Helios Technologies (HLIO) Earnings Preview: What to Expect on November 5th
Get ready for the upcoming quarterly earnings announcement from Helios Technologies (HLIO) scheduled for Tuesday, November 5th, 2024. Investors are eagerly awaiting this release, hoping for positive news about the company’s performance and optimistic guidance for the coming quarter. Analysts are currently predicting an earnings per share (EPS) of $0.56 for the period.
Understanding the Importance of Guidance
It’s crucial for investors, especially new ones, to recognize the significant influence guidance can have on stock prices. A company’s outlook for future performance often sets the tone for investor expectations, impacting how the market reacts to its earnings release.
Helios Technologies’ Recent Performance
In the previous quarter, Helios Technologies exceeded EPS estimates by $0.03, resulting in a 6.41% increase in the company’s share price the following day. Let’s take a look at their past performance and the corresponding price changes:
| Quarter | EPS Estimate | EPS Actual | Price Change % |
|———–|————–|————-|—————-|
| Q2 2024 | 0.61 | 0.64 | 6.0% |
| Q1 2024 | 0.44 | 0.53 | 7.0% |
| Q4 2023 | 0.27 | 0.38 | 6.0% |
| Q3 2023 | 0.70 | 0.44 | -17.0% |
Current Market Sentiment
As of November 1st, shares of Helios Technologies were trading at $47.95. Over the past 52 weeks, the stock has experienced a positive trajectory, showing a 15.14% increase. This generally positive performance suggests that long-term investors are likely feeling optimistic heading into this earnings release.
Analysts’ Views on Helios Technologies
Staying informed about market sentiment and expectations within the industry is crucial for investors. Let’s explore the latest insights on Helios Technologies. Based on 1 analyst rating, the consensus view is a ‘Buy’ for Helios Technologies. The average one-year price target is $63.0, indicating a potential upside of 31.39%.
Comparative Analysis with Peers
To gain a broader perspective, let’s compare Helios Technologies’ performance against three key industry players: Hillenbrand, Kennametal, and Hyster Yale.
| Company | Consensus Rating | Average 1-Year Price Target | Potential Upside/Downside |
|——————–|——————-|—————————–|————————–|
| Helios Technologies | Buy | $63.0 | 31.39% Upside |
| Hillenbrand | Neutral | $33.0 | 31.18% Downside |
| Kennametal | Neutral | $25.0 | 47.86% Downside |
| Hyster Yale | Buy | $84.0 | 75.18% Upside |
Key Takeaways from Peer Analysis
– Helios Technologies stands out among its peers with its top ranking in terms of revenue growth and gross profit.
– The company holds a middle position in terms of consensus rating and return on equity.
A Closer Look at Helios Technologies’ Business
Helios Technologies Inc. is a prominent player in the industrial technology sector. The company specializes in developing, manufacturing, and marketing solutions for the hydraulics and electronics markets. Its operations are divided into two key segments:
–
Hydraulics:
This segment focuses on the design and manufacture of hydraulic cartridge valves, quick-release couplings, and complete hydraulic systems.–
Electronics:
This segment focuses on the design and manufacture of custom electronic control systems and displays for a variety of industries, including industrial and mobile, recreational, health, and wellness.Financial Performance Snapshot
–
Market Capitalization:
Helios Technologies’ market capitalization falls below industry benchmarks, suggesting a smaller scale relative to its peers. This could be attributed to factors like growth expectations or operational capacity.–
Revenue Growth:
Over the past three months (as of June 30, 2024), Helios Technologies experienced a decline of approximately -3.38% in revenue growth. This indicates a reduction in the company’s top-line earnings. Compared to its peers, Helios Technologies’ revenue growth lags behind the average for the Industrials sector.–
Net Margin:
Helios Technologies boasts an exceptional net margin that surpasses industry averages. With a remarkable net margin of 6.18%, the company demonstrates strong profitability and effective cost management.–
Return on Equity (ROE):
Helios Technologies’ ROE is below industry averages, suggesting potential challenges in efficiently utilizing equity capital. The company’s ROE of 1.58% indicates potential hurdles in achieving optimal financial returns.–
Return on Assets (ROA):
Helios Technologies’ ROA also falls below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.86%, the company may face similar hurdles in maximizing financial returns.–
Debt Management:
Helios Technologies’ debt-to-equity ratio is below the industry average, indicating a healthier balance between debt and equity. With a ratio of 0.58, the company relies less on debt financing, which can be viewed positively by investors.Stay Informed with Helios Technologies’ Earnings Calendar
To stay up-to-date on all earnings releases for Helios Technologies, be sure to visit our earnings calendar for the latest information.
