Helen of Troy Limited (NASDAQ:HELE) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Helen of Troy Limited (NASDAQ:HELEGet Rating) have earned a consensus rating of “Moderate Buy” from the nine ratings firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $169.00.

HELE has been the subject of several analyst reports. DA Davidson upgraded Helen of Troy from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $115.00 to $126.00 in a research report on Thursday, December 22nd. StockNews.com started coverage on Helen of Troy in a research note on Wednesday, October 12th. They issued a “sell” rating on the stock. Canaccord Genuity Group started coverage on Helen of Troy in a research report on Wednesday, November 16th. They set a “buy” rating and a $120.00 price target on the stock. Canaccord Genuity Group boosted their price target on Helen of Troy from $120.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Bank of America raised Helen of Troy from a “neutral” rating to a “buy” rating in a report on Thursday, December 22nd.

Institutional Investors Weigh In On Helen of Troy

Hedge funds have recently added to or reduced their stakes in the company. Castle Wealth Management LLC bought a new stake in Helen of Troy during the second quarter worth $33,000. Rockefeller Capital Management L.P. grew its position in shares of Helen of Troy by 146.0% in the third quarter. Rockefeller Capital Management L.P. now owns 401 shares of the company’s stock valued at $38,000 after purchasing an additional 238 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new position in shares of Helen of Troy in the second quarter valued at $65,000. Public Employees Retirement System of Ohio grew its position in shares of Helen of Troy by 19.5% in the third quarter. Public Employees Retirement System of Ohio now owns 1,199 shares of the company’s stock valued at $116,000 after purchasing an additional 196 shares in the last quarter. Finally, Point72 Hong Kong Ltd purchased a new position in Helen of Troy during the third quarter worth about $131,000. Institutional investors and hedge funds own 98.98% of the company’s stock.

Helen of Troy Stock Performance

Shares of NASDAQ:HELE opened at $112.58 on Thursday. Helen of Troy has a twelve month low of $82.94 and a twelve month high of $249.08. The firm has a market cap of $2.70 billion, a PE ratio of 15.99, a price-to-earnings-growth ratio of 1.81 and a beta of 0.64. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.02 and a current ratio of 2.12. The business has a fifty day moving average of $98.38 and a 200-day moving average of $116.17.

Helen of Troy (NASDAQ:HELEGet Rating) last announced its quarterly earnings data on Wednesday, October 5th. The company reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.82 by $0.16. The firm had revenue of $521.40 million during the quarter, compared to analyst estimates of $519.07 million. Helen of Troy had a return on equity of 16.94% and a net margin of 7.63%. The company’s revenue was up 9.7% on a year-over-year basis. During the same period last year, the company earned $2.35 earnings per share. On average, equities research analysts predict that Helen of Troy will post 7.64 EPS for the current fiscal year.

About Helen of Troy

(Get Rating)

Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments: Home & Outdoor, Health & Wellness, and Beauty. The Home & Outdoor segment offers food preparation tools and gadgets, storage containers, and organization products; coffee makers, grinders, manual pour overs, and tea kettles; household cleaning products, shower organization, and bathroom accessories; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; insulated water bottles, hydration packs, drinkware, mugs, food containers, lunch containers, insulated totes, soft coolers, and accessories; and technical and outdoor sports packs, travel packs, luggage, daypacks, and everyday packs.

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Analyst Recommendations for Helen of Troy (NASDAQ:HELE)

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