Traders Purchase High Volume of Call Options on Helen of Troy (NASDAQ:HELE)

Helen of Troy Limited (NASDAQ:HELE) was the target of unusually large options trading activity on Monday. Investors acquired 5,017 call options on the stock. This represents an increase of approximately 809% compared to the typical volume of 552 call options.

Helen of Troy Stock Performance

Shares of HELE stock opened at $28.51 on Wednesday. The company has a market cap of $664.00 million, a price-to-earnings ratio of -1.58 and a beta of 1.31. The stock has a 50 day simple moving average of $28.40 and a 200-day simple moving average of $23.39. Helen of Troy has a 12-month low of $13.85 and a 12-month 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.

Helen of Troy (NASDAQ:HELE) last announced its quarterly earnings results on Wednesday, July 8th. The company reported $0.17 earnings per share (EPS) for the quarter, beating 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 business had revenue of $402.12 million during the quarter, compared to the consensus estimate of $374.55 million. During the same quarter last year, the firm posted $0.41 EPS. The business’s revenue was up 8.2% compared to the same quarter last year. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. On average, equities analysts forecast that Helen of Troy will post 2.84 EPS for the current year.

Institutional Investors Weigh In On Helen of Troy

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Helen of Troy by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,533 shares of the company’s stock worth $724,000 after acquiring an additional 563 shares during the period. Meeder Asset Management Inc. purchased a new position in Helen of Troy in the 2nd quarter valued at approximately $29,000. iSAM Funds UK Ltd purchased a new position in Helen of Troy in the 3rd quarter valued at approximately $27,000. Allworth Financial LP raised its holdings in Helen of Troy by 922.7% during 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. Finally, Larson Financial Group LLC raised its holdings in Helen of Troy by 1,323.2% during 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.

Analyst Ratings Changes

Several equities analysts recently issued reports on HELE shares. Wall Street Zen upgraded Helen of Troy from a “hold” rating to a “strong-buy” rating in a research report on Sunday, July 12th. Canaccord Genuity Group increased their price objective on Helen of Troy from $23.00 to $25.00 and gave the stock a “hold” 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 research note on Monday, July 6th. UBS Group boosted their target price on Helen of Troy from $25.00 to $28.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. Finally, Weiss Ratings downgraded Helen of Troy from a “sell (d)” rating to a “sell (d-)” rating in a report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $26.50.

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.