Helios Technologies (NYSE:HLIO) Stock Rating Upgraded by Wall Street Zen

Helios Technologies (NYSE:HLIO) was upgraded by equities researchers at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report released on Saturday.

A number of other equities research analysts have also issued reports on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Helios Technologies in a report on Monday. Zacks Research upgraded shares of Helios Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Helios Technologies Stock Up 0.0%

HLIO stock opened at $54.17 on Friday. The stock has a market capitalization of $1.79 billion, a PE ratio of 53.63 and a beta of 1.30. The stock’s 50-day moving average is $53.38. The company has a quick ratio of 1.72, a current ratio of 2.93 and a debt-to-equity ratio of 0.44. Helios Technologies has a 52 week low of $24.76 and a 52 week high of $58.80.

Helios Technologies (NYSE:HLIO) last posted its quarterly earnings data on Monday, November 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.07. Helios Technologies had a return on equity of 7.74% and a net margin of 4.18%.The company had revenue of $220.30 million for the quarter, compared to analysts’ expectations of $213.10 million.

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.