Helios Technologies (HLIO) closed the last trading session at $47.99, gaining 6.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $65.50 indicates a 36.5% upside potential. The mean estimate comprises four short-term price targets with a standard deviation of $9.57. While the lowest estimate of $58 indicates a 20.9% increase from the current price level, the most optimistic analys ...

From a technical perspective, Helios Technologies, Inc (HLIO) is looking like an interesting pick, as it just reached a key level of support. HLIO's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world. There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a long ...

Investors might want to bet on Helios Technologies (HLIO) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. The upward trend in estimate revisions for this maker of screw-in hydraulic cartridge valves and manifolds reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empi ...

Shares of Helios Technologies (HLIO) have gained 11.3% over the past four weeks to close the last trading session at $51.18, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $65.50 indicates a potential upside of 28%. The mean estimate comprises four short-term price targets with a standard deviation of $9.57. While the lowest estimate of $58 indicates a 13.3% increase from the c ...

Tania Almond Operator Nathan Jones Tania Almond Josef Matosevic Nathan Jones Sean Bagan And so, we're feeling some of that coming back. Some of that was validated. Josef and I were just over there last month and clearly seen some green shoots as he highlighted and has prepared remarks there. So, I think that's a little bit of what we're feeling. We were probably on the earlier side of the cycle from supplying a manufacturer. And I think we're kind of getting through that already. Okay, thanks for that. And ...

Helios Technologies (HLIO) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.78%. A quarter ago, it was expected that this maker of screw-in hydraulic cartridge valves and manifolds would post earnings of $0.25 per share when it actually produced earnings of $0.38, delivering a surpr ...

Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE Helios Technologies Reports First Quarter 2024 Financial Results; Strong Sequential Growth for a Solid Start to the Year SARASOTA, FL, May 8, 2024 — Helios Technologies, Inc. (NYSE: HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, today reported financial results for the first quarter ended March 30, 2024. Results include our most recent flywheel acquisitions of S ...

Financial Data and Key Metrics Changes - Sales for the fourth quarter came in at the higher end of expectations, with a 4% improvement in the Americas, a 10% decline in EMEA, and a 5% decline in APAC compared to the previous year [12] - Gross profit declined by $7.9 million year-over-year, with gross margin contracting 360 basis points to 28.6% [14] - Adjusted EBITDA for the quarter was $32.3 million, or 16.7% of sales, reflecting the impact of lower volume and investments offset by cost reduction initiatives [16] - The effective tax rate for the fourth quarter was 23.3%, with diluted Non-GAAP EPS of $0.38, which included an $0.08 impact from increased interest expense [17] Business Line Data and Key Metrics Changes - Hydraulics segment sales were down 5% year-over-year, with gross profit declining by $7.4 million and gross margin contracting 390 basis points [18][20] - Electronics segment sales improved by $3.9 million, or 7% year-over-year, but faced a 14% sequential decline [21][22] - SEA expenses for the Hydraulics segment declined sequentially by $1.5 million, or 7%, compared to the third quarter [20] Market Data and Key Metrics Changes - The health and wellness market saw year-over-year growth for the first time since Q1 2022, although it had contracted in the first three quarters of 2023 [13] - The construction and industrial markets showed mixed results, with some recovery noted in Hydraulics [47] Company Strategy and Development Direction - The company is focused on operational excellence through investments in manufacturing strategy, including the establishment of Centers of Excellence and regional manufacturing expansions [5][6] - The strategy includes filling product and solution gaps, diversifying revenues, and building talent through acquisitions [7] - The company aims to execute a profitable sales growth plan while maintaining investment and cost discipline [26][27] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for 2024, highlighting the importance of execution and financial discipline to deliver returns on investments [29][27] - The company anticipates a challenging first half of 2024 but expects growth in the latter half, with revenue guidance of $840 million to $860 million [25][41] Other Important Information - The company generated free cash flow of $25 million in the fourth quarter, with capital expenditures at 4% of sales for the year [37] - The balance sheet remained stable, with cash and cash equivalents at $32.4 million and $200.1 million available on revolving lines of credit [38] Q&A Session Summary Question: What end markets have the lowest visibility and potential improvement? - Management noted mixed trends in Hydraulics, with construction and industrial areas showing some recovery, while Electronics faced challenges [47] Question: What is the mix of OEM and distributors in 2023 and expectations for 2024? - The company saw a shift towards OEMs, increasing from 55% in 2022 to over 60% in 2023, with expectations for this trend to continue [48] Question: What are the cash flow expectations for 2024? - Management indicated a focus on capital allocation in manufacturing operations, new product development, and additional capacity to support growth [49][50] Question: What is the underlying demand perspective across businesses? - Management characterized a small uptick in Hydraulics distributor inventory, with an overall increase in demand across most businesses, except for marine products [56] Question: What is the guidance for system sales and their impact? - Management indicated that while system sales are not included in guidance for 2024, there is a better than zero chance of benefits from these sales [86][87]

• Amortization of intangible assets increased 9% to $8.2 million YoY reflecting the Company's flywheel acquisitions • Net interest expense: 4Q23 level down $0.1 million QoQ due to total debt reduction of 4%; up $3.6 million YoY due to higher interest rates and increased average net debt balance related to the debt financing of 1H23 acquisitions Operating Income and Margin • YoY operating income and margin declined reflecting reduced revenues and slightly increased SEA investments • QoQ adj. operating income ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to __________ Commission file number 001-40935 HELIOS TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Inc ...