Helen of Troy (NASDAQ:HELE) Shares Climb 5.9% – Still a Buy?

Helen of Troy Limited (NASDAQ:HELE) was up 5.9% on Monday. The company traded as high as $27.46 and last traded at $28.0620. 100,513 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 604,092 shares. The stock had previously closed at $26.51.

Wall Street Analyst Weigh In

HELE has been the topic of a number of analyst reports. Weiss Ratings lowered shares of Helen of Troy from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday, July 21st. Canaccord Genuity Group boosted their target price on shares of Helen of Troy from $25.00 to $26.00 and gave the stock a “hold” rating in a research report on Tuesday, October 6th. Zacks Research downgraded shares of Helen of Troy from a “strong-buy” rating to a “hold” rating in a research note 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 note on Sunday, July 12th. Finally, UBS Group raised their price target on shares of Helen of Troy from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $27.50.

Helen of Troy Price Performance

The business has a fifty day moving average of $28.19 and a 200 day moving average of $25.51. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.65 and a quick ratio of 0.75. The stock has a market cap of $660.63 million, a PE ratio of -6.51 and a beta of 1.34.

Helen of Troy (NASDAQ:HELE) last posted its quarterly earnings data on Thursday, October 8th. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.29. Helen of Troy had a positive return on equity of 7.73% and a negative net margin of 5.43%. The company had revenue of $440.93 million for the quarter, compared to the consensus estimate of $442.33 million. During the same period in the previous year, the business earned $0.59 EPS. Helen of Troy’s revenue for the quarter was up 2.1% compared to the same quarter last year. Helen of Troy has set its FY 2027 guidance at 3.600-4.150 EPS. Sell-side analysts anticipate that Helen of Troy Limited will post 2.82 earnings per share for the current year.

Institutional Trading of Helen of Troy

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

Helen of Troy Company Profile

Helen of Troy Limited is a global consumer products company that develops, markets and distributes branded products across the home and outdoor, beauty, and health and wellness categories. Its portfolio includes household and organization products, drinkware and outdoor equipment, personal-care appliances, hair-care products, and consumer health products.

The company’s principal brands include OXO, Hydro Flask, Osprey, Drybar and Hot Tools. Helen of Troy also markets certain health and wellness products under licensed brands, including Vicks, Braun and Honeywell, as well as beauty products under selected licensed and owned brands.