Brokerages predict that Helen of Troy Limited (NASDAQ:HELE) will report earnings of $2.51 per share for the current quarter, Zacks reports. Zero analysts have made estimates for Helen of Troy’s earnings. The lowest EPS estimate is $2.48 and the highest is $2.54. Helen of Troy reported earnings per share of $2.40 during the same quarter last year, which suggests a positive year over year growth rate of 4.6%. The company is expected to issue its next earnings report on Tuesday, January 14th.
On average, analysts expect that Helen of Troy will report full-year earnings of $8.67 per share for the current financial year, with EPS estimates ranging from $8.61 to $8.73. For the next fiscal year, analysts forecast that the firm will report earnings of $9.19 per share, with EPS estimates ranging from $9.05 to $9.32. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that that provide coverage for Helen of Troy.
Helen of Troy (NASDAQ:HELE) last released its earnings results on Tuesday, October 8th. The company reported $2.24 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.96 by $0.28. Helen of Troy had a net margin of 10.80% and a return on equity of 18.80%. The business had revenue of $414.00 million for the quarter, compared to analyst estimates of $390.55 million. During the same period last year, the company posted $1.98 EPS. The business’s revenue was up 5.2% on a year-over-year basis.
A number of research analysts have weighed in on HELE shares. DA Davidson raised their target price on shares of Helen of Troy from $172.00 to $184.00 and gave the stock a “buy” rating in a research note on Monday, October 7th. They noted that the move was a valuation call. Bank of America raised their target price on shares of Helen of Troy from $170.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday, October 9th. BidaskClub raised shares of Helen of Troy from a “sell” rating to a “hold” rating in a research note on Tuesday, December 3rd. Finally, ValuEngine lowered shares of Helen of Troy from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. Helen of Troy currently has a consensus rating of “Hold” and an average target price of $179.50.
Hedge funds have recently added to or reduced their stakes in the company. NumerixS Investment Technologies Inc acquired a new stake in Helen of Troy in the 2nd quarter valued at approximately $26,000. Flagship Harbor Advisors LLC increased its holdings in Helen of Troy by 55.0% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 372 shares of the company’s stock valued at $58,000 after purchasing an additional 132 shares during the last quarter. Eaton Vance Management acquired a new stake in Helen of Troy in the 2nd quarter valued at approximately $200,000. Los Angeles Capital Management & Equity Research Inc. acquired a new stake in Helen of Troy in the 2nd quarter valued at approximately $219,000. Finally, Tower Research Capital LLC TRC increased its holdings in Helen of Troy by 9,811.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,685 shares of the company’s stock valued at $221,000 after purchasing an additional 1,668 shares during the last quarter. 93.67% of the stock is currently owned by hedge funds and other institutional investors.
HELE traded up $0.84 during trading on Friday, reaching $166.54. The company’s stock had a trading volume of 3,643 shares, compared to its average volume of 96,965. The company has a quick ratio of 1.07, a current ratio of 2.24 and a debt-to-equity ratio of 0.31. The firm has a fifty day simple moving average of $157.07 and a two-hundred day simple moving average of $148.59. Helen of Troy has a 1 year low of $108.31 and a 1 year high of $169.25. The company has a market cap of $4.17 billion, a price-to-earnings ratio of 22.93, a PEG ratio of 2.80 and a beta of 0.54.
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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