
HLIO Stock Forecast & Price Target
HLIO Analyst Ratings
Bulls say
Helios Technologies is expected to maintain a positive long-term growth outlook despite short-term challenges in end markets, supported by significant market share gains in the Hydraulics segment and strategic acquisitions such as the recent Balboa acquisition. The company plans to realize approximately $100 million in growth from acquisitions while also focusing on organic expansion into new products and geographical markets, demonstrating a commitment to enhancing its offerings. Overall, Helios Technologies' strategy positions the company for sustained growth, with projections indicating a sales increase of about 2% in Hydraulics, which reflects a robust fundamental foundation amid current market fluctuations.
Bears say
Helios Technologies Inc. has revised its 2023 adjusted EPS forecast downward from $3.04 to $2.26, indicating significant sales and margin pressures due to weakening demand and OEM push-outs, leading to anticipated sales declines of approximately 6.5%. The company's operational outlook reflects a deteriorating environment, with the Hydraulics segment particularly vulnerable to cyclical market influences, which could further impair growth during economic downturns. Additionally, the disappointing performance in 3Q23, where adjusted EPS came in at $0.44—below estimates—highlights an alarming trend of declining core sales by about 10% and substantial margin erosion.
This aggregate rating is based on analysts' research of Helios Technologies Inc and is not a guaranteed prediction by Public.com or investment advice.
HLIO Analyst Forecast & Price Prediction
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