Brokerages forecast that Hollysys Automation Technologies, Ltd. (NASDAQ:HOLI) will report earnings of $0.39 per share for the current fiscal quarter, according to Zacks. Zero analysts have made estimates for Hollysys Automation Technologies’ earnings. Hollysys Automation Technologies reported earnings of $0.18 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 116.7%. The company is expected to report its next earnings results on Tuesday, February 13th.

On average, analysts expect that Hollysys Automation Technologies will report full year earnings of $1.83 per share for the current year, with EPS estimates ranging from $1.81 to $1.84. For the next year, analysts expect that the firm will report earnings of $2.19 per share, with EPS estimates ranging from $2.18 to $2.19. Zacks’ EPS calculations are an average based on a survey of analysts that cover Hollysys Automation Technologies.

Hollysys Automation Technologies (NASDAQ:HOLI) last issued its quarterly earnings results on Monday, November 13th. The industrial products company reported $0.36 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.04. The company had revenue of $115.50 million for the quarter. Hollysys Automation Technologies had a return on equity of 9.65% and a net margin of 15.46%. The company’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.37 earnings per share.

HOLI has been the topic of several research analyst reports. TheStreet raised Hollysys Automation Technologies from a “c+” rating to a “b” rating in a research report on Thursday, August 10th. J P Morgan Chase & Co raised Hollysys Automation Technologies from a “neutral” rating to an “overweight” rating and set a $22.60 price target on the stock in a research report on Tuesday, August 15th. Instinet reaffirmed a “reduce” rating and issued a $12.31 price target on shares of Hollysys Automation Technologies in a research report on Tuesday, August 15th. Zacks Investment Research downgraded Hollysys Automation Technologies from a “hold” rating to a “sell” rating in a research report on Wednesday, August 16th. Finally, Deutsche Bank reaffirmed a “buy” rating and issued a $25.00 price target (up from $23.00) on shares of Hollysys Automation Technologies in a research report on Monday, October 2nd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $21.52.

Hedge funds have recently added to or reduced their stakes in the stock. Macquarie Group Ltd. acquired a new stake in Hollysys Automation Technologies during the second quarter worth about $2,693,000. California Public Employees Retirement System grew its position in Hollysys Automation Technologies by 5.2% during the second quarter. California Public Employees Retirement System now owns 281,300 shares of the industrial products company’s stock worth $4,672,000 after buying an additional 13,900 shares in the last quarter. First Trust Advisors LP grew its position in Hollysys Automation Technologies by 58.2% during the second quarter. First Trust Advisors LP now owns 116,266 shares of the industrial products company’s stock worth $1,931,000 after buying an additional 42,789 shares in the last quarter. FMR LLC grew its position in Hollysys Automation Technologies by 23.7% during the second quarter. FMR LLC now owns 70,851 shares of the industrial products company’s stock worth $1,177,000 after buying an additional 13,560 shares in the last quarter. Finally, Edinburgh Partners Ltd grew its position in Hollysys Automation Technologies by 235.5% during the third quarter. Edinburgh Partners Ltd now owns 61,400 shares of the industrial products company’s stock worth $1,327,000 after buying an additional 43,100 shares in the last quarter. 70.72% of the stock is currently owned by institutional investors and hedge funds.

Shares of Hollysys Automation Technologies (NASDAQ:HOLI) traded down $0.63 during trading hours on Wednesday, hitting $23.65. The stock had a trading volume of 188,400 shares, compared to its average volume of 383,643. The firm has a market capitalization of $1,430.00, a P/E ratio of 21.68 and a beta of 1.57. Hollysys Automation Technologies has a 12 month low of $15.08 and a 12 month high of $27.19. The company has a current ratio of 2.82, a quick ratio of 2.67 and a debt-to-equity ratio of 0.03.

The company also recently announced an annual dividend, which was paid on Monday, November 6th. Investors of record on Monday, October 16th were given a dividend of $0.12 per share. This represents a yield of 0.56%. The ex-dividend date of this dividend was Friday, October 13th. Hollysys Automation Technologies’s dividend payout ratio (DPR) is presently 10.71%.

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Hollysys Automation Technologies Company Profile

Hollysys Automation Technologies Ltd. is a provider of automation and control technologies, and products. The Company’s segments include Industrial Automation (IA), Rail Transportation (rail), Mechanical and Electrical (M&E), and Miscellaneous. Its technologies are applied through its industrial automation solution suite, including the Distributed Control Systems, Programmable Logic Controller, Real-time Management Information System, HolliAS Asset Management System, Operator Training System, Batch Application Package, Advanced Process Control Package (HolliAS APC Suite), Safety Instrumentation System (SIS), railway signaling system of Train Control Center, Automatic Train Protection, Subway Supervisory and Control platform, nuclear power non-safety automation and control system HolliAs-NMS DCS and other products.

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