Helen of Troy (HELE) Earning Somewhat Negative Media Coverage, Analysis Shows
News articles about Helen of Troy (NASDAQ:HELE) have been trending somewhat negative this week, Accern reports. The research firm identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Helen of Troy earned a coverage optimism score of -0.01 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.1875396049915 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
HELE has been the topic of a number of analyst reports. Zacks Investment Research downgraded Helen of Troy from a “hold” rating to a “sell” rating in a research report on Tuesday, December 5th. CL King initiated coverage on Helen of Troy in a research report on Tuesday, September 12th. They set a “buy” rating and a $104.00 price target on the stock. ValuEngine raised Helen of Troy from a “hold” rating to a “buy” rating in a research report on Tuesday, October 10th. KeyCorp reissued a “hold” rating on shares of Helen of Troy in a research report on Friday, October 6th. Finally, Bank of America initiated coverage on Helen of Troy in a research report on Tuesday, August 29th. They set an “underperform” rating and a $87.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $101.00.
Helen of Troy (NASDAQ:HELE) traded up $0.25 during midday trading on Wednesday, reaching $91.15. The company’s stock had a trading volume of 151,574 shares, compared to its average volume of 153,860. The company has a quick ratio of 0.85, a current ratio of 1.89 and a debt-to-equity ratio of 0.41. Helen of Troy has a 12-month low of $81.90 and a 12-month high of $102.88. The company has a market capitalization of $2,481.26, a PE ratio of 13.50, a PEG ratio of 12.66 and a beta of 0.91.
Helen of Troy (NASDAQ:HELE) last released its earnings results on Thursday, October 5th. The company reported $1.65 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.29. Helen of Troy had a return on equity of 18.28% and a net margin of 6.93%. The firm had revenue of $378.46 million during the quarter, compared to analysts’ expectations of $377.08 million. During the same period in the prior year, the company earned $1.31 earnings per share. The company’s quarterly revenue was up 2.8% on a year-over-year basis. equities research analysts expect that Helen of Troy will post 6.42 earnings per share for the current year.
In other Helen of Troy news, Director Timothy F. Meeker sold 2,500 shares of the company’s stock in a transaction on Monday, October 23rd. The stock was sold at an average price of $94.00, for a total transaction of $235,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.57% of the stock is owned by corporate insiders.
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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 four segments. The Housewares segment provides a range of consumer products for the home.
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