Helen of Troy (NASDAQ:HELE) PT Lowered to $139.00 at DA Davidson

Helen of Troy (NASDAQ:HELE) had its price target lowered by DA Davidson from $151.00 to $139.00 in a research note published on Thursday, Benzinga reports. The brokerage currently has a buy rating on the stock. DA Davidson also issued estimates for Helen of Troy’s FY2025 earnings at $8.69 EPS.

Several other analysts have also recently issued reports on the company. StockNews.com raised Helen of Troy from a hold rating to a buy rating in a research report on Tuesday, January 9th. UBS Group raised their price objective on Helen of Troy from $119.00 to $129.00 and gave the stock a neutral rating in a research report on Tuesday, January 9th.

Helen of Troy Stock Up 0.4 %

Shares of NASDAQ:HELE opened at $91.21 on Thursday. Helen of Troy has a 52-week low of $86.23 and a 52-week high of $143.68. The stock has a market cap of $2.17 billion, a P/E ratio of 12.92, a price-to-earnings-growth ratio of 1.34 and a beta of 0.80. The business’s 50 day moving average is $112.60 and its 200 day moving average is $112.17. The company has a quick ratio of 0.98, a current ratio of 1.87 and a debt-to-equity ratio of 0.40.

Helen of Troy (NASDAQ:HELE) last announced its earnings results on Wednesday, April 24th. The company reported $2.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.00 by $0.11. The business had revenue of $489.20 million for the quarter, compared to analysts’ expectations of $477.88 million. Helen of Troy had a return on equity of 11.65% and a net margin of 8.41%. Sell-side analysts predict that Helen of Troy will post 8.46 EPS for the current year.

Hedge Funds Weigh In On Helen of Troy

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. First Eagle Investment Management LLC purchased a new position in Helen of Troy in the 3rd quarter worth $5,921,000. Envestnet Asset Management Inc. raised its stake in Helen of Troy by 164.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 49,844 shares of the company’s stock worth $5,810,000 after acquiring an additional 31,005 shares during the last quarter. Canada Pension Plan Investment Board raised its stake in Helen of Troy by 92.0% in the 3rd quarter. Canada Pension Plan Investment Board now owns 33,600 shares of the company’s stock worth $3,916,000 after acquiring an additional 16,100 shares during the last quarter. Invesco Ltd. raised its stake in Helen of Troy by 13.5% in the 3rd quarter. Invesco Ltd. now owns 76,697 shares of the company’s stock worth $8,940,000 after acquiring an additional 9,109 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. raised its stake in Helen of Troy by 16.6% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 198,124 shares of the company’s stock worth $23,093,000 after acquiring an additional 28,210 shares during the last quarter.

About Helen of Troy

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 in two segments: Home & Outdoor and Beauty & Wellness. 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, cleaning tools, and nursery accessories; insulated hydration bottles, hydration packs, drinkware, mugs, food containers, lunch containers, insulated totes, soft coolers, and accessories; and technical and outdoor sports packs, travel packs and accessories, luggage, daypacks, and everyday packs.