Helen of Troy (NASDAQ:HELE) Price Target Cut to $100.00

Helen of Troy (NASDAQ:HELE) had its target price dropped by analysts at UBS Group from $121.00 to $100.00 in a research note issued to investors on Thursday, Benzinga reports. The firm presently has a “neutral” rating on the stock. UBS Group’s price objective would indicate a potential upside of 9.64% from the stock’s current price.

A number of other analysts have also recently commented on HELE. DA Davidson lowered their target price on shares of Helen of Troy from $151.00 to $139.00 and set a “buy” rating for the company in a research note on Thursday. StockNews.com upgraded Helen of Troy from a “hold” rating to a “buy” rating in a research note on Tuesday, January 9th.

Helen of Troy Stock Up 0.4 %

Shares of NASDAQ HELE opened at $91.21 on Thursday. The company has a market cap of $2.17 billion, a P/E ratio of 12.92, a PEG ratio of 1.35 and a beta of 0.80. The firm has a 50-day simple moving average of $112.60 and a two-hundred day simple moving average of $112.17. Helen of Troy has a 1 year low of $86.23 and a 1 year high of $143.68. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.87 and a quick ratio of 0.98.

Helen of Troy (NASDAQ:HELE) last released its earnings results on Wednesday, April 24th. The company reported $2.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.00 by $0.11. Helen of Troy had a return on equity of 11.65% and a net margin of 8.41%. The business had revenue of $489.20 million for the quarter, compared to analyst estimates of $477.88 million. Research analysts anticipate that Helen of Troy will post 8.42 earnings per share for the current year.

Institutional Investors Weigh In On Helen of Troy

Several institutional investors and hedge funds have recently added to or reduced their stakes in HELE. YHB Investment Advisors Inc. purchased a new stake in shares of Helen of Troy in the first quarter valued at about $29,000. Louisiana State Employees Retirement System raised its position in Helen of Troy by 1.5% in the first quarter. Louisiana State Employees Retirement System now owns 6,800 shares of the company’s stock valued at $784,000 after purchasing an additional 100 shares during the period. Azzad Asset Management Inc. ADV lifted its stake in Helen of Troy by 1.9% during the first quarter. Azzad Asset Management Inc. ADV now owns 20,449 shares of the company’s stock worth $2,356,000 after purchasing an additional 378 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of Helen of Troy by 1.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 920,098 shares of the company’s stock worth $106,032,000 after buying an additional 13,206 shares during the period. Finally, AlphaMark Advisors LLC grew its stake in shares of Helen of Troy by 11.5% in the first quarter. AlphaMark Advisors LLC now owns 2,520 shares of the company’s stock valued at $290,000 after buying an additional 260 shares in the last quarter.

Helen of Troy Company Profile

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 preparation tools and gadgets, storage containers, and organization products; coffee makers, grinders, manual pour overs, and tea kettles; household cleaning products, shower organization, and bathroom accessories; feeding and drinking products, child seating, cleaning tools, and nursery accessories; insulated hydration bottles, hydration packs, drinkware, mugs, food containers, lunch containers, insulated totes, soft coolers, and accessories; and technical and outdoor sports packs, travel packs and accessories, luggage, daypacks, and everyday packs.