Helen of Troy (NASDAQ:HELE) announced 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 during the quarter, compared to analyst estimates of $551.85 million. Helen of Troy had a return on equity of 22.98% and a net margin of 11.41%. The firm’s revenue was up 34.3% on a year-over-year basis. During the same period in the prior year, the firm posted $3.12 earnings per share.
Shares of HELE traded down $10.42 during trading on Friday, reaching $213.09. The company’s stock had a trading volume of 20,711 shares, compared to its average volume of 317,086. The company has a market cap of $5.40 billion, a price-to-earnings ratio of 25.37, a P/E/G ratio of 2.19 and a beta of 0.93. The company has a quick ratio of 1.20, a current ratio of 1.90 and a debt-to-equity ratio of 0.23. The company has a fifty day moving average of $214.51 and a two-hundred day moving average of $201.57. Helen of Troy has a twelve month low of $104.01 and a twelve month high of $230.56.
HELE has been the topic of several research reports. ValuEngine lowered shares of Helen of Troy from a “hold” rating to a “sell” rating in a report on Thursday. Oppenheimer reissued a “buy” rating and issued a $245.00 target price (up previously from $235.00) on shares of Helen of Troy in a research note on Tuesday. Bank of America downgraded 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 assumed coverage on Helen of Troy in a research note on Wednesday, September 30th. They set a “neutral” rating on the stock. Finally, DA Davidson increased their target price on Helen of Troy from $246.00 to $260.00 and gave the company a “buy” rating in a research note on Friday. Two analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. Helen of Troy presently has an average rating of “Hold” and a consensus 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.
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