Helios Technologies (NASDAQ:HLIO - Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided EPS guidance of 2.000-2.400 for the period, compared to the consensus EPS estimate of 2.290. The company issued revenue guidance of $775.0 million-$825.0 million, compared to the consensus revenue estimate of $810.0 million.
Wall Street Analysts Forecast Growth
Separately, Stifel Nicolaus reduced their target price on shares of Helios Technologies from $60.00 to $58.00 and set a "buy" rating for the company in a report on Wednesday.
View Our Latest Stock Analysis on HLIO
Helios Technologies Stock Down 1.8 %
Shares of HLIO stock traded down $0.71 during mid-day trading on Thursday, hitting $39.78. The stock had a trading volume of 60,482 shares, compared to its average volume of 153,331. Helios Technologies has a 12-month low of $38.52 and a 12-month high of $57.29. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.03 and a quick ratio of 1.54. The firm's 50-day moving average is $43.65 and its two-hundred day moving average is $46.12. The firm has a market capitalization of $1.32 billion, a P/E ratio of 35.33 and a beta of 0.87.
Helios Technologies Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, January 20th. Investors of record on Friday, January 3rd were paid a $0.09 dividend. The ex-dividend date of this dividend was Friday, January 3rd. This represents a $0.36 dividend on an annualized basis and a yield of 0.90%. Helios Technologies's dividend payout ratio (DPR) is 31.86%.
Helios Technologies announced that its board has authorized a stock buyback plan on Monday, February 24th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the company to reacquire up to 7.8% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its shares are undervalued.
About Helios Technologies
(
Get Free Report)
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.
See Also
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 Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.