Helen of Troy (NASDAQ:HELE) Shares Down 4.3% – What’s Next?

Helen of Troy Limited (NASDAQ:HELE) shares traded down 4.3% during mid-day trading on Wednesday . The stock traded as low as $23.25 and last traded at $23.3040. 43,159 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 718,243 shares. The stock had previously closed at $24.36.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Canaccord Genuity Group boosted their price objective on shares of Helen of Troy from $18.00 to $23.00 and gave the company a “hold” rating in a report on Friday, April 24th. UBS Group boosted their price objective on shares of Helen of Troy from $16.00 to $25.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Zacks Research upgraded shares of Helen of Troy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Helen of Troy in a report on Friday, March 27th. Finally, Wall Street Zen upgraded shares of Helen of Troy from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Helen of Troy has an average rating of “Moderate Buy” and a consensus price target of $24.00.

Helen of Troy Price Performance

The company has a 50 day moving average price of $19.14 and a 200 day moving average price of $19.03. The firm has a market cap of $592.94 million, a PE ratio of -0.65 and a beta of 1.29. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.71 and a quick ratio of 0.81.

Helen of Troy (NASDAQ:HELE) last announced its quarterly earnings data on Thursday, April 23rd. The company reported $0.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.09. The firm had revenue of $470.03 million for the quarter, compared to analyst estimates of $450.38 million. Helen of Troy had a positive return on equity of 7.00% and a negative net margin of 50.33%.Helen of Troy’s quarterly revenue was down 3.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.33 earnings per share. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. Sell-side analysts expect that Helen of Troy Limited will post 2.81 EPS for the current fiscal year.

Institutional Investors Weigh In On Helen of Troy

Institutional investors have recently made changes to their positions in the company. iSAM Funds UK Ltd bought a new stake in shares of Helen of Troy during the third quarter worth approximately $27,000. Farther Finance Advisors LLC increased its holdings in shares of Helen of Troy by 5,529.2% during the fourth quarter. Farther Finance Advisors LLC now owns 1,351 shares of the company’s stock worth $29,000 after buying an additional 1,327 shares in the last quarter. Allworth Financial LP grew its stake in shares of Helen of Troy by 922.7% in the fourth quarter. Allworth Financial LP now owns 1,350 shares of the company’s stock worth $29,000 after purchasing an additional 1,218 shares during the last quarter. Larson Financial Group LLC grew its stake in shares of Helen of Troy by 1,323.2% in the third quarter. Larson Financial Group LLC now owns 1,352 shares of the company’s stock worth $34,000 after purchasing an additional 1,257 shares during the last quarter. Finally, Hantz Financial Services Inc. increased its stake in Helen of Troy by 497.1% in the 4th quarter. Hantz Financial Services Inc. now owns 2,257 shares of the company’s stock valued at $48,000 after buying an additional 1,879 shares during the last quarter.

Helen of Troy Company Profile

Helen of Troy Limited is a global consumer products company that designs, sources and markets a diversified portfolio of household, health and beauty brands. Headquartered in El Paso, Texas, the company operates through three principal segments—Health & Home, Housewares and Beauty—offering products under well-known names including OXO, Vicks, Braun, Honeywell Home, PUR and Hot Tools. Helen of Troy distributes its products through a combination of mass, specialty and e-commerce channels to consumers, retailers and distributors worldwide.

The Housewares segment features kitchen tools, gadgets and organizational solutions marketed primarily under the OXO brand, recognized for its ergonomic “Good Grips” design.