Helen of Troy Limited (NASDAQ:HELE) Stock Has Average Target Price of $27.50 According to Brokerages

Helen of Troy Limited (NASDAQ:HELE) has been given an average recommendation of “Moderate Buy” by the five analysts that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and two have given a strong buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $27.50.

Several equities research analysts have commented on HELE shares. Canaccord Genuity Group boosted their target price on Helen of Troy from $25.00 to $26.00 and gave the company a “hold” rating in a research note on Tuesday, October 6th. Zacks Research raised shares of Helen of Troy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 13th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Helen of Troy in a research note on Monday, October 19th. Finally, UBS Group lifted their price objective on shares of Helen of Troy from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Friday, October 9th.

Helen of Troy Stock Performance

HELE opened at $37.19 on Friday. The company has a market capitalization of $869.87 million, a price-to-earnings ratio of -8.53 and a beta of 1.35. The business’s 50-day moving average price is $29.38 and its two-hundred day moving average price is $24.60. Helen of Troy has a 1 year low of $13.85 and a 1 year high of $39.03. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.65 and a quick ratio of 0.75.

Helen of Troy (NASDAQ:HELE) last posted its quarterly earnings data on Thursday, October 8th. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.29. The company had revenue of $440.93 million during the quarter, compared to analysts’ expectations of $442.33 million. Helen of Troy had a positive return on equity of 7.73% and a negative net margin of 5.43%. Helen of Troy’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.59 earnings per share. Helen of Troy has set its FY 2027 guidance at 3.600-4.150 EPS. Equities analysts expect that Helen of Troy will post 3.09 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Meeder Asset Management Inc. acquired a new stake in Helen of Troy in the 2nd quarter valued at $29,000. IFP Advisors Inc lifted its position in Helen of Troy by 122.0% during the 2nd quarter. IFP Advisors Inc now owns 1,230 shares of the company’s stock worth $36,000 after buying an additional 676 shares in the last quarter. Integrated Wealth Concepts LLC bought a new stake in Helen of Troy during the 2nd quarter worth about $61,000. Allworth Financial LP acquired a new position in shares of Helen of Troy during the 2nd quarter worth about $75,000. Finally, State of Wyoming acquired a new position in shares of Helen of Troy during the 2nd quarter worth about $87,000.

Helen of Troy Company Profile

Helen of Troy Limited is a global consumer-products company that develops, markets and sells products for home and outdoor use, health and wellness, and beauty. Its portfolio includes brands such as OXO, Hydro Flask, Osprey, Vicks, Braun, PUR, Drybar and Curlsmith. Its products range from kitchen tools, drinkware and outdoor equipment to thermometers, air purifiers, personal-care appliances and hair-care products. The company sells through retailers and online channels in the United States and international markets.