Helen of Troy (HELE) Stock Rating Upgraded by BidaskClub

Helen of Troy (NASDAQ:HELE) was upgraded by equities research analysts at BidaskClub from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday.

HELE has been the topic of several other research reports. Zacks Investment Research raised shares of Helen of Troy from a “hold” rating to a “buy” rating and set a $108.00 price target on the stock in a report on Tuesday, January 23rd. ValuEngine raised shares of Helen of Troy from a “hold” rating to a “buy” rating in a report on Wednesday, January 10th. TheStreet cut shares of Helen of Troy from a “b” rating to a “c” rating in a report on Monday, January 8th. Finally, KeyCorp reaffirmed a “hold” rating on shares of Helen of Troy in a report on Friday, November 24th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. Helen of Troy presently has an average rating of “Hold” and a consensus target price of $101.75.

Shares of Helen of Troy (NASDAQ:HELE) opened at $93.15 on Tuesday. The company has a current ratio of 1.73, a quick ratio of 0.94 and a debt-to-equity ratio of 0.41. Helen of Troy has a 1-year low of $83.60 and a 1-year high of $102.88. The stock has a market cap of $2,490.00, a price-to-earnings ratio of 129.38, a price-to-earnings-growth ratio of 6.08 and a beta of 0.79.

Helen of Troy (NASDAQ:HELE) last issued its earnings results on Monday, January 8th. The company reported $2.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.07 by $0.45. Helen of Troy had a net margin of 1.28% and a return on equity of 18.37%. The business had revenue of $453.00 million for the quarter, compared to analysts’ expectations of $452.81 million. During the same quarter in the previous year, the firm posted $2.37 EPS. The business’s revenue for the quarter was up 1.9% compared to the same quarter last year. equities research analysts forecast that Helen of Troy will post 6.52 earnings per share for the current fiscal year.

Several institutional investors have recently added to or reduced their stakes in HELE. Thrivent Financial For Lutherans increased its holdings in shares of Helen of Troy by 7.0% in the second quarter. Thrivent Financial For Lutherans now owns 5,470 shares of the company’s stock worth $515,000 after purchasing an additional 360 shares during the period. UBS Asset Management Americas Inc. increased its holdings in shares of Helen of Troy by 4.8% in the second quarter. UBS Asset Management Americas Inc. now owns 14,707 shares of the company’s stock worth $1,384,000 after purchasing an additional 675 shares during the period. Citigroup Inc. increased its holdings in shares of Helen of Troy by 18.3% in the second quarter. Citigroup Inc. now owns 1,735 shares of the company’s stock worth $163,000 after purchasing an additional 268 shares during the period. California Public Employees Retirement System increased its holdings in shares of Helen of Troy by 2.6% in the second quarter. California Public Employees Retirement System now owns 27,600 shares of the company’s stock worth $2,597,000 after purchasing an additional 700 shares during the period. Finally, Renaissance Technologies LLC increased its holdings in shares of Helen of Troy by 65.6% in the second quarter. Renaissance Technologies LLC now owns 134,786 shares of the company’s stock worth $12,683,000 after purchasing an additional 53,376 shares during the period. 93.08% of the stock is currently owned by hedge funds and other institutional investors.

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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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