Shares of Helen of Troy Limited (NASDAQ:HELE) have earned a consensus recommendation of “Hold” from the seven research firms that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $99.67.
Several equities analysts have recently issued reports on the company. BidaskClub upgraded Helen of Troy from a “buy” rating to a “strong-buy” rating in a research note on Saturday, December 9th. Zacks Investment Research cut Helen of Troy from a “hold” rating to a “sell” rating in a research note on Tuesday, December 5th. KeyCorp reiterated a “hold” rating on shares of Helen of Troy in a research note on Friday, November 24th. ValuEngine upgraded Helen of Troy from a “hold” rating to a “buy” rating in a research note on Tuesday, October 10th. Finally, CL King assumed coverage on Helen of Troy in a research note on Tuesday, September 12th. They issued a “buy” rating and a $104.00 price objective for the company.
Helen of Troy (HELE) opened at $97.45 on Tuesday. Helen of Troy has a twelve month low of $85.40 and a twelve month high of $102.88. The company has a market capitalization of $2,660.00, a PE ratio of 24.86, a P/E/G ratio of 13.33 and a beta of 0.91. The company has a current ratio of 1.89, a quick ratio of 0.85 and a debt-to-equity ratio of 0.41.
Helen of Troy (NASDAQ:HELE) last announced its earnings results on Monday, January 8th. The company reported $2.52 EPS for the quarter, beating analysts’ consensus estimates of $2.25 by $0.27. Helen of Troy had a return on equity of 18.28% and a net margin of 6.93%. The company had revenue of $453.00 million during the quarter, compared to analysts’ expectations of $452.81 million. During the same period last year, the business posted $2.37 EPS. Helen of Troy’s revenue for the quarter was up 1.9% on a year-over-year basis. equities analysts anticipate that Helen of Troy will post 6.42 earnings per share for the current fiscal year.
In other news, Director Timothy F. Meeker sold 2,500 shares of the firm’s 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 sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.57% of the company’s stock.
Hedge funds and other institutional investors have recently modified their holdings of the company. Flinton Capital Management LLC raised its position in shares of Helen of Troy by 66.0% during the 2nd quarter. Flinton Capital Management LLC now owns 1,408 shares of the company’s stock worth $133,000 after acquiring an additional 560 shares in the last quarter. Riverhead Capital Management LLC increased 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 worth $157,000 after buying an additional 765 shares during the period. Citigroup Inc. increased 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 worth $163,000 after buying an additional 268 shares during the period. Victory Capital Management Inc. increased 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 worth $185,000 after buying an additional 295 shares during the period. Finally, Cubist Systematic Strategies LLC acquired a new position in Helen of Troy during the second quarter worth approximately $213,000. 91.76% of the stock is currently owned by institutional investors and hedge funds.
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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 three segments. The Housewares segment provides a range of consumer products for the home.
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