Helen of Troy (NASDAQ:HELE) Stock Price Up 5.9% – Here’s What Happened

Helen of Troy Limited (NASDAQ:HELE) rose 5.9% on Monday. The company traded as high as $27.46 and last traded at $28.0620. 100,513 shares traded hands during trading, a decline of 83% from the average session volume of 604,092 shares. The stock had previously closed at $26.51.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Wall Street Zen raised shares of Helen of Troy from a “hold” rating to a “strong-buy” rating in a report on Sunday, July 12th. Weiss Ratings cut shares of Helen of Troy from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday, July 21st. Zacks Research cut shares of Helen of Troy from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. UBS Group boosted 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. Finally, Canaccord Genuity Group upped their price target on shares of Helen of Troy from $25.00 to $26.00 and gave the stock a “hold” rating in a research note on Tuesday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $27.50.

Helen of Troy Stock Down 2.4%

The stock has a market cap of $650.71 million, a price-to-earnings ratio of -6.38 and a beta of 1.34. The business’s 50 day moving average is $28.17 and its 200 day moving average is $25.69. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.75 and a current ratio of 1.65.

Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings results 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 business 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%. Helen of Troy’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.59 earnings per share. Helen of Troy has set its FY 2027 guidance at 3.600-4.150 EPS. Equities analysts expect that Helen of Troy Limited will post 2.96 earnings per share for the current year.

Hedge Funds Weigh In On Helen of Troy

Large investors have recently made changes to their positions in the business. Meeder Asset Management Inc. acquired a new position in shares of Helen of Troy in the second quarter worth $29,000. IFP Advisors Inc boosted its position in Helen of Troy by 122.0% during the second quarter. IFP Advisors Inc now owns 1,230 shares of the company’s stock valued at $36,000 after purchasing an additional 676 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Helen of Troy during the second quarter valued at $61,000. Allworth Financial LP acquired a new stake in Helen of Troy during the second quarter valued at $75,000. Finally, State of Wyoming purchased a new position in Helen of Troy in the second quarter valued at about $87,000.

Helen of Troy Company Profile

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.