Helen of Troy (NASDAQ:HELE) Releases FY25 Earnings Guidance

Helen of Troy (NASDAQ:HELE) updated its FY25 earnings guidance on Wednesday. The company provided EPS guidance of $7.00-7.50 for the period, compared to the consensus EPS estimate of $7.11. The company issued revenue guidance of $1.89-1.94 billion, compared to the consensus revenue estimate of $1.90 billion. Helen of Troy also updated its FY 2025 guidance to 7.000-7.500 EPS.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on HELE shares. StockNews.com downgraded Helen of Troy from a buy rating to a hold rating in a report on Wednesday, July 10th. Canaccord Genuity Group reaffirmed a buy rating and set a $84.00 price objective on shares of Helen of Troy in a report on Monday. UBS Group reduced their price objective on Helen of Troy from $100.00 to $72.00 and set a neutral rating on the stock in a report on Wednesday, July 10th. Finally, DA Davidson downgraded Helen of Troy from a buy rating to a neutral rating and reduced their price objective for the stock from $139.00 to $67.00 in a report on Wednesday, July 10th.

Helen of Troy Price Performance

HELE opened at $62.37 on Wednesday. The company has a quick ratio of 0.99, a current ratio of 1.87 and a debt-to-equity ratio of 0.40. Helen of Troy has a 12 month low of $48.05 and a 12 month high of $127.83. The company has a fifty day simple moving average of $55.95 and a 200 day simple moving average of $80.71. The stock has a market cap of $1.42 billion, a P/E ratio of 9.78, a P/E/G ratio of 1.18 and a beta of 0.86.

Helen of Troy (NASDAQ:HELE) last released its earnings results on Tuesday, July 9th. The company reported $0.99 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.60). 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 10.25% and a net margin of 7.82%. Helen of Troy’s revenue for the quarter was down 12.2% on a year-over-year basis. During the same quarter last year, the company posted $1.58 EPS. On average, research analysts expect that Helen of Troy will post 6.33 EPS for the current year.

Helen of Troy declared that its board has approved a share buyback program on Thursday, September 5th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the company to repurchase up to 39.8% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its stock is undervalued.

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.