Helen of Troy Limited (NASDAQ:HELE – Get Rating) – Equities research analysts at DA Davidson decreased their FY2023 earnings per share estimates for Helen of Troy in a note issued to investors on Thursday, April 28th. DA Davidson analyst L. Weiser now expects that the company will post earnings per share of $11.52 for the year, down from their previous estimate of $11.73. DA Davidson has a “Neutral” rating and a $255.00 price target on the stock.
Helen of Troy (NASDAQ:HELE – Get Rating) last issued its earnings results on Wednesday, April 27th. The company reported $2.51 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.71 by $0.80. The business had revenue of $582.00 million for the quarter, compared to the consensus estimate of $471.45 million. Helen of Troy had a net margin of 9.58% and a return on equity of 19.61%. The business’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.36 earnings per share.
Shares of NASDAQ:HELE opened at $219.86 on Friday. The company has a market cap of $5.31 billion, a price-to-earnings ratio of 26.11, a PEG ratio of 2.33 and a beta of 0.82. The firm’s 50-day simple moving average is $204.32 and its 200-day simple moving average is $221.39. The company has a quick ratio of 0.93, a current ratio of 1.86 and a debt-to-equity ratio of 0.33. Helen of Troy has a fifty-two week low of $189.65 and a fifty-two week high of $256.26.
A number of hedge funds have recently added to or reduced their stakes in the stock. Summit Global Investments boosted its holdings in Helen of Troy by 3.4% during the first quarter. Summit Global Investments now owns 7,784 shares of the company’s stock worth $1,524,000 after buying an additional 258 shares in the last quarter. GHP Investment Advisors Inc. acquired a new position in Helen of Troy during the first quarter worth about $3,584,000. TownSquare Capital LLC raised its position in Helen of Troy by 25.9% during the first quarter. TownSquare Capital LLC now owns 2,540 shares of the company’s stock worth $497,000 after acquiring an additional 522 shares during the last quarter. Exchange Traded Concepts LLC raised its position in Helen of Troy by 11.4% during the first quarter. Exchange Traded Concepts LLC now owns 2,891 shares of the company’s stock worth $566,000 after acquiring an additional 296 shares during the last quarter. Finally, Louisiana State Employees Retirement System raised its position in Helen of Troy by 1.6% during the first quarter. Louisiana State Employees Retirement System now owns 6,300 shares of the company’s stock worth $1,345,000 after acquiring an additional 100 shares during the last quarter.
Helen of Troy Company Profile (Get Rating)
Helen of Troy Limited designs, develops, imports, markets, and distributes a portfolio of consumer products worldwide. The company 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; 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; and insulated water bottles, jugs, thermoses, drinkware, travel mugs, and food containers and accessories.
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