Helen of Troy (HELE) Downgraded by BidaskClub to Hold

Helen of Troy (NASDAQ:HELE) was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday.

HELE has been the subject of several other research reports. Zacks Investment Research raised Helen of Troy from a “hold” rating to a “buy” rating and set a $108.00 price objective for the company in a report on Tuesday, January 23rd. TheStreet lowered Helen of Troy from a “b” rating to a “c” rating in a report on Monday, January 8th. ValuEngine raised Helen of Troy from a “hold” rating to a “buy” rating in a report on Wednesday, January 10th. Finally, KeyCorp reissued a “hold” rating on shares of Helen of Troy in a report on Friday, November 24th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $101.75.

Shares of Helen of Troy (HELE) opened at $96.65 on Thursday. Helen of Troy has a 12-month low of $85.40 and a 12-month high of $102.88. The stock has a market capitalization of $2,614.55, a price-to-earnings ratio of 132.40, a PEG ratio of 6.41 and a beta of 0.91. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.94 and a current ratio of 1.73.

Helen of Troy (NASDAQ:HELE) last announced its earnings results on Monday, January 8th. The company reported $2.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.07 by $0.45. Helen of Troy had a return on equity of 18.37% and a net margin of 1.28%. The firm had revenue of $453.00 million during the quarter, compared to analyst estimates of $452.81 million. During the same period last year, the firm posted $2.37 EPS. The business’s revenue was up 1.9% compared to the same quarter last year. sell-side analysts predict that Helen of Troy will post 6.52 earnings per share for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Flinton Capital Management LLC grew its holdings 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 valued at $133,000 after buying an additional 560 shares in the last quarter. Riverhead Capital Management LLC grew its holdings in Helen of Troy by 85.0% during the 2nd quarter. Riverhead Capital Management LLC now owns 1,665 shares of the company’s stock valued at $157,000 after buying an additional 765 shares in the last quarter. Citigroup Inc. grew its holdings in Helen of Troy by 18.3% during the 2nd quarter. Citigroup Inc. now owns 1,735 shares of the company’s stock valued at $163,000 after buying an additional 268 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new position in Helen of Troy during the 2nd quarter valued at about $213,000. Finally, BlueCrest Capital Management Ltd purchased a new position in Helen of Troy during the 2nd quarter valued at about $215,000. 92.87% of the stock is owned by institutional investors.

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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 three segments. The Housewares segment provides a range of consumer products for the home.

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