Helen of Troy Limited (NASDAQ:HELE) Receives $24.00 Consensus PT from Brokerages

Helen of Troy Limited (NASDAQ:HELE) has received a consensus rating of “Moderate Buy” from the five research firms that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a strong buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $24.00.

Several analysts have weighed in on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Helen of Troy in a report on Friday, March 27th. UBS Group raised their price target on Helen of Troy from $16.00 to $25.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Wall Street Zen cut Helen of Troy from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. Zacks Research raised Helen of Troy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. Finally, Canaccord Genuity Group raised their price target on Helen of Troy from $18.00 to $23.00 and gave the company a “hold” rating in a report on Friday, April 24th.

Helen of Troy Stock Down 3.6%

Shares of NASDAQ HELE opened at $28.79 on Tuesday. Helen of Troy has a 52 week low of $13.85 and a 52 week high of $33.73. The business has a 50-day simple moving average of $23.10 and a two-hundred day simple moving average of $19.99. The company has a quick ratio of 0.81, a current ratio of 1.71 and a debt-to-equity ratio of 0.95. The company has a market cap of $669.66 million, a P/E ratio of -0.74 and a beta of 1.34.

Helen of Troy (NASDAQ:HELE) last issued its earnings results on Thursday, April 23rd. The company reported $0.83 EPS for the quarter, topping the consensus estimate of $0.74 by $0.09. Helen of Troy had a positive return on equity of 7.00% and a negative net margin of 50.33%.The business had revenue of $470.03 million during the quarter, compared to the consensus estimate of $450.38 million. During the same quarter last year, the company earned $2.33 EPS. The firm’s revenue was down 3.3% compared to the same quarter last year. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. Research analysts anticipate that Helen of Troy will post 2.81 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Helen of Troy

A number of large investors have recently modified their holdings of the company. Envestnet Asset Management Inc. grew its position in Helen of Troy by 42.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 195,657 shares of the company’s stock worth $4,931,000 after acquiring an additional 58,214 shares during the last quarter. Counterpoint Mutual Funds LLC grew its position in Helen of Troy by 882.6% during the 3rd quarter. Counterpoint Mutual Funds LLC now owns 125,416 shares of the company’s stock worth $3,160,000 after acquiring an additional 112,652 shares during the last quarter. Invenomic Capital Management LP grew its position in Helen of Troy by 68.8% during the 3rd quarter. Invenomic Capital Management LP now owns 554,985 shares of the company’s stock worth $13,986,000 after acquiring an additional 226,263 shares during the last quarter. Seven Six Capital Management LLC bought a new position in Helen of Troy during the 3rd quarter worth approximately $1,378,000. Finally, Prescott Group Capital Management L.L.C. bought a new position in Helen of Troy during the 4th quarter worth approximately $2,344,000.

Helen of Troy Company Profile

Helen of Troy Limited is a global consumer products company that designs, sources and markets a diversified portfolio of household, health and beauty brands. Headquartered in El Paso, Texas, the company operates through three principal segments—Health & Home, Housewares and Beauty—offering products under well-known names including OXO, Vicks, Braun, Honeywell Home, PUR and Hot Tools. Helen of Troy distributes its products through a combination of mass, specialty and e-commerce channels to consumers, retailers and distributors worldwide.

The Housewares segment features kitchen tools, gadgets and organizational solutions marketed primarily under the OXO brand, recognized for its ergonomic “Good Grips” design.