Shares of Helen of Troy Limited (NASDAQ:HELE) have been assigned an average recommendation of “Hold” from the eight research firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $99.40.

A number of equities research analysts recently commented on the stock. BidaskClub raised shares of Helen of Troy Limited from a “sell” rating to a “hold” rating in a report on Wednesday, June 28th. Bank of America Corporation assumed coverage on shares of Helen of Troy Limited in a report on Tuesday, August 29th. They set an “underperform” rating and a $87.00 target price on the stock. KeyCorp reissued a “hold” rating on shares of Helen of Troy Limited in a report on Friday, October 6th. ValuEngine raised shares of Helen of Troy Limited from a “hold” rating to a “buy” rating in a report on Tuesday, October 10th. Finally, CL King assumed coverage on shares of Helen of Troy Limited in a report on Tuesday, September 12th. They set a “buy” rating and a $104.00 target price on the stock.

In related news, Director Timothy F. Meeker sold 2,500 shares of the company’s stock in a transaction on Monday, October 23rd. The shares were sold at an average price of $94.00, for a total value of $235,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.57% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Flinton Capital Management LLC boosted its position in Helen of Troy Limited by 66.0% during the second quarter. Flinton Capital Management LLC now owns 1,408 shares of the company’s stock valued at $133,000 after buying an additional 560 shares during the period. Victory Capital Management Inc. boosted its holdings in shares of Helen of Troy Limited by 18.1% during the first quarter. Victory Capital Management Inc. now owns 1,671 shares of the company’s stock worth $157,000 after purchasing an additional 256 shares during the period. Riverhead Capital Management LLC boosted its holdings in shares of Helen of Troy Limited by 85.0% during the second quarter. Riverhead Capital Management LLC now owns 1,665 shares of the company’s stock worth $157,000 after purchasing an additional 765 shares during the period. Citigroup Inc. boosted its holdings in shares of Helen of Troy Limited by 18.3% during the second quarter. Citigroup Inc. now owns 1,735 shares of the company’s stock worth $163,000 after purchasing an additional 268 shares during the period. Finally, LS Investment Advisors LLC boosted its holdings in shares of Helen of Troy Limited by 17.7% during the second quarter. LS Investment Advisors LLC now owns 2,134 shares of the company’s stock worth $201,000 after purchasing an additional 321 shares during the period. Institutional investors and hedge funds own 89.97% of the company’s stock.

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Helen of Troy Limited (NASDAQ:HELE) opened at 96.20 on Thursday. Helen of Troy Limited has a 1-year low of $77.50 and a 1-year high of $102.88. The stock’s 50 day moving average price is $94.34 and its 200 day moving average price is $94.69. The stock has a market capitalization of $2.62 billion, a PE ratio of 24.47 and a beta of 0.99.

Helen of Troy Limited (NASDAQ:HELE) last announced its earnings results on Thursday, October 5th. The company reported $1.65 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.29. Helen of Troy Limited had a return on equity of 18.28% and a net margin of 6.93%. The firm had revenue of $378.46 million for the quarter, compared to the consensus estimate of $377.08 million. During the same quarter in the previous year, the business earned $1.31 EPS. The company’s revenue was up 2.8% compared to the same quarter last year. Equities research analysts forecast that Helen of Troy Limited will post $6.72 earnings per share for the current year.

About Helen of Troy Limited

Helen Of Troy Limited is a global consumer products company that offers a range of solutions for its customers through a range of brands. The Company is a global designer, developer, importer, marketer and distributor of a portfolio of brand-name consumer products. The Company has four segments. The Housewares segment provides a range of consumer products for the home.

Analyst Recommendations for Helen of Troy Limited (NASDAQ:HELE)

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