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.
ILLEGAL ACTIVITY NOTICE: This story was originally posted by BBNS and is the sole property of of BBNS. If you are accessing this story on another publication, it was illegally stolen and republished in violation of U.S. and international copyright legislation. The correct version of this story can be read at https://baseballnewssource.com/markets/helen-of-troy-hele-announces-quarterly-earnings-results/1819787.html.
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.
Receive News & Ratings for Helen of Troy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helen of Troy and related companies with MarketBeat.com's FREE daily email newsletter.