Alert: New Earnings Report (11/5/24)-Helios Technologies Inc (NYSE: HLIO).

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Helios Technologies Inc (NYSE: HLIO) has reported E.P.S. of $0.34 for its third fiscal quarter (ending September 30) versus $0.11 for the same period a year ago — an increase of 209%. For the latest four quarters through September 30, E.P.S. were $1.13 compared to $1.58 a year ago — a decline of -28%.

Recent Price Action

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On 11/5/24, Helios Technologies Inc (NYSE: HLIO) stock rose slightly by 0.2%, closing at $49.07. This advance was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has risen 2.5% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, HLIO is expected to continue to be a Value Builder.

Helios Technologies has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Helios Technologies has a neutral Power Rating of 51 and a neutral Appreciation Score of 56, resulting in the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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