Helios Technologies Inc (NYSE: HLIO) has reported E.P.S. of $0.41 for its second fiscal quarter (ending June 30) versus $0.51 for the same period a year ago — a decline of -20%. Relative to the consensus estimate of $0.61, this was a shortfall of $-0.20. For the latest four quarters through June 30, E.P.S. were $0.90 compared to $2.11 a year ago — a decline of -57%.
Recent Price Action
Helios Technologies Inc (NYSE: HLIO) stock declined slightly by -1.0% on 8/5/24. The stock closed at $41.50. Moreover, trading volume in this decline was unusually high at 166% of normal. The stock has been strong relative to the market over the last nine months but has declined -10.5% 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 B (Positive). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Helios Technologies has a slightly positive Appreciation Score of 61 and a slightly positive Power Rating of 61, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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