Helen of Troy (NASDAQ:HELE) Share Price Passes Above 200-Day Moving Average – Time to Sell?

Helen of Troy Limited (NASDAQ:HELEGet Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $21.35 and traded as high as $28.26. Helen of Troy shares last traded at $28.19, with a volume of 349,183 shares changing hands.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on HELE shares. UBS Group boosted their price objective on shares of Helen of Troy from $25.00 to $28.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Canaccord Genuity Group lifted their target price on Helen of Troy from $23.00 to $25.00 and gave the stock a “hold” rating in a report on Thursday, July 9th. Wall Street Zen upgraded Helen of Troy from a “hold” rating to a “strong-buy” rating in a research note on Sunday, July 12th. Zacks Research downgraded Helen of Troy from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Finally, Weiss Ratings raised Helen of Troy from a “sell (d-)” rating to a “sell (d)” rating in a research report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $26.50.

Get Our Latest Stock Analysis on HELE

Helen of Troy Price Performance

The company has a quick ratio of 0.81, a current ratio of 1.78 and a debt-to-equity ratio of 0.82. The firm’s fifty day moving average price is $26.87 and its two-hundred day moving average price is $21.35. The stock has a market capitalization of $656.55 million, a PE ratio of -1.57 and a beta of 1.31.

Helen of Troy (NASDAQ:HELEGet Free Report) last issued its quarterly earnings data on Wednesday, July 8th. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.15. Helen of Troy had a negative net margin of 22.70% and a positive return on equity of 6.46%. The company had revenue of $402.12 million for the quarter, compared to the consensus estimate of $374.55 million. During the same quarter in the prior year, the firm earned $0.41 earnings per share. The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. On average, equities analysts predict that Helen of Troy Limited will post 2.85 earnings per share for the current year.

Hedge Funds Weigh In On Helen of Troy

Hedge funds and other institutional investors have recently modified their holdings of the company. iSAM Funds UK Ltd purchased a new position in shares of Helen of Troy in the 3rd quarter worth $27,000. Allworth Financial LP lifted its holdings in Helen of Troy by 922.7% in the fourth quarter. Allworth Financial LP now owns 1,350 shares of the company’s stock valued at $29,000 after acquiring an additional 1,218 shares during the period. Farther Finance Advisors LLC boosted its position in Helen of Troy by 5,529.2% in the fourth quarter. Farther Finance Advisors LLC now owns 1,351 shares of the company’s stock worth $29,000 after purchasing an additional 1,327 shares during the last quarter. Larson Financial Group LLC boosted its position in Helen of Troy by 1,323.2% in the third quarter. Larson Financial Group LLC now owns 1,352 shares of the company’s stock worth $34,000 after purchasing an additional 1,257 shares during the last quarter. Finally, Tower Research Capital LLC TRC grew its stake in shares of Helen of Troy by 216.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,998 shares of the company’s stock valued at $57,000 after purchasing an additional 1,366 shares during the period.

About Helen of Troy

(Get Free Report)

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.

Further Reading

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