Helen of Troy (NASDAQ:HELE) Trading Down 5.8% Following Analyst Downgrade

Helen of Troy Limited (NASDAQ:HELE)’s share price dropped 5.8% during mid-day trading on Monday after Zacks Research downgraded the stock from a strong-buy rating to a hold rating. The company traded as low as $26.66 and last traded at $26.52. Approximately 38,639 shares traded hands during trading, a decline of 94% from the average daily volume of 675,825 shares. The stock had previously closed at $28.14.

Several other research firms have also recently commented on HELE. Canaccord Genuity Group raised their price target on shares of Helen of Troy from $18.00 to $23.00 and gave the stock a “hold” rating in a report on Friday, April 24th. UBS Group raised their price target 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. Wall Street Zen lowered shares of Helen of Troy from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Helen of Troy in a report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $24.00.

More Helen of Troy News

Here are the key news stories impacting Helen of Troy this week:

• Positive Sentiment: Helen of Troy reported Q1 EPS of $0.17, well above the $0.02 consensus estimate, and revenue of $402.1 million versus expectations of $374.6 million, signaling better-than-expected demand and execution. Article Title
• Positive Sentiment: The company also posted first-quarter net sales growth, stronger segment performance, and a return to profit, which may support the view that operations are stabilizing after a difficult period. Article Title
• Neutral Sentiment: Helen of Troy issued FY2027 EPS guidance of $3.25 to $3.75, which is broadly in line with expectations at the midpoint but not a major raise, leaving investors waiting for clearer upside. Article Title
• Neutral Sentiment: Analysts have reiterated a mixed outlook, with one recent note maintaining a Hold rating and a $23 price target, suggesting some skepticism remains despite the earnings beat. Article Title
• Negative Sentiment: Several class-action lawsuit updates circulated over the past two days, adding legal uncertainty and potential costs that could weigh on sentiment. Article Title

Hedge Funds Weigh In On Helen of Troy

Several large investors have recently added to or reduced their stakes in HELE. Millennium Management LLC increased its holdings in Helen of Troy by 164.9% in the 4th quarter. Millennium Management LLC now owns 1,049,381 shares of the company’s stock valued at $22,299,000 after buying an additional 653,300 shares during the period. Paradigm Capital Management Inc. NY bought a new position in shares of Helen of Troy during the 4th quarter worth about $11,989,000. RWWM Inc. lifted its holdings in shares of Helen of Troy by 85.7% during the 1st quarter. RWWM Inc. now owns 1,173,829 shares of the company’s stock worth $16,927,000 after acquiring an additional 541,689 shares during the period. UBS Group AG boosted its position in shares of Helen of Troy by 386.0% during the 4th quarter. UBS Group AG now owns 616,992 shares of the company’s stock valued at $13,111,000 after acquiring an additional 490,031 shares in the last quarter. Finally, Wellington Management Group LLP boosted its position in shares of Helen of Troy by 159.2% during the 3rd quarter. Wellington Management Group LLP now owns 747,220 shares of the company’s stock valued at $18,830,000 after acquiring an additional 458,979 shares in the last quarter.

Helen of Troy Stock Performance

The firm has a market cap of $638.38 million, a P/E ratio of -0.70 and a beta of 1.31. The stock’s 50 day moving average is $26.12 and its two-hundred day moving average is $20.82. 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 results on Wednesday, July 8th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.15. The firm had revenue of $402.12 million during the quarter, compared to analysts’ expectations of $374.55 million. Helen of Troy had a negative net margin of 50.33% and a positive return on equity of 7.00%. The company’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.41 earnings per share. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. As a group, equities analysts predict that Helen of Troy Limited will post 2.81 EPS for the current year.

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.