Helen of Troy Limited (HELE) Receives Coverage Optimism Score of 0.00
News articles about Helen of Troy Limited (NASDAQ:HELE) have been trending somewhat positive on Friday, Accern Sentiment reports. Accern rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Helen of Troy Limited earned a media sentiment score of 0.00 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.6449577432917 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
A number of analysts have weighed in on the company. BidaskClub upgraded Helen of Troy Limited from a “sell” rating to a “hold” rating in a report on Wednesday, June 28th. Zacks Investment Research downgraded Helen of Troy Limited from a “hold” rating to a “sell” rating in a report on Friday, April 28th. Finally, Sidoti reiterated a “buy” rating and set a $108.00 price target (down from $112.00) on shares of Helen of Troy Limited in a report on Saturday, April 29th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $102.75.
Helen of Troy Limited (NASDAQ HELE) opened at 99.85 on Friday. The stock’s 50 day moving average is $97.32 and its 200-day moving average is $94.88. The company has a market cap of $2.72 billion, a PE ratio of 21.68 and a beta of 0.95. Helen of Troy Limited has a 52-week low of $77.50 and a 52-week high of $102.88.
Helen of Troy Limited (NASDAQ:HELE) last announced its quarterly earnings results on Monday, July 10th. The company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.08. Helen of Troy Limited had a net margin of 8.23% and a return on equity of 17.70%. The company had revenue of $359.61 million for the quarter, compared to analysts’ expectations of $358.40 million. During the same quarter in the previous year, the company earned $1.27 earnings per share. Helen of Troy Limited’s quarterly revenue was up 3.4% on a year-over-year basis. Equities research analysts predict that Helen of Troy Limited will post $6.73 EPS for the current fiscal year.
Helen of Troy Limited declared that its Board of Directors has initiated a stock repurchase plan on Monday, May 15th that authorizes the company to buyback $400.00 million in outstanding shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.
About Helen of Troy Limited
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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