Helen of Troy (NASDAQ:HELE) had its target price upped by Bank of America from $160.00 to $165.00 in a research report report published on Wednesday morning, Briefing.com Automated Import reports. They currently have a buy rating on the stock.
A number of other analysts have also recently commented on HELE. DA Davidson restated a buy rating on shares of Great Western Bancorp in a research note on Thursday, April 25th. ValuEngine cut shares of W&T Offshore from a hold rating to a sell rating in a research note on Friday, April 26th. BidaskClub upgraded shares of Xilinx from a hold rating to a buy rating in a research note on Saturday, June 29th. Finally, Sidoti cut shares of Helen of Troy from a buy rating to a neutral rating in a research note on Wednesday, May 8th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of $146.33.
HELE opened at $147.28 on Wednesday. The company has a current ratio of 2.20, a quick ratio of 0.97 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $3.70 billion, a PE ratio of 19.85, a price-to-earnings-growth ratio of 2.97 and a beta of 0.67. Helen of Troy has a twelve month low of $108.31 and a twelve month high of $151.12. The company has a 50-day moving average of $134.74.
Helen of Troy (NASDAQ:HELE) last released its earnings results on Tuesday, July 9th. The company reported $1.78 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.40 by $0.38. The firm had revenue of $376.30 million for the quarter, compared to analysts’ expectations of $351.54 million. Helen of Troy had a net margin of 10.81% and a return on equity of 18.61%. The company’s quarterly revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.87 earnings per share. On average, sell-side analysts expect that Helen of Troy will post 7.42 EPS for the current year.
In related news, Director Timothy F. Meeker sold 2,400 shares of the company’s stock in a transaction that occurred on Tuesday, April 30th. The shares were sold at an average price of $144.00, for a total transaction of $345,600.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.77% of the company’s stock.
Several hedge funds have recently made changes to their positions in the stock. Texas Permanent School Fund lifted its stake in Helen of Troy by 0.6% in the 1st quarter. Texas Permanent School Fund now owns 17,379 shares of the company’s stock worth $2,015,000 after purchasing an additional 102 shares in the last quarter. Amalgamated Bank lifted its stake in Helen of Troy by 3.1% in the 4th quarter. Amalgamated Bank now owns 3,829 shares of the company’s stock worth $502,000 after purchasing an additional 115 shares in the last quarter. Virginia Retirement Systems ET AL lifted its stake in Helen of Troy by 3.9% in the 1st quarter. Virginia Retirement Systems ET AL now owns 5,300 shares of the company’s stock worth $615,000 after purchasing an additional 200 shares in the last quarter. Resources Investment Advisors Inc. purchased a new stake in Helen of Troy in the 4th quarter worth approximately $31,000. Finally, Thrivent Financial for Lutherans lifted its stake in Helen of Troy by 4.3% in the 4th quarter. Thrivent Financial for Lutherans now owns 6,693 shares of the company’s stock worth $878,000 after purchasing an additional 278 shares in the last quarter. Institutional investors own 98.92% of the company’s stock.
About Helen of Troy
Helen of Troy Limited designs, develops, imports, markets, and distributes a portfolio of consumer products worldwide. It operates in three segments: Housewares, Health & Home, and Beauty. The Housewares segment offers food and beverage preparation tools and gadgets, storage containers, and organization products; household cleaning products, and shower organization, bathroom accessories, and gardening products; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; and insulated water bottles, jugs, drinkware, travel mugs, and food containers.
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