Helen of Troy (NASDAQ:HELE) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Friday.

Other analysts have also recently issued reports about the stock. Zacks Investment Research raised shares of Helen of Troy from a “hold” rating to a “buy” rating and set a $108.00 price target on the stock in a research note on Tuesday, January 23rd. BidaskClub cut shares of Helen of Troy from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 18th. TheStreet cut shares of Helen of Troy from a “b” rating to a “c” rating in a research note on Monday, January 8th. Finally, KeyCorp reaffirmed a “hold” rating on shares of Helen of Troy in a research note on Friday, November 24th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $101.75.

Shares of Helen of Troy (NASDAQ:HELE) opened at $89.20 on Friday. Helen of Troy has a 52 week low of $85.40 and a 52 week high of $102.88. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.94 and a current ratio of 1.73. The company has a market cap of $2,405.55, a P/E ratio of 13.06, a PEG ratio of 5.90 and a beta of 0.79.

Helen of Troy (NASDAQ:HELE) last released its quarterly earnings results on Monday, January 8th. The company reported $2.52 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.07 by $0.45. Helen of Troy had a net margin of 1.28% and a return on equity of 18.37%. The business had revenue of $453.00 million for the quarter, compared to analysts’ expectations of $452.81 million. During the same period in the prior year, the firm earned $2.37 earnings per share. Helen of Troy’s revenue was up 1.9% compared to the same quarter last year. analysts anticipate that Helen of Troy will post 6.52 EPS for the current fiscal year.

A number of hedge funds have recently made changes to their positions in the business. Wells Fargo & Company MN boosted its stake in Helen of Troy by 4.2% in the third quarter. Wells Fargo & Company MN now owns 661,307 shares of the company’s stock valued at $64,081,000 after acquiring an additional 26,440 shares during the last quarter. American Century Companies Inc. boosted its stake in Helen of Troy by 44.7% in the fourth quarter. American Century Companies Inc. now owns 344,221 shares of the company’s stock valued at $33,166,000 after acquiring an additional 106,285 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Helen of Troy by 12.6% in the third quarter. JPMorgan Chase & Co. now owns 219,390 shares of the company’s stock valued at $21,347,000 after acquiring an additional 24,522 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its stake in Helen of Troy by 5.7% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 197,063 shares of the company’s stock valued at $18,988,000 after acquiring an additional 10,683 shares during the last quarter. Finally, Public Employees Retirement Association of Colorado boosted its stake in Helen of Troy by 20.5% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 176,083 shares of the company’s stock valued at $16,966,000 after acquiring an additional 29,900 shares during the last quarter. 92.75% of the stock is currently owned by hedge funds and other institutional investors.

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About Helen of Troy

Helen Of Troy Limited is a global consumer products company that offers a range of solutions for its customers through a range of brands. The Company is a global designer, developer, importer, marketer and distributor of a portfolio of brand-name consumer products. The Company has three segments. The Housewares segment provides a range of consumer products for the home.

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