Helen of Troy Sees Unusually High Options Volume (NASDAQ:HELE)

Helen of Troy Limited (NASDAQ:HELEGet Free Report) was the recipient of unusually large options trading on Tuesday. Stock investors bought 5,718 put options on the stock. This is an increase of 1,039% compared to the typical volume of 502 put options.

Analyst Ratings Changes

Several research firms have recently issued reports on HELE. StockNews.com lowered Helen of Troy from a “buy” rating to a “hold” rating in a report on Wednesday. Canaccord Genuity Group reduced their target price on Helen of Troy from $137.00 to $84.00 and set a “buy” rating for the company in a report on Wednesday. UBS Group reduced their target price on Helen of Troy from $100.00 to $72.00 and set a “neutral” rating for the company in a report on Wednesday. Finally, DA Davidson lowered Helen of Troy from a “buy” rating to a “neutral” rating and reduced their target price for the company from $139.00 to $67.00 in a report on Wednesday.

Check Out Our Latest Report on Helen of Troy

Helen of Troy Price Performance

Shares of NASDAQ HELE opened at $61.76 on Thursday. The stock has a fifty day simple moving average of $98.88 and a two-hundred day simple moving average of $109.30. Helen of Troy has a 1-year low of $60.00 and a 1-year high of $143.68. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of 8.75, a price-to-earnings-growth ratio of 1.38 and a beta of 0.84. The company has a current ratio of 1.87, a quick ratio of 0.99 and a debt-to-equity ratio of 0.40.

Helen of Troy (NASDAQ:HELEGet Free Report) last announced its quarterly earnings data on Tuesday, July 9th. The company reported $0.99 earnings per share for the quarter, missing the consensus estimate of $1.59 by ($0.60). Helen of Troy had a net margin of 8.41% and a return on equity of 11.65%. The firm had revenue of $416.80 million for the quarter, compared to the consensus estimate of $445.85 million. During the same period last year, the company posted $1.58 earnings per share. Helen of Troy’s revenue for the quarter was down 12.2% on a year-over-year basis. Analysts anticipate that Helen of Troy will post 8.07 earnings per share for the current year.

Hedge Funds Weigh In On Helen of Troy

A number of large investors have recently made changes to their positions in HELE. Norges Bank bought a new position in shares of Helen of Troy in the fourth quarter worth $27,380,000. Capital Research Global Investors boosted its holdings in shares of Helen of Troy by 6.9% in the fourth quarter. Capital Research Global Investors now owns 1,761,029 shares of the company’s stock worth $212,750,000 after acquiring an additional 114,215 shares during the period. Public Employees Retirement Association of Colorado boosted its holdings in shares of Helen of Troy by 1,351.6% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 89,940 shares of the company’s stock worth $10,866,000 after acquiring an additional 83,744 shares during the period. Capital Fund Management S.A. bought a new position in shares of Helen of Troy in the fourth quarter worth $8,583,000. Finally, Earnest Partners LLC boosted its holdings in shares of Helen of Troy by 10.9% in the first quarter. Earnest Partners LLC now owns 648,515 shares of the company’s stock worth $74,735,000 after acquiring an additional 63,595 shares during the period.

About Helen of Troy

(Get Free Report)

Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates in two segments: Home & Outdoor and Beauty & Wellness. The Home & Outdoor segment offers food storage containers, kitchen utensils for cooking and preparing salads, fruits, vegetables and meats, graters, slicers and choppers, baking essentials, kitchen organization, bath, cleaning, infant and toddler products, and coffee preparation tools and electronics; and insulated beverageware, including bottles, travel tumblers, drinkware, mugs, food and lunch containers, insulated totes, soft coolers, outdoor kitchenware, and accessories.

Further Reading

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