DA Davidson reiterated their buy rating on shares of Helen of Troy (NASDAQ:HELE) in a report issued on Wednesday, The Fly reports. The firm currently has a $148.00 price target on the stock.
Several other analysts have also recently issued reports on the stock. BidaskClub cut shares of Helen of Troy from a strong-buy rating to a buy rating in a research note on Tuesday. Zacks Investment Research cut shares of Helen of Troy from a buy rating to a hold rating in a research note on Tuesday, September 11th. Finally, ValuEngine upgraded shares of Helen of Troy from a hold rating to a buy rating in a research note on Tuesday, September 4th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus price target of $133.67.
NASDAQ HELE traded up $1.07 on Wednesday, hitting $118.90. The stock had a trading volume of 429,206 shares, compared to its average volume of 203,996. Helen of Troy has a 52-week low of $81.10 and a 52-week high of $134.26. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.10 and a quick ratio of 1.11. The stock has a market capitalization of $3.45 billion, a PE ratio of 17.61, a P/E/G ratio of 3.01 and a beta of 0.73.
Helen of Troy (NASDAQ:HELE) last posted its earnings results on Tuesday, October 9th. The company reported $1.98 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.60 by $0.38. Helen of Troy had a net margin of 4.84% and a return on equity of 19.01%. The business had revenue of $393.50 million for the quarter, compared to analysts’ expectations of $349.19 million. During the same period in the prior year, the company posted $1.65 EPS. The business’s revenue for the quarter was up 14.1% compared to the same quarter last year. On average, research analysts anticipate that Helen of Troy will post 7 EPS for the current year.
A number of hedge funds and other institutional investors have recently bought and sold shares of HELE. GAM Holding AG bought a new position in shares of Helen of Troy during the 2nd quarter valued at $217,000. Oregon Public Employees Retirement Fund bought a new position in shares of Helen of Troy during the 2nd quarter valued at $1,039,000. Alps Advisors Inc. bought a new position in shares of Helen of Troy during the 2nd quarter valued at $728,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Helen of Troy during the 2nd quarter valued at $707,000. Finally, Federated Investors Inc. PA grew its holdings in shares of Helen of Troy by 6.2% during the 2nd quarter. Federated Investors Inc. PA now owns 48,800 shares of the company’s stock valued at $4,804,000 after purchasing an additional 2,851 shares during the last quarter. Institutional investors and hedge funds own 97.00% of the company’s stock.
About Helen of Troy
Helen of Troy Limited designs, develops, imports, markets, and distributes a portfolio of consumer products worldwide. It operates in three segments: Housewares, Health & Home, and Beauty. The Housewares segment offers food and beverage preparation tools and gadgets, storage containers, and organization products; household cleaning products, and shower organization, bathroom accessories, and gardening products; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; and insulated water bottles, jugs, drinkware, travel mugs, and food containers.
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