Helen of Troy Corp. (HELE) Releases FY15 Earnings Guidance
Helen of Troy Corp. (NASDAQ:HELE) issued an update on its FY15 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $4.30-4.40 for the period, compared to the Thomson Reuters consensus estimate of $4.38, ARN reports. The company issued revenue guidance of $1.325-1.375 billion, compared to the consensus revenue estimate of $1.35 billion.
Shares of Helen of Troy Corp. (NASDAQ:HELE) traded up 0.73% during mid-day trading on Wednesday, hitting $60.46. 330,957 shares of the company’s stock traded hands. Helen of Troy Corp. has a 52 week low of $39.88 and a 52 week high of $70.23. The stock’s 50-day moving average is $59.60 and its 200-day moving average is $60.87. The company has a market cap of $1.729 billion and a P/E ratio of 22.56.
Helen of Troy Corp. (NASDAQ:HELE) last posted its quarterly earnings results on Wednesday, July 9th. The company reported $0.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by $0.10. The company had revenue of $311.80 million for the quarter, compared to the consensus estimate of $314.55 million. During the same quarter in the previous year, the company posted $0.82 earnings per share. The company’s revenue for the quarter was up 2.4% on a year-over-year basis. Analysts expect that Helen of Troy Corp. will post $4.38 EPS for the current fiscal year.
HELE has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Helen of Troy Corp. from a neutral rating to an outperform rating in a research note on Monday, June 30th. They now have a $72.60 price target on the stock. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of $52.90.
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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