Helios Technologies (NYSE:HLIO) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Helios Technologies (NYSE:HLIO) from a buy rating to a strong-buy rating in a research report report published on Saturday morning.

Other equities research analysts have also issued research reports about the stock. Weiss Ratings restated a “hold (c)” rating on shares of Helios Technologies in a research note on Wednesday, October 8th. Zacks Research lowered shares of Helios Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Helios Technologies Price Performance

Shares of HLIO stock opened at $48.59 on Friday. Helios Technologies has a 12 month low of $24.76 and a 12 month high of $57.29. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.45 and a quick ratio of 1.41. The firm has a market cap of $1.61 billion, a price-to-earnings ratio of 46.72 and a beta of 1.26. The business has a fifty day moving average price of $52.89.

Helios Technologies (NYSE:HLIO) last issued its quarterly earnings data on Monday, February 28th. The company reported $0.60 EPS for the quarter. Helios Technologies had a net margin of 4.46% and a return on equity of 7.33%. The firm had revenue of $151.58 million for the quarter.

Helios Technologies Company Profile

Helios Technologies, Inc, together with its subsidiaries, develops, manufactures, and sells solutions for the hydraulics and electronics markets in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Hydraulics and Electronics. The Hydraulics segment offers cartridge valve technology products to control rates and direction of fluid flow, and to regulate and control pressures for industrial and mobile applications; quick release coupling solutions for the agriculture, construction equipment, and industrial markets; and hydraulic system design that provides engineered solutions for machine users, manufacturers, or designers.