Helios Technologies(HLIO)
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Surging Earnings Estimates Signal Upside for Helios Technologies (HLIO) Stock
zacks.com· 2024-05-17 17:21
Investors might want to bet on Helios Technologies (HLIO) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. The upward trend in estimate revisions for this maker of screw-in hydraulic cartridge valves and manifolds reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empi ...
Wall Street Analysts Believe Helios Technologies (HLIO) Could Rally 27.98%: Here's is How to Trade
Zacks Investment Research· 2024-05-14 14:56
Shares of Helios Technologies (HLIO) have gained 11.3% over the past four weeks to close the last trading session at $51.18, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $65.50 indicates a potential upside of 28%. The mean estimate comprises four short-term price targets with a standard deviation of $9.57. While the lowest estimate of $58 indicates a 13.3% increase from the c ...
Helios Technologies(HLIO) - 2024 Q1 - Earnings Call Transcript
2024-05-12 04:26
Tania Almond Operator Nathan Jones Tania Almond Josef Matosevic Nathan Jones Sean Bagan And so, we're feeling some of that coming back. Some of that was validated. Josef and I were just over there last month and clearly seen some green shoots as he highlighted and has prepared remarks there. So, I think that's a little bit of what we're feeling. We were probably on the earlier side of the cycle from supplying a manufacturer. And I think we're kind of getting through that already. Okay, thanks for that. And ...
Helios Technologies (HLIO) Beats Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-05-09 00:20
Helios Technologies (HLIO) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.78%. A quarter ago, it was expected that this maker of screw-in hydraulic cartridge valves and manifolds would post earnings of $0.25 per share when it actually produced earnings of $0.38, delivering a surpr ...
Helios Technologies(HLIO) - 2024 Q1 - Quarterly Results
2024-05-08 21:21
Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE Helios Technologies Reports First Quarter 2024 Financial Results; Strong Sequential Growth for a Solid Start to the Year • Delivered net sales of $212.0 million up 10% over 4Q23 with Hydraulics up 7% and Electronics up 17% sequentially; Notably Electronics up 6% over the year-ago period • Demonstrated sequential margin improvement over 4Q23 across both gross (+310 bps) and operating (+340 bps) margins despite some unfavorable mix • Achieved diluted EPS of $0.2 ...
Helios Technologies(HLIO) - 2024 Q4 - Earnings Call Transcript
2024-03-02 13:37
What we have done over the last several years has created the foundation from which we can now elevate. It is thanks to the dedicated, talented people that work for Helios Technologies and its family of companies that we are so well positioned. We are creating sticky, critical, integrated solutions that provide improved productivity and efficiencies with lower life cycle costs for our customers. We are ready and I believe as markets recover, the next few year look very good for Helios. These risks and uncer ...
Helios Technologies(HLIO) - 2023 Q4 - Earnings Call Presentation
2024-03-02 12:11
• Amortization of intangible assets increased 9% to $8.2 million YoY reflecting the Company's flywheel acquisitions • Net interest expense: 4Q23 level down $0.1 million QoQ due to total debt reduction of 4%; up $3.6 million YoY due to higher interest rates and increased average net debt balance related to the debt financing of 1H23 acquisitions Operating Income and Margin • YoY operating income and margin declined reflecting reduced revenues and slightly increased SEA investments • QoQ adj. operating income ...
Helios Technologies(HLIO) - 2023 Q4 - Annual Report
2024-02-27 21:09
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to __________ Commission file number 001-40935 HELIOS TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Inc ...
Helios Technologies(HLIO) - 2023 Q4 - Annual Results
2024-02-26 21:39
Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE Helios Technologies Reports Fourth Quarter 2023 Financial Results; Focused on Execution During a Period of Sustained Market Headwinds SARASOTA, FL, February 26, 2024 — Helios Technologies, Inc. (NYSE: HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, today reported financial results for the fourth quarter ended December 30, 2023. Results include our most recent fly ...
Helios Technologies(HLIO) - 2023 Q3 - Quarterly Report
2023-11-07 15:46
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) ☒ OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) ☐ OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 0-21835 HELIOS TECHNOLOGIES, INC. (Exact Name of Registration as Specified in its Charter) FLORIDA 59-2754337 (State or Other Jurisdiction of (I.R.S. Employer Incorporation ...