For its fourth fiscal quarter (ending December 31), Helios Technologies Inc (NYSE: HLIO) has reported a -81% decline in E.P.S. from $0.54 a year ago to $0.10 in the current quarter. This performance was $-0.17 short of the consensus estimate of $0.27. E.P.S. were $1.14 for the latest four quarters through December 31 versus $3.03 for the same period a year ago — a decline of -62%.
Recent Price Action
On 2/26/24, Helios Technologies Inc (NYSE: HLIO) stock increased 1.6%, closing at $44.53. Moreover, trading volume in this advance was unusually high at 150% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 2.2% during the last week.
Current PriceTarget Research Rating
HLIO is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Helios Technologies has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Helios Technologies has a neutral Appreciation Score of 55 but a very low Power Rating of 8, leading to the Lowest Value Trend Rating.
Rating Review
In light of this discouraging new earnings information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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