Zacks: Helen of Troy Ltd. (NASDAQ:HELE) Receives Average Rating of “Buy” from Analysts
Shares of Helen of Troy Ltd. (NASDAQ:HELE) have received a consensus broker rating score of 1.67 (Buy) from the three brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and two have given a strong buy recommendation to the company.
Analysts have set a 1 year consensus price target of $113.00 for the company and are expecting that the company will post $0.97 EPS for the current quarter, according to Zacks. Zacks has also assigned Helen of Troy an industry rank of 47 out of 265 based on the ratings given to its competitors.
HELE has been the subject of a number of research analyst reports. Sidoti initiated coverage on Helen of Troy in a report on Thursday, August 25th. They set a “neutral” rating and a $102.00 price target for the company. Jefferies Group reiterated a “buy” rating and set a $114.00 price target on shares of Helen of Troy in a report on Wednesday, July 6th. Finally, Zacks Investment Research cut Helen of Troy from a “buy” rating to a “hold” rating in a report on Tuesday, September 6th.
Helen of Troy (NASDAQ:HELE) traded down 0.22% during trading on Friday, reaching $87.72. The company’s stock had a trading volume of 35,565 shares. The stock has a market capitalization of $2.44 billion, a PE ratio of 25.02 and a beta of 1.11. Helen of Troy has a 1-year low of $82.28 and a 1-year high of $106.50. The stock has a 50 day moving average price of $90.77 and a 200 day moving average price of $98.47.
Helen of Troy (NASDAQ:HELE) last released its quarterly earnings results on Thursday, July 7th. The company reported $1.27 earnings per share for the quarter, topping analysts’ consensus estimates of $1.12 by $0.15. The business earned $347.90 million during the quarter. Helen of Troy had a return on equity of 18.62% and a net margin of 6.45%. The business’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.06 earnings per share. Analysts anticipate that Helen of Troy will post $6.16 earnings per share for the current fiscal year.
Large investors have recently bought and sold shares of the stock. Pacad Investment Ltd. bought a new stake in Helen of Troy during the second quarter worth about $113,000. LS Investment Advisors LLC raised its stake in Helen of Troy by 63.8% in the second quarter. LS Investment Advisors LLC now owns 1,694 shares of the company’s stock worth $174,000 after buying an additional 660 shares in the last quarter. Tower Research Capital LLC TRC bought a new stake in Helen of Troy during the second quarter worth about $188,000. Pacer Advisors Inc. bought a new stake in Helen of Troy during the second quarter worth about $195,000. Finally, Genesee Valley Trust Co. bought a new stake in Helen of Troy during the second quarter worth about $214,000. 94.68% of the stock is currently owned by institutional investors.
Helen of Troy Company Profile
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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