Helen of Troy Limited (HELE) Announces Quarterly Earnings Results

Helen of Troy Limited (NASDAQ:HELE) announced its quarterly earnings results on Monday. The company reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08, Briefing.com reports. The firm had revenue of $359.61 million for the quarter, compared to the consensus estimate of $358.40 million. Helen of Troy Limited had a net margin of 9.15% and a return on equity of 17.70%. The business’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.27 EPS. Helen of Troy Limited updated its FY18 guidance to $6.50-6.90 EPS.

Shares of Helen of Troy Limited (HELE) traded up 1.11% during trading on Monday, reaching $95.30. 129,586 shares of the company’s stock traded hands. The company has a 50 day moving average price of $92.88 and a 200-day moving average price of $92.71. Helen of Troy Limited has a one year low of $77.50 and a one year high of $102.04. The stock has a market cap of $2.58 billion, a P/E ratio of 18.91 and a beta of 0.93.

A number of equities analysts recently issued reports on the stock. BidaskClub raised shares of Helen of Troy Limited from a “sell” rating to a “hold” rating in a report on Wednesday, June 28th. Zacks Investment Research downgraded shares of Helen of Troy Limited from a “hold” rating to a “sell” rating in a report on Friday, April 28th. Finally, Sidoti reissued a “buy” rating and issued a $108.00 price objective (down previously from $112.00) on shares of Helen of Troy Limited in a report on Saturday, April 29th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $102.75.

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In other Helen of Troy Limited news, Director Gary B. Abromovitz sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $94.76, for a total value of $284,280.00. Following the sale, the director now owns 8,743 shares in the company, valued at approximately $828,486.68. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP Richard J. Oppenheim sold 1,058 shares of the company’s stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of $95.40, for a total value of $100,933.20. Following the completion of the sale, the vice president now owns 756 shares in the company, valued at approximately $72,122.40. The disclosure for this sale can be found here. Corporate insiders own 0.57% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in HELE. Russell Investments Group Ltd. acquired a new position in shares of Helen of Troy Limited during the fourth quarter worth about $178,000. State Board of Administration of Florida Retirement System raised its position in shares of Helen of Troy Limited by 0.9% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 17,373 shares of the company’s stock worth $1,467,000 after buying an additional 160 shares during the period. Allianz Asset Management AG raised its position in shares of Helen of Troy Limited by 14.8% in the fourth quarter. Allianz Asset Management AG now owns 10,414 shares of the company’s stock worth $879,000 after buying an additional 1,346 shares during the period. Ladenburg Thalmann Financial Services Inc. raised its position in shares of Helen of Troy Limited by 41.3% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,389 shares of the company’s stock worth $118,000 after buying an additional 406 shares during the period. Finally, Thrivent Financial for Lutherans raised its position in shares of Helen of Troy Limited by 9.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 4,790 shares of the company’s stock worth $405,000 after buying an additional 420 shares during the period. Institutional investors and hedge funds own 90.96% of the company’s stock.

Helen of Troy Limited Company Profile

Helen Of Troy Limited is a global consumer products company that offers a range of solutions for its customers through a range of brands. The Company is a global designer, developer, importer, marketer and distributor of a portfolio of brand-name consumer products. The Company has four segments. The Housewares segment provides a range of consumer products for the home.

Earnings History for Helen of Troy Limited (NASDAQ:HELE)

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