BidaskClub upgraded shares of Helen of Troy (NASDAQ:HELE) from a buy rating to a strong-buy rating in a research report sent to investors on Saturday.
A number of other equities analysts also recently weighed in on the company. Zacks Investment Research downgraded Helen of Troy from a hold rating to a sell rating in a research report on Tuesday, December 5th. KeyCorp reaffirmed a hold rating on shares of Helen of Troy in a research report on Friday, November 24th. ValuEngine raised Helen of Troy from a hold rating to a buy rating in a research report on Tuesday, October 10th. CL King began coverage on Helen of Troy in a research report on Tuesday, September 12th. They set a buy rating and a $104.00 price target for the company. Finally, Bank of America began coverage on Helen of Troy in a research report on Tuesday, August 29th. They set an underperform rating and a $87.00 price target for the company. Two analysts have rated the stock with a sell rating, one has given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. Helen of Troy has an average rating of Buy and a consensus target price of $101.00.
Helen of Troy (NASDAQ HELE) traded up $0.95 during midday trading on Friday, reaching $91.55. The company had a trading volume of 173,676 shares, compared to its average volume of 144,366. Helen of Troy has a twelve month low of $80.71 and a twelve month high of $102.88. The company has a current ratio of 1.89, a quick ratio of 0.85 and a debt-to-equity ratio of 0.41. The company has a market cap of $2,496.29, a PE ratio of 13.58, a price-to-earnings-growth ratio of 12.73 and a beta of 0.91.
Helen of Troy (NASDAQ:HELE) last posted its earnings results on Thursday, October 5th. The company reported $1.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.29. Helen of Troy had a return on equity of 18.28% and a net margin of 6.93%. The business had revenue of $378.46 million during the quarter, compared to analysts’ expectations of $377.08 million. During the same period in the prior year, the business earned $1.31 EPS. Helen of Troy’s revenue for the quarter was up 2.8% compared to the same quarter last year. analysts anticipate that Helen of Troy will post 6.42 EPS for the current fiscal year.
In other Helen of Troy news, Director Timothy F. Meeker sold 2,500 shares of the company’s stock in a transaction that occurred on Monday, October 23rd. The stock was sold at an average price of $94.00, for a total transaction of $235,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.57% of the company’s stock.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Flinton Capital Management LLC boosted its holdings in shares of Helen of Troy by 66.0% in the 2nd quarter. Flinton Capital Management LLC now owns 1,408 shares of the company’s stock valued at $133,000 after buying an additional 560 shares during the last quarter. Riverhead Capital Management LLC boosted its holdings in shares of Helen of Troy by 85.0% in the 2nd quarter. Riverhead Capital Management LLC now owns 1,665 shares of the company’s stock valued at $157,000 after buying an additional 765 shares during the last quarter. Citigroup Inc. boosted its holdings in shares of Helen of Troy by 18.3% in the 2nd quarter. Citigroup Inc. now owns 1,735 shares of the company’s stock valued at $163,000 after buying an additional 268 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in shares of Helen of Troy by 17.7% in the 2nd quarter. Victory Capital Management Inc. now owns 1,966 shares of the company’s stock valued at $185,000 after buying an additional 295 shares during the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of Helen of Troy in the 2nd quarter valued at approximately $213,000. 91.76% of the stock is owned by institutional investors.
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Helen of Troy Company Profile
Helen Of Troy Limited is a global consumer products company that offers a range of solutions for its customers through a range of brands. The Company is a global designer, developer, importer, marketer and distributor of a portfolio of brand-name consumer products. The Company has four segments. The Housewares segment provides a range of consumer products for the home.
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