Helen of Troy (NASDAQ:HELE) Stock Price Down 5.8% – Here’s Why

Helen of Troy Limited (NASDAQ:HELE) was down 5.8% during mid-day trading on Monday . The stock traded as low as $26.66 and last traded at $26.52. Approximately 38,639 shares were traded during trading, a decline of 94% from the average session volume of 675,825 shares. The stock had previously closed at $28.14.

Analyst Ratings Changes

Several research firms have issued reports on HELE. UBS Group boosted their target price on Helen of Troy from $16.00 to $25.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Zacks Research upgraded Helen of Troy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. Wall Street Zen lowered Helen of Troy from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Helen of Troy in a research report on Wednesday, June 24th. Finally, Canaccord Genuity Group raised their target price on Helen of Troy from $18.00 to $23.00 and gave the company a “hold” rating in a report on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $24.00.

Helen of Troy Stock Performance

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 capitalization of $611.21 million, a PE ratio of -0.67 and a beta of 1.31. The stock’s fifty day simple moving average is $25.95 and its 200-day simple moving average is $20.72.

Helen of Troy (NASDAQ:HELE) last announced its quarterly 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. The business had revenue of $470.03 million for the quarter, compared to analyst estimates of $450.38 million. Helen of Troy had a positive return on equity of 7.00% and a negative net margin of 50.33%.The company’s quarterly revenue was down 3.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.33 EPS. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. On average, research analysts predict that Helen of Troy Limited will post 2.81 earnings per share for the current fiscal year.

Institutional Trading of Helen of Troy

Several large investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Helen of Troy by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,533 shares of the company’s stock worth $724,000 after buying an additional 563 shares during the last quarter. iSAM Funds UK Ltd purchased a new position in Helen of Troy during the 3rd quarter valued at about $27,000. Allworth Financial LP increased its holdings in Helen of Troy by 922.7% during the 4th quarter. Allworth Financial LP now owns 1,350 shares of the company’s stock valued at $29,000 after acquiring an additional 1,218 shares in the last quarter. Signaturefd LLC raised its position in Helen of Troy by 47.8% during the fourth quarter. Signaturefd LLC now owns 3,829 shares of the company’s stock worth $81,000 after acquiring an additional 1,238 shares during the last quarter. Finally, Larson Financial Group LLC raised its position in Helen of Troy by 1,323.2% during the third quarter. Larson Financial Group LLC now owns 1,352 shares of the company’s stock worth $34,000 after acquiring an additional 1,257 shares during the last quarter.

About Helen of Troy

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.