Hydraulics maker Helios' Q3 sales rise 13% beating analyst expectations

Helios Technologies

03/11/2025 21:28

Overview

Helios Q3 sales grow 13% yr/yr, beating analyst expectations

Adjusted EPS for Q3 beats consensus, reflecting improved operational performance

Company reduced debt by $64 mln, improving net debt-to-EBITDA leverage ratio

Outlook

Helios anticipates FY25 adjusted EBITDA margin of 19.1%-19.4%

Result Drivers

SALES GROWTH - Hydraulics segment sales increased 9% driven by mobile and agriculture markets

ELECTRONICS DEMAND - Electronics segment sales rose 21% due to growth in recreational, mobile, and industrial markets

GROSS MARGIN EXPANSION - Gross margin expanded 200 bps due to higher volume and lower direct labor costs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$220.3 mln
$211.30 mln (5 Analysts)
Q3 Adjusted EPS
Beat
$0.72
$0.66 (5 Analysts)
Q3 Net Income
$10.3 mln
Q3 Adjusted EBITDA
Beat
$45.10 mln
$42.60 mln (5 Analysts)
Q3 Gross Margin
33.10%
Q3 Operating income
$1.30 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

Wall Street's median 12-month price target for Helios Technologies Inc is $58.00, about 4.6% above its October 31 closing price of $55.36

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nBw2cjx5ka

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)