For its first fiscal quarter (ending March 31), Helios Technologies Inc (NYSE: HLIO) has reported a -35% decline in E.P.S. from $0.43 a year ago to $0.28 in the current quarter. Relative to the consensus estimate of $0.70, this was a shortfall of $-0.42. For the latest four quarters through March 31, E.P.S. were $1.00 compared to $2.52 a year ago — a decline of -60%.
Recent Price Action
Helios Technologies Inc (NYSE: HLIO) stock declined slightly by -0.04% on 5/8/24. The stock closed at $48.38. However, this decline was accompanied by below average trading volume at 71% of normal. The stock has been weak relative to the market over the last nine months but has risen 7.3% 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 D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Helios Technologies has a neutral Appreciation Score of 55 but a very low Power Rating of 12, and the Negative Value Trend Rating results.
Rating Review
In light of this discouraging new earnings information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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