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Conference/Events
Helios Technologies participates in a conference call with Sidoti » 04:55
06/03/20
06/03
04:55
06/03/20
04:55
HLIO

Helios Technologies

$34.61 /

-0.88 (-2.48%)

Conference call with…

Conference call with management will be held on June 3 hosted by Sidoti.

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HLIO Helios Technologies
$34.61 /

-0.88 (-2.48%)

HLIO Helios Technologies
$34.61 /

-0.88 (-2.48%)

05/29/20 Morgan Stanley
Morgan Stanley upgrades Helios to Equal Weight following underperformance
05/29/20 Morgan Stanley
Helios Technologies upgraded to Equal Weight from Underweight at Morgan Stanley
03/27/20 SunTrust
Helios Technologies price target lowered to $36 from $45 at SunTrust
03/23/20 Morgan Stanley
Morgan Stanley cuts Multi-Industry estimates, shakes up ratings with 7 changes
HLIO Helios Technologies
$34.61 /

-0.88 (-2.48%)

Conference/Events
Helios Technologies participates in a conference call with Sidoti » 16:08
05/29/20
05/29
16:08
05/29/20
16:08
HLIO

Helios Technologies

$35.67 /

+0.69 (+1.97%)

Conference call with…

Conference call with management will be held on June 3 hosted by Sidoti.

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HLIO Helios Technologies
$35.67 /

+0.69 (+1.97%)

HLIO Helios Technologies
$35.67 /

+0.69 (+1.97%)

05/29/20 Morgan Stanley
Morgan Stanley upgrades Helios to Equal Weight following underperformance
05/29/20 Morgan Stanley
Helios Technologies upgraded to Equal Weight from Underweight at Morgan Stanley
03/27/20 SunTrust
Helios Technologies price target lowered to $36 from $45 at SunTrust
03/23/20 Morgan Stanley
Morgan Stanley cuts Multi-Industry estimates, shakes up ratings with 7 changes
HLIO Helios Technologies
$35.67 /

+0.69 (+1.97%)

Upgrade
Morgan Stanley upgrades Helios to Equal Weight following underperformance » 08:15
05/29/20
05/29
08:15
05/29/20
08:15
HLIO

Helios Technologies

$34.98 /

-0.29 (-0.82%)

As previously reported,…

As previously reported, Morgan Stanley analyst Joshua Pokrzywinski upgraded Helios Technologies to Equal Weight from Underweight with a price target of $38, up from $30 following underperformance of the stock during COVID-19 compared to other small cap Multi-Industry stocks he covers. With the stock's historical valuation premium eliminated, he sees a more balanced risk/reward given his more constructive outlook on short-cycle industrials, Pokrzywinski noted.

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HLIO Helios Technologies
$34.98 /

-0.29 (-0.82%)

HLIO Helios Technologies
$34.98 /

-0.29 (-0.82%)

05/29/20 Morgan Stanley
Helios Technologies upgraded to Equal Weight from Underweight at Morgan Stanley
03/27/20 SunTrust
Helios Technologies price target lowered to $36 from $45 at SunTrust
03/23/20 Morgan Stanley
Morgan Stanley cuts Multi-Industry estimates, shakes up ratings with 7 changes
03/23/20 Morgan Stanley
Helios Technologies downgraded to Underweight from Equal Weight at Morgan Stanley
HLIO Helios Technologies
$34.98 /

-0.29 (-0.82%)

Upgrade
Helios Technologies upgraded to Equal Weight from Underweight at Morgan Stanley » 05:43
05/29/20
05/29
05:43
05/29/20
05:43
HLIO

Helios Technologies

$34.98 /

-0.29 (-0.82%)

Morgan Stanley analyst…

Morgan Stanley analyst Joshua Pokrzywinski upgraded Helios Technologies to Equal Weight from Underweight with a $38 price target.

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HLIO Helios Technologies
$34.98 /

-0.29 (-0.82%)

HLIO Helios Technologies
$34.98 /

-0.29 (-0.82%)

03/27/20 SunTrust
Helios Technologies price target lowered to $36 from $45 at SunTrust
03/23/20 Morgan Stanley
Morgan Stanley cuts Multi-Industry estimates, shakes up ratings with 7 changes
03/23/20 Morgan Stanley
Helios Technologies downgraded to Underweight from Equal Weight at Morgan Stanley
12/17/19 SunTrust
Helios Technologies initiated with a Hold at SunTrust
HLIO Helios Technologies
$34.98 /

-0.29 (-0.82%)

Hot Stocks
Helios Technologies names Josef Matosevic as CEO, succeeding Tricia Fulton » 06:33
05/15/20
05/15
06:33
05/15/20
06:33
HLIO

Helios Technologies

$30.39 /

-1.06 (-3.37%)

, WBT

Welbilt

$4.45 /

-0.12 (-2.63%)

Helios Technologies…

Helios Technologies (HLIO) announced that the Board of Directors has appointed Josef Matosevic as the company's next President and CEO, effective June 9. He was also appointed to the Helios Board of Directors, effective on the same date. Matosevic succeeds Tricia Fulton, Helios's Interim President and CEO, who replaced Wolfgang Dangel when he separated from Helios in April. Fulton retains her position as Helios's CFO, a position she held in addition to the Interim President and CEO responsibilities. Also, Philippe Lemaitre will return to his role as Chairman of the Board of Helios effective June 9, after having served as Executive Chairman on an interim basis during the transition period. Matosevic most recently served as the Executive Vice President and COO of Welbilt (WBT) since August 2015, as well as Interim President and CEO during a transition period in 2018.

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WBT Welbilt
$4.45 /

-0.12 (-2.63%)

HLIO Helios Technologies
$30.39 /

-1.06 (-3.37%)

HLIO Helios Technologies
$30.39 /

-1.06 (-3.37%)

03/27/20 SunTrust
Helios Technologies price target lowered to $36 from $45 at SunTrust
03/23/20 Morgan Stanley
Morgan Stanley cuts Multi-Industry estimates, shakes up ratings with 7 changes
03/23/20 Morgan Stanley
Helios Technologies downgraded to Underweight from Equal Weight at Morgan Stanley
12/17/19 SunTrust
Helios Technologies initiated with a Hold at SunTrust
WBT Welbilt
$4.45 /

-0.12 (-2.63%)

05/06/20 Barclays
Welbilt value opportunity 'sizable' at $5 per share, says Barclays
03/23/20 KeyBanc
Welbilt price target lowered to $8.50 from $20 at KeyBanc
02/21/20 Longbow
Longbow cuts Welbilt estimates, would wait until after Q4 report to accumulate
01/17/20 Buckingham
Middleby equimpment may be used for new McDonald's sandwich, says Buckingham
WBT Welbilt
$4.45 /

-0.12 (-2.63%)

HLIO Helios Technologies
$30.39 /

-1.06 (-3.37%)

Earnings
Helios Technologies says insufficient visibility to reinstate guidance for 2020 » 16:30
05/04/20
05/04
16:30
05/04/20
16:30
HLIO

Helios Technologies

$32.42 /

-1.62 (-4.76%)

Helios Technologies…

Helios Technologies noted, "Given the significant uncertainty surrounding the eventual magnitude and duration of the impact of COVID-19 on the economy globally, we withdrew our 2020 guidance when we announced our business update on March 24th. The economic impact of the pandemic has negatively affected our sales and orders for April. We expect second quarter headwinds, but anticipate that the largest impact was in the month of April due to shutdowns of many of our global OEM customers. A portion of our backlog has been postponed from April to later in the second quarter and a smaller number of orders have been cancelled. In other cases, we do not have updated order schedules from OEMs due to their extended shutdowns. With ongoing significant uncertainty, we do not have sufficient visibility to reinstate guidance for 2020."

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HLIO Helios Technologies
$32.42 /

-1.62 (-4.76%)

03/27/20 SunTrust
Helios Technologies price target lowered to $36 from $45 at SunTrust
03/23/20 Morgan Stanley
Morgan Stanley cuts Multi-Industry estimates, shakes up ratings with 7 changes
03/23/20 Morgan Stanley
Helios Technologies downgraded to Underweight from Equal Weight at Morgan Stanley
12/17/19 SunTrust
Helios Technologies initiated with a Hold at SunTrust
Earnings
Helios Technologies reports Q1 cash EPS 56c, consensus 42c » 16:28
05/04/20
05/04
16:28
05/04/20
16:28
HLIO

Helios Technologies

$32.42 /

-1.62 (-4.76%)

Reports Q1 revenue…

Reports Q1 revenue $129.5M, consensus $121.59M. Tricia Fulton, the company's Interim President and CEO as well as CFO, commented, "Our solid first quarter performance exceeded our expectations, despite a softer demand environment compared with a year ago. Most of the quarter was business as usual for us, with the COVID-19 pandemic conditions resulting in about $5 million lower sales in the quarter. As a result of government mandates, our China operations were shut down for six weeks beginning in February through mid-March. Production at our facility in Italy was shut down for four weeks in March and April, although customer shipping activities continued. After three additional weeks of being open only for certain government approved activities, the Italian facility opened for full production today, as the government mandate was lifted. However, current economic conditions stemming from the COVID-19 pandemic resulted in the recording of a $31.9M non-cash goodwill impairment charge relating to our Faster business unit in the quarter. All of our other significant operations were deemed essential and are running near full capacity. We implemented substantial procedures to limit the spread of COVID-19 and keep our employees safe and healthy while responding to the needs of our customers."

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HLIO Helios Technologies
$32.42 /

-1.62 (-4.76%)

03/27/20 SunTrust
Helios Technologies price target lowered to $36 from $45 at SunTrust
03/23/20 Morgan Stanley
Morgan Stanley cuts Multi-Industry estimates, shakes up ratings with 7 changes
03/23/20 Morgan Stanley
Helios Technologies downgraded to Underweight from Equal Weight at Morgan Stanley
12/17/19 SunTrust
Helios Technologies initiated with a Hold at SunTrust
Hot Stocks
Helios Technologies CEO Wolfgang Dangel departs after violating company policy » 07:38
04/09/20
04/09
07:38
04/09/20
07:38
HLIO

Helios Technologies

$33.38 /

-0.21 (-0.63%)

Helios Technologies…

Helios Technologies announced that its board has named Tricia Fulton, the company's CFO, as interim president and CEO, effective immediately. In addition, the company announced that Philippe Lemaitre transitioned from chairman of the board to the newly established position of executive chairman, effective immediately. Fulton succeeds Wolfgang Dangel, who has separated from Helios following the board's determination that he violated company policy, demonstrated behavior that was inconsistent with the company's core values and code of business conduct and ethics and also exhibited poor judgment involving a consensual relationship with an employee. The violation of company policy did not involve financial misconduct, or the integrity of the company's financial systems or controls. The board has initiated a comprehensive search process to identify a permanent successor. The process will include internal and external candidates.

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HLIO Helios Technologies
$33.38 /

-0.21 (-0.63%)

03/27/20 SunTrust
Helios Technologies price target lowered to $36 from $45 at SunTrust
03/23/20 Morgan Stanley
Morgan Stanley cuts Multi-Industry estimates, shakes up ratings with 7 changes
03/23/20 Morgan Stanley
Helios Technologies downgraded to Underweight from Equal Weight at Morgan Stanley
12/17/19 SunTrust
Helios Technologies initiated with a Hold at SunTrust
Over a quarter ago
Recommendations
Helios Technologies price target lowered to $36 from $45 at SunTrust » 08:09
03/27/20
03/27
08:09
03/27/20
08:09
HLIO

Helios Technologies

$38.98 /

+3.3 (+9.25%)

SunTrust analyst James…

SunTrust analyst James Sheehan lowered the firm's price target on Helios Technologies to $36 from $45 and keeps a Hold rating on the shares. The analyst is also cutting his FY20 EPS view to $1.68 from $2.09 as the company withdrew its FY20 guidance due to uncertainty created by COVID-19 on its production capabilities and financial results. Sheehan models revenue declines of 25% and 10% in Q2 and Q3, though he sees the valuation on Helios shares as fair relative to its peers.

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HLIO Helios Technologies
$38.98 /

+3.3 (+9.25%)

03/23/20 Morgan Stanley
Morgan Stanley cuts Multi-Industry estimates, shakes up ratings with 7 changes
03/23/20 Morgan Stanley
Helios Technologies downgraded to Underweight from Equal Weight at Morgan Stanley
12/17/19 SunTrust
Helios Technologies initiated with a Hold at SunTrust
12/17/19 SunTrust
Helios Technologies initiated with a Hold at SunTrust
Hot Stocks
Helios Technologies withdraws 2020 guidance due to COVID-19 » 17:38
03/24/20
03/24
17:38
03/24/20
17:38
HLIO

Helios Technologies

$39.99 /

+1.18 (+3.04%)

Helios Technologies…

Helios Technologies provided a business update surrounding the COVID-19 pandemic and resulting uncertainty. Broad measures taken by governments, businesses and others to limit the spread of the virus are adversely affecting the company and its customers. Helios's global locations and production facilities remain fully operational at this time with the exception of the company's Faster facility in Italy. Government mandates in that country will require the temporary closure of the company's manufacturing location, which was and will remain open through March 25th for warehousing and shipping only. Effective March 26th, it will temporarily close until April 3rd, pursuant to the current mandate. Italian-based employees whose positions are amenable to remote work will continue to work from their homes and will continue to provide support to our customers. Helios is pleased to report that risk mitigation efforts undertaken in China have resulted in the successful reopening of its operations there. As a result of the evolving economic impact of COVID-19, the company believes that its 2020 financial results will be impacted, especially beginning in the second quarter, but the magnitude and duration of the impact is uncertain. In addition, production at any of its facilities may be further impacted as a result of possible future government, market or company actions due to COVID-19. For these reasons, Helios is withdrawing its 2020 guidance. The company plans to provide an update when it announces its first quarter results, currently scheduled for May 4, 2020.

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HLIO Helios Technologies
$39.99 /

+1.18 (+3.04%)

03/23/20 Morgan Stanley
Morgan Stanley cuts Multi-Industry estimates, shakes up ratings with 7 changes
03/23/20 Morgan Stanley
Helios Technologies downgraded to Underweight from Equal Weight at Morgan Stanley
12/17/19 SunTrust
Helios Technologies initiated with a Hold at SunTrust
12/17/19 SunTrust
Helios Technologies initiated with a Hold at SunTrust

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