Helen of Troy Limited (NASDAQ:HELE) Stock Has Consensus Target Price of $27.50

Shares of Helen of Troy Limited (NASDAQ:HELE) have received a consensus recommendation of “Hold” from the five ratings firms that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a strong buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $27.50.

A number of research firms have issued reports on HELE. Weiss Ratings cut shares of Helen of Troy from a “sell (d)” rating to a “sell (d-)” rating in a report on Tuesday, July 21st. Wall Street Zen upgraded shares of Helen of Troy from a “hold” rating to a “strong-buy” rating in a research note on Sunday, July 12th. Canaccord Genuity Group increased their price objective on Helen of Troy from $25.00 to $26.00 and gave the company a “hold” rating in a report on Tuesday, October 6th. Zacks Research lowered Helen of Troy from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Finally, UBS Group raised their price target on shares of Helen of Troy from $28.00 to $29.00 and gave the stock a “neutral” rating in a research report on Friday, October 9th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new position in shares of Helen of Troy during the 2nd quarter valued at about $54,740,000. Bank of America Corp DE acquired a new position in shares of Helen of Troy in the 2nd quarter valued at about $27,749,000. Wellington Management Group LLP lifted its holdings in shares of Helen of Troy by 12.8% in the 2nd quarter. Wellington Management Group LLP now owns 824,238 shares of the company’s stock valued at $23,961,000 after buying an additional 93,350 shares during the period. Pzena Investment Management LLC acquired a new position in shares of Helen of Troy in the 2nd quarter valued at about $19,668,000. Finally, RWWM Inc. boosted its stake in shares of Helen of Troy by 85.7% in the first quarter. RWWM Inc. now owns 1,173,829 shares of the company’s stock worth $16,927,000 after buying an additional 541,689 shares during the last quarter.

Helen of Troy Trading Up 2.6%

HELE opened at $28.55 on Monday. The firm has a market cap of $667.78 million, a price-to-earnings ratio of -6.55 and a beta of 1.34. The company has a current ratio of 1.65, a quick ratio of 0.75 and a debt-to-equity ratio of 0.76. Helen of Troy has a 12 month low of $13.85 and a 12 month high of $31.98. The stock has a fifty day moving average price of $28.15 and a 200-day moving average price of $25.79.

Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings data on Thursday, October 8th. The company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.29. The company had revenue of $440.93 million for the quarter, compared to the consensus estimate of $442.33 million. Helen of Troy had a positive return on equity of 7.73% and a negative net margin of 5.43%. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.59 earnings per share. Helen of Troy has set its FY 2027 guidance at 3.600-4.150 EPS. As a group, equities research analysts anticipate that Helen of Troy will post 2.96 earnings per share for the current fiscal year.

About Helen of Troy

Helen of Troy Limited is a global consumer products company that develops, markets and distributes branded products across the home and outdoor, beauty, and health and wellness categories. Its portfolio includes household and organization products, drinkware and outdoor equipment, personal-care appliances, hair-care products, and consumer health products.

The company’s principal brands include OXO, Hydro Flask, Osprey, Drybar and Hot Tools. Helen of Troy also markets certain health and wellness products under licensed brands, including Vicks, Braun and Honeywell, as well as beauty products under selected licensed and owned brands.