Helen of Troy Limited (NASDAQ:HELE) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Helen of Troy Limited (NASDAQ:HELE) have earned a consensus rating of “Moderate Buy” from the five ratings firms that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and two have assigned a strong buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $24.00.

HELE has been the subject of several recent analyst reports. UBS Group lifted their price target on Helen of Troy from $16.00 to $25.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Weiss Ratings restated a “sell (d-)” rating on shares of Helen of Troy in a research note on Friday, March 27th. Canaccord Genuity Group boosted their price objective on Helen of Troy from $18.00 to $23.00 and gave the stock a “hold” rating in a research note on Friday, April 24th. Zacks Research upgraded Helen of Troy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. Finally, Wall Street Zen lowered Helen of Troy from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd.

Institutional Investors Weigh In On Helen of Troy

Several large investors have recently bought and sold shares of HELE. Millennium Management LLC increased its stake in Helen of Troy by 164.9% during the 4th quarter. Millennium Management LLC now owns 1,049,381 shares of the company’s stock worth $22,299,000 after buying an additional 653,300 shares in the last quarter. Paradigm Capital Management Inc. NY purchased a new stake in Helen of Troy during the 4th quarter worth approximately $11,989,000. RWWM Inc. increased its stake in Helen of Troy by 85.7% during the 1st quarter. RWWM Inc. now owns 1,173,829 shares of the company’s stock worth $16,927,000 after buying an additional 541,689 shares in the last quarter. UBS Group AG increased its stake in Helen of Troy by 386.0% during the 4th quarter. UBS Group AG now owns 616,992 shares of the company’s stock worth $13,111,000 after buying an additional 490,031 shares in the last quarter. Finally, Wellington Management Group LLP increased its stake in Helen of Troy by 159.2% during the 3rd quarter. Wellington Management Group LLP now owns 747,220 shares of the company’s stock worth $18,830,000 after buying an additional 458,979 shares in the last quarter.

Helen of Troy Price Performance

Shares of Helen of Troy stock opened at $25.26 on Tuesday. The company has a quick ratio of 0.81, a current ratio of 1.71 and a debt-to-equity ratio of 0.95. Helen of Troy has a twelve month low of $13.85 and a twelve month high of $33.73. The business has a 50-day moving average price of $21.68 and a 200 day moving average price of $19.63. The firm has a market cap of $587.55 million, a PE ratio of -0.65 and a beta of 1.34.

Helen of Troy (NASDAQ:HELE) last announced its quarterly earnings results on Thursday, April 23rd. The company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.09. Helen of Troy had a positive return on equity of 7.00% and a negative net margin of 50.33%.The firm had revenue of $470.03 million during the quarter, compared to analyst estimates of $450.38 million. During the same quarter in the previous year, the business earned $2.33 EPS. Helen of Troy’s revenue for the quarter was down 3.3% compared to the same quarter last year. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. Sell-side analysts predict that Helen of Troy will post 2.81 earnings per share for the current fiscal year.

About Helen of Troy

Helen of Troy Limited is a global consumer products company that designs, sources and markets a diversified portfolio of household, health and beauty brands. Headquartered in El Paso, Texas, the company operates through three principal segments—Health & Home, Housewares and Beauty—offering products under well-known names including OXO, Vicks, Braun, Honeywell Home, PUR and Hot Tools. Helen of Troy distributes its products through a combination of mass, specialty and e-commerce channels to consumers, retailers and distributors worldwide.

The Housewares segment features kitchen tools, gadgets and organizational solutions marketed primarily under the OXO brand, recognized for its ergonomic “Good Grips” design.