Added to YB: 2024-11-05
Pitch date: 2024-09-30
HLIO [bullish]
Helios Technologies, Inc.
+23.26%
current return
Author Info
No bio for this author
Company Info
Helios Technologies, Inc., together with its subsidiaries, provides engineered motion control and electronic controls technology solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Market Cap
$1.8B
Pitch Price
$46.86
Price Target
N/A
Dividend
0.67%
EV/EBITDA
14.01
P/E
53.17
EV/Sales
2.68
Sector
Machinery
Category
turnaround
Diamond Hill Small-Mid Cap Strategy New Position: Helios Technologies, Inc.
HLIO: Hydraulic/electronic component supplier for construction/ag equipment. Diversifying into high-tech integrated systems. Market overreacted to cyclical headwinds, execution issues, excess capacity. Recovery in end markets + higher-value systems sales = significant margin/earnings growth potential. Current valuation doesn't reflect upside.
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