Helen of Troy (NASDAQ:HELE) updated its FY20 earnings guidance on Tuesday. The company provided earnings per share guidance of $8.40-8.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $8.37. The company issued revenue guidance of +1.7-3.6% to ~$1.59-1.62 billion, compared to the consensus revenue estimate of $1.59 billion.Helen of Troy also updated its FY 2020 guidance to $8.40-8.65 EPS.
Several research firms have recently issued reports on HELE. Sidoti downgraded shares of Helen of Troy from a buy rating to a neutral rating in a report on Wednesday, May 8th. ValuEngine upgraded Helen of Troy from a hold rating to a buy rating in a research report on Friday, April 26th. Bank of America upped their target price on Helen of Troy from $135.00 to $160.00 and gave the company a buy rating in a research report on Wednesday, May 22nd. BidaskClub lowered Helen of Troy from a hold rating to a sell rating in a research report on Saturday, June 29th. Finally, DA Davidson reiterated a buy rating on shares of Helen of Troy in a research report on Thursday, April 25th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of $144.67.
NASDAQ HELE traded down $0.88 during trading hours on Tuesday, reaching $131.67. The stock had a trading volume of 400,366 shares, compared to its average volume of 286,939. The company’s fifty day moving average is $134.20. The stock has a market cap of $3.31 billion, a PE ratio of 18.11, a P/E/G ratio of 2.53 and a beta of 0.67. Helen of Troy has a 52-week low of $108.31 and a 52-week high of $145.46. The company has a current ratio of 1.94, a quick ratio of 0.97 and a debt-to-equity ratio of 0.32.
Helen of Troy (NASDAQ:HELE) last issued its earnings results on Friday, April 26th. The company reported $1.82 EPS for the quarter, beating the Zacks’ consensus estimate of $1.38 by $0.44. The firm had revenue of $384.80 million for the quarter, compared to analyst estimates of $364.66 million. Helen of Troy had a return on equity of 18.54% and a net margin of 10.77%. Helen of Troy’s revenue for the quarter was down .7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.69 earnings per share. On average, equities analysts forecast that Helen of Troy will post 7.42 earnings per share for the current fiscal year.
In related news, Director Timothy F. Meeker sold 2,400 shares of the company’s stock in a transaction that occurred on Tuesday, April 30th. The stock was sold at an average price of $144.00, for a total value of $345,600.00. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.77% of the stock is owned by corporate insiders.
About Helen of Troy
Helen of Troy Limited designs, develops, imports, markets, and distributes a portfolio of consumer products worldwide. It operates in three segments: Housewares, Health & Home, and Beauty. The Housewares segment offers food and beverage preparation tools and gadgets, storage containers, and organization products; household cleaning products, and shower organization, bathroom accessories, and gardening products; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; and insulated water bottles, jugs, drinkware, travel mugs, and food containers.
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