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In a challenging market environment, Helios Technologies’ stock (NYSE:HLIO) has touched a 52-week low, with shares falling to $32.89. According to InvestingPro data, the company maintains strong fundamentals with a current ratio of 2.77x and has consistently paid dividends for 29 consecutive years, despite current market pressures. The industrial technology company, known for its innovative solutions in hydraulics and electronics, has faced significant headwinds over the past year, reflected in a substantial 1-year change with a decline of 25.73%. Investors have been cautious as the company navigates through a period marked by economic uncertainty and competitive pressures, leading to this notable dip in its stock price. The current low represents a critical juncture for Helios Technologies, as stakeholders closely monitor the company’s performance and strategic responses to these market conditions. With analyst price targets ranging from $55 to $65, and the company maintaining profitability with an EBITDA of $149.5 million, deeper insights and additional ProTips are available through InvestingPro’s comprehensive research reports.
In other recent news, Helios Technologies reported its fourth-quarter 2024 financial results, revealing a mixed performance. The company exceeded revenue expectations by reporting $179.5 million, surpassing the market consensus of $176.21 million. However, Helios fell short of earnings per share (EPS) projections, posting $0.33 against the anticipated $0.41. Despite this earnings miss, the company remains optimistic about the future, providing guidance for 2025 with expected revenue between $775 million and $825 million. Stifel analysts maintained their Buy rating on Helios Technologies, with a price target of $60, reflecting confidence in the company’s strategic direction. Helios also declared a quarterly cash dividend of $0.09 per share, continuing its 28-year streak of consecutive payouts. The company plans a $100 million share repurchase program, indicating strong cash flow and commitment to shareholder value. Helios Technologies’ leadership has been actively engaging with investors to clarify its growth strategies and long-term objectives.
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