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.
A number of equities research analysts recently issued reports on the stock. Bank of America set a €18.00 ($20.93) target price on shares of Deutsche Telekom and gave the company a buy rating in a report on Wednesday. ValuEngine downgraded shares of W&T Offshore from a hold rating to a sell rating in a report on Friday, April 26th. Sidoti downgraded shares of Helen of Troy from a buy rating to a neutral rating in a report on Wednesday, May 8th. BidaskClub upgraded shares of Xilinx from a hold rating to a buy rating in a report on Saturday, June 29th. Finally, DA Davidson restated a buy rating on shares of Great Western Bancorp in a report on Thursday, April 25th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of $146.33.
Shares of HELE stock opened at $146.31 on Thursday. The firm has a market capitalization of $3.31 billion, a PE ratio of 20.13, a price-to-earnings-growth ratio of 2.53 and a beta of 0.67. 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 has a fifty-two week low of $108.31 and a fifty-two week high of $151.12. The firm’s 50 day simple moving average is $134.41.
Helen of Troy (NASDAQ:HELE) last announced its quarterly earnings results on Tuesday, July 9th. The company reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates of $1.40 by $0.38. The firm had revenue of $376.30 million for the quarter, compared to analysts’ expectations of $351.54 million. Helen of Troy had a net margin of 10.77% and a return on equity of 18.54%. Helen of Troy’s revenue was up 6.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.87 earnings per share. On average, research analysts anticipate that Helen of Troy will post 7.42 earnings per share for the current fiscal year.
In other Helen of Troy news, Director Timothy F. Meeker sold 2,400 shares of Helen of Troy stock in a transaction that occurred on Tuesday, April 30th. The shares were sold at an average price of $144.00, for a total transaction of $345,600.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.77% of the company’s stock.
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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