Helen of Troy Limited (HELE) Issues FY18 Earnings Guidance
Helen of Troy Limited (NASDAQ:HELE) issued an update on its FY18 earnings guidance on Thursday morning. The company provided EPS guidance of $6.50-6.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.73. The company issued revenue guidance of $1.560-1.585 billion, compared to the consensus revenue estimate of $1.59 billion.
Shares of Helen of Troy Limited (NASDAQ:HELE) traded down 1.62% during mid-day trading on Thursday, hitting $97.10. The stock had a trading volume of 215,886 shares. The firm’s 50 day moving average price is $95.31 and its 200-day moving average price is $94.65. The company has a market cap of $2.64 billion, a PE ratio of 21.08 and a beta of 0.99. Helen of Troy Limited has a one year low of $77.50 and a one year high of $102.88.
Helen of Troy Limited (NASDAQ:HELE) last announced its quarterly earnings data on Monday, July 10th. The company reported $1.37 EPS for the quarter, beating the Zacks’ consensus estimate of $1.29 by $0.08. Helen of Troy Limited had a net margin of 8.23% and a return on equity of 17.70%. The business had revenue of $359.61 million during the quarter, compared to analyst estimates of $358.40 million. During the same quarter in the prior year, the business earned $1.27 earnings per share. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. On average, equities research analysts anticipate that Helen of Troy Limited will post $6.71 earnings per share for the current fiscal year.
Several research firms have recently commented on HELE. BidaskClub cut shares of Helen of Troy Limited from a hold rating to a sell rating in a research note on Wednesday, June 21st. Bank of America Corporation assumed coverage on shares of Helen of Troy Limited in a research note on Tuesday, August 29th. They issued an underperform rating and a $87.00 price objective on the stock. Finally, CL King assumed coverage on shares of Helen of Troy Limited in a research note on Tuesday, September 12th. They issued a buy rating and a $104.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of $99.40.
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About Helen of Troy Limited
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 four segments. The Housewares segment provides a range of consumer products for the home.
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