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

Helen of Troy (NASDAQ:HELE) issued its quarterly earnings data on Tuesday. The company reported $0.99 EPS for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.60), Briefing.com reports. Helen of Troy had a return on equity of 11.65% and a net margin of 8.41%. The company had revenue of $416.80 million for the quarter, compared to analyst estimates of $445.85 million. During the same quarter in the prior year, the firm earned $1.58 EPS. The company’s revenue for the quarter was down 12.2% compared to the same quarter last year. Helen of Troy updated its FY25 guidance to $7.00-7.50 EPS and its FY 2025 guidance to 7.000-7.500 EPS.

Helen of Troy Trading Down 4.0 %

NASDAQ HELE opened at $61.76 on Thursday. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 8.75, a price-to-earnings-growth ratio of 1.38 and a beta of 0.84. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.87 and a quick ratio of 0.99. Helen of Troy has a 12 month low of $60.00 and a 12 month high of $143.68. The company’s fifty day moving average price is $98.88 and its two-hundred day moving average price is $109.30.

Analyst Ratings Changes

Several analysts have issued reports on HELE shares. StockNews.com downgraded shares of Helen of Troy from a “buy” rating to a “hold” rating in a research report on Wednesday. UBS Group dropped their price target on shares of Helen of Troy from $100.00 to $72.00 and set a “neutral” rating on the stock in a research note on Wednesday. DA Davidson lowered shares of Helen of Troy from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $139.00 to $67.00 in a report on Wednesday. Finally, Canaccord Genuity Group lowered their target price on Helen of Troy from $137.00 to $84.00 and set a “buy” rating for the company in a research note on Wednesday.

Institutional Investors Weigh In On Helen of Troy

Hedge funds and other institutional investors have recently modified their holdings of the stock. Norges Bank bought a new position in shares of Helen of Troy during the fourth quarter worth about $27,380,000. Capital Research Global Investors lifted its holdings in Helen of Troy by 6.9% during the 4th quarter. Capital Research Global Investors now owns 1,761,029 shares of the company’s stock worth $212,750,000 after buying an additional 114,215 shares during the last quarter. Public Employees Retirement Association of Colorado grew its position in shares of Helen of Troy by 1,351.6% in the 4th 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 in the last quarter. Capital Fund Management S.A. bought a new stake in shares of Helen of Troy in the 4th quarter valued at approximately $8,583,000. Finally, Earnest Partners LLC raised its position in shares of Helen of Troy by 10.9% during the 1st quarter. Earnest Partners LLC now owns 648,515 shares of the company’s stock valued at $74,735,000 after acquiring an additional 63,595 shares in the last quarter.

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 storage containers, kitchen utensils for cooking and preparing salads, fruits, vegetables and meats, graters, slicers and choppers, baking essentials, kitchen organization, bath, cleaning, infant and toddler products, and coffee preparation tools and electronics; and insulated beverageware, including bottles, travel tumblers, drinkware, mugs, food and lunch containers, insulated totes, soft coolers, outdoor kitchenware, and accessories.