Helen of Troy (NASDAQ:HELE) issued its quarterly earnings results on Wednesday. The company reported $3.76 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $3.02 by $0.74, MarketWatch Earnings reports. The company had revenue of $637.70 million for 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%. The company’s revenue for the quarter was up 34.3% on a year-over-year basis. During the same period in the previous year, the business posted $3.12 EPS.
Shares of HELE traded down $9.35 during trading hours on Friday, hitting $214.16. 23,362 shares of the stock traded hands, compared to its average volume of 317,086. The business has a fifty day moving average of $214.51 and a 200-day moving average of $201.57. The firm has a market capitalization of $5.43 billion, a PE ratio of 25.37, a price-to-earnings-growth ratio of 2.19 and a beta of 0.93. The company has a current ratio of 1.90, a quick ratio of 1.20 and a debt-to-equity ratio of 0.23. Helen of Troy has a 1-year low of $104.01 and a 1-year high of $230.56.
Several research analysts have commented on HELE shares. Bank of America downgraded Helen of Troy from a “buy” rating to a “neutral” rating and set a $235.00 price target on the stock. in a research report on Friday. BidaskClub cut Helen of Troy from a “buy” rating to a “hold” rating in a research report on Friday, January 1st. Sidoti began coverage on Helen of Troy in a research report on Wednesday, September 30th. They set a “neutral” rating on the stock. DA Davidson boosted their price objective on Helen of Troy from $246.00 to $260.00 and gave the company a “buy” rating in a research report on Friday. Finally, ValuEngine cut Helen of Troy from a “hold” rating to a “sell” rating in a research report on Thursday. Two analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $228.00.
About Helen of Troy
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.
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