Helen of Troy Limited (NASDAQ:HELE) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Helen of Troy Limited (NASDAQ:HELE) have been given a consensus recommendation of “Hold” by the five research firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a strong buy rating on the company. The average 12 month target price among brokers that have covered the stock in the last year is $26.50.

A number of analysts recently weighed in on the stock. Weiss Ratings cut shares of Helen of Troy from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday, July 21st. Wall Street Zen raised Helen of Troy from a “hold” rating to a “strong-buy” rating in a report on Sunday, July 12th. UBS Group upped their price objective on Helen of Troy from $25.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Canaccord Genuity Group increased their target price on Helen of Troy from $23.00 to $25.00 and gave the stock a “hold” rating in a report on Thursday, July 9th. Finally, Zacks Research downgraded Helen of Troy from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th.

Helen of Troy Price Performance

Shares of NASDAQ:HELE opened at $28.62 on Friday. The firm has a market capitalization of $666.56 million, a PE ratio of -1.59 and a beta of 1.31. Helen of Troy has a 1-year low of $13.85 and a 1-year high of $30.68. The business’s 50 day moving average is $28.27 and its 200-day moving average is $23.20. The company has a current ratio of 1.78, a quick ratio of 0.81 and a debt-to-equity ratio of 0.82.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in shares of Helen of Troy in the 2nd quarter worth about $54,740,000. Bank of America Corp DE bought a new position in Helen of Troy during the 2nd quarter valued at about $27,749,000. Pzena Investment Management LLC acquired a new position in Helen of Troy in the second quarter valued at about $19,668,000. Millennium Management LLC grew its stake in Helen of Troy by 164.9% during the fourth quarter. Millennium Management LLC now owns 1,049,381 shares of the company’s stock worth $22,299,000 after buying an additional 653,300 shares during the last quarter. Finally, Paradigm Capital Management Inc. NY bought a new stake in Helen of Troy during the fourth quarter worth about $11,989,000.

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.