Q1 2020 Earnings Estimate for Helen of Troy Limited (HELE) Issued By DA Davidson

Helen of Troy Limited (NASDAQ:HELE) – Equities researchers at DA Davidson reduced their Q1 2020 earnings estimates for shares of Helen of Troy in a research report issued on Monday, April 29th, Zacks Investment Research reports. DA Davidson analyst L. Weiser now expects that the company will post earnings per share of $1.40 for the quarter, down from their previous estimate of $1.54. DA Davidson currently has a “Buy” rating on the stock. DA Davidson also issued estimates for Helen of Troy’s Q3 2020 earnings at $2.43 EPS, Q4 2020 earnings at $1.84 EPS, FY2020 earnings at $7.42 EPS and FY2021 earnings at $7.82 EPS.

Several other analysts have also recently issued reports on HELE. Zacks Investment Research cut shares of Helen of Troy from a “hold” rating to a “sell” rating in a research note on Monday, January 21st. ValuEngine cut shares of Helen of Troy from a “buy” rating to a “hold” rating in a research note on Wednesday, April 3rd. BidaskClub cut shares of Helen of Troy from a “hold” rating to a “sell” rating in a research note on Wednesday, February 27th. Finally, Sidoti cut shares of Helen of Troy from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 8th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. Helen of Troy presently has an average rating of “Hold” and a consensus price target of $141.67.

Shares of HELE stock traded up $0.05 during trading on Thursday, reaching $137.25. 200,100 shares of the company’s stock traded hands, compared to its average volume of 301,448. Helen of Troy has a 1 year low of $89.65 and a 1 year high of $145.46. The company has a current ratio of 1.94, a quick ratio of 0.97 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $3.42 billion, a P/E ratio of 18.88, a PEG ratio of 3.28 and a beta of 0.68.

Helen of Troy (NASDAQ:HELE) last announced its quarterly earnings results on Friday, April 26th. The company reported $1.82 EPS for the quarter, beating the Zacks’ consensus estimate of $1.38 by $0.44. The company had revenue of $384.80 million for the quarter, compared to analysts’ expectations of $364.66 million. Helen of Troy had a net margin of 10.77% and a return on equity of 18.54%. Helen of Troy’s revenue was down .7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.69 EPS.

Several hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. grew its holdings in shares of Helen of Troy by 4.5% during the 4th quarter. BlackRock Inc. now owns 3,197,246 shares of the company’s stock valued at $419,416,000 after purchasing an additional 137,467 shares during the last quarter. Vanguard Group Inc. grew its holdings in Helen of Troy by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 2,369,993 shares of the company’s stock worth $310,232,000 after acquiring an additional 16,942 shares during the last quarter. Vanguard Group Inc grew its holdings in Helen of Troy by 0.7% in the 3rd quarter. Vanguard Group Inc now owns 2,369,993 shares of the company’s stock worth $310,232,000 after acquiring an additional 16,942 shares during the last quarter. Fisher Asset Management LLC grew its holdings in Helen of Troy by 1.0% in the 4th quarter. Fisher Asset Management LLC now owns 766,662 shares of the company’s stock worth $100,571,000 after acquiring an additional 7,374 shares during the last quarter. Finally, Victory Capital Management Inc. grew its holdings in Helen of Troy by 154.6% in the 1st quarter. Victory Capital Management Inc. now owns 670,569 shares of the company’s stock worth $77,759,000 after acquiring an additional 407,141 shares during the last quarter. 96.34% of the stock is currently owned by institutional investors.

In related news, Director Timothy F. Meeker sold 2,400 shares of the stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $144.00, for a total transaction of $345,600.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.62% of the stock is currently owned by company insiders.

About Helen of Troy

Helen of Troy Limited designs, develops, imports, markets, and distributes a portfolio of consumer products worldwide. It operates in three segments: Housewares, Health & Home, and Beauty. The Housewares segment offers food and beverage preparation tools and gadgets, storage containers, and organization products; household cleaning products, and shower organization, bathroom accessories, and gardening products; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; and insulated water bottles, jugs, drinkware, travel mugs, and food containers.

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Earnings History and Estimates for Helen of Troy (NASDAQ:HELE)

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