NYSE:HLIO - New York Stock Exchange, Inc. - US42328H1095 - Common Stock - Currency: USD
Rock-bottom prices don't always mean rock-bottom businesses. The stocks we're examining today have all touched their 52-week lows, creating a classic investor's dilemma: bargain opportunity or value trap?
The Russell 2000 is home to many small-cap stocks, offering investors the chance to uncover hidden gems before the broader market catches on. However, these companies often come with higher volatility and risk, as their smaller size makes them more vulnerable to economic downturns.
Shares of motion control and electronic systems manufacturer Helios Technologies (NYSE:HLIO) jumped 20.8% in the morning session after the company posted solid fourth-quarter results, with revenue narrowly exceeding analysts' expectations. But sales fell 7% from last year, hurt by a 10% drop in its hydraulics unit due to soft demand in agriculture and industrial markets. Despite the revenue decline, gross margins improved through lower material costs and operational efficiencies, helping to offs
Motion control and electronic systems manufacturer Helios Technologies (NYSE:HLIO) announced better-than-expected revenue in Q4 CY2024, but sales fell by 7.2% year on year to $179.5 million. On the other hand, the company’s full-year revenue guidance of $800 million at the midpoint came in 1.2% below analysts’ estimates. Its non-GAAP profit of $0.33 per share was 4.6% below analysts’ consensus estimates.
Motion control and electronic systems manufacturer Helios Technologies (NYSE:HLIO) will be announcing earnings results tomorrow after market close. Here’s what investors should know.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how gas and liquid handling stocks fared in Q3, starting with Helios (NYSE:HLIO).