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

Helen of Troy Limited (NASDAQ:HELE)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $22.15 and traded as high as $29.84. Helen of Troy shares last traded at $29.21, with a volume of 437,767 shares traded.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Zacks Research cut Helen of Troy from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Canaccord Genuity Group upped their target price on Helen of Troy from $23.00 to $25.00 and gave the company a “hold” rating in a report on Thursday, July 9th. UBS Group raised their price target on Helen of Troy from $25.00 to $28.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. Weiss Ratings downgraded Helen of Troy from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday, July 21st. Finally, Wall Street Zen upgraded shares of Helen of Troy from a “hold” rating to a “strong-buy” rating in a research report on Sunday, July 12th. One analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $26.50.

Helen of Troy Price Performance

The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.81 and a current ratio of 1.78. The company has a 50-day moving average of $27.70 and a 200-day moving average of $22.15. The stock has a market capitalization of $680.30 million, a price-to-earnings ratio of -1.62 and a beta of 1.31.

Helen of Troy (NASDAQ:HELE) last released its quarterly earnings results on Wednesday, July 8th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.15. The company had revenue of $402.12 million during 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 business’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.41 earnings per share. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. As a group, equities research analysts expect that Helen of Troy Limited will post 2.84 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HELE. iSAM Funds UK Ltd purchased a new stake in shares of Helen of Troy during the third quarter worth about $27,000. Farther Finance Advisors LLC lifted its stake in shares of Helen of Troy by 5,529.2% during the fourth quarter. Farther Finance Advisors LLC now owns 1,351 shares of the company’s stock valued at $29,000 after buying an additional 1,327 shares during the period. Allworth Financial LP lifted 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 buying an additional 1,218 shares during the period. Meeder Asset Management Inc. acquired a new stake in Helen of Troy during the second quarter worth approximately $29,000. Finally, Larson Financial Group LLC grew its stake in Helen of Troy by 1,323.2% in the 3rd quarter. Larson Financial Group LLC now owns 1,352 shares of the company’s stock worth $34,000 after acquiring an additional 1,257 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.