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

Helen of Troy (NASDAQ:HELE) issued an update on its FY25 earnings guidance on Wednesday morning. 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.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Canaccord Genuity Group reaffirmed a buy rating and issued a $84.00 price objective on shares of Helen of Troy in a research report on Monday. UBS Group lowered 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 report on Wednesday, July 10th. StockNews.com lowered Helen of Troy from a buy rating to a hold rating in a report on Wednesday, July 10th. Finally, DA Davidson lowered Helen of Troy from a buy rating to a neutral rating and lowered their target price for the company from $139.00 to $67.00 in a research note on Wednesday, July 10th.

Helen of Troy Trading Up 0.8 %

NASDAQ HELE opened at $62.37 on Wednesday. Helen of Troy has a twelve month low of $48.05 and a twelve month high of $127.83. The firm has a market capitalization of $1.42 billion, a PE ratio of 9.78, a P/E/G ratio of 1.18 and a beta of 0.86. The company has a quick ratio of 0.99, a current ratio of 1.87 and a debt-to-equity ratio of 0.40. The stock’s 50 day moving average is $55.95 and its 200 day moving average is $80.71.

Helen of Troy (NASDAQ:HELE) last posted its quarterly earnings results on Tuesday, July 9th. The company reported $0.99 EPS for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.60). Helen of Troy had a net margin of 7.82% and a return on equity of 10.25%. The firm had revenue of $416.80 million for the quarter, compared to analysts’ expectations of $445.85 million. During the same quarter in the previous year, the company earned $1.58 EPS. The company’s quarterly revenue was down 12.2% compared to the same quarter last year. Research analysts forecast that Helen of Troy will post 6.33 earnings per share for the current fiscal year.

Helen of Troy declared that its Board of Directors has authorized a stock repurchase plan on Thursday, September 5th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the company to reacquire up to 39.8% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board of directors believes its shares are 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.