Wall Street analysts forecast that Helen of Troy Limited (NASDAQ:HELE) will post $1.56 earnings per share for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Helen of Troy’s earnings, with the highest EPS estimate coming in at $1.63 and the lowest estimate coming in at $1.50. Helen of Troy reported earnings of $1.88 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 17%. The business is expected to announce its next earnings results on Tuesday, April 27th.
On average, analysts expect that Helen of Troy will report full-year earnings of $11.64 per share for the current financial year, with EPS estimates ranging from $11.60 to $11.69. For the next financial year, analysts anticipate that the firm will report earnings of $11.64 per share, with EPS estimates ranging from $11.30 to $12.13. Zacks’ earnings per share averages are a mean average based on a survey of research firms that that provide coverage for Helen of Troy.
Helen of Troy (NASDAQ:HELE) last announced its earnings results on Wednesday, January 6th. The company reported $3.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.02 by $0.74. The business had revenue of $637.70 million during the quarter, compared to analyst estimates of $551.85 million. Helen of Troy had a net margin of 11.25% and a return on equity of 24.39%. Helen of Troy’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 earnings per share.
Several research analysts recently commented on the stock. Zacks Investment Research raised shares of Helen of Troy from a “hold” rating to a “buy” rating and set a $245.00 target price on the stock in a research note on Tuesday, March 9th. Oppenheimer cut shares of Helen of Troy from an “outperform” rating to a “market perform” rating in a report on Thursday, January 28th. Bank of America cut shares of Helen of Troy from a “buy” rating to a “neutral” rating and set a $235.00 price target on the stock. in a report on Friday, January 8th. Finally, DA Davidson reiterated a “neutral” rating and issued a $247.00 price target (down previously from $260.00) on shares of Helen of Troy in a report on Tuesday, March 23rd. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $238.40.
A number of institutional investors have recently made changes to their positions in HELE. Capital Asset Advisory Services LLC bought a new position in Helen of Troy in the 4th quarter worth about $27,000. Ellevest Inc. bought a new position in Helen of Troy in the 4th quarter worth about $40,000. Skandinaviska Enskilda Banken AB publ bought a new position in Helen of Troy in the 4th quarter worth about $111,000. Point72 Hong Kong Ltd bought a new position in Helen of Troy in the 3rd quarter worth about $148,000. Finally, Cetera Investment Advisers purchased a new position in Helen of Troy in the 4th quarter worth about $200,000. Institutional investors own 98.14% of the company’s stock.
Shares of HELE stock traded up $3.66 during trading hours on Thursday, hitting $219.10. 2,192 shares of the company’s stock were exchanged, compared to its average volume of 263,560. The company has a market capitalization of $5.35 billion, a PE ratio of 24.47, a PEG ratio of 2.12 and a beta of 0.92. Helen of Troy has a 12-month low of $130.59 and a 12-month high of $265.97. The business’s 50 day simple moving average is $219.91 and its 200-day simple moving average is $214.02. The company has a current ratio of 1.82, a quick ratio of 1.18 and a debt-to-equity ratio of 0.36.
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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