Helen of Troy Corp. Upgraded by Zacks to Outperform (HELE)
Helen of Troy Corp. (NASDAQ:HELE) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research note issued to investors on Monday. The firm currently has a $72.60 price objective on the stock. Zacks‘s price target would indicate a potential upside of 19.64% from the stock’s previous close.
Helen of Troy Corp. (NASDAQ:HELE) traded down 1.17% during mid-day trading on Monday, hitting $59.97. The stock had a trading volume of 96,023 shares. Helen of Troy Corp. has a one year low of $38.21 and a one year high of $70.23. The stock has a 50-day moving average of $59.84 and a 200-day moving average of $60.11. The company has a market cap of $1.715 billion and a price-to-earnings ratio of 22.81.
Helen of Troy Corp. (NASDAQ:HELE) last issued its quarterly earnings data on Monday, April 28th. The company reported $0.84 EPS for the quarter, missing the Thomson Reuters 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 in the prior year, the company posted $0.98 earnings per share. The company’s quarterly revenue was down 4.2% on a year-over-year basis. 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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