Helen of Troy (NASDAQ:HELE) issued an update on its FY 2020 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $8.40-8.65 for the period, compared to the Thomson Reuters consensus estimate of $8.38. The company issued revenue guidance of $1.59-1.62 billion, compared to the consensus revenue estimate of $1.59 billion.Helen of Troy also updated its FY20 guidance to $8.40-8.65 EPS.
Helen of Troy stock opened at $144.59 on Friday. Helen of Troy has a fifty-two week low of $108.31 and a fifty-two week high of $151.12. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.20 and a quick ratio of 0.97. The stock has a market cap of $3.67 billion, a P/E ratio of 19.72, a P/E/G ratio of 2.80 and a beta of 0.67. The firm has a 50-day moving average price of $134.52.
Helen of Troy (NASDAQ:HELE) last posted its earnings results on Tuesday, July 9th. The company reported $1.78 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.40 by $0.38. The business had revenue of $376.30 million during the quarter, compared to the consensus estimate of $351.54 million. Helen of Troy had a return on equity of 18.61% and a net margin of 10.81%. The business’s quarterly revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.87 EPS. Sell-side analysts forecast that Helen of Troy will post 7.42 earnings per share for the current year.
Several analysts have commented on HELE shares. DA Davidson reaffirmed a buy rating on shares of Great Western Bancorp in a research note on Thursday, April 25th. BidaskClub raised Xilinx from a hold rating to a buy rating in a research note on Saturday, June 29th. Bank of America set a $25.00 price objective on Levi Strauss & Co. and gave the company a hold rating in a research note on Wednesday. Sidoti downgraded Helen of Troy from a buy rating to a neutral rating in a research note on Wednesday, May 8th. Finally, ValuEngine downgraded W&T Offshore from a hold rating to a sell rating in a research note on Friday, April 26th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of $146.33.
In other news, Director Timothy F. Meeker sold 2,400 shares of the stock in a transaction that occurred on Tuesday, April 30th. The stock was sold at an average price of $144.00, for a total transaction of $345,600.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.77% of the stock is owned by corporate insiders.
Helen of Troy Company Profile
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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