Helen of Troy (NASDAQ:HELE) Issues FY 2022 Earnings Guidance

Helen of Troy (NASDAQ:HELE) issued an update on its FY 2022 earnings guidance on Thursday morning. The company provided EPS guidance of $11.260-$11.560 for the period, compared to the Thomson Reuters consensus EPS estimate of $10.860. The company issued revenue guidance of $2.02 billion-$2.07 billion, compared to the consensus revenue estimate of $2 billion.

HELE opened at $221.25 on Thursday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.85 and a quick ratio of 0.90. Helen of Troy has a 1 year low of $181.85 and a 1 year high of $265.97. The firm has a market cap of $5.33 billion, a PE ratio of 22.17, a P/E/G ratio of 3.23 and a beta of 0.84. The stock has a 50-day moving average price of $231.10 and a 200-day moving average price of $224.01.

Helen of Troy (NASDAQ:HELE) last issued its earnings results on Wednesday, October 6th. The company reported $2.65 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.82. The company had revenue of $475.20 million during the quarter, compared to the consensus estimate of $428.16 million. Helen of Troy had a net margin of 11.29% and a return on equity of 23.94%. Helen of Troy’s quarterly revenue was down 10.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.77 EPS. As a group, sell-side analysts anticipate that Helen of Troy will post 9.07 EPS for the current year.

A number of brokerages have issued reports on HELE. Zacks Investment Research raised shares of Helen of Troy from a strong sell rating to a buy rating and set a $252.00 price objective for the company in a report on Wednesday, September 8th. DA Davidson lifted their target price on Helen of Troy from $223.00 to $254.00 and gave the stock a neutral rating in a report on Friday, October 8th.

In other Helen of Troy news, CEO Julien Mininberg sold 2,079 shares of the stock in a transaction dated Tuesday, August 10th. The stock was sold at an average price of $235.79, for a total value of $490,207.41. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Vincent D. Carson sold 2,525 shares of the business’s stock in a transaction that occurred on Wednesday, August 11th. The stock was sold at an average price of $234.83, for a total transaction of $592,945.75. The disclosure for this sale can be found here. Insiders own 0.93% of the company’s stock.

An institutional investor recently raised its position in Helen of Troy stock. Morgan Stanley grew its position in Helen of Troy Limited (NASDAQ:HELE) by 10.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 107,173 shares of the company’s stock after purchasing an additional 10,397 shares during the period. Morgan Stanley owned approximately 0.44% of Helen of Troy worth $24,448,000 at the end of the most recent quarter.

Helen of Troy Company Profile

Helen of Troy Ltd. engages in the manufacture and distribution of personal care and household products. It operates through the following segments: Housewares, Healthcare and Home, and Beauty. The Housewares segment offers food preparation tools, containers, electronics, baby care, and cleaning products.

Recommended Story: What is required to own or exchange cryptocurrency?

Earnings History and Estimates for Helen of Troy (NASDAQ:HELE)

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.