Helen of Troy (NASDAQ:HELE) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday.

According to Zacks, “Helen of Troy Limited is a leading global consumer products company offering creative solutions for their customers through a diversified portfolio of well-recognized and widely trusted brands. They have built leading market positions through new product innovation, product quality and competitive pricing. They have four business segments: Housewares, Health & Home, Nutritional Supplements and Beauty. Their Housewares segment provides a broad range of products to help with food preparation, cooking, cleaning, organization, beverage service. Their Health & Home products focuses on healthcare and home comfort products. Their Nutritional Supplements segment provides premium branded doctor formulated nutritional supplements, skincare and pain relief products. Their Beauty segment provides personal care, beauty care and wellness products including hair styling appliances; grooming tools; decorative haircare accessories; and liquid-, solid- and powder-based personal care products. “

A number of other brokerages have also recently weighed in on HELE. BidaskClub cut Helen of Troy from a “buy” rating to a “hold” rating in a research report on Saturday, August 26th. Bank of America assumed coverage on Helen of Troy in a research report on Tuesday, August 29th. They issued an “underperform” rating and a $87.00 price target for the company. CL King assumed coverage on Helen of Troy in a research report on Tuesday, September 12th. They issued a “buy” rating and a $104.00 price target for the company. ValuEngine upgraded Helen of Troy from a “hold” rating to a “buy” rating in a research report on Tuesday, October 10th. Finally, KeyCorp restated a “hold” rating on shares of Helen of Troy in a research report on Friday, November 24th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company. Helen of Troy has an average rating of “Hold” and an average price target of $99.40.

Shares of Helen of Troy (NASDAQ:HELE) traded down $1.65 during mid-day trading on Tuesday, hitting $88.20. The stock had a trading volume of 117,661 shares, compared to its average volume of 153,891. Helen of Troy has a twelve month low of $79.90 and a twelve month high of $102.88. The stock has a market capitalization of $2,430.00, a PE ratio of 13.19, a P/E/G ratio of 12.36 and a beta of 0.91. The company has a current ratio of 1.89, a quick ratio of 0.85 and a debt-to-equity ratio of 0.41.

Helen of Troy (NASDAQ:HELE) last announced its quarterly earnings results on Thursday, October 5th. The company reported $1.65 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.29. Helen of Troy had a return on equity of 18.28% and a net margin of 6.93%. The business had revenue of $378.46 million during the quarter, compared to analysts’ expectations of $377.08 million. During the same quarter last year, the business posted $1.31 earnings per share. The business’s revenue for the quarter was up 2.8% on a year-over-year basis. analysts forecast that Helen of Troy will post 6.42 EPS for the current year.

In related news, Director Timothy F. Meeker sold 2,500 shares of Helen of Troy stock in a transaction dated Monday, October 23rd. The stock was sold at an average price of $94.00, for a total transaction of $235,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.57% of the company’s stock.

A number of institutional investors have recently bought and sold shares of HELE. Sei Investments Co. increased its position in Helen of Troy by 68.3% during the 3rd quarter. Sei Investments Co. now owns 1,308 shares of the company’s stock worth $113,000 after purchasing an additional 531 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. increased its position in Helen of Troy by 41.3% during the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,389 shares of the company’s stock worth $118,000 after purchasing an additional 406 shares in the last quarter. Victory Capital Management Inc. increased its position in Helen of Troy by 67.9% during the 3rd quarter. Victory Capital Management Inc. now owns 1,451 shares of the company’s stock worth $125,000 after purchasing an additional 587 shares in the last quarter. Quantbot Technologies LP purchased a new stake in Helen of Troy during the 3rd quarter worth about $127,000. Finally, Flinton Capital Management LLC increased its position in Helen of Troy by 66.0% during the 2nd quarter. Flinton Capital Management LLC now owns 1,408 shares of the company’s stock worth $133,000 after purchasing an additional 560 shares in the last quarter. Hedge funds and other institutional investors own 91.76% of the company’s stock.

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Helen of Troy Company Profile

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.

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