Helen of Troy (NASDAQ:HELE – Get Ranking) will announce its earnings outcomes earlier than the market opens on Wednesday, October fifth. Analysts count on the corporate to announce earnings of $1.82 per share for the quarter. Helen of Troy has set its FY 2023 steering at $9.85-$10.35 EPS.Events all for listening to the corporate’s convention name can accomplish that utilizing this hyperlink.
Helen of Troy (NASDAQ:HELE – Get Ranking) final issued its earnings outcomes on Thursday, July seventh. The corporate reported $1.77 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.16. The agency had income of $508.10 million for the quarter, in comparison with the consensus estimate of $474.17 million. Helen of Troy had a return on fairness of 18.08% and a internet margin of 8.74%. The corporate’s income was down 6.1% in comparison with the identical quarter final 12 months. Throughout the identical quarter final 12 months, the enterprise posted $2.95 EPS. On common, analysts count on Helen of Troy to submit $8 EPS for the present fiscal 12 months and $9 EPS for the subsequent fiscal 12 months.
Helen of Troy Buying and selling Down 4.7 %
Shares of HELE inventory opened at $101.35 on Wednesday. The inventory’s fifty day shifting common worth is $126.46 and its two-hundred day shifting common worth is $164.33. The corporate has a market cap of $2.43 billion, a PE ratio of 12.88, a P/E/G ratio of 1.64 and a beta of 0.63. Helen of Troy has a fifty-two week low of $101.10 and a fifty-two week excessive of $256.26. The corporate has a debt-to-equity ratio of 0.80, a fast ratio of 0.93 and a present ratio of 1.95.
Analysts Set New Value Targets
A number of analysis corporations not too long ago weighed in on HELE. StockNews.com downgraded Helen of Troy from a “maintain” score to a “promote” score in a report on Saturday, July sixteenth. TheStreet lowered Helen of Troy from a “b-” score to a “c+” score in a analysis report on Thursday, June sixteenth. CL King lowered their goal worth on Helen of Troy from $282.00 to $206.00 in a analysis report on Tuesday, June twenty eighth. Raymond James assumed protection on Helen of Troy in a analysis report on Tuesday, July twelfth. They set a “market carry out” score for the corporate. Lastly, DA Davidson lowered their worth goal on Helen of Troy from $244.00 to $175.00 and set a “impartial” score for the corporate in a analysis report on Friday, July eighth. One funding analyst has rated the inventory with a promote score, two have given a maintain score and one has assigned a purchase score to the corporate’s inventory. Based mostly on information from MarketBeat.com, Helen of Troy at present has a median score of “Maintain” and a median goal worth of $214.67.
Institutional Buyers Weigh In On Helen of Troy
A number of giant buyers have not too long ago made modifications to their positions within the enterprise. DZ BANK AG Deutsche Zentral Genossenschafts Financial institution Frankfurt am Primary bought a brand new stake in Helen of Troy within the 2nd quarter value about $65,000. Captrust Monetary Advisors elevated its holdings in Helen of Troy by 47.9% within the 1st quarter. Captrust Monetary Advisors now owns 874 shares of the corporate’s inventory value $171,000 after buying a further 283 shares over the past quarter. Prelude Capital Administration LLC bought a brand new stake in Helen of Troy within the 1st quarter value about $208,000. Quantamental Applied sciences LLC bought a brand new stake in Helen of Troy within the 1st quarter value about $223,000. Lastly, NewEdge Advisors LLC bought a brand new stake in Helen of Troy within the 2nd quarter value about $294,000.
About Helen of Troy
Helen of Troy Restricted supplies varied shopper merchandise in the US, Canada, Europe, the Center East, Africa, the Asia Pacific, and Latin America. The corporate operates by three segments: Dwelling & Out of doors, Well being & Wellness, and Magnificence. The Dwelling & Out of doors phase gives meals preparation instruments and devices, storage containers, and group merchandise; espresso makers, grinders, guide pour overs, and tea kettles; family cleansing merchandise, bathe group, and toilet equipment; feeding and ingesting merchandise, youngster seating merchandise, cleansing instruments, and nursery equipment; insulated water bottles, hydration packs, drinkware, mugs, meals containers, lunch containers, insulated totes, mushy coolers, and equipment; and technical and out of doors sports activities packs, journey packs, baggage, daypacks, and on a regular basis packs.
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