Helios Technologies Inc (HLIO) stock forecast: Can it reach its 52-week high of $57.29

Currently, Helios Technologies Inc [HLIO] is trading at $32.82, up 4.22%. An important factor to consider is whether the stock is rising or falling in short-term value. The HLIO shares have gain 18.31% over the last week, with a monthly amount glided 21.87%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Helios Technologies Inc [NYSE: HLIO] stock has seen the most recent analyst activity on July 09, 2024, when KeyBanc Capital Markets downgraded its rating to a Sector Weight. Previously, CJS Securities started tracking the stock with Market Outperform rating on March 31, 2023, and set its price target to $78. On March 31, 2022, Barrington Research initiated with a Outperform rating and assigned a price target of $107 on the stock. Stifel upgraded its rating to a Buy and increased its price target to $95 on March 22, 2022. KeyBanc Capital Markets upgraded its rating to a Overweight but $90 remained the price target by the analyst firm on March 14, 2022. Robert W. Baird upgraded its rating to Outperform for this stock on October 12, 2020, but kept the price target unchanged to $55. In a note dated May 29, 2020, Morgan Stanley upgraded an Equal-Weight rating on this stock but restated the target price of $38.

This stock has fluctuated between a low of $24.76 and a high of $57.29 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $35 within the next 12 months. Helios Technologies Inc [NYSE: HLIO] shares were valued at $32.82 at the most recent close of the market. An investor can expect a potential return of 6.64% based on the average HLIO price forecast.

Analyzing the HLIO fundamentals

Trailing Twelve Months sales for Helios Technologies Inc [NYSE:HLIO] were 789.40M which represents -7.78% decline. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.04 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.48.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 32.27 points at the first support level, and at 31.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.61, and for the 2nd resistance point, it is at 34.39.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Helios Technologies Inc [NYSE:HLIO] is 2.78. On the other hand, the Quick Ratio is 1.45, and the Cash Ratio is 0.32. Considering the valuation of this stock, the price to sales ratio is 1.39, the price to book ratio is 1.24 and price to earnings (TTM) ratio is 29.46.

Transactions by insiders

Recent insider trading involved Arduini Matteo, President of Hydraulics, EMEA, that happened on Nov 25 ’24 when 4000.0 shares were sold. Director, Sacchi Diana completed a deal on Nov 07 ’24 to sell 615.0 shares. Meanwhile, Director DIANA SACCHI bought 615.0 shares on Nov 07 ’24.

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