Helen of Troy Limited (NASDAQ:HELE) Receives $26.50 Average PT from Analysts

Shares of Helen of Troy Limited (NASDAQ:HELE) have been assigned an average rating of “Hold” from the five ratings firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $26.50.

A number of analysts recently commented on the stock. Zacks Research downgraded shares of Helen of Troy from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Wall Street Zen upgraded shares of Helen of Troy from a “hold” rating to a “strong-buy” rating in a research report on Sunday, July 12th. UBS Group lifted their price target on shares of Helen of Troy from $25.00 to $28.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. Canaccord Genuity Group upped their price target on Helen of Troy from $23.00 to $25.00 and gave the stock a “hold” rating in a report on Thursday, July 9th. Finally, Weiss Ratings cut Helen of Troy from a “sell (d)” rating to a “sell (d-)” rating in a report on Tuesday, July 21st.

Institutional Trading of Helen of Troy

Several large investors have recently bought and sold shares of HELE. Wedge Capital Management L L P NC purchased a new position in shares of Helen of Troy in the second quarter valued at $1,532,000. Versant Capital Management Inc boosted its position in shares of Helen of Troy by 54.5% in the 2nd quarter. Versant Capital Management Inc now owns 3,618 shares of the company’s stock worth $105,000 after buying an additional 1,277 shares in the last quarter. Seven Six Capital Management LLC boosted its position in shares of Helen of Troy by 61.4% in the 1st quarter. Seven Six Capital Management LLC now owns 76,200 shares of the company’s stock worth $1,099,000 after buying an additional 29,000 shares in the last quarter. Royal Bank of Canada grew its stake in Helen of Troy by 561.3% in the 1st quarter. Royal Bank of Canada now owns 12,023 shares of the company’s stock valued at $173,000 after acquiring an additional 10,205 shares during the last quarter. Finally, Rubric Capital Management LP grew its stake in Helen of Troy by 42.5% in the 1st quarter. Rubric Capital Management LP now owns 366,226 shares of the company’s stock valued at $5,281,000 after acquiring an additional 109,289 shares during the last quarter.

Helen of Troy Stock Performance

NASDAQ:HELE opened at $28.24 on Wednesday. The firm has a market capitalization of $657.71 million, a PE ratio of -1.57 and a beta of 1.31. Helen of Troy has a 1 year low of $13.85 and a 1 year high of $30.68. The company has a current ratio of 1.78, a quick ratio of 0.81 and a debt-to-equity ratio of 0.82. The firm’s fifty day simple moving average is $27.52 and its 200 day simple moving average is $21.86.

Helen of Troy (NASDAQ:HELE) last released its earnings results on Wednesday, July 8th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.15. Helen of Troy had a negative net margin of 22.70% and a positive return on equity of 6.46%. The firm had revenue of $402.12 million during the quarter, compared to analyst estimates of $374.55 million. During the same quarter in the previous year, the business earned $0.41 EPS. The business’s revenue was up 8.2% on a year-over-year basis. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. On average, sell-side analysts anticipate that Helen of Troy will post 2.84 EPS for the current year.

About Helen of Troy

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.