Shares of Helen of Troy Ltd. (NASDAQ:HELE) shot up 1.6% during mid-day trading on Friday . The stock traded as high as $92.51 and last traded at $92.42, with a volume of 123,541 shares trading hands. The stock had previously closed at $90.94.

Several brokerages recently issued reports on HELE. Zacks Investment Research raised shares of Helen of Troy from a “hold” rating to a “buy” rating and set a $113.00 price objective for the company in a research note on Tuesday, July 12th. Sidoti began coverage on shares of Helen of Troy in a research note on Thursday. They set a “neutral” rating and a $102.00 price objective for the company. Jefferies Group set a $114.00 price objective on shares of Helen of Troy and gave the company a “buy” rating in a research note on Monday, August 1st. Finally, Piper Jaffray Cos. reaffirmed an “outperform” rating and set a $110.00 price objective on shares of Helen of Troy in a research note on Wednesday, May 25th.

The stock has a market capitalization of $2.58 billion and a price-to-earnings ratio of 26.46. The firm’s 50 day moving average is $96.55 and its 200-day moving average is $98.82.

Helen of Troy (NASDAQ:HELE) last issued its earnings results on Thursday, July 7th. The company reported $1.27 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.12 by $0.15. The firm earned $347.90 million during the quarter. The firm’s quarterly revenue was up .8% on a year-over-year basis. During the same quarter last year, the firm posted $1.06 earnings per share. Equities analysts forecast that Helen of Troy Ltd. will post $6.14 earnings per share for the current year.

Several hedge funds have recently modified their holdings of the stock. Airain ltd purchased a new stake in shares of Helen of Troy during the fourth quarter valued at $1,261,000. US Bancorp DE boosted its stake in shares of Helen of Troy by 4.9% in the fourth quarter. US Bancorp DE now owns 16,960 shares of the company’s stock valued at $1,599,000 after buying an additional 797 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Helen of Troy by 2.5% in the fourth quarter. Principal Financial Group Inc. now owns 191,401 shares of the company’s stock valued at $18,039,000 after buying an additional 4,658 shares during the period. Finally, New York State Common Retirement Fund boosted its stake in shares of Helen of Troy by 6.5% in the fourth quarter. New York State Common Retirement Fund now owns 27,700 shares of the company’s stock valued at $2,611,000 after buying an additional 1,700 shares during the period.

Helen of Troy Limited is a global consumer products company. The Company offers solutions for its customers through a portfolio of brands. It is a global designer, developer, importer, marketer, and distributor of a portfolio of brand-name consumer products. It has four business segments: Housewares, Healthcare/Home Environment, Nutritional Supplements and Personal Care.

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