Earnings results for Origin Bancorp (NASDAQ:HLIO)
Helios Technologies, Inc. is expected* to report earnings on 11/02/2020 before market open. The report will be for the fiscal Quarter ending Sep 2020. According to Zacks Investment Research, based on 5 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.42. The reported EPS for the same quarter last year was $0.61.
Helios Technologies last released its quarterly earnings results on August 3rd, 2020. The reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.28. The firm had revenue of $119.29 million for the quarter, compared to analyst estimates of $103.17 million. Its quarterly revenue was down 17.1% on a year-over-year basis. Helios Technologies has generated $2.43 earnings per share over the last year and currently has a price-to-earnings ratio of 60.6. Helios Technologies has confirmed that its next quarterly earnings report will be published on Monday, November 2nd, 2020.
Analyst Opinion on Origin Bancorp (NASDAQ:HLIO)
4 Wall Street analysts have issued ratings and price targets for Helios Technologies in the last 12 months. Their average twelve-month price target is $44.25, predicting that the stock has a possible upside of 5.76%. The high price target for HLIO is $55.00 and the low price target for HLIO is $36.00. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of “Hold.”
Helios Technologies has received a consensus rating of Hold. The company’s average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings. According to analysts’ consensus price target of $44.25, Helios Technologies has a forecasted upside of 5.8% from its current price of $41.84. Helios Technologies has only been the subject of 2 research reports in the past 90 days.
Dividend Strength: Origin Bancorp (NASDAQ:HLIO)
Helios Technologies has a dividend yield of 0.86%, which is in the bottom 25% of all stocks that pay dividends. Helios Technologies has only been increasing its dividend for 1 years. The dividend payout ratio of Helios Technologies is 14.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Helios Technologies will have a dividend payout ratio of 16.00% next year. This indicates that Helios Technologies will be able to sustain or increase its dividend.
Insiders buying/selling: Origin Bancorp (NASDAQ:HLIO)
In the past three months, Helios Technologies insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $268,236.00 in company stock. Only 4.10% of the stock of Helios Technologies is held by insiders. 86.28% of the stock of Helios Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Earnings and Valuation of Origin Bancorp (NASDAQ:HLIO
Earnings for Helios Technologies are expected to grow by 14.21% in the coming year, from $1.97 to $2.25 per share. The P/E ratio of Helios Technologies is 60.64, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.59. The P/E ratio of Helios Technologies is 60.64, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 29.62. Helios Technologies has a P/B Ratio of 2.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
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