Helen of Troy Limited (NASDAQ:HELE) Receives $19.00 Consensus Price Target from Brokerages

Shares of Helen of Troy Limited (NASDAQ:HELE) have been assigned a consensus recommendation of “Hold” from the five brokerages that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $19.00.

A number of equities analysts recently weighed in on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Helen of Troy in a research note on Friday, March 27th. Canaccord Genuity Group set a $22.00 target price on shares of Helen of Troy in a research note on Friday, January 9th. UBS Group lowered their target price on shares of Helen of Troy from $22.00 to $16.00 and set a “neutral” rating for the company in a research note on Tuesday, April 7th. Finally, Zacks Research upgraded shares of Helen of Troy from a “strong sell” rating to a “hold” rating in a report on Monday, March 23rd.

Helen of Troy Price Performance

Shares of NASDAQ HELE opened at $19.77 on Monday. Helen of Troy has a twelve month low of $13.85 and a twelve month high of $36.58. The firm has a fifty day simple moving average of $16.62 and a 200 day simple moving average of $18.64. The company has a market capitalization of $456.09 million, a PE ratio of -0.57 and a beta of 0.86. The company has a quick ratio of 0.90, a current ratio of 1.81 and a debt-to-equity ratio of 1.02.

Institutional Investors Weigh In On Helen of Troy

A number of large investors have recently bought and sold shares of HELE. Royal Bank of Canada grew its holdings in Helen of Troy by 60.2% in the first quarter. Royal Bank of Canada now owns 7,102 shares of the company’s stock worth $380,000 after purchasing an additional 2,670 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Helen of Troy by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,533 shares of the company’s stock worth $724,000 after purchasing an additional 563 shares during the period. Millennium Management LLC acquired a new stake in Helen of Troy in the first quarter worth $14,013,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Helen of Troy by 16.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 74,309 shares of the company’s stock worth $3,975,000 after purchasing an additional 10,397 shares during the period. Finally, American Century Companies Inc. grew its holdings in Helen of Troy by 4.6% in the second quarter. American Century Companies Inc. now owns 57,265 shares of the company’s stock worth $1,625,000 after purchasing an additional 2,503 shares during the period.

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.