FY2020 EPS Estimates for Helen of Troy Limited Boosted by Analyst (NASDAQ:HELE)

Share on StockTwits

Helen of Troy Limited (NASDAQ:HELE) – Investment analysts at DA Davidson raised their FY2020 earnings per share (EPS) estimates for Helen of Troy in a research note issued to investors on Thursday, October 10th. DA Davidson analyst L. Weiser now forecasts that the company will post earnings of $7.72 per share for the year, up from their previous forecast of $7.62. DA Davidson currently has a “Buy” rating and a $184.00 price objective on the stock.

Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings data on Tuesday, October 8th. The company reported $2.24 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.96 by $0.28. The firm had revenue of $414.00 million for the quarter, compared to analysts’ expectations of $390.55 million. Helen of Troy had a net margin of 10.80% and a return on equity of 18.80%. The company’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.98 earnings per share.

Several other analysts have also recently weighed in on HELE. BidaskClub cut shares of Helen of Troy from a “buy” rating to a “hold” rating in a research note on Thursday, October 10th. Bank of America upped their price objective on shares of Helen of Troy from $170.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday, October 9th. Finally, ValuEngine cut shares of Helen of Troy from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. Helen of Troy currently has an average rating of “Hold” and an average target price of $179.50.

Shares of Helen of Troy stock opened at $154.34 on Monday. The company has a current ratio of 2.24, a quick ratio of 1.07 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $3.90 billion, a price-to-earnings ratio of 21.23, a P/E/G ratio of 2.61 and a beta of 0.57. Helen of Troy has a 1-year low of $108.31 and a 1-year high of $169.25. The firm’s 50-day moving average price is $153.68 and its two-hundred day moving average price is $140.45.

Several hedge funds have recently made changes to their positions in HELE. NumerixS Investment Technologies Inc acquired a new position in shares of Helen of Troy during the second quarter worth approximately $26,000. Cerebellum GP LLC acquired a new position in shares of Helen of Troy during the second quarter worth approximately $31,000. Asset Planning Services Ltd. acquired a new position in Helen of Troy in the second quarter valued at approximately $58,000. AdvisorNet Financial Inc lifted 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 valued at $127,000 after buying an additional 213 shares during the period. Finally, Eaton Vance Management acquired a new position in Helen of Troy in the second quarter valued at approximately $200,000. Institutional investors own 93.49% of the company’s stock.

Helen of Troy Company Profile

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: How to track put option volume

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

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.



Latest News

LendingClub Corp  Expected to Announce Earnings of $0.04 Per Share
LendingClub Corp Expected to Announce Earnings of $0.04 Per Share
Echostar  Downgraded to “Hold” at BidaskClub
Echostar Downgraded to “Hold” at BidaskClub
BidaskClub Lowers Preformed Line Products  to Hold
BidaskClub Lowers Preformed Line Products to Hold
LPL Financial  Upgraded at BidaskClub
LPL Financial Upgraded at BidaskClub
Grand City Properties  Given a €20.00 Price Target at Jefferies Financial Group
Grand City Properties Given a €20.00 Price Target at Jefferies Financial Group
Restaurant Group  Shares Cross Above Two Hundred Day Moving Average of $138.47
Restaurant Group Shares Cross Above Two Hundred Day Moving Average of $138.47


 
© 2006-2019 Zolmax.