Helen of Troy (NASDAQ:HELE) was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a report issued on Saturday, December 9th.
A number of other analysts have also recently commented on the stock. Bank of America initiated coverage on shares of Helen of Troy in a research note on Tuesday, August 29th. They issued an “underperform” rating and a $87.00 target price for the company. Zacks Investment Research lowered shares of Helen of Troy from a “hold” rating to a “sell” rating in a research report on Tuesday, December 5th. CL King initiated coverage on shares of Helen of Troy in a research report on Tuesday, September 12th. They set a “buy” rating and a $104.00 price target for the company. KeyCorp reissued a “hold” rating on shares of Helen of Troy in a research report on Friday, October 6th. Finally, ValuEngine raised shares of Helen of Troy from a “hold” rating to a “buy” rating in a research report on Tuesday, October 10th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $101.00.
Helen of Troy (NASDAQ:HELE) traded down $0.40 during mid-day trading on Friday, reaching $95.95. 120,853 shares of the company were exchanged, compared to its average volume of 104,600. The firm has a market cap of $2,627.13, a PE ratio of 24.48, a PEG ratio of 13.40 and a beta of 0.91. The company has a quick ratio of 0.85, a current ratio of 1.89 and a debt-to-equity ratio of 0.41. Helen of Troy has a one year low of $84.38 and a one year high of $102.88.
Helen of Troy (NASDAQ:HELE) last released its earnings results on Thursday, October 5th. The company reported $1.65 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.29. The company had revenue of $378.46 million during the quarter, compared to analysts’ expectations of $377.08 million. Helen of Troy had a net margin of 6.93% and a return on equity of 18.28%. Helen of Troy’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period last year, the business earned $1.31 EPS. sell-side analysts anticipate that Helen of Troy will post 6.42 earnings per share for the current year.
In other news, Director Timothy F. Meeker sold 2,500 shares of Helen of Troy stock in a transaction that occurred on Monday, October 23rd. The shares were sold at an average price of $94.00, for a total transaction of $235,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.57% of the company’s stock.
Several large investors have recently bought and sold shares of the company. Wells Fargo & Company MN increased its holdings in shares of Helen of Troy by 4.2% during the 3rd quarter. Wells Fargo & Company MN now owns 661,307 shares of the company’s stock valued at $64,081,000 after purchasing an additional 26,440 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Helen of Troy by 0.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 307,094 shares of the company’s stock valued at $28,898,000 after purchasing an additional 1,198 shares in the last quarter. Alliancebernstein L.P. increased its holdings in shares of Helen of Troy by 296.3% during the 2nd quarter. Alliancebernstein L.P. now owns 282,067 shares of the company’s stock valued at $26,543,000 after purchasing an additional 210,886 shares in the last quarter. Kennedy Capital Management Inc. increased its holdings in shares of Helen of Troy by 14.0% during the 2nd quarter. Kennedy Capital Management Inc. now owns 273,985 shares of the company’s stock valued at $25,782,000 after purchasing an additional 33,565 shares in the last quarter. Finally, American Century Companies Inc. purchased a new position in shares of Helen of Troy during the 3rd quarter valued at approximately $23,056,000. 91.76% of the stock is owned by hedge funds and other institutional investors.
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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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