$472.22 Million in Sales Expected for Helen of Troy Limited (NASDAQ:HELE) This Quarter – Defense World
Equities research analysts expect Helen of Troy Limited (NASDAQ:HELE – Get Rating) to report sales of $472.22 million for the current quarter, according to Zacks. Two analysts have issued estimates for Helen of Troy’s earnings, with estimates ranging from $471.24 million to $473.20 million. Helen of Troy reported sales of $509.38 million during the same quarter last year, which would suggest a negative year over year growth rate of 7.3%. The company is expected to issue its next quarterly earnings report before the market opens on Monday, January 1st.
According to Zacks, analysts expect that Helen of Troy will report full-year sales of $2.11 billion for the current year. For the next fiscal year, analysts expect that the firm will post sales of $2.35 billion, with estimates ranging from $2.31 billion to $2.40 billion. Zacks Investment Research’s sales averages are an average based on a survey of analysts that follow Helen of Troy.
Several analysts have recently issued reports on the stock. StockNews.com assumed coverage on shares of Helen of Troy in a research report on Thursday, March 31st. They set a “hold” rating on the stock. Sidoti upgraded shares of Helen of Troy from a “neutral” rating to a “buy” rating and set a $263.00 target price on the stock in a research report on Monday, February 7th. Zacks Investment Research cut shares of Helen of Troy from a “strong-buy” rating to a “hold” rating and set a $216.00 target price on the stock. in a research report on Tuesday, March 8th. Finally, DA Davidson reduced their price objective on shares of Helen of Troy from $266.00 to $255.00 and set a “neutral” rating on the stock in a research report on Friday, January 7th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $244.67.
Several large investors have recently modified their holdings of HELE. O Shaughnessy Asset Management LLC increased its position in shares of Helen of Troy by 64.3% during the third quarter. O Shaughnessy Asset Management LLC now owns 212 shares of the company’s stock worth $48,000 after acquiring an additional 83 shares during the period. Van ECK Associates Corp increased its position in shares of Helen of Troy by 59.1% during the third quarter. Van ECK Associates Corp now owns 533 shares of the company’s stock worth $120,000 after acquiring an additional 198 shares during the period. Eaton Vance Management boosted its stake in shares of Helen of Troy by 12.1% during the third quarter. Eaton Vance Management now owns 1,817 shares of the company’s stock valued at $145,000 after purchasing an additional 196 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in shares of Helen of Troy during the fourth quarter valued at approximately $213,000. Finally, 6 Meridian bought a new position in shares of Helen of Troy during the third quarter valued at approximately $217,000.
Shares of NASDAQ HELE opened at $204.62 on Friday. The firm’s 50-day moving average price is $203.19 and its 200-day moving average price is $222.56. The company has a current ratio of 1.86, a quick ratio of 0.93 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $4.94 billion, a price-to-earnings ratio of 24.30, a P/E/G ratio of 2.27 and a beta of 0.82. Helen of Troy has a 12-month low of $189.65 and a 12-month high of $256.26.
Helen of Troy Company Profile (Get Rating)
Helen of Troy Limited designs, develops, imports, markets, and distributes a portfolio of consumer products …….