Helios Technologies Inc. (NASDAQ:HLIO) Relative Strength Index (RSI) is 52.13, with weekly volatility at 4.42% and ATR at 1.89. The HLIO stock’s 52-week price range has touched low of $29.03 and a $49.49 high. Intraday shares traded counted 0.44 million, which was -114.78% lower than its 30-day average trading volume of 206.36K. Its shares traded lower over the last trading session, losing -0.84% on 06/26/20. The shares fell to a low of $35.92 before closing at $36.60. HLIO’s previous close was $36.91 while the outstanding shares total 32.06M. The firm has a beta of 1.21, a 12-month trailing P/E ratio of 43.99, and a growth ratio of 19.13.
Investors have identified the Specialty Industrial Machinery company Helios Technologies Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $1.18 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Helios Technologies Inc. (HLIO) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For HLIO, the company has in raw cash 27.29 million on their books with 7.37 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 204986000 million total, with 78393000 million as their total liabilities.
HLIO were able to record 12.13 million as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 5.13 million. In cash movements, the company had a total of 15.07 million as operating cash flow.
Potential earnings growth for Helios Technologies Inc. (HLIO)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Helios Technologies Inc. recorded a total of 129.48 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -13.41% coming in sequential stages and their sales for the third quarter increasing by 2.75%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 77.63 million trying to sell their products during the last quarter, with the result yielding a gross income of 51.85 million. This allows shareholders to hold on to 32.06M with the revenue now reading -0.54 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.41 cents a share).
Having a look at the company’s valuation, the company is expected to record 2.43 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on HLIO sounds very interesting.
Is the stock of HLIO attractive?
In related news, Chief Financial Officer, Fulton Tricia L sold 1,500 shares of the company’s stock in a transaction that recorded on Jan 16. The sale was performed at an average price of 48.00, for a total value of 72,000. As the sale deal closes, the Director, KOSKI CHRISTINE L now sold 20,000 shares of the company’s stock, valued at 960,450. Also, Director, KOSKI CHRISTINE L sold 20,000 shares of the company’s stock in a deal that was recorded on Dec 20. The shares were price at an average price of 45.60 per share, with a total market value of 911,964. Following this completion of acquisition, the Director, KOSKI CHRISTINE L now holds 20,000 shares of the company’s stock, valued at 913,594. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.80%.
1 out of 8 analysts covering the stock have rated it a Buy, while 7 have maintained a Hold recommendation on Helios Technologies Inc.. 0 analysts has assigned a Sell rating on the HLIO stock. The 12-month mean consensus price target for the company’s shares has been set at $35.80.