Helen of Troy (NASDAQ:HELE) Trading Up 5.1% – Should You Buy?

Shares of Helen of Troy Limited (NASDAQ:HELE) traded up 5.1% during mid-day trading on Monday . The stock traded as high as $30.09 and last traded at $30.09. Approximately 489,091 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 626,178 shares. The stock had previously closed at $28.62.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Wall Street Zen raised Helen of Troy from a “hold” rating to a “strong-buy” rating in a report on Sunday, July 12th. Zacks Research downgraded Helen of Troy from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Weiss Ratings cut Helen of Troy from a “sell (d)” rating to a “sell (d-)” rating in a research report on Tuesday, July 21st. UBS Group lifted their price objective on Helen of Troy from $25.00 to $28.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Finally, Canaccord Genuity Group upped their target price on shares of Helen of Troy from $23.00 to $25.00 and gave the company a “hold” rating in a research note on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Helen of Troy presently has an average rating of “Hold” and an average target price of $26.50.

Helen of Troy Stock Performance

The company has a market cap of $706.15 million, a P/E ratio of -1.69 and a beta of 1.31. The company has a quick ratio of 0.81, a current ratio of 1.78 and a debt-to-equity ratio of 0.82. The business has a fifty day simple moving average of $28.27 and a two-hundred day simple moving average of $23.23.

Helen of Troy (NASDAQ:HELE) last released its quarterly earnings results on Wednesday, July 8th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.15. Helen of Troy had a positive return on equity of 6.46% and a negative net margin of 22.70%.The business had revenue of $402.12 million during the quarter, compared to the consensus estimate of $374.55 million. During the same period in the previous year, the company posted $0.41 EPS. The business’s quarterly revenue was up 8.2% compared to the same quarter last year. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. On average, sell-side analysts anticipate that Helen of Troy Limited will post 2.84 EPS for the current year.

Institutional Trading of Helen of Troy

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Helen of Troy by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,533 shares of the company’s stock valued at $724,000 after acquiring an additional 563 shares during the period. Meeder Asset Management Inc. purchased a new stake in shares of Helen of Troy in the 2nd quarter worth $29,000. iSAM Funds UK Ltd purchased a new position in Helen of Troy during the third quarter valued at $27,000. Allworth Financial LP lifted its position in Helen of Troy by 922.7% during the fourth quarter. Allworth Financial LP now owns 1,350 shares of the company’s stock valued at $29,000 after purchasing an additional 1,218 shares in the last quarter. Finally, Larson Financial Group LLC grew its holdings in Helen of Troy by 1,323.2% during the third quarter. Larson Financial Group LLC now owns 1,352 shares of the company’s stock valued at $34,000 after purchasing an additional 1,257 shares during the period.

About Helen of Troy

Helen of Troy Limited is a global consumer products company that designs, sources and markets a diversified portfolio of household, health and beauty brands. Headquartered in El Paso, Texas, the company operates through three principal segments—Health & Home, Housewares and Beauty—offering products under well-known names including OXO, Vicks, Braun, Honeywell Home, PUR and Hot Tools. Helen of Troy distributes its products through a combination of mass, specialty and e-commerce channels to consumers, retailers and distributors worldwide.

The Housewares segment features kitchen tools, gadgets and organizational solutions marketed primarily under the OXO brand, recognized for its ergonomic “Good Grips” design.