Helios Technologies, Inc (HLIO) Soars to 52-Week High, Time to Cash Out?

Core Viewpoint - Helios Technologies has shown strong stock performance, with an 8.4% increase over the past month and a 27.9% rise since the beginning of the year, outperforming both the Zacks Industrial Products sector and the Zacks Manufacturing - General Industrial industry [1] Financial Performance - The company has consistently exceeded earnings expectations, beating the Zacks Consensus Estimate in the last four quarters, with the latest EPS reported at $0.59 against a consensus of $0.49, and a revenue beat of 6.09% [2] - For the current fiscal year, Helios Technologies is projected to achieve earnings of $2.41 per share on revenues of $822.3 million, reflecting a 14.76% increase in EPS and a 2.03% increase in revenues [3] - The next fiscal year forecasts earnings of $2.57 per share on revenues of $817.4 million, indicating a year-over-year change of 6.64% in EPS and a slight decline of 0.6% in revenues [3] Valuation Metrics - The stock trades at 23.7 times the current fiscal year EPS estimates, which is comparable to the peer industry average of 23.8 times, while on a trailing cash flow basis, it trades at 14.1 times compared to the peer group's average of 17.2 times [7] - Helios Technologies has a Value Score of C, with Growth and Momentum Scores also at C, resulting in a combined VGM Score of B [6] Zacks Rank - The stock holds a Zacks Rank of 2 (Buy), supported by a positive earnings estimate revision trend, making it a suitable choice for investors looking for stocks with strong potential [8][9]