Helen of Troy (NASDAQ:HELE) Issues Quarterly Earnings Results

Helen of Troy (NASDAQ:HELE) issued its quarterly earnings results on Tuesday. The company reported $2.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.96 by $0.28, Briefing.com reports. Helen of Troy had a return on equity of 18.61% and a net margin of 10.81%. The firm had revenue of $414.00 million during the quarter, compared to analyst estimates of $390.55 million. During the same quarter in the previous year, the company posted $1.98 earnings per share. The company’s revenue was up 5.2% compared to the same quarter last year. Helen of Troy updated its FY 2020 guidance to $6.84-7.04 EPS and its FY20 guidance to $8.50-8.70 EPS.

HELE opened at $154.60 on Wednesday. The business has a 50 day simple moving average of $153.18 and a two-hundred day simple moving average of $139.06. The firm has a market capitalization of $4.02 billion, a price-to-earnings ratio of 21.27, a PEG ratio of 3.13 and a beta of 0.57. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.20 and a quick ratio of 1.04. Helen of Troy has a one year low of $108.31 and a one year high of $169.25.

In other Helen of Troy news, Director Vincent D. Carson sold 13,415 shares of the company’s stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of $146.08, for a total transaction of $1,959,663.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.77% of the company’s stock.

HELE has been the subject of several research analyst reports. ValuEngine lowered Helen of Troy from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. BidaskClub raised Helen of Troy from a “sell” rating to a “hold” rating in a research note on Friday, September 27th. DA Davidson boosted their target price on Helen of Troy from $172.00 to $184.00 and gave the company a “buy” rating in a research note on Monday. They noted that the move was a valuation call. Finally, Bank of America boosted their target price on Helen of Troy from $160.00 to $165.00 and gave the company a “buy” rating in a research note on Wednesday, July 10th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $174.50.

Helen of Troy Company Profile

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 for Helen of Troy (NASDAQ:HELE)

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