Helen of Troy (NASDAQ:HELE) Price Target Raised to $175.00

Share on StockTwits

Helen of Troy (NASDAQ:HELE) had its target price boosted by Bank of America from $170.00 to $175.00 in a research report released on Wednesday morning, BenzingaRatingsTable reports. They currently have a buy rating on the stock.

A number of other research firms have also recently commented on HELE. DA Davidson lifted their price objective on shares of Helen of Troy from $172.00 to $184.00 and gave the stock a buy rating in a research report on Monday, October 7th. They noted that the move was a valuation call. BidaskClub raised shares of Helen of Troy from a sell rating to a hold rating in a research report on Friday, September 27th. Finally, ValuEngine cut shares of Helen of Troy from a buy rating to a hold rating in a research report on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. Helen of Troy currently has an average rating of Hold and an average price target of $179.50.

HELE stock traded up $0.54 during midday trading on Wednesday, reaching $154.86. 242,309 shares of the company were exchanged, compared to its average volume of 292,074. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.24 and a quick ratio of 1.04. The business has a 50-day moving average price of $153.21 and a two-hundred day moving average price of $139.65. Helen of Troy has a one year low of $108.31 and a one year high of $169.25. The firm has a market capitalization of $3.87 billion, a price-to-earnings ratio of 20.28, a price-to-earnings-growth ratio of 2.60 and a beta of 0.57.

Helen of Troy (NASDAQ:HELE) last released its quarterly earnings data on Tuesday, October 8th. The company reported $2.24 EPS for the quarter, topping the Zacks’ consensus estimate of $1.96 by $0.28. Helen of Troy had a net margin of 10.80% and a return on equity of 18.80%. The firm had revenue of $414.00 million during the quarter, compared to analysts’ expectations of $390.55 million. During the same period in the previous year, the business posted $1.98 earnings per share. The company’s revenue for the quarter was up 5.2% compared to the same quarter last year. As a group, analysts anticipate that Helen of Troy will post 7.8 earnings per share for the current fiscal year.

A number of hedge funds have recently added to or reduced their stakes in the business. Nuveen Asset Management LLC boosted its position in shares of Helen of Troy by 3,500.3% in the second quarter. Nuveen Asset Management LLC now owns 114,416 shares of the company’s stock valued at $14,941,000 after acquiring an additional 111,238 shares during the period. Wells Fargo & Company MN boosted its position in shares of Helen of Troy by 15.1% in the second quarter. Wells Fargo & Company MN now owns 582,967 shares of the company’s stock valued at $76,130,000 after acquiring an additional 76,483 shares during the period. Schroder Investment Management Group boosted its position in shares of Helen of Troy by 782.9% in the second quarter. Schroder Investment Management Group now owns 61,800 shares of the company’s stock valued at $8,071,000 after acquiring an additional 54,800 shares during the period. WINTON GROUP Ltd boosted its position in shares of Helen of Troy by 660.2% in the second quarter. WINTON GROUP Ltd now owns 32,734 shares of the company’s stock valued at $4,275,000 after acquiring an additional 28,428 shares during the period. Finally, Canada Pension Plan Investment Board bought a new stake in shares of Helen of Troy in the second quarter valued at about $3,526,000. 93.45% of the stock is owned by hedge funds and other institutional investors.

About Helen of Troy

Helen of Troy Limited designs, develops, imports, markets, and distributes a portfolio of consumer products worldwide. It operates in three segments: Housewares, Health & Home, and Beauty. The Housewares segment offers food and beverage preparation tools and gadgets, storage containers, and organization products; household cleaning products, and shower organization, bathroom accessories, and gardening products; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; and insulated water bottles, jugs, drinkware, travel mugs, and food containers.

Further Reading: Quantitative Easing

Receive News & Ratings for Helen of Troy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helen of Troy and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Quantitative Advantage LLC Purchases 3,994 Shares of SPDR Portfolio Aggregate Bond ETF
Quantitative Advantage LLC Purchases 3,994 Shares of SPDR Portfolio Aggregate Bond ETF
Quantitative Advantage LLC Has $10.04 Million Stake in Vanguard Total Stock Market ETF
Quantitative Advantage LLC Has $10.04 Million Stake in Vanguard Total Stock Market ETF
Desjardins Weighs in on CGI Group, Inc.’s FY2021 Earnings
Desjardins Weighs in on CGI Group, Inc.’s FY2021 Earnings
DAV Coin  Price Hits $0.0002 on Top Exchanges
DAV Coin Price Hits $0.0002 on Top Exchanges
MGP Ingredients Inc  Announces Dividend of $0.10
MGP Ingredients Inc Announces Dividend of $0.10
MFCoin  Price Up 11.5% Over Last 7 Days
MFCoin Price Up 11.5% Over Last 7 Days


 
© 2006-2019 Zolmax.