO) Given Average Recommendation of "Buy" by Brokerages – MarketBeat

Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
Helios Technologies, Inc. (NASDAQ:HLIO – Get Rating) has been assigned an average rating of “Buy” from the five research firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $95.00.
Several equities research analysts recently commented on HLIO shares. Zacks Investment Research upgraded Helios Technologies from a “hold” rating to a “buy” rating and set a $76.00 price objective for the company in a report on Tuesday, May 17th. Barrington Research started coverage on Helios Technologies in a report on Thursday, March 31st. They issued an “outperform” rating and a $107.00 price objective for the company. Stifel Nicolaus upgraded Helios Technologies from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $85.00 to $95.00 in a report on Tuesday, March 22nd. Finally, Robert W. Baird cut their price target on Helios Technologies from $111.00 to $100.00 in a research note on Wednesday, May 11th.
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%!

When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate.
Institutional investors have recently added to or reduced their stakes in the business. Wasatch Advisors Inc. lifted its position in shares of Helios Technologies by 1.0% during the 1st quarter. Wasatch Advisors Inc. now owns 4,668,305 shares of the company’s stock valued at $374,631,000 after buying an additional 46,746 shares in the last quarter. BlackRock Inc. lifted its position in shares of Helios Technologies by 1.3% during the 4th quarter. BlackRock Inc. now owns 2,067,293 shares of the company’s stock valued at $217,417,000 after buying an additional 26,859 shares in the last quarter. Conestoga Capital Advisors LLC lifted its position in shares of Helios Technologies by 1.3% during the 1st quarter. Conestoga Capital Advisors LLC now owns 1,645,197 shares of the company’s stock valued at $132,027,000 after buying an additional 21,521 shares in the last quarter. Sara Bay Financial lifted its position in shares of Helios Technologies by 17.0% during the 4th quarter. Sara Bay Financial now owns 1,159,455 shares of the company’s stock valued at $121,940,000 after buying an additional 168,674 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in shares of Helios Technologies by 14.2% during the 1st quarter. Wellington Management Group LLP now owns 761,652 shares of the company’s stock valued at $61,123,000 after buying an additional 94,638 shares in the last quarter. Institutional investors and hedge funds own 91.23% of the company’s stock.
HLIO opened at $72.24 on Friday. The stock has a 50-day moving average price of $70.99 and a 200-day moving average price of $81.78. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.24 and a quick ratio of 1.20. The firm has a market cap of $2.35 billion, a PE ratio of 20.82, a P/E/G ratio of 1.33 and a beta of 1.22. Helios Technologies has a 1 year low of $62.59 and a 1 year high of $114.89.
Helios Technologies (NASDAQ:HLIO – Get Rating) last released its quarterly earnings data on Monday, May 9th. The company reported $1.18 EPS for the quarter, topping the consensus estimate of $0.96 by $0.22. Helios Technologies had a return on equity of 20.74% and a net margin of 12.43%. The company had revenue of $240.55 million during the quarter, compared to the consensus estimate of $221.02 million. During the same period last year, the company earned $0.99 EPS. Helios Technologies’s revenue for the quarter was up 17.4% on a year-over-year basis. As a group, sell-side analysts anticipate that Helios Technologies will post 4.56 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Wednesday, April 20th. Shareholders of record on Tuesday, April 5th were paid a dividend of $0.09 per share. The ex-dividend date of this dividend was Monday, April 4th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.50%. Helios Technologies’s dividend payout ratio is currently 10.37%.
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.
Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Before you consider Helios Technologies, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Helios Technologies wasn’t on the list.
While Helios Technologies currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The 5 Stocks Here

Complete the form below to receive the latest headlines and analysts’ recommendations for your stocks with our free daily email newsletter:
In this episode, Kate’s guest is Tyler Laundon, editor of the Cabot Small-Cap Confidential and grand slam advisory Cabot Early Opportunities newsletters. Tyler shares his analysis of the small-cap asset class, within the lens of the broader market. He also offers some stocks he’s eyeing right now as potential watch-list candidates.
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.
MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.
Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.
Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.
As Featured By:
MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.
Twitter Facebook StockTwits Financial Juice YouTube

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.

source

Related Articles