Helen of Troy (NASDAQ:HELE) Issues FY 2020 Earnings Guidance

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Helen of Troy (NASDAQ:HELE) issued an update on its FY 2020 earnings guidance on Tuesday morning. The company provided EPS guidance of $8.40-8.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $8.38. The company issued revenue guidance of $1.59-1.62 billion, compared to the consensus revenue estimate of $1.59 billion.Helen of Troy also updated its FY20 guidance to $8.40-8.65 EPS.

HELE stock opened at $144.59 on Friday. Helen of Troy has a 52-week low of $108.31 and a 52-week high of $151.12. The business’s fifty day simple moving average is $134.52. The company has a quick ratio of 0.97, a current ratio of 2.20 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $3.67 billion, a PE ratio of 19.72, a price-to-earnings-growth ratio of 2.80 and a beta of 0.67.

Helen of Troy (NASDAQ:HELE) last posted its quarterly earnings data on Tuesday, July 9th. The company reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.40 by $0.38. Helen of Troy had a return on equity of 18.61% and a net margin of 10.81%. The business had revenue of $376.30 million for the quarter, compared to analysts’ expectations of $351.54 million. During the same quarter last year, the firm earned $1.87 earnings per share. The business’s revenue was up 6.1% on a year-over-year basis. As a group, sell-side analysts forecast that Helen of Troy will post 7.42 EPS for the current year.

HELE has been the topic of several analyst reports. BidaskClub upgraded Xilinx from a hold rating to a buy rating in a report on Saturday, June 29th. DA Davidson restated a buy rating on shares of Great Western Bancorp in a report on Thursday, April 25th. Bank of America set a $25.00 price objective on Levi Strauss & Co. and gave the stock a hold rating in a report on Wednesday. Sidoti lowered Helen of Troy from a buy rating to a neutral rating in a research report on Wednesday, May 8th. Finally, ValuEngine lowered W&T Offshore from a hold rating to a sell rating in a research report on Friday, April 26th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of Hold and an average price target of $146.33.

In related news, Director Timothy F. Meeker sold 2,400 shares of the stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $144.00, for a total value of $345,600.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.77% of the company’s stock.

About Helen of Troy

Helen of Troy Limited designs, develops, imports, markets, and distributes a portfolio of consumer products worldwide. It 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; household cleaning products, and shower organization, bathroom accessories, and gardening products; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; and insulated water bottles, jugs, drinkware, travel mugs, and food containers.

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Earnings History and Estimates for Helen of Troy (NASDAQ:HELE)

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