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

Shares of Helen of Troy Limited (NASDAQ:HELE) have been assigned a consensus rating 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 recommendation, two have assigned a hold recommendation and two have issued a strong buy recommendation on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $24.00.

HELE has been the subject of several research analyst reports. UBS Group raised their target price on shares of Helen of Troy from $16.00 to $25.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Zacks Research upgraded shares of Helen of Troy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. Wall Street Zen lowered shares of Helen of Troy from a “buy” rating to a “hold” rating in a research report on Saturday, May 23rd. Canaccord Genuity Group increased their price objective on shares of Helen of Troy from $18.00 to $23.00 and gave the company a “hold” rating in a research report on Friday, April 24th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Helen of Troy in a research report on Friday, March 27th.

Helen of Troy Stock Performance

Shares of NASDAQ HELE opened at $29.86 on Tuesday. The firm has a fifty day moving average price of $22.81 and a 200-day moving average price of $19.91. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.71 and a quick ratio of 0.81. The stock has a market cap of $694.54 million, a PE ratio of -0.76 and a beta of 1.34. Helen of Troy has a 1 year low of $13.85 and a 1 year high of $33.73.

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

Institutional Investors Weigh In On Helen of Troy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. RWWM Inc. increased its position in Helen of Troy by 85.7% during the 1st quarter. RWWM Inc. now owns 1,173,829 shares of the company’s stock valued at $16,927,000 after purchasing an additional 541,689 shares during the period. Millennium Management LLC increased its position in Helen of Troy by 164.9% during the 4th quarter. Millennium Management LLC now owns 1,049,381 shares of the company’s stock valued at $22,299,000 after purchasing an additional 653,300 shares during the period. Pzena Investment Management LLC increased its position in Helen of Troy by 2.6% during the 3rd quarter. Pzena Investment Management LLC now owns 1,010,756 shares of the company’s stock valued at $25,471,000 after purchasing an additional 25,425 shares during the period. Paradigm Capital Management Inc. NY increased its position in Helen of Troy by 64.3% during the 1st quarter. Paradigm Capital Management Inc. NY now owns 927,100 shares of the company’s stock valued at $13,369,000 after purchasing an additional 362,900 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in Helen of Troy by 24.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 881,344 shares of the company’s stock valued at $18,729,000 after purchasing an additional 175,696 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.