Helen of Troy (NASDAQ:HELE) was upgraded by stock analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a report released on Saturday.
A number of other analysts also recently weighed in on HELE. Zacks Investment Research downgraded Helen of Troy from a “hold” rating to a “sell” rating in a research note on Tuesday. KeyCorp reiterated a “hold” rating on shares of Helen of Troy in a research report on Friday, November 24th. ValuEngine upgraded 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 target price on the stock. 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 target price on the stock. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $101.00.
Shares of Helen of Troy (HELE) opened at $91.55 on Friday. The company has a quick ratio of 0.85, a current ratio of 1.89 and a debt-to-equity ratio of 0.41. Helen of Troy has a 12 month low of $80.71 and a 12 month high of $102.88. The firm has a market capitalization of $2,456.72, a P/E ratio of 13.37, a P/E/G ratio of 12.53 and a beta of 0.91.
Helen of Troy (NASDAQ:HELE) last posted its quarterly earnings results on Thursday, October 5th. The company reported $1.65 earnings per share for the quarter, beating the Zacks’ consensus estimate 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 firm had revenue of $378.46 million for the quarter, compared to the consensus estimate of $377.08 million. During the same period in the previous year, the business earned $1.31 earnings per share. The company’s revenue for the quarter was up 2.8% compared to the same quarter last year. research analysts anticipate that Helen of Troy will post 6.42 EPS for the current year.
In other news, Director Timothy F. Meeker sold 2,500 shares of the business’s stock in a transaction on Monday, October 23rd. The stock was sold at an average price of $94.00, for a total value of $235,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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. The Manufacturers Life Insurance Company raised its holdings in shares of Helen of Troy by 425,092.9% in the second quarter. The Manufacturers Life Insurance Company now owns 59,527 shares of the company’s stock worth $5,601,000 after acquiring an additional 59,513 shares during the last quarter. Comerica Bank increased its stake in Helen of Troy by 23.0% in the second quarter. Comerica Bank now owns 36,943 shares of the company’s stock valued at $3,630,000 after purchasing an additional 6,910 shares during the last quarter. American Century Companies Inc. acquired a new position in Helen of Troy in the third quarter valued at $23,056,000. Ameriprise Financial Inc. increased its stake in Helen of Troy by 3.5% in the second quarter. Ameriprise Financial Inc. now owns 96,055 shares of the company’s stock valued at $9,038,000 after purchasing an additional 3,242 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. increased its stake in Helen of Troy by 8.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 169,451 shares of the company’s stock valued at $15,946,000 after purchasing an additional 13,242 shares during the last quarter. 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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