Helen of Troy (NASDAQ:HELE) updated its FY 2022 earnings guidance on Thursday. The company provided earnings per share guidance of $11.260-$11.560 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $10.860. The company issued revenue guidance of $2.02 billion-$2.07 billion, compared to the consensus revenue estimate of $2 billion.
Several brokerages have recently issued reports on HELE. Zacks Investment Research raised Helen of Troy from a strong sell rating to a buy rating and set a $252.00 target price for the company in a research report on Wednesday, September 8th. DA Davidson upped their price target on Helen of Troy from $223.00 to $254.00 and gave the stock a neutral rating in a research note on Friday, October 8th.
Shares of Helen of Troy stock traded up $2.87 during trading on Thursday, reaching $224.12. 225 shares of the stock traded hands, compared to its average volume of 203,633. The company has a market capitalization of $5.40 billion, a price-to-earnings ratio of 22.17, a P/E/G ratio of 3.23 and a beta of 0.84. The business has a fifty day simple moving average of $231.10 and a two-hundred day simple moving average of $224.01. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.85 and a quick ratio of 0.90. Helen of Troy has a 52-week low of $181.85 and a 52-week high of $265.97.
In other Helen of Troy news, Director Vincent D. Carson sold 2,525 shares of the business’s stock in a transaction that occurred on Wednesday, August 11th. The stock was sold at an average price of $234.83, for a total transaction of $592,945.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Julien Mininberg sold 2,079 shares of the business’s stock in a transaction that occurred on Tuesday, August 10th. The shares were sold at an average price of $235.79, for a total value of $490,207.41. The disclosure for this sale can be found here. Company insiders own 0.93% of the company’s stock.
A hedge fund recently raised its stake in Helen of Troy stock. Morgan Stanley increased its holdings in Helen of Troy Limited (NASDAQ:HELE) by 10.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 107,173 shares of the company’s stock after buying an additional 10,397 shares during the period. Morgan Stanley owned about 0.44% of Helen of Troy worth $24,448,000 as of its most recent filing with the Securities & Exchange Commission.
About Helen of Troy
Helen of Troy Ltd. engages in the manufacture and distribution of personal care and household products. It operates through the following segments: Housewares, Healthcare and Home, and Beauty. The Housewares segment offers food preparation tools, containers, electronics, baby care, and cleaning products.
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