Helen of Troy (NASDAQ:HELE) Posts Earnings Results, Misses Estimates By $0.60 EPS

Helen of Troy (NASDAQ:HELE) announced its quarterly earnings results on Tuesday. The company reported $0.99 earnings per share for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.60), Briefing.com reports. The firm had revenue of $416.80 million for the quarter, compared to the consensus estimate of $445.85 million. Helen of Troy had a return on equity of 11.65% and a net margin of 8.41%. The company’s revenue for the quarter was down 12.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.58 earnings per share. 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 Stock Up 3.2 %

NASDAQ:HELE traded up $1.98 on Thursday, hitting $63.74. 794,581 shares of the company’s stock were exchanged, compared to its average volume of 316,495. The firm has a 50-day moving average price of $98.88 and a 200-day moving average price of $109.30. 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 52 week low of $60.00 and a 52 week high of $143.68. The company has a market cap of $1.45 billion, a P/E ratio of 8.75, a price-to-earnings-growth ratio of 1.38 and a beta of 0.84.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Louisiana State Employees Retirement System grew its stake in shares of Helen of Troy by 1.5% during the first quarter. Louisiana State Employees Retirement System now owns 6,800 shares of the company’s stock worth $784,000 after buying an additional 100 shares during the last quarter. SG Americas Securities LLC grew its stake in shares of Helen of Troy by 5.3% in the first quarter. SG Americas Securities LLC now owns 2,239 shares of the company’s stock worth $258,000 after purchasing an additional 112 shares during the last quarter. Strong Tower Advisory Services grew its stake in shares of Helen of Troy by 8.7% in the fourth quarter. Strong Tower Advisory Services now owns 2,368 shares of the company’s stock worth $286,000 after purchasing an additional 190 shares during the last quarter. Oppenheimer Asset Management Inc. grew its stake in shares of Helen of Troy by 1.8% in the first quarter. Oppenheimer Asset Management Inc. now owns 11,271 shares of the company’s stock worth $1,299,000 after purchasing an additional 198 shares during the last quarter. Finally, CWM LLC grew its stake in shares of Helen of Troy by 374.6% in the second quarter. CWM LLC now owns 280 shares of the company’s stock worth $26,000 after purchasing an additional 221 shares during the last quarter.

Wall Street Analysts Forecast Growth

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

Helen of Troy Company Profile

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.