Helen of Troy (NASDAQ:HELE) Announces Quarterly Earnings Results

Helen of Troy (NASDAQ:HELE) issued its quarterly earnings results on Wednesday. The company reported $2.11 earnings per share for the quarter, beating the consensus estimate of $2.00 by $0.11, reports. The company had revenue of $489.20 million during the quarter, compared to the consensus estimate of $477.88 million. Helen of Troy had a return on equity of 11.65% and a net margin of 8.41%. Helen of Troy updated its FY25 guidance to $8.70-$9.20 EPS and its FY 2025 guidance to 8.700-9.200 EPS.

Helen of Troy Stock Up 0.4 %

NASDAQ HELE traded up $0.36 during trading hours on Friday, hitting $91.21. The company had a trading volume of 757,665 shares, compared to its average volume of 373,664. Helen of Troy has a fifty-two week low of $86.23 and a fifty-two week high of $143.68. The company has a market capitalization of $2.17 billion, a price-to-earnings ratio of 12.92, a P/E/G ratio of 1.34 and a beta of 0.80. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.87 and a quick ratio of 0.98. The firm’s 50 day moving average is $112.60 and its 200 day moving average is $112.17.

Institutional Trading of Helen of Troy

Large investors have recently added to or reduced their stakes in the stock. Norges Bank purchased a new position in Helen of Troy in the 4th quarter valued at about $27,380,000. Capital Research Global Investors lifted its holdings in Helen of Troy by 6.9% in the fourth quarter. Capital Research Global Investors now owns 1,761,029 shares of the company’s stock worth $212,750,000 after acquiring an additional 114,215 shares during the last quarter. Public Employees Retirement Association of Colorado lifted its holdings in Helen of Troy by 1,351.6% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 89,940 shares of the company’s stock worth $10,866,000 after acquiring an additional 83,744 shares during the last quarter. Capital Fund Management S.A. bought a new position in Helen of Troy in the fourth quarter worth about $8,583,000. Finally, First Eagle Investment Management LLC bought a new position in Helen of Troy in the third quarter worth about $5,921,000.

Wall Street Analyst Weigh In

Several research analysts have weighed in on HELE shares. UBS Group cut their price target on Helen of Troy from $121.00 to $100.00 and set a “neutral” rating for the company in a report on Thursday. DA Davidson dropped their price objective on Helen of Troy from $151.00 to $139.00 and set a “buy” rating for the company in a report on Thursday. Finally, StockNews.com upgraded Helen of Troy from a “hold” rating to a “buy” rating in a report on Tuesday, January 9th.

About Helen of Troy

Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates in two segments: Home & Outdoor and Beauty & Wellness. The Home & Outdoor segment offers food 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, cleaning tools, and nursery accessories; insulated hydration bottles, hydration packs, drinkware, mugs, food containers, lunch containers, insulated totes, soft coolers, and accessories; and technical and outdoor sports packs, travel packs and accessories, luggage, daypacks, and everyday packs.