Helen of Troy Limited (NASDAQ:HELE) Given Average Recommendation of “Hold” by Brokerages

Helen of Troy Limited (NASDAQ:HELE) has been assigned a consensus recommendation of “Hold” from the five research firms that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have given a hold rating and one has given a strong buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $26.50.

A number of research analysts have issued reports on the stock. Canaccord Genuity Group increased their target price on shares of Helen of Troy from $23.00 to $25.00 and gave the stock a “hold” rating in a research report on Thursday, July 9th. Wall Street Zen upgraded shares of Helen of Troy from a “hold” rating to a “strong-buy” rating in a research report on Sunday, July 12th. Weiss Ratings cut Helen of Troy from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday, July 21st. UBS Group increased their price target on Helen of Troy from $25.00 to $28.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Finally, Zacks Research lowered Helen of Troy from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th.

Helen of Troy Trading Up 2.1%

Shares of Helen of Troy stock opened at $28.85 on Wednesday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.81 and a current ratio of 1.78. The firm has a 50-day moving average of $27.23 and a 200-day moving average of $21.55. Helen of Troy has a 52-week low of $13.85 and a 52-week high of $30.68. The stock has a market cap of $671.92 million, a PE ratio of -1.60 and a beta of 1.31.

Helen of Troy (NASDAQ:HELE) last released its quarterly earnings results on Wednesday, July 8th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.15. Helen of Troy had a negative net margin of 22.70% and a positive return on equity of 6.46%. The business had revenue of $402.12 million for the quarter, compared to analyst estimates of $374.55 million. During the same period last year, the firm earned $0.41 earnings per share. Helen of Troy’s revenue for the quarter was up 8.2% compared to the same quarter last year. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. As a group, sell-side analysts forecast that Helen of Troy will post 2.85 EPS for the current year.

Institutional Trading of Helen of Troy

Several large investors have recently modified their holdings of the stock. Royal Bank of Canada raised its stake in Helen of Troy by 60.2% in the first quarter. Royal Bank of Canada now owns 7,102 shares of the company’s stock valued at $380,000 after purchasing an additional 2,670 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Helen of Troy by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,533 shares of the company’s stock worth $724,000 after purchasing an additional 563 shares during the period. Millennium Management LLC acquired a new stake in Helen of Troy during the first quarter worth about $14,013,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Helen of Troy by 16.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 74,309 shares of the company’s stock worth $3,975,000 after buying an additional 10,397 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in Helen of Troy by 4.6% in the 2nd quarter. American Century Companies Inc. now owns 57,265 shares of the company’s stock valued at $1,625,000 after buying an additional 2,503 shares during the period.

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.