KeyCorp Reaffirms Hold Rating for Helen of Troy Ltd. (HELE)
Helen of Troy Ltd. (NASDAQ:HELE)‘s stock had its “hold” rating restated by equities researchers at KeyCorp in a report issued on Thursday.
HELE has been the topic of a number of other research reports. Sidoti started coverage on shares of Helen of Troy in a research note on Thursday, August 25th. They issued a “neutral” rating and a $102.00 target price on the stock. Jefferies Group restated a “buy” rating and issued a $114.00 target price on shares of Helen of Troy in a research note on Wednesday, July 6th. Finally, Zacks Investment Research lowered shares of Helen of Troy from a “buy” rating to a “hold” rating in a research note on Tuesday, September 6th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Helen of Troy presently has an average rating of “Hold” and a consensus target price of $110.25.
Shares of Helen of Troy (NASDAQ:HELE) traded up 0.43% during midday trading on Thursday, reaching $86.87. 324,371 shares of the company were exchanged. Helen of Troy has a 52-week low of $82.28 and a 52-week high of $106.50. The company’s 50-day moving average price is $88.86 and its 200 day moving average price is $97.40. The stock has a market capitalization of $2.42 billion, a price-to-earnings ratio of 24.78 and a beta of 1.00.
Helen of Troy (NASDAQ:HELE) last issued its earnings results on Thursday, October 6th. The company reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.12 by $0.19. Helen of Troy had a net margin of 6.45% and a return on equity of 18.62%. On average, equities analysts predict that Helen of Troy will post $6.16 earnings per share for the current year.
Several large investors have recently made changes to their positions in the stock. GW&K Investment Management LLC acquired a new stake in shares of Helen of Troy during the second quarter worth $25,009,000. State Treasurer State of Michigan acquired a new stake in shares of Helen of Troy during the second quarter worth $1,142,000. AXA increased its stake in shares of Helen of Troy by 10.3% in the first quarter. AXA now owns 57,000 shares of the company’s stock worth $5,910,000 after buying an additional 5,300 shares in the last quarter. Loomis Sayles & Co. L P increased its stake in shares of Helen of Troy by 32.1% in the first quarter. Loomis Sayles & Co. L P now owns 130,219 shares of the company’s stock worth $13,502,000 after buying an additional 31,679 shares in the last quarter. Finally, Riverhead Capital Management LLC boosted its position in Helen of Troy by 13.4% in the first quarter. Riverhead Capital Management LLC now owns 6,579 shares of the company’s stock valued at $682,000 after buying an additional 779 shares during the period. 94.68% of the stock is owned by institutional investors and hedge funds.
About Helen of Troy
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.
Receive News & Ratings for Helen of Troy Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helen of Troy Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.