Helen of Troy (NASDAQ:HELE) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Helen of Troy Limited (NASDAQ:HELE)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $18.64 and traded as high as $24.36. Helen of Troy shares last traded at $23.93, with a volume of 603,271 shares.

Analysts Set New Price Targets

A number of analysts have recently weighed in on HELE shares. UBS Group boosted their price objective on shares of Helen of Troy from $16.00 to $25.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Weiss Ratings restated a “sell (d-)” rating on shares of Helen of Troy in a research note on Friday, March 27th. Zacks Research upgraded shares of Helen of Troy from a “strong sell” rating to a “hold” rating in a research note on Monday, March 23rd. Wall Street Zen upgraded shares of Helen of Troy from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Canaccord Genuity Group boosted their price objective on shares of Helen of Troy from $18.00 to $23.00 and gave the stock a “hold” rating in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Helen of Troy currently has an average rating of “Hold” and a consensus target price of $24.00.

Helen of Troy Price Performance

The stock’s 50-day moving average price is $17.31 and its 200 day moving average price is $18.63. The firm has a market cap of $556.61 million, a price-to-earnings ratio of -0.61 and a beta of 1.29. The company has a quick ratio of 0.81, a current ratio of 1.71 and a debt-to-equity ratio of 0.95.

Helen of Troy (NASDAQ:HELE) last issued 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 positive return on equity of 7.00% and a negative net margin of 50.33%.The firm had revenue of $470.03 million for the quarter, compared to analyst estimates of $450.38 million. During the same period in the previous year, the company posted $2.33 earnings per share. The company’s quarterly revenue 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. Equities research analysts predict that Helen of Troy Limited will post 2.78 earnings per share for the current year.

Institutional Investors Weigh In On Helen of Troy

Several institutional investors and hedge funds have recently bought and sold shares of the business. Hsbc Holdings PLC bought a new stake in Helen of Troy in the 1st quarter valued at $1,936,000. Leonteq Securities AG increased its holdings in Helen of Troy by 166.6% in the 1st quarter. Leonteq Securities AG now owns 11,088 shares of the company’s stock valued at $160,000 after buying an additional 6,929 shares during the period. Strs Ohio increased its holdings in Helen of Troy by 131.8% in the 1st quarter. Strs Ohio now owns 10,200 shares of the company’s stock valued at $147,000 after buying an additional 5,800 shares during the period. Inspire Investing LLC increased its holdings in Helen of Troy by 64.7% in the 1st quarter. Inspire Investing LLC now owns 36,282 shares of the company’s stock valued at $523,000 after buying an additional 14,255 shares during the period. Finally, Empowered Funds LLC bought a new stake in Helen of Troy in the 4th quarter valued at $148,000.

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.