Helen of Troy (HELE) Releases Quarterly Earnings Results, Beats Estimates By $0.45 EPS

Helen of Troy (NASDAQ:HELE) released its earnings results on Monday, January 8th. The company reported $2.52 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.07 by $0.45, Bloomberg Earnings reports. Helen of Troy had a net margin of 1.28% and a return on equity of 18.37%. The company had revenue of $453.00 million during the quarter, compared to analysts’ expectations of $452.81 million. During the same quarter last year, the business earned $2.37 EPS. The business’s revenue was up 1.9% on a year-over-year basis. Helen of Troy updated its FY18 guidance to $6.85-7.10 EPS.

Shares of Helen of Troy (NASDAQ:HELE) opened at $97.20 on Tuesday. The company has a quick ratio of 0.94, a current ratio of 1.73 and a debt-to-equity ratio of 0.41. The stock has a market cap of $2,621.30, a price-to-earnings ratio of 133.15, a P/E/G ratio of 6.53 and a beta of 0.91. Helen of Troy has a 12 month low of $85.40 and a 12 month high of $102.88.

HELE has been the subject of a number of recent research reports. ValuEngine upgraded shares of Helen of Troy from a “hold” rating to a “buy” rating in a report on Wednesday, January 10th. TheStreet cut shares of Helen of Troy from a “b” rating to a “c” rating in a research report on Monday, January 8th. KeyCorp reissued a “hold” rating on shares of Helen of Troy in a research report on Friday, November 24th. Zacks Investment Research cut shares of Helen of Troy from a “hold” rating to a “sell” rating in a research report on Tuesday, December 5th. Finally, BidaskClub raised shares of Helen of Troy from a “buy” rating to a “strong-buy” rating in a research report on Saturday, December 9th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. Helen of Troy has an average rating of “Hold” and an average price target of $99.67.

In other Helen of Troy news, Director Timothy F. Meeker sold 2,500 shares of the business’s stock in a transaction on Monday, October 23rd. The shares were sold at an average price of $94.00, for a total transaction of $235,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.57% of the stock is owned by insiders.

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Helen of Troy Company Profile

Helen Of Troy Limited is a global consumer products company that offers a range of solutions for its customers through a range of brands. The Company is a global designer, developer, importer, marketer and distributor of a portfolio of brand-name consumer products. The Company has three segments. The Housewares segment provides a range of consumer products for the home.

Earnings History for Helen of Troy (NASDAQ:HELE)

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