Brokerages Set Helen of Troy Limited (NASDAQ:HELE) Price Target at $42.00

Shares of Helen of Troy Limited (NASDAQ:HELE) have been assigned a consensus rating of “Reduce” from the five ratings firms that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation and three have issued a hold recommendation on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $42.00.

A number of analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Helen of Troy in a research note on Tuesday. UBS Group dropped their target price on Helen of Troy from $27.00 to $25.00 and set a “neutral” rating on the stock in a report on Friday, October 10th. Canaccord Genuity Group decreased their price target on Helen of Troy from $26.00 to $23.00 and set a “hold” rating for the company in a research note on Friday, October 10th. Finally, Zacks Research cut Helen of Troy from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 14th.

Helen of Troy Stock Up 3.2%

HELE opened at $19.84 on Monday. The stock’s 50 day moving average price is $22.14 and its 200 day moving average price is $24.74. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.71 and a quick ratio of 0.74. The stock has a market cap of $456.90 million, a P/E ratio of -0.69 and a beta of 0.84. Helen of Troy has a 12 month low of $18.13 and a 12 month high of $75.68.

Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings data on Thursday, October 9th. The company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.05. The business had revenue of $431.78 million for the quarter, compared to analysts’ expectations of $416.77 million. Helen of Troy had a negative net margin of 36.20% and a positive return on equity of 8.72%. The company’s revenue was down 8.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.21 earnings per share. Helen of Troy has set its FY 2026 guidance at 3.750-4.25 EPS. Q3 2026 guidance at 1.550-1.800 EPS. As a group, research analysts predict that Helen of Troy will post 6.46 earnings per share for the current year.

Hedge Funds Weigh In On Helen of Troy

Several hedge funds have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Helen of Troy by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,533 shares of the company’s stock worth $724,000 after buying an additional 563 shares in the last quarter. Signaturefd LLC lifted its position in shares of Helen of Troy by 71.1% during the 2nd quarter. Signaturefd LLC now owns 1,429 shares of the company’s stock valued at $41,000 after acquiring an additional 594 shares during the last quarter. Police & Firemen s Retirement System of New Jersey lifted its position in shares of Helen of Troy by 16.2% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 5,454 shares of the company’s stock valued at $155,000 after acquiring an additional 759 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Helen of Troy by 26.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,013 shares of the company’s stock worth $114,000 after acquiring an additional 838 shares in the last quarter. Finally, IMA Advisory Services Inc. acquired a new position in shares of Helen of Troy in the 1st quarter worth $52,000.

About Helen of Troy

Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates in two segments: Home & Outdoor and Beauty & Wellness. The Home & Outdoor segment offers food storage containers, kitchen utensils for cooking and preparing salads, fruits, vegetables and meats, graters, slicers and choppers, baking essentials, kitchen organization, bath, cleaning, infant and toddler products, and coffee preparation tools and electronics; and insulated beverageware, including bottles, travel tumblers, drinkware, mugs, food and lunch containers, insulated totes, soft coolers, outdoor kitchenware, and accessories.