Helen of Troy (NASDAQ:HELE) Announces Earnings Results, Beats Estimates By $1.45 EPS

Helen of Troy (NASDAQ:HELE) announced its earnings results on Tuesday. The company reported $3.77 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.32 by $1.45, MarketWatch Earnings reports. Helen of Troy had a net margin of 9.81% and a return on equity of 20.17%. The business had revenue of $530.90 million for the quarter, compared to analyst estimates of $439.89 million. During the same quarter in the previous year, the firm posted $2.24 earnings per share. Helen of Troy’s revenue was up 28.2% compared to the same quarter last year.

HELE opened at $201.89 on Friday. Helen of Troy has a fifty-two week low of $104.01 and a fifty-two week high of $213.30. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.07 and a quick ratio of 1.31. The firm’s fifty day moving average price is $199.17 and its two-hundred day moving average price is $181.21. The company has a market capitalization of $5.12 billion, a P/E ratio of 29.78, a P/E/G ratio of 2.98 and a beta of 0.98.

In other news, CEO Julien Mininberg sold 200 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $210.09, for a total value of $42,018.00. Following the sale, the chief executive officer now owns 113,190 shares in the company, valued at approximately $23,780,087.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Vincent D. Carson sold 3,590 shares of the business’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $203.38, for a total transaction of $730,134.20. Insiders have sold 7,399 shares of company stock worth $1,530,896 in the last quarter. Corporate insiders own 0.90% of the company’s stock.

A number of equities analysts recently issued reports on HELE shares. DA Davidson boosted their target price on shares of Helen of Troy from $243.00 to $246.00 and gave the stock a “buy” rating in a research report on Friday, October 9th. CL King boosted their target price on shares of Helen of Troy from $170.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Oppenheimer started coverage on shares of Helen of Troy in a research report on Thursday. They set a “buy” rating and a $235.00 target price on the stock. ValuEngine raised shares of Helen of Troy from a “sell” rating to a “hold” rating in a research report on Monday, August 3rd. Finally, Sidoti started coverage on shares of Helen of Troy in a research report on Wednesday, September 30th. They set a “neutral” rating on the stock. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $214.20.

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.

Read More: Golden Cross

Earnings History 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.