Helios Tech stock price target raised to $45 from $40 at KeyBanc

Investing.com - KeyBanc raised its price target on Helios Technologies (NYSE:HLIO) to $45.00 from $40.00 on Tuesday, while maintaining an Overweight rating on the stock. The $1.54 billion market cap company currently trades at a P/E ratio of 41.4x, with analyst targets ranging from $43 to $52.

The price target increase follows Helios Tech’s second-quarter 2025 earnings release, which KeyBanc viewed positively due to signs of stabilization in the company’s key end markets. The company maintains strong liquidity with a current ratio of 2.78, and has sustained dividend payments for 29 consecutive years. According to InvestingPro, which offers comprehensive analysis and additional insights, the stock is currently trading above its Fair Value.

KeyBanc noted greater evidence of management’s more rigorous approach to evaluating the company’s portfolio and footprint, contributing to the firm’s increased confidence in its long-term thesis.

The investment bank described Helios as an "early-stages self-help story" and considers current stock levels to represent an attractive entry point for investors.

KeyBanc’s analyst expressed "incremental conviction" in the long-term outlook for Helios Technologies following the company’s latest quarterly results and strategic initiatives.

In other recent news, Helios Technologies reported strong second-quarter earnings, with revenue reaching $212.5 million. This figure exceeded both Stifel’s estimate of $200.3 million and the Street consensus of $203.0 million. The company’s adjusted earnings per share were $0.59, surpassing Stifel’s forecast of $0.49 and the Street’s expectation of $0.51. Following these results, Stifel reiterated its Buy rating and maintained a $43.00 price target for Helios Technologies. Additionally, the company raised its full-year outlook, reflecting confidence in its future performance. Helios Technologies also announced plans to divest its CFP unit to streamline operations and focus on its core brands. These recent developments highlight the company’s strategic efforts to enhance its business focus and financial performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.