Brokerages Anticipate Helen of Troy Limited (NASDAQ:HELE) Will Post Earnings of $1.97 Per Share

Analysts expect that Helen of Troy Limited (NASDAQ:HELE – Get Rating) will report earnings of $1.97 per share for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Helen of Troy’s earnings, with the lowest EPS estimate coming in at $1.91 and the highest estimate coming in at $2.05. Helen of Troy reported earnings per share of $3.48 in the same quarter last year, which indicates a negative year over year growth rate of 43.4%. The company is expected to announce its next earnings report on Monday, January 1st.

According to Zacks, analysts expect that Helen of Troy will report full-year earnings of $12.89 per share for the current year, with EPS estimates ranging from $12.83 to $12.95. For the next fiscal year, analysts forecast that the firm will report earnings of $13.89 per share, with EPS estimates ranging from $13.70 to $14.00. Zacks’ EPS calculations are a mean average based on a survey of research analysts that that provide coverage for Helen of Troy.

Helen of Troy (NASDAQ:HELE – Get Rating) last posted its earnings results on Wednesday, April 27th. The company reported $2.27 earnings per share for the quarter, topping analysts’ consensus estimates of $1.73 by $0.54. The business had revenue of $582.00 million for the quarter, compared to analyst estimates of $471.45 million. Helen of Troy had a net margin of 10.06% and a return on equity of 20.95%. Helen of Troy’s revenue was up 14.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.36 EPS.

A number of analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Helen of Troy from a “strong-buy” rating to a “hold” rating and set a $216.00 target price on the stock. in a report on Tuesday, March 8th. DA Davidson reissued a “neutral” rating on shares of Helen of Troy in a research note on Thursday, April 28th. StockNews.com began coverage on shares of Helen of Troy in a research note on Thursday, March 31st. They issued a “hold” rating for the company. Finally, Sidoti raised shares of Helen of Troy from a “neutral” rating to a “buy” rating and set a $263.00 price target for the company in a research note on Monday, February 7th.

In other news, Director Gary B. Abromovitz sold 1,038 shares of the company’s stock in a transaction on Thursday, May 5th. The shares were sold at an average price of $209.00, for a total value of $216,942.00. Following the completion of the sale, the director now owns 6,047 shares of the company’s stock, valued at approximately $1,263,823. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.93% of the stock is currently owned by corporate insiders.

Several institutional investors have recently made changes to their positions in the company. O Shaughnessy Asset Management LLC raised its holdings in Helen of Troy by 64.3% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 212 shares of the company’s stock valued at $48,000 after buying an additional 83 shares during the last quarter. Van ECK Associates Corp raised its holdings in Helen of Troy by 15.8% during the 1st quarter. Van ECK Associates Corp now owns 624 shares of the company’s stock valued at $122,000 after buying an additional 85 shares during the last quarter. Eaton Vance Management raised its holdings in Helen of Troy by 12.1% during the 3rd quarter. Eaton Vance Management now owns 1,817 shares of the company’s stock valued at $145,000 after buying an additional 196 shares during the last quarter. Captrust Financial Advisors raised its holdings in Helen of Troy by 47.9% during the 1st quarter. Captrust Financial Advisors now owns 874 shares of the company’s stock valued at $171,000 after buying an additional 283 shares during the last quarter. Finally, Prelude Capital Management LLC bought a new stake in Helen of Troy during the 1st quarter valued at $208,000.

Helen of Troy stock opened at $175.80 on Wednesday. The firm’s 50 day simple moving average is $202.20 and its 200 day simple moving average is $218.03. The company has a current ratio of 1.80, a quick ratio of 0.87 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $4.19 billion, a PE ratio of 19.19, a price-to-earnings-growth ratio of 1.93 and a beta of 0.70. Helen of Troy has a 1-year low of $173.67 and a 1-year high of $256.26.

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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