Helen of Troy Corp. Downgraded to Neutral at Zacks (HELE)
Helen of Troy Corp. (NASDAQ:HELE) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued on Tuesday, Stock Ratings Network reports. They currently have a $72.60 target price on the stock. Zacks‘s target price points to a potential upside of 14.46% from the company’s current price.
In other Helen of Troy Corp. news, Director Darren Woody sold 18,000 shares of the stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $62.04, for a total transaction of $1,116,720.00. Following the sale, the director now directly owns 9,042 shares of the company’s stock, valued at approximately $560,966. The sale was disclosed in a filing with the SEC, which is available at this link.
Helen of Troy Corp. (NASDAQ:HELE) traded down 1.09% on Tuesday, hitting $63.43. The stock had a trading volume of 217,770 shares. Helen of Troy Corp. has a 52 week low of $36.79 and a 52 week high of $70.23. The stock has a 50-day moving average of $65.66 and a 200-day moving average of $57.18. The company has a market cap of $1.814 billion and a P/E ratio of 24.11.
Helen of Troy Corp. (NASDAQ:HELE) last announced its earnings results on Monday, April 28th. The company reported $0.84 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.85 by $0.01. The company had revenue of $312.50 million for the quarter, compared to the consensus estimate of $311.20 million. During the same quarter last year, the company posted $0.98 earnings per share. Helen of Troy Corp.’s revenue was down 4.2% compared to the same quarter last year. On average, analysts predict that Helen of Troy Corp. will post $4.38 earnings per share for the current fiscal year.
Helen of Troy Limited is a global designer, developer, importer and distributor of an expanding portfolio of brand-name consumer products.
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