Helen of Troy (NASDAQ:HELE) Issues Quarterly Earnings Results, Beats Estimates By $0.11 EPS

Helen of Troy (NASDAQ:HELE) posted its quarterly earnings results on Wednesday. The company reported $2.11 EPS for the quarter, topping the consensus estimate of $2.00 by $0.11, reports. The company had revenue of $489.20 million for the quarter, compared to the consensus estimate of $477.88 million. Helen of Troy had a net margin of 8.41% and a return on equity of 11.65%. Helen of Troy updated its FY25 guidance to $8.70-$9.20 EPS and its FY 2025 guidance to 8.700-9.200 EPS.

Helen of Troy Stock Performance

HELE opened at $90.85 on Friday. Helen of Troy has a 12-month low of $81.14 and a 12-month high of $143.68. The company has a current ratio of 1.87, a quick ratio of 0.98 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $2.16 billion, a PE ratio of 12.87, a P/E/G ratio of 1.35 and a beta of 0.80. The firm has a 50 day moving average of $113.22 and a two-hundred day moving average of $112.29.

Hedge Funds Weigh In On Helen of Troy

A number of institutional investors have recently bought and sold shares of HELE. Strs Ohio purchased a new position in Helen of Troy during the 3rd quarter worth approximately $93,000. Advisor Partners II LLC purchased a new position in shares of Helen of Troy during the 3rd quarter valued at approximately $202,000. ARGA Investment Management LP purchased a new position in shares of Helen of Troy during the 1st quarter valued at approximately $218,000. AlphaMark Advisors LLC purchased a new position in shares of Helen of Troy during the 3rd quarter valued at approximately $219,000. Finally, SG Americas Securities LLC increased its holdings in shares of Helen of Troy by 101.5% during the 3rd quarter. SG Americas Securities LLC now owns 2,114 shares of the company’s stock valued at $246,000 after purchasing an additional 1,065 shares in the last quarter.

Wall Street Analyst Weigh In

HELE has been the topic of a number of research reports. StockNews.com raised shares of Helen of Troy from a “hold” rating to a “buy” rating in a research report on Tuesday, January 9th. UBS Group cut their target price on shares of Helen of Troy from $121.00 to $100.00 and set a “neutral” rating on the stock in a research report on Thursday. Finally, DA Davidson cut their target price on shares of Helen of Troy from $151.00 to $139.00 and set a “buy” rating on the stock in a research report on Thursday.

About Helen of Troy

Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates in two segments: Home & Outdoor and Beauty & Wellness. The Home & Outdoor segment offers food preparation tools and gadgets, storage containers, and organization products; coffee makers, grinders, manual pour overs, and tea kettles; household cleaning products, shower organization, and bathroom accessories; feeding and drinking products, child seating, cleaning tools, and nursery accessories; insulated hydration bottles, hydration packs, drinkware, mugs, food containers, lunch containers, insulated totes, soft coolers, and accessories; and technical and outdoor sports packs, travel packs and accessories, luggage, daypacks, and everyday packs.