Helen of Troy (NASDAQ:HELE) released its earnings results on Tuesday. The company reported $1.78 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.40 by $0.38, Morningstar.com reports. The firm had revenue of $376.30 million during the quarter, compared to analyst estimates of $351.54 million. Helen of Troy had a net margin of 10.81% and a return on equity of 18.61%. The business’s revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.87 EPS. Helen of Troy updated its FY 2020 guidance to $8.40-8.65 EPS and its FY20 guidance to $8.40-8.65 EPS.
NASDAQ:HELE opened at $144.59 on Friday. The stock’s 50-day moving average is $134.52. Helen of Troy has a 52-week low of $108.31 and a 52-week high of $151.12. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.97 and a current ratio of 2.20. The company has a market cap of $3.67 billion, a P/E ratio of 19.72, a price-to-earnings-growth ratio of 2.80 and a beta of 0.67.
A number of research firms have weighed in on HELE. Sidoti lowered shares of Helen of Troy from a “buy” rating to a “neutral” rating in a research report on Wednesday, May 8th. BidaskClub upgraded shares of Xilinx from a “hold” rating to a “buy” rating in a report on Saturday, June 29th. DA Davidson restated a “buy” rating on shares of Great Western Bancorp in a report on Thursday, April 25th. ValuEngine downgraded shares of W&T Offshore from a “hold” rating to a “sell” rating in a report on Friday, April 26th. Finally, Bank of America set a $25.00 price objective on shares of Levi Strauss & Co. and gave the stock a “hold” rating in a report on Wednesday. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $146.33.
Several large investors have recently bought and sold shares of HELE. Resources Investment Advisors Inc. bought a new position in shares of Helen of Troy during the 4th quarter worth about $31,000. Convergence Investment Partners LLC bought a new stake in Helen of Troy in the first quarter valued at about $191,000. Oakbrook Investments LLC bought a new stake in Helen of Troy in the first quarter valued at about $209,000. Meeder Asset Management Inc. increased its stake in Helen of Troy by 157.3% in the first quarter. Meeder Asset Management Inc. now owns 2,136 shares of the company’s stock valued at $247,000 after acquiring an additional 1,306 shares during the period. Finally, Icon Advisers Inc. Co. bought a new stake in Helen of Troy in the first quarter valued at about $267,000. Institutional investors own 98.92% of the company’s stock.
About Helen of Troy
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.
Recommended Story: Systematic Risk
Receive News & Ratings for Helen of Troy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helen of Troy and related companies with MarketBeat.com's FREE daily email newsletter.