Helen of Troy (NASDAQ:HELE – Get Rating) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, October 5th. Analysts expect Helen of Troy to post earnings of $1.82 per share for the quarter. Helen of Troy has set its FY 2023 guidance at $9.85-$10.35 EPS.Persons interested in registering for the company's earnings conference call can do so using this link.
Helen of Troy (NASDAQ:HELE – Get Rating) last issued its quarterly earnings results on Thursday, July 7th. The company reported $1.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.61 by $0.16. Helen of Troy had a return on equity of 18.08% and a net margin of 8.74%. The business had revenue of $508.10 million during the quarter, compared to analyst estimates of $474.17 million. During the same quarter in the prior year, the business posted $2.95 EPS. Helen of Troy's revenue for the quarter was down 6.1% compared to the same quarter last year. On average, analysts expect Helen of Troy to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.
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Helen of Troy Trading Down 4.7 %
Shares of HELE stock opened at $101.35 on Wednesday. Helen of Troy has a 52-week low of $101.10 and a 52-week high of $256.26. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.93 and a current ratio of 1.95. The firm has a market capitalization of $2.43 billion, a PE ratio of 12.88, a PEG ratio of 1.64 and a beta of 0.63. The stock has a fifty day simple moving average of $126.46 and a two-hundred day simple moving average of $164.33.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. lifted its stake in Helen of Troy by 9.9% in the first quarter. PNC Financial Services Group Inc. now owns 3,615 shares of the company's stock worth $707,000 after purchasing an additional 325 shares during the last quarter. Bank of Montreal Can lifted its stake in Helen of Troy by 2.7% in the first quarter. Bank of Montreal Can now owns 1,886 shares of the company's stock worth $386,000 after purchasing an additional 50 shares during the last quarter. Rhumbline Advisers lifted its stake in Helen of Troy by 0.8% in the first quarter. Rhumbline Advisers now owns 72,926 shares of the company's stock worth $14,282,000 after purchasing an additional 581 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in Helen of Troy by 10.6% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 8,846 shares of the company's stock worth $1,732,000 after purchasing an additional 846 shares during the last quarter. Finally, BlackRock Inc. lifted its stake in Helen of Troy by 0.6% in the first quarter. BlackRock Inc. now owns 2,591,291 shares of the company's stock worth $507,478,000 after purchasing an additional 14,931 shares during the last quarter.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on the company. StockNews.com lowered Helen of Troy from a "hold" rating to a "sell" rating in a research note on Saturday, July 16th. CL King cut their price objective on Helen of Troy from $282.00 to $206.00 in a research report on Tuesday, June 28th. TheStreet lowered Helen of Troy from a "b-" rating to a "c+" rating in a research report on Thursday, June 16th. Raymond James began coverage on Helen of Troy in a research report on Tuesday, July 12th. They set a "market perform" rating for the company. Finally, DA Davidson cut their price objective on Helen of Troy from $244.00 to $175.00 and set a "neutral" rating for the company in a research report on Friday, July 8th. One research analyst has rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $214.67.
About Helen of Troy
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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 through three segments: Home & Outdoor, Health & Wellness, and Beauty. 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 products, cleaning tools, and nursery accessories; insulated water bottles, hydration packs, drinkware, mugs, food containers, lunch containers, insulated totes, soft coolers, and accessories; and technical and outdoor sports packs, travel packs, luggage, daypacks, and everyday packs.
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