Helen of Troy (HELE) Stock Rating Lowered by TheStreet

Helen of Troy (NASDAQ:HELE) was downgraded by stock analysts at TheStreet from a “b” rating to a “c” rating in a note issued to investors on Monday.

HELE has been the subject of several other research reports. Zacks Investment Research downgraded Helen of Troy from a “hold” rating to a “sell” rating in a report on Tuesday, December 5th. CL King initiated coverage on Helen of Troy in a report on Tuesday, September 12th. They set a “buy” rating and a $104.00 target price for the company. ValuEngine raised Helen of Troy from a “hold” rating to a “buy” rating in a report on Tuesday, October 10th. KeyCorp reaffirmed a “hold” rating on shares of Helen of Troy in a report on Friday, October 6th. Finally, BidaskClub raised Helen of Troy from a “buy” rating to a “strong-buy” rating in a report on Saturday, December 9th. Two research analysts have rated the stock with a sell rating, one has given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. Helen of Troy currently has an average rating of “Hold” and a consensus target price of $99.67.

Shares of Helen of Troy (NASDAQ:HELE) opened at $96.10 on Monday. The company has a quick ratio of 0.85, a current ratio of 1.89 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $2,620.00, a PE ratio of 133.47, a price-to-earnings-growth ratio of 13.33 and a beta of 0.91. Helen of Troy has a twelve month low of $85.40 and a twelve month high of $102.88.

Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings results on Monday, January 8th. The company reported $2.52 earnings per share for the quarter, topping the consensus estimate of $2.07 by $0.45. The business had revenue of $453.00 million during the quarter, compared to the consensus estimate of $452.81 million. Helen of Troy had a return on equity of 18.28% and a net margin of 6.93%. The company’s quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter last year, the company earned $2.37 earnings per share. sell-side analysts forecast that Helen of Troy will post 6.42 EPS for the current year.

In related news, Director Timothy F. Meeker sold 2,500 shares of Helen of Troy stock in a transaction dated 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. Insiders own 0.57% of the company’s stock.

A number of hedge funds have recently made changes to their positions in HELE. Flinton Capital Management LLC raised its position in Helen of Troy by 66.0% during the second quarter. Flinton Capital Management LLC now owns 1,408 shares of the company’s stock valued at $133,000 after acquiring an additional 560 shares in the last quarter. Riverhead Capital Management LLC raised its position in Helen of Troy by 85.0% during the second quarter. Riverhead Capital Management LLC now owns 1,665 shares of the company’s stock valued at $157,000 after acquiring an additional 765 shares in the last quarter. Citigroup Inc. raised its position in Helen of Troy by 18.3% during the second quarter. Citigroup Inc. now owns 1,735 shares of the company’s stock valued at $163,000 after acquiring an additional 268 shares in the last quarter. Victory Capital Management Inc. raised its position in Helen of Troy by 17.7% during the second quarter. Victory Capital Management Inc. now owns 1,966 shares of the company’s stock valued at $185,000 after acquiring an additional 295 shares in the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new position in Helen of Troy during the second quarter valued at approximately $213,000. Institutional investors own 91.76% of the company’s stock.

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About Helen of Troy

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 three segments. The Housewares segment provides a range of consumer products for the home.

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