Wall Street Zen Upgrades Helios Technologies (NYSE:HLIO) to “Strong-Buy”

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

A number of other equities research analysts also recently commented on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Helios Technologies in a research report on Wednesday, October 8th. Zacks Research downgraded Helios Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Helios Technologies Stock Performance

Helios Technologies stock opened at $47.10 on Friday. The company has a quick ratio of 1.41, a current ratio of 2.45 and a debt-to-equity ratio of 0.45. The business’s fifty day moving average is $52.98. The stock has a market capitalization of $1.56 billion, a P/E ratio of 45.29 and a beta of 1.26. Helios Technologies has a fifty-two week low of $24.76 and a fifty-two week high of $57.29.

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

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.