Helen of Troy (NASDAQ:HELE) announced its quarterly earnings results on Wednesday. The company reported $3.76 EPS for the quarter, topping the consensus estimate of $3.02 by $0.74, MarketWatch Earnings reports. The business had revenue of $637.70 million for the quarter, compared to analysts’ expectations of $551.85 million. Helen of Troy had a net margin of 11.41% and a return on equity of 22.98%. During the same quarter in the previous year, the company earned $3.12 EPS. The business’s quarterly revenue was up 34.3% compared to the same quarter last year.
NASDAQ HELE traded down $9.35 during trading hours on Friday, hitting $214.16. The company had a trading volume of 23,362 shares, compared to its average volume of 317,086. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.20 and a current ratio of 1.90. Helen of Troy has a 1-year low of $104.01 and a 1-year high of $230.56. The company has a market cap 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 business has a 50 day moving average of $214.51 and a 200-day moving average of $201.57.
Several brokerages recently commented on HELE. Oppenheimer reiterated a “buy” rating and set a $245.00 price target (up from $235.00) on shares of Helen of Troy in a report on Tuesday. Bank of America cut shares of Helen of Troy from a “buy” rating to a “neutral” rating and set a $235.00 price target for the company. in a research report on Friday. BidaskClub cut shares of Helen of Troy from a “buy” rating to a “hold” rating in a research report on Friday, January 1st. Sidoti initiated coverage on shares of Helen of Troy in a research report on Wednesday, September 30th. They set a “neutral” rating for the company. Finally, ValuEngine lowered shares of Helen of Troy from a “hold” rating to a “sell” rating in a research note on Thursday. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price 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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