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.
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