Helen of Troy (NASDAQ:HELE) Shares Gap Down – Time to Sell?

Helen of Troy Limited (NASDAQ:HELE) shares gapped down prior to trading on Friday . The stock had previously closed at $28.19, but opened at $27.00. Helen of Troy shares last traded at $26.7650, with a volume of 7,595 shares.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. Wall Street Zen upgraded shares of Helen of Troy from a “hold” rating to a “strong-buy” rating in a report on Sunday, July 12th. Zacks Research lowered shares of Helen of Troy from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Canaccord Genuity Group lifted their price target on shares of Helen of Troy from $23.00 to $25.00 and gave the company a “hold” rating in a research report on Thursday, July 9th. Weiss Ratings lowered shares of Helen of Troy from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday. Finally, UBS Group upped their price objective on shares of Helen of Troy from $25.00 to $28.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $26.50.

Helen of Troy Stock Up 5.2%

The company has a quick ratio of 0.81, a current ratio of 1.78 and a debt-to-equity ratio of 0.82. The company has a fifty day simple moving average of $26.94 and a 200 day simple moving average of $21.40. The firm has a market capitalization of $657.83 million, a P/E ratio of -1.57 and a beta of 1.31.

Helen of Troy (NASDAQ:HELE) last released its earnings results on Wednesday, July 8th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.15. The firm had revenue of $402.12 million for the quarter, compared to analysts’ expectations of $374.55 million. Helen of Troy had a positive return on equity of 6.46% and a negative net margin of 22.70%.The company’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.41 earnings per share. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. On average, equities analysts expect that Helen of Troy Limited will post 2.85 EPS for the current fiscal year.

Hedge Funds Weigh In On Helen of Troy

A number of hedge funds have recently bought and sold shares of HELE. Wedge Capital Management L L P NC purchased a new stake in shares of Helen of Troy during the 2nd quarter valued at about $1,532,000. Versant Capital Management Inc raised its holdings in shares of Helen of Troy by 54.5% during the second quarter. Versant Capital Management Inc now owns 3,618 shares of the company’s stock valued at $105,000 after purchasing an additional 1,277 shares during the last quarter. Seven Six Capital Management LLC raised its holdings in shares of Helen of Troy by 61.4% during the first quarter. Seven Six Capital Management LLC now owns 76,200 shares of the company’s stock valued at $1,099,000 after purchasing an additional 29,000 shares during the last quarter. Royal Bank of Canada lifted its position in Helen of Troy by 561.3% during the first quarter. Royal Bank of Canada now owns 12,023 shares of the company’s stock valued at $173,000 after purchasing an additional 10,205 shares during the period. Finally, Rubric Capital Management LP lifted its position in Helen of Troy by 42.5% during the first quarter. Rubric Capital Management LP now owns 366,226 shares of the company’s stock valued at $5,281,000 after purchasing an additional 109,289 shares during the period.

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.