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Helios Technologies (NASDAQ:HLIO) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

Helios Technologies logo with Industrials background

Helios Technologies (NASDAQ:HLIO - Get Free Report) had its price objective hoisted by Stifel Nicolaus from $39.00 to $43.00 in a note issued to investors on Monday,Benzinga reports. The firm presently has a "buy" rating on the stock. Stifel Nicolaus' target price would suggest a potential upside of 18.83% from the stock's current price.

Several other equities analysts have also commented on HLIO. KeyCorp raised shares of Helios Technologies from a "sector weight" rating to an "overweight" rating and set a $40.00 target price on the stock in a report on Thursday, June 26th. Robert W. Baird decreased their price objective on shares of Helios Technologies from $65.00 to $49.00 and set an "outperform" rating for the company in a report on Thursday, May 8th.

View Our Latest Report on Helios Technologies

Helios Technologies Price Performance

Shares of NASDAQ HLIO opened at $36.19 on Monday. Helios Technologies has a twelve month low of $24.76 and a twelve month high of $57.29. The company has a quick ratio of 1.54, a current ratio of 3.03 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $1.21 billion, a PE ratio of 32.02 and a beta of 1.26. The firm has a fifty day simple moving average of $33.02 and a 200 day simple moving average of $35.07.

Helios Technologies (NASDAQ:HLIO - Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported $0.44 earnings per share for the quarter, beating analysts' consensus estimates of $0.36 by $0.08. Helios Technologies had a net margin of 4.57% and a return on equity of 8.22%. The firm's revenue was down 7.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.53 earnings per share. On average, sell-side analysts forecast that Helios Technologies will post 2.06 EPS for the current year.

Institutional Trading of Helios Technologies

Institutional investors have recently bought and sold shares of the stock. Commonwealth Equity Services LLC acquired a new position in Helios Technologies during the fourth quarter worth $517,000. Natixis Advisors LLC acquired a new stake in Helios Technologies in the fourth quarter valued at approximately $2,462,000. Signaturefd LLC raised its holdings in Helios Technologies by 71.8% during the fourth quarter. Signaturefd LLC now owns 687 shares of the company's stock worth $31,000 after purchasing an additional 287 shares in the last quarter. Intech Investment Management LLC raised its holdings in Helios Technologies by 214.6% during the fourth quarter. Intech Investment Management LLC now owns 14,790 shares of the company's stock worth $660,000 after purchasing an additional 10,089 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of Helios Technologies by 23.5% in the 4th quarter. American Century Companies Inc. now owns 59,816 shares of the company's stock valued at $2,670,000 after acquiring an additional 11,383 shares during the period. 94.72% of the stock is currently owned by institutional investors and hedge funds.

Helios Technologies Company Profile

(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.

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