Helen of Troy (NASDAQ:HELE – Get Free Report) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $7.00-7.50 for the period, compared to the consensus estimate of $7.11. The company issued revenue guidance of $1.89-1.94 billion, compared to the consensus revenue estimate of $1.90 billion. Helen of Troy also updated its FY 2025 guidance to 7.000-7.500 EPS.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on the stock. DA Davidson increased their price objective on shares of Helen of Troy from $67.00 to $71.00 and gave the stock a neutral rating in a research report on Thursday. StockNews.com lowered Helen of Troy from a buy rating to a hold rating in a report on Wednesday, July 10th. Canaccord Genuity Group restated a buy rating and set a $84.00 price objective on shares of Helen of Troy in a report on Monday, October 7th. Finally, UBS Group cut their target price on Helen of Troy from $100.00 to $72.00 and set a neutral rating on the stock in a report on Wednesday, July 10th.
Check Out Our Latest Analysis on Helen of Troy
Helen of Troy Price Performance
Helen of Troy (NASDAQ:HELE – Get Free Report) last posted its earnings results on Wednesday, October 9th. The company reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.16. Helen of Troy had a return on equity of 9.31% and a net margin of 7.35%. The company had revenue of $474.20 million for the quarter, compared to analyst estimates of $458.85 million. During the same quarter last year, the company earned $1.45 earnings per share. The company’s revenue for the quarter was down 3.5% on a year-over-year basis. As a group, research analysts anticipate that Helen of Troy will post 6.33 earnings per share for the current fiscal year.
Helen of Troy announced that its board has initiated a stock buyback program on Thursday, September 5th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the company to buy up to 39.8% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board of directors believes its stock is undervalued.
About Helen of Troy
Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates in two segments: Home & Outdoor and Beauty & Wellness. The Home & Outdoor segment offers food storage containers, kitchen utensils for cooking and preparing salads, fruits, vegetables and meats, graters, slicers and choppers, baking essentials, kitchen organization, bath, cleaning, infant and toddler products, and coffee preparation tools and electronics; and insulated beverageware, including bottles, travel tumblers, drinkware, mugs, food and lunch containers, insulated totes, soft coolers, outdoor kitchenware, and accessories.
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