Helios Technologies (HLIO) Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Helios Technologies in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" HLIO shares.
View HLIO analyst ratings or view top-rated stocks.

5 brokers have issued twelve-month price objectives for Helios Technologies' stock. Their HLIO share price forecasts range from $71.00 to $91.00. On average, they expect the company's stock price to reach $77.40 in the next twelve months. This suggests a possible upside of 39.4% from the stock's current price.
View analysts price targets for HLIO or view top-rated stocks among Wall Street analysts.

Helios Technologies' stock was trading at $54.44 at the beginning of 2023. Since then, HLIO stock has increased by 2.0% and is now trading at $55.53.
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The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our HLIO earnings forecast.

Helios Technologies, Inc. (NASDAQ:HLIO) posted its quarterly earnings results on Monday, May, 8th. The company reported $0.72 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.76 by $0.04. The company had revenue of $213.20 million for the quarter, compared to the consensus estimate of $206.20 million. Helios Technologies had a net margin of 9.53% and a trailing twelve-month return on equity of 15.00%. The business's revenue for the quarter was down 11.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.18 EPS.

Helios Technologies announced a quarterly dividend on Friday, March 10th. Stockholders of record on Wednesday, April 5th will be given a dividend of $0.09 per share on Thursday, April 20th. This represents a $0.36 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date of this dividend is Tuesday, April 4th.
Read our dividend analysis for HLIO.

ETFs with the largest weight of Helios Technologies (NASDAQ:HLIO) stock in their portfolio include Small Cap US Equity Select ETF (RNSC), Avantis U.S. Small Cap Equity ETF (AVSC), VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF), Vanguard Russell 2000 Growth ETF (VTWG), JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC).Adasina Social Justice All Cap Global ETF (JSTC),

Helios Technologies (NASDAQ:HLIO) pays an annual dividend of $0.36 per share and currently has a dividend yield of 0.65%. The dividend payout ratio is 14.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HLIO will have a dividend payout ratio of 7.84% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HLIO.

Helios Technologies updated its FY 2023 earnings guidance on Monday, May, 8th. The company provided EPS guidance of $3.95-$4.10 for the period, compared to the consensus earnings per share estimate of $3.84. The company issued revenue guidance of $910.00 million-$940.00 million, compared to the consensus revenue estimate of $909.75 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other Helios Technologies investors own include WestRock (WRK), Eastman Chemical (EMN), International Paper (IP), Domtar (UFS), AbbVie (ABBV), AMETEK (AME), BCE (BCE), Ball (BLL), CenterPoint Energy (CNP) and Dominion Energy (D).

Helios Technologies trades on the NASDAQ under the ticker symbol "HLIO."

Helios Technologies' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Wasatch Advisors LP (13.19%), Brown Capital Management LLC (9.12%), BlackRock Inc. (6.32%), Conestoga Capital Advisors LLC (4.81%), Thrivent Financial for Lutherans (3.39%) and Dimensional Fund Advisors LP (3.36%). Insiders that own company stock include Alexander Schuetz, Jason Lemar Morgan, Marc Bertoneche, Melanie M Nealis, Tricia L Fulton and Tricia L Fulton.
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Shares of HLIO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HLIO stock can currently be purchased for approximately $55.53.

Helios Technologies (NASDAQ:HLIO) has a market capitalization of $1.81 billion and generates $885.40 million in revenue each year. The company earns $98.40 million in net income (profit) each year or $2.51 on an earnings per share basis.

The company employs 2,400 workers across the globe.

Helios Technologies' mailing address is 1500 WEST UNIVERSITY PARKWAY, SARASOTA FL, 34243. The official website for the company is www.heliostechnologies.com. The company can be reached via phone at (941) 362-1200, via email at khoward@keiadvisors.com, or via fax at 941-355-4497.