Helen of Troy Limited (NASDAQ:HELE) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Helen of Troy Limited (NASDAQ:HELE) have earned a consensus recommendation of “Hold” from the five analysts that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $26.50.

Several equities research analysts have recently issued reports on the stock. Zacks Research downgraded shares of Helen of Troy from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Weiss Ratings downgraded shares of Helen of Troy from a “sell (d)” rating to a “sell (d-)” rating in a report on Tuesday, July 21st. Wall Street Zen upgraded shares of Helen of Troy from a “hold” rating to a “strong-buy” rating in a research note on Sunday, July 12th. Canaccord Genuity Group lifted their target price on Helen of Troy from $23.00 to $25.00 and gave the stock a “hold” rating in a research report on Thursday, July 9th. Finally, UBS Group upped their price target on Helen of Troy from $25.00 to $28.00 and gave the company a “neutral” rating in a report on Thursday, July 9th.

Helen of Troy Stock Performance

NASDAQ:HELE opened at $27.65 on Thursday. The firm has a market capitalization of $643.97 million, a PE ratio of -1.54 and a beta of 1.31. Helen of Troy has a 1 year low of $13.85 and a 1 year high of $30.68. The company has a current ratio of 1.78, a quick ratio of 0.81 and a debt-to-equity ratio of 0.82. The firm’s fifty day simple moving average is $28.32 and its 200 day simple moving average is $24.37.

Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings results on Wednesday, July 8th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.15. The company had revenue of $402.12 million for the quarter, compared to the consensus estimate 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 firm’s revenue was up 8.2% compared to the same quarter last year. During the same period last year, the business posted $0.41 earnings per share. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. On average, sell-side analysts anticipate that Helen of Troy will post 2.84 EPS for the current year.

Hedge Funds Weigh In On Helen of Troy

A number of hedge funds have recently modified their holdings of the stock. WINTON GROUP Ltd acquired a new stake in Helen of Troy in the 2nd quarter valued at $247,000. Integrated Wealth Concepts LLC acquired a new position in Helen of Troy during the second quarter worth $61,000. IFP Advisors Inc raised its stake in Helen of Troy by 122.0% during the second quarter. IFP Advisors Inc now owns 1,230 shares of the company’s stock worth $36,000 after acquiring an additional 676 shares in the last quarter. Allworth Financial LP lifted its holdings in shares of Helen of Troy by 142.2% during the second quarter. Allworth Financial LP now owns 2,589 shares of the company’s stock valued at $75,000 after acquiring an additional 1,520 shares during the period. Finally, Hsbc Holdings PLC grew its holdings in shares of Helen of Troy by 116.7% in the 2nd quarter. Hsbc Holdings PLC now owns 297,763 shares of the company’s stock worth $8,507,000 after purchasing an additional 160,374 shares during the last quarter.

Helen of Troy Company Profile

Helen of Troy Limited (NASDAQ:HELE) is a consumer products company that develops, manufactures, and markets branded products in the beauty, wellness, household, and outdoor categories. Its portfolio includes personal-care and beauty products, health and wellness devices, kitchen and household products, and hydration and outdoor recreation gear.

The company’s well-known brands include OXO, Hydro Flask, Osprey, Drybar, Vicks, Braun, Hot Tools, Revlon, and Honeywell-branded products sold under license, among others.