Helen of Troy Limited (NASDAQ:HELE) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Helen of Troy Limited (NASDAQ:HELE) have earned a consensus recommendation of “Moderate Buy” from the five brokerages that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a strong buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $24.00.

A number of research firms have recently weighed in on HELE. Canaccord Genuity Group lifted their price target on Helen of Troy from $18.00 to $23.00 and gave the company a “hold” rating in a report on Friday, April 24th. Zacks Research raised Helen of Troy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. UBS Group lifted their price target on Helen of Troy from $16.00 to $25.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Wall Street Zen raised Helen of Troy from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Helen of Troy in a report on Friday, March 27th.

Institutional Investors Weigh In On Helen of Troy

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Helen of Troy by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,533 shares of the company’s stock valued at $724,000 after purchasing an additional 563 shares in the last quarter. Rhumbline Advisers raised its stake in shares of Helen of Troy by 1.5% during the third quarter. Rhumbline Advisers now owns 74,575 shares of the company’s stock valued at $1,879,000 after purchasing an additional 1,068 shares in the last quarter. iSAM Funds UK Ltd bought a new stake in shares of Helen of Troy during the third quarter valued at about $27,000. Allworth Financial LP raised its stake in shares of Helen of Troy by 922.7% during the fourth quarter. Allworth Financial LP now owns 1,350 shares of the company’s stock valued at $29,000 after purchasing an additional 1,218 shares in the last quarter. Finally, Signaturefd LLC raised its holdings in Helen of Troy by 47.8% during the fourth quarter. Signaturefd LLC now owns 3,829 shares of the company’s stock worth $81,000 after purchasing an additional 1,238 shares in the last quarter.

Helen of Troy Stock Performance

Shares of HELE opened at $23.43 on Friday. Helen of Troy has a 1 year low of $13.85 and a 1 year high of $33.73. The company has a market cap of $544.98 million, a price-to-earnings ratio of -0.60 and a beta of 1.29. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.81 and a current ratio of 1.71. The firm has a fifty day moving average of $18.40 and a 200-day moving average of $18.88.

Helen of Troy (NASDAQ:HELE) last announced its quarterly earnings results on Thursday, April 23rd. The company reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.09. Helen of Troy had a negative net margin of 50.33% and a positive return on equity of 7.00%. The company had revenue of $470.03 million during the quarter, compared to the consensus estimate of $450.38 million. During the same quarter in the previous year, the company posted $2.33 earnings per share. The company’s revenue for the quarter was down 3.3% compared to the same quarter last year. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. As a group, equities analysts anticipate that Helen of Troy will post 2.81 earnings per share for the current year.

Helen of Troy Company Profile

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.