Equities research analysts at CL King began coverage on shares of Helen of Troy Limited (NASDAQ:HELE) in a research report issued to clients and investors on Tuesday. The firm set a “buy” rating and a $104.00 price target on the stock. CL King’s price objective would suggest a potential upside of 8.73% from the company’s previous close.

HELE has been the topic of a number of other reports. Bank of America Corporation initiated coverage on shares of Helen of Troy Limited in a report on Tuesday, August 29th. They issued an “underperform” rating and a $87.00 price objective on the stock. BidaskClub lowered shares of Helen of Troy Limited from a “buy” rating to a “hold” rating in a report on Saturday, August 26th. Finally, Zacks Investment Research upgraded shares of Helen of Troy Limited from a “sell” rating to a “hold” rating in a report on Tuesday, June 27th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. Helen of Troy Limited presently has a consensus rating of “Hold” and an average price target of $100.33.

Helen of Troy Limited (NASDAQ HELE) opened at 95.55 on Tuesday. The firm has a market capitalization of $2.60 billion, a P/E ratio of 20.74 and a beta of 0.97. The stock’s 50 day moving average price is $97.37 and its 200-day moving average price is $94.70. Helen of Troy Limited has a 12 month low of $77.50 and a 12 month high of $102.88.

Helen of Troy Limited (NASDAQ:HELE) last issued its quarterly earnings results on Monday, July 10th. The company reported $1.37 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.29 by $0.08. Helen of Troy Limited had a net margin of 8.23% and a return on equity of 17.70%. The company had revenue of $359.61 million during the quarter, compared to analysts’ expectations of $358.40 million. During the same quarter last year, the company posted $1.27 EPS. The firm’s revenue was up 3.4% compared to the same quarter last year. Equities analysts forecast that Helen of Troy Limited will post $6.70 earnings per share for the current year.

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Large investors have recently made changes to their positions in the stock. M&T Bank Corp increased its stake in Helen of Troy Limited by 0.4% in the second quarter. M&T Bank Corp now owns 7,263 shares of the company’s stock valued at $683,000 after purchasing an additional 27 shares during the period. Capstone Asset Management Co. increased its stake in Helen of Troy Limited by 2.2% in the second quarter. Capstone Asset Management Co. now owns 2,292 shares of the company’s stock valued at $216,000 after purchasing an additional 50 shares during the period. Meeder Asset Management Inc. increased its stake in Helen of Troy Limited by 0.5% in the second quarter. Meeder Asset Management Inc. now owns 9,330 shares of the company’s stock valued at $878,000 after purchasing an additional 50 shares during the period. Oregon Public Employees Retirement Fund increased its stake in Helen of Troy Limited by 1.0% in the first quarter. Oregon Public Employees Retirement Fund now owns 9,933 shares of the company’s stock valued at $936,000 after purchasing an additional 100 shares during the period. Finally, Comerica Bank increased its stake in Helen of Troy Limited by 0.5% in the first quarter. Comerica Bank now owns 30,033 shares of the company’s stock valued at $2,898,000 after purchasing an additional 163 shares during the period. Hedge funds and other institutional investors own 90.10% of the company’s stock.

About Helen of Troy Limited

Helen Of Troy Limited is a global consumer products company that offers a range of solutions for its customers through a range of brands. The Company is a global designer, developer, importer, marketer and distributor of a portfolio of brand-name consumer products. The Company has four segments. The Housewares segment provides a range of consumer products for the home.

Analyst Recommendations for Helen of Troy Limited (NASDAQ:HELE)

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