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

Shares of Helen of Troy Limited (NASDAQ:HELE) have been given a consensus rating of “Moderate Buy” by the five brokerages that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $24.00.

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

Helen of Troy Stock Performance

NASDAQ:HELE opened at $28.14 on Friday. The company’s 50 day moving average price is $25.95 and its 200-day moving average price is $20.72. Helen of Troy has a 52 week low of $13.85 and a 52 week high of $33.73. The company has a quick ratio of 0.81, a current ratio of 1.71 and a debt-to-equity ratio of 0.95. The stock has a market cap of $655.38 million, a price-to-earnings ratio of -0.72 and a beta of 1.31.

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. The company had revenue of $470.03 million during the quarter, compared to the consensus estimate of $450.38 million. Helen of Troy had a negative net margin of 50.33% and a positive return on equity of 7.00%. The firm’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same quarter last year, the firm earned $2.33 earnings per share. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. On average, equities research analysts forecast that Helen of Troy will post 2.81 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Helen of Troy by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,533 shares of the company’s stock worth $724,000 after purchasing an additional 563 shares during the last quarter. iSAM Funds UK Ltd bought a new stake in Helen of Troy in the 3rd quarter worth approximately $27,000. Allworth Financial LP raised its stake in Helen of Troy by 922.7% during the 4th quarter. Allworth Financial LP now owns 1,350 shares of the company’s stock valued at $29,000 after buying an additional 1,218 shares during the last quarter. Signaturefd LLC raised its stake in Helen of Troy by 47.8% during the 4th quarter. Signaturefd LLC now owns 3,829 shares of the company’s stock valued at $81,000 after buying an additional 1,238 shares during the last quarter. Finally, Larson Financial Group LLC lifted its holdings in shares of Helen of Troy by 1,323.2% during the 3rd quarter. Larson Financial Group LLC now owns 1,352 shares of the company’s stock valued at $34,000 after buying an additional 1,257 shares during the period.

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.