Brokerages expect Hollysys Automation Technologies Ltd (NASDAQ:HOLI) to announce $0.59 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Hollysys Automation Technologies’ earnings. Hollysys Automation Technologies posted earnings of $0.73 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 19.2%. The firm is scheduled to issue its next quarterly earnings results on Friday, February 21st.

On average, analysts expect that Hollysys Automation Technologies will report full-year earnings of $2.37 per share for the current fiscal year, with EPS estimates ranging from $2.33 to $2.40. For the next year, analysts expect that the firm will post earnings of $2.56 per share, with EPS estimates ranging from $2.48 to $2.64. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover Hollysys Automation Technologies.

Hollysys Automation Technologies (NASDAQ:HOLI) last posted its quarterly earnings results on Wednesday, November 13th. The industrial products company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.48 by $0.01. The company had revenue of $123.23 million during the quarter. Hollysys Automation Technologies had a return on equity of 15.00% and a net margin of 22.90%.

Several equities research analysts have commented on the company. Zacks Investment Research upgraded Hollysys Automation Technologies from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th. TheStreet cut shares of Hollysys Automation Technologies from a “b-” rating to a “c” rating in a research report on Monday, August 5th. BidaskClub downgraded shares of Hollysys Automation Technologies from a “sell” rating to a “strong sell” rating in a research note on Friday, October 4th. Goldman Sachs Group raised shares of Hollysys Automation Technologies from a “neutral” rating to a “buy” rating and set a $18.70 price objective for the company in a research report on Monday, November 4th. Finally, ValuEngine upgraded Hollysys Automation Technologies from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 2nd. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the stock. Hollysys Automation Technologies has an average rating of “Hold” and a consensus price target of $20.23.

Shares of Hollysys Automation Technologies stock opened at $14.60 on Thursday. The business’s fifty day moving average price is $14.89 and its 200 day moving average price is $16.50. Hollysys Automation Technologies has a twelve month low of $13.59 and a twelve month high of $24.10. The company has a current ratio of 3.39, a quick ratio of 3.25 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $887.63 million, a P/E ratio of 6.46 and a beta of 1.38.

The business also recently disclosed an annual dividend, which was paid on Tuesday, November 12th. Shareholders of record on Tuesday, October 22nd were issued a dividend of $0.21 per share. This is a positive change from Hollysys Automation Technologies’s previous annual dividend of $0.18. This represents a yield of 1.38%. The ex-dividend date of this dividend was Monday, October 21st. Hollysys Automation Technologies’s dividend payout ratio (DPR) is currently 9.29%.

Several institutional investors have recently modified their holdings of the company. FMR LLC increased its holdings in Hollysys Automation Technologies by 54.1% in the first quarter. FMR LLC now owns 89,436 shares of the industrial products company’s stock valued at $1,873,000 after buying an additional 31,390 shares during the last quarter. Manning & Napier Group LLC acquired a new position in Hollysys Automation Technologies during the 2nd quarter valued at about $2,186,000. SG Americas Securities LLC bought a new position in Hollysys Automation Technologies in the 2nd quarter worth about $220,000. First Trust Advisors LP grew its position in Hollysys Automation Technologies by 56.3% in the 2nd quarter. First Trust Advisors LP now owns 28,997 shares of the industrial products company’s stock worth $551,000 after purchasing an additional 10,441 shares during the last quarter. Finally, CWM LLC increased its stake in shares of Hollysys Automation Technologies by 167.0% in the second quarter. CWM LLC now owns 1,335 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 835 shares during the period. Institutional investors and hedge funds own 74.77% of the company’s stock.

About Hollysys Automation Technologies

Hollysys Automation Technologies Ltd. provides automation and control technologies and products in the People's Republic of China, Southeast Asia, India, and the Middle East. The company offers a suite of industrial automation systems, including third-party hardware-centric products, such as instrumentation and actuators; proprietary software-centric distributed control systems/programmable logic controllers; and valued-added software packages comprising real-time management information system, HolliAS asset management system, operator training system, HolliAS batch application package, HolliAS advanced process control package, and safety instrumentation system, as well as HOLLiAS-NMS DCS, a proprietary nuclear power non-safety automation and control system.

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