Helen of Troy (NASDAQ:HELE) Stock Rating Reaffirmed by DA Davidson

DA Davidson reaffirmed their buy rating on shares of Helen of Troy (NASDAQ:HELE – Get Rating) in a report published on Friday morning, Benzinga reports. DA Davidson currently has a $138.00 price target on the stock.

HELE has been the topic of a number of other reports. Canaccord Genuity Group started coverage on shares of Helen of Troy in a report on Wednesday, November 16th. They set a buy rating and a $120.00 price objective on the stock. Bank of America upgraded shares of Helen of Troy from a neutral rating to a buy rating in a report on Thursday, December 22nd. Finally, Canaccord Genuity Group raised their price objective on shares of Helen of Troy from $120.00 to $130.00 and gave the stock a buy rating in a report on Tuesday, January 3rd. One analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Helen of Troy has a consensus rating of Moderate Buy and a consensus target price of $148.50.

Helen of Troy Trading Down 1.5 %

Shares of NASDAQ HELE opened at $100.63 on Friday. The company’s fifty day moving average is $111.71 and its 200-day moving average is $105.96. The stock has a market cap of $2.41 billion, a price-to-earnings ratio of 16.52, a P/E/G ratio of 1.64 and a beta of 0.65. Helen of Troy has a twelve month low of $82.94 and a twelve month high of $221.71. The company has a quick ratio of 1.12, a current ratio of 2.15 and a debt-to-equity ratio of 0.73.

Helen of Troy (NASDAQ:HELE – Get Rating) last announced its quarterly earnings results on Thursday, January 5th. The company reported $2.44 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.15. Helen of Troy had a net margin of 6.77% and a return on equity of 14.75%. The company had revenue of $558.61 million for the quarter, compared to analysts’ expectations of $522.28 million. Equities research analysts predict that Helen of Troy will post 7.77 EPS for the current year.

Institutional Investors Weigh In On Helen of Troy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Rockefeller Capital Management L.P. grew its position in shares of Helen of Troy by 146.0% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 401 shares of the company’s stock valued at $38,000 after acquiring an additional 238 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new position in shares of Helen of Troy in the 2nd quarter valued at about $65,000. Dark Forest Capital Management LP bought a new position in shares of Helen of Troy in the 4th quarter valued at about $99,000. Focused Wealth Management Inc bought a new position in shares of Helen of Troy in the 4th quarter valued at about $110,000. Finally, Public Employees Retirement System of Ohio grew its position in shares of Helen of Troy by 19.5% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 1,199 shares of the company’s stock valued at $116,000 after acquiring an additional 196 shares during the period. 98.98% of the stock is currently owned by institutional investors and hedge funds.

About Helen of Troy

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Helen of Troy Ltd. engages in the manufacture and distribution of personal care and household products. It operates through the following segments: Home and Outdoor, Health and Wellness, and Beauty. The Home and Outdoor segment offers food preparation tools, containers, electronics, baby care, and cleaning products.