Helen of Troy Limited (NASDAQ:HELE) Stock Has Average Price Target of $27.50

Shares of Helen of Troy Limited (NASDAQ:HELE) have been assigned a consensus rating of “Moderate Buy” from the five research firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and two have issued a strong buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $27.50.

A number of equities analysts have weighed in on HELE shares. Wall Street Zen raised Helen of Troy from a “hold” rating to a “strong-buy” rating in a research report on Sunday, July 12th. Canaccord Genuity Group increased their target price on shares of Helen of Troy from $25.00 to $26.00 and gave the stock a “hold” rating in a report on Tuesday, October 6th. UBS Group raised their target price on shares of Helen of Troy from $28.00 to $29.00 and gave the company a “neutral” rating in a research report on Friday, October 9th. Zacks Research upgraded shares of Helen of Troy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 13th. Finally, Weiss Ratings lowered shares of Helen of Troy from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday, July 21st.

Hedge Funds Weigh In On Helen of Troy

Several hedge funds have recently modified their holdings of the stock. BlackRock Inc. bought a new stake in Helen of Troy during the second quarter worth about $54,740,000. Bank of America Corp DE bought a new position in Helen of Troy in the second quarter valued at approximately $27,749,000. Wellington Management Group LLP grew its stake in Helen of Troy by 12.8% in the second quarter. Wellington Management Group LLP now owns 824,238 shares of the company’s stock valued at $23,961,000 after purchasing an additional 93,350 shares in the last quarter. Pzena Investment Management LLC bought a new position in Helen of Troy in the second quarter valued at approximately $19,668,000. Finally, RWWM Inc. increased its position in shares of 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 purchasing an additional 541,689 shares during the last quarter.

Helen of Troy Stock Performance

HELE opened at $28.99 on Monday. The stock has a market capitalization of $678.08 million, a P/E ratio of -6.65 and a beta of 1.34. The company has a current ratio of 1.65, a quick ratio of 0.75 and a debt-to-equity ratio of 0.76. Helen of Troy has a 12 month low of $13.85 and a 12 month high of $31.98. The firm’s fifty day simple moving average is $28.15 and its 200 day simple moving average is $26.00.

Helen of Troy (NASDAQ:HELE) last released its earnings results on Thursday, October 8th. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.29. Helen of Troy had a positive return on equity of 7.73% and a negative net margin of 5.43%. The firm had revenue of $440.93 million during the quarter, compared to analysts’ expectations of $442.33 million. During the same quarter in the prior year, the company earned $0.59 EPS. The company’s revenue was up 2.1% on a year-over-year basis. Helen of Troy has set its FY 2027 guidance at 3.600-4.150 EPS. As a group, research analysts anticipate that Helen of Troy will post 2.96 EPS for the current fiscal year.

About Helen of Troy

Helen of Troy Limited is a global consumer products company that develops, markets and distributes branded products across the home and outdoor, beauty, and health and wellness categories. Its portfolio includes household and organization products, drinkware and outdoor equipment, personal-care appliances, hair-care products, and consumer health products.

The company’s principal brands include OXO, Hydro Flask, Osprey, Drybar and Hot Tools. Helen of Troy also markets certain health and wellness products under licensed brands, including Vicks, Braun and Honeywell, as well as beauty products under selected licensed and owned brands.