Helen of Troy Limited (NASDAQ:HELE) Given Consensus Recommendation of “Hold” by Brokerages

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

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

Helen of Troy Price Performance

Shares of HELE stock opened at $29.53 on Thursday. The company has a market capitalization of $687.81 million, a PE ratio of -1.64 and a beta of 1.31. The firm has a fifty day simple moving average of $28.40 and a 200-day simple moving average of $24.55. The company has a current ratio of 1.78, a quick ratio of 0.81 and a debt-to-equity ratio of 0.82. Helen of Troy has a twelve month low of $13.85 and a twelve month high of $30.68.

Helen of Troy (NASDAQ:HELE) last released its quarterly earnings results on Wednesday, July 8th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $374.55 million. During the same quarter in the previous year, the firm posted $0.41 EPS. The firm’s quarterly 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. Equities research analysts anticipate that Helen of Troy will post 2.84 earnings per share for the current fiscal year.

Institutional Trading of Helen of Troy

A number of hedge funds and other institutional investors have recently made changes to their positions in HELE. BlackRock Inc. bought a new position in Helen of Troy during the 2nd quarter valued at $54,740,000. RWWM Inc. increased its position in shares of Helen of Troy by 85.7% in the 1st quarter. RWWM Inc. now owns 1,173,829 shares of the company’s stock worth $16,927,000 after purchasing an additional 541,689 shares during the last quarter. Bank of America Corp DE bought a new stake in shares of Helen of Troy in the 2nd quarter worth about $27,749,000. Paradigm Capital Management Inc. NY raised its stake in shares of Helen of Troy by 64.3% in the 1st quarter. Paradigm Capital Management Inc. NY now owns 927,100 shares of the company’s stock valued at $13,369,000 after purchasing an additional 362,900 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in shares of Helen of Troy by 12.8% during the second quarter. Wellington Management Group LLP now owns 824,238 shares of the company’s stock worth $23,961,000 after purchasing an additional 93,350 shares during the last quarter.

Helen of Troy Company Profile

Helen of Troy Limited (NASDAQ:HELE) is a consumer products company that develops, manufactures, and markets branded products in the beauty, wellness, household, and outdoor categories. Its portfolio includes personal-care and beauty products, health and wellness devices, kitchen and household products, and hydration and outdoor recreation gear.

The company’s well-known brands include OXO, Hydro Flask, Osprey, Drybar, Vicks, Braun, Hot Tools, Revlon, and Honeywell-branded products sold under license, among others.