BidaskClub lowered shares of Helen of Troy (NASDAQ:HELE) from a buy rating to a hold rating in a research report sent to investors on Wednesday.
HELE has been the topic of several other research reports. Zacks Investment Research downgraded Helen of Troy from a hold rating to a sell rating in a research note on Monday, January 21st. Bank of America set a $151.00 target price on Helen of Troy and gave the company a buy rating in a research note on Monday, November 19th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has an average rating of Buy and a consensus target price of $141.67.
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Shares of Helen of Troy stock opened at $115.29 on Wednesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.11 and a current ratio of 2.01. The firm has a market cap of $2.95 billion, a price-to-earnings ratio of 17.08, a price-to-earnings-growth ratio of 2.76 and a beta of 0.69. Helen of Troy has a 1-year low of $81.10 and a 1-year high of $145.46.
Helen of Troy (NASDAQ:HELE) last announced its earnings results on Tuesday, January 8th. The company reported $2.40 earnings per share for the quarter, beating the consensus estimate of $2.16 by $0.24. The firm had revenue of $431.10 million for the quarter, compared to the consensus estimate of $425.76 million. Helen of Troy had a return on equity of 18.45% and a net margin of 12.19%. The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.52 EPS. On average, research analysts forecast that Helen of Troy will post 7.03 EPS for the current fiscal year.
A number of institutional investors have recently made changes to their positions in the business. BlackRock Inc. raised its stake in shares of Helen of Troy by 4.5% in the 4th quarter. BlackRock Inc. now owns 3,197,246 shares of the company’s stock worth $419,416,000 after buying an additional 137,467 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Helen of Troy by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 2,369,993 shares of the company’s stock worth $310,232,000 after buying an additional 16,942 shares in the last quarter. Vanguard Group Inc raised its stake in shares of Helen of Troy by 0.7% in the 3rd quarter. Vanguard Group Inc now owns 2,369,993 shares of the company’s stock worth $310,232,000 after buying an additional 16,942 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Helen of Troy by 0.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,165,703 shares of the company’s stock worth $152,590,000 after buying an additional 4,268 shares in the last quarter. Finally, Fisher Asset Management LLC raised its stake in shares of Helen of Troy by 1.0% in the 4th quarter. Fisher Asset Management LLC now owns 766,662 shares of the company’s stock worth $100,571,000 after buying an additional 7,374 shares in the last quarter. 94.33% of the stock is currently owned by hedge funds and other institutional investors.
Helen of Troy Company Profile
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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