Helen of Troy (NASDAQ:HELE) Issues FY 2022 Earnings Guidance

Helen of Troy (NASDAQ:HELE) updated its FY 2022 earnings guidance on Thursday. The company provided EPS guidance of $10.460-$10.970 for the period, compared to the Thomson Reuters consensus EPS estimate of $11.830. The company issued revenue guidance of $1.93 billion-$1.98 billion, compared to the consensus revenue estimate of $2.02 billion.

A number of research firms recently weighed in on HELE. Oppenheimer restated a hold rating on shares of Helen of Troy in a report on Thursday, April 22nd. Zacks Investment Research upgraded Helen of Troy from a strong sell rating to a hold rating and set a $236.00 price target on the stock in a report on Tuesday, June 29th. Finally, DA Davidson lowered their price target on Helen of Troy from $247.00 to $223.00 and set a neutral rating on the stock in a report on Wednesday, April 14th. Five equities research analysts have rated the stock with a hold rating, The company presently has an average rating of Hold and a consensus price target of $237.25.

HELE stock opened at $223.36 on Thursday. Helen of Troy has a 1 year low of $181.85 and a 1 year high of $265.97. The company has a current ratio of 1.85, a quick ratio of 0.90 and a debt-to-equity ratio of 0.42. The company has a 50 day moving average of $219.89. The stock has a market cap of $5.38 billion, a price-to-earnings ratio of 22.38, a P/E/G ratio of 3.06 and a beta of 0.84.

Helen of Troy (NASDAQ:HELE) last posted its earnings results on Wednesday, July 7th. The company reported $3.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.63 by $0.85. Helen of Troy had a return on equity of 23.94% and a net margin of 11.29%. The firm had revenue of $541.20 million for the quarter, compared to analyst estimates of $438.91 million. During the same quarter in the prior year, the company earned $2.53 EPS. Helen of Troy’s revenue was up 28.6% on a year-over-year basis. On average, analysts anticipate that Helen of Troy will post 9.07 EPS for the current year.

In other Helen of Troy news, CEO Julien Mininberg sold 4,265 shares of the stock in a transaction on Tuesday, July 6th. The stock was sold at an average price of $235.57, for a total transaction of $1,004,706.05. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.93% of the stock is currently owned by corporate insiders.

About Helen of Troy

Helen of Troy Ltd. engages in the manufacture and distribution of personal care and household products. It operates through the following segments: Housewares, Healthcare and Home, and Beauty. The Housewares segment offers food preparation tools, containers, electronics, baby care, and cleaning products.

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

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