Helen of Troy Corp. (HELE) Announces Quarterly Results
Helen of Troy Corp. (NASDAQ:HELE) announced its earnings results on Wednesday. The company reported $0.72 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.72, Analyst Ratings News reports. The company had revenue of $319.40 million for the quarter, compared to the consensus estimate of $292.15 million.
Shares of Helen of Troy Corp. (NASDAQ:HELE) traded down 0.34% on Wednesday, hitting $43.53. 188,801 shares of the company’s stock traded hands. Helen of Troy Corp. has a 1-year low of $28.02 and a 1-year high of $44.83. The stock has a 50-day moving average of $42.19 and a 200-day moving average of $40.15. The company has a market cap of $1.392 billion and a P/E ratio of 13.13.
HELE has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Helen of Troy Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, July 23rd. They now have a $44.80 price target on the stock. Analysts at Imperial Capital raised their price target on shares of Helen of Troy Corp. from $35.00 to $40.00 in a research note to investors on Thursday, July 11th. They now have an “in-line” rating on the stock. Five equities research analysts have rated the stock with a hold rating, Helen of Troy Corp. currently has an average rating of “Hold” and an average price target of $44.56.
Helen of Troy Limited is a global designer, developer, importer and distributor of an expanding portfolio of brand-name consumer products.
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