Helen of Troy Limited (NASDAQ:HELE) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $134.70 and last traded at $134.30, with a volume of 2576 shares. The stock had previously closed at $131.12.
Several research analysts recently issued reports on the stock. BidaskClub lowered shares of Helen of Troy from a “buy” rating to a “hold” rating in a research report on Thursday, August 30th. ValuEngine lowered shares of Helen of Troy from a “buy” rating to a “hold” rating in a research report on Thursday, August 2nd. Zacks Investment Research raised shares of Helen of Troy from a “hold” rating to a “buy” rating and set a $126.00 price target for the company in a research report on Saturday, July 14th. Finally, DA Davidson reissued a “buy” rating and issued a $148.00 price target on shares of Helen of Troy in a research report on Wednesday, October 10th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $133.67.
The firm has a market capitalization of $3.38 billion, a price-to-earnings ratio of 19.83, a P/E/G ratio of 2.99 and a beta of 0.75. The company has a current ratio of 2.14, a quick ratio of 1.18 and a debt-to-equity ratio of 0.28.
Helen of Troy (NASDAQ:HELE) last posted its quarterly earnings data on Tuesday, October 9th. The company reported $1.98 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.60 by $0.38. The company had revenue of $393.50 million during the quarter, compared to analyst estimates of $349.19 million. Helen of Troy had a net margin of 7.00% and a return on equity of 19.39%. The company’s revenue was up 14.1% on a year-over-year basis. During the same quarter last year, the business posted $1.65 earnings per share. On average, equities research analysts predict that Helen of Troy Limited will post 7.08 earnings per share for the current fiscal year.
In related news, Director Gary B. Abromovitz sold 500 shares of the firm’s stock in a transaction that occurred on Thursday, November 1st. The shares were sold at an average price of $125.25, for a total value of $62,625.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Gary B. Abromovitz sold 640 shares of the firm’s stock in a transaction that occurred on Tuesday, October 23rd. The shares were sold at an average price of $123.00, for a total transaction of $78,720.00. The disclosure for this sale can be found here. Company insiders own 0.62% of the company’s stock.
Several institutional investors have recently modified their holdings of HELE. IMA Wealth Inc. acquired a new stake in shares of Helen of Troy in the second quarter valued at approximately $118,000. Bank of Montreal Can acquired a new stake in shares of Helen of Troy in the second quarter valued at approximately $122,000. Fortis Advisors LLC acquired a new stake in shares of Helen of Troy in the second quarter valued at approximately $128,000. Cornerstone Wealth Management LLC acquired a new stake in shares of Helen of Troy in the second quarter valued at approximately $143,000. Finally, Moneta Group Investment Advisors LLC acquired a new stake in shares of Helen of Troy in the second quarter valued at approximately $162,000. 96.37% of the stock is owned by institutional investors and hedge funds.
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Helen of Troy Company Profile (NASDAQ:HELE)
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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