Helen of Troy Limited (NASDAQ:HELE) Expected to Announce Earnings of $2.51 Per Share

Wall Street analysts expect Helen of Troy Limited (NASDAQ:HELE) to post earnings of $2.51 per share for the current fiscal quarter, Zacks reports. Zero analysts have provided estimates for Helen of Troy’s earnings. The highest EPS estimate is $2.54 and the lowest is $2.48. Helen of Troy posted earnings per share of $2.40 in the same quarter last year, which would indicate a positive year-over-year growth rate of 4.6%. The company is scheduled to announce its next quarterly earnings results on Tuesday, January 14th.

On average, analysts expect that Helen of Troy will report full year earnings of $8.67 per share for the current year, with EPS estimates ranging from $8.61 to $8.73. For the next fiscal year, analysts anticipate that the business will report earnings of $9.19 per share, with EPS estimates ranging from $9.05 to $9.32. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that cover Helen of Troy.

Helen of Troy (NASDAQ:HELE) last announced its earnings results on Tuesday, October 8th. The company reported $2.24 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.96 by $0.28. Helen of Troy had a net margin of 10.80% and a return on equity of 18.80%. The business had revenue of $414.00 million during the quarter, compared to the consensus estimate of $390.55 million. During the same quarter last year, the firm earned $1.98 earnings per share. The business’s revenue for the quarter was up 5.2% on a year-over-year basis.

A number of research firms have recently commented on HELE. BidaskClub cut shares of Helen of Troy from a “buy” rating to a “hold” rating in a report on Friday, October 25th. Bank of America increased their price target on shares of Helen of Troy from $170.00 to $175.00 and gave the company a “buy” rating in a report on Wednesday, October 9th. DA Davidson increased their price target on shares of Helen of Troy from $172.00 to $184.00 and gave the company a “buy” rating in a report on Monday, October 7th. They noted that the move was a valuation call. Finally, ValuEngine cut shares of Helen of Troy from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $179.50.

Several large investors have recently bought and sold shares of HELE. NumerixS Investment Technologies Inc purchased a new stake in Helen of Troy in the second quarter worth approximately $26,000. Cerebellum GP LLC purchased a new stake in Helen of Troy in the second quarter worth approximately $31,000. Flagship Harbor Advisors LLC boosted its holdings in Helen of Troy by 55.0% in the third quarter. Flagship Harbor Advisors LLC now owns 372 shares of the company’s stock worth $58,000 after purchasing an additional 132 shares during the last quarter. Asset Planning Services Ltd. purchased a new stake in Helen of Troy in the second quarter worth approximately $58,000. Finally, AdvisorNet Financial Inc boosted its holdings in Helen of Troy by 28.0% in the second quarter. AdvisorNet Financial Inc now owns 974 shares of the company’s stock worth $127,000 after purchasing an additional 213 shares during the last quarter. Hedge funds and other institutional investors own 92.50% of the company’s stock.

NASDAQ:HELE opened at $154.63 on Thursday. The company’s 50 day moving average price is $155.56 and its 200-day moving average price is $145.93. Helen of Troy has a 52 week low of $108.31 and a 52 week high of $169.25. The company has a quick ratio of 1.07, a current ratio of 2.24 and a debt-to-equity ratio of 0.31. The stock has a market cap of $3.91 billion, a price-to-earnings ratio of 21.27, a PEG ratio of 2.62 and a beta of 0.53.

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.

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Earnings History and Estimates for Helen of Troy (NASDAQ:HELE)

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