Helen of Troy (NASDAQ:HELE) announced its earnings results on Wednesday. The company reported $3.76 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $3.02 by $0.74, MarketWatch Earnings reports. The company had revenue of $637.70 million during the quarter, compared to the consensus estimate of $551.85 million. Helen of Troy had a net margin of 11.41% and a return on equity of 22.98%. Helen of Troy’s revenue was up 34.3% compared to the same quarter last year. During the same period last year, the firm earned $3.12 earnings per share.
Shares of Helen of Troy stock traded down $4.94 during trading on Friday, hitting $218.57. 12,023 shares of the company’s stock were exchanged, compared to its average volume of 317,086. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.20 and a current ratio of 1.90. The business has a 50-day simple moving average of $214.51 and a 200-day simple moving average of $201.57. Helen of Troy has a 52-week low of $104.01 and a 52-week high of $230.56. The stock has a market capitalization of $5.54 billion, a price-to-earnings ratio of 26.67, a PEG ratio of 2.19 and a beta of 0.93.
A number of research firms have issued reports on HELE. Sidoti began coverage on shares of Helen of Troy in a report on Wednesday, September 30th. They issued a “neutral” rating for the company. Bank of America cut shares of Helen of Troy from a “buy” rating to a “neutral” rating and set a $235.00 price target for the company. in a report on Friday. BidaskClub cut shares of Helen of Troy from a “buy” rating to a “hold” rating in a report on Friday, January 1st. Oppenheimer reaffirmed a “buy” rating and issued a $245.00 price target (up previously from $235.00) on shares of Helen of Troy in a report on Tuesday. Finally, DA Davidson raised their price target on shares of Helen of Troy from $246.00 to $260.00 and gave the stock a “buy” rating in a report on Friday. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $228.00.
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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