Helen of Troy (NASDAQ:HELE) Releases Earnings Results, Beats Expectations By $0.74 EPS

Helen of Troy (NASDAQ:HELE) issued its quarterly earnings results on Wednesday. The company reported $3.76 EPS for the quarter, beating the Zacks’ consensus estimate of $3.02 by $0.74, MarketWatch Earnings reports. The company had revenue of $637.70 million during the quarter, compared to the consensus estimate of $551.85 million. Helen of Troy had a return on equity of 22.98% and a net margin of 11.41%. Helen of Troy’s revenue was up 34.3% on a year-over-year basis. During the same period last year, the business posted $3.12 earnings per share.

NASDAQ:HELE traded down $6.87 during mid-day trading on Friday, reaching $216.64. 12,335 shares of the company’s stock traded hands, compared to its average volume of 317,086. Helen of Troy has a 12-month low of $104.01 and a 12-month high of $230.56. The firm has a market capitalization of $5.49 billion, a price-to-earnings ratio of 26.67, a PEG ratio of 2.19 and a beta of 0.93. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.90 and a quick ratio of 1.20. The company has a 50 day moving average price of $214.51 and a 200-day moving average price of $201.57.

Several equities analysts have weighed in on the company. BidaskClub lowered Helen of Troy from a “buy” rating to a “hold” rating in a report on Friday, January 1st. Bank of America lowered Helen of Troy from a “buy” rating to a “neutral” rating and set a $235.00 price target for the company. in a report on Friday. Sidoti began coverage on Helen of Troy in a research note on Wednesday, September 30th. They set a “neutral” rating for the company. Oppenheimer reissued a “buy” rating and set a $245.00 price objective (up previously from $235.00) on shares of Helen of Troy in a research note on Tuesday. Finally, DA Davidson lifted their price objective on Helen of Troy from $246.00 to $260.00 and gave the company a “buy” rating in a research note on Friday. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $228.00.

Helen of Troy Company Profile

Helen of Troy Limited designs, develops, imports, markets, and distributes a portfolio of consumer products worldwide. The company 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, shower organization, bathroom accessories, and gardening products; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; and insulated water bottles, jugs, thermoses, drinkware, travel mugs, and food containers.

Read More: How is diluted EPS different from basic EPS?

Earnings History for Helen of Troy (NASDAQ:HELE)

Receive News & Ratings for Helen of Troy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helen of Troy and related companies with MarketBeat.com's FREE daily email newsletter.

Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit