Wall Street analysts expect Helen of Troy Limited (NASDAQ:HELE – Get Rating) to report $475.65 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Helen of Troy’s earnings, with the lowest sales estimate coming in at $473.60 million and the highest estimate coming in at $477.70 million. Helen of Troy posted sales of $541.22 million in the same quarter last year, which would indicate a negative year over year growth rate of 12.1%. The company is scheduled to issue its next quarterly earnings report on Monday, January 1st.
According to Zacks, analysts expect that Helen of Troy will report full-year sales of $2.38 billion for the current year, with estimates ranging from $2.37 billion to $2.40 billion. For the next fiscal year, analysts anticipate that the business will post sales of $2.47 billion, with estimates ranging from $2.44 billion to $2.49 billion. Zacks’ sales averages are an average based on a survey of sell-side research firms that that provide coverage for Helen of Troy.
Helen of Troy (NASDAQ:HELE – Get Rating) last released its quarterly earnings results on Wednesday, April 27th. The company reported $2.51 EPS for the quarter, beating analysts’ consensus estimates of $1.71 by $0.80. The business had revenue of $582.00 million during the quarter, compared to analyst estimates of $471.45 million. Helen of Troy had a return on equity of 20.95% and a net margin of 10.06%. Helen of Troy’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.36 EPS.
A number of large investors have recently made changes to their positions in the business. O Shaughnessy Asset Management LLC grew its stake in shares of Helen of Troy by 64.3% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 212 shares of the company’s stock worth $48,000 after acquiring an additional 83 shares during the period. Van ECK Associates Corp grew its stake in shares of Helen of Troy by 59.1% during the 3rd quarter. Van ECK Associates Corp now owns 533 shares of the company’s stock worth $120,000 after acquiring an additional 198 shares during the period. Commonwealth Equity Services LLC bought a new position in shares of Helen of Troy during the 4th quarter worth $213,000. HighTower Advisors LLC grew its stake in shares of Helen of Troy by 5.5% during the 3rd quarter. HighTower Advisors LLC now owns 967 shares of the company’s stock worth $221,000 after acquiring an additional 50 shares during the period. Finally, Inspire Investing LLC bought a new position in Helen of Troy in the 3rd quarter worth about $233,000.
NASDAQ HELE opened at $207.15 on Friday. The firm has a market capitalization of $4.94 billion, a P/E ratio of 22.61, a PEG ratio of 2.22 and a beta of 0.70. The business has a fifty day simple moving average of $205.08 and a 200 day simple moving average of $220.91. Helen of Troy has a 12 month low of $189.65 and a 12 month high of $256.26. The company has a current ratio of 1.80, a quick ratio of 0.87 and a debt-to-equity ratio of 0.61.
About Helen of Troy (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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