Helen of Troy (NASDAQ:HELE) had its price target lifted by Bank of America from $160.00 to $165.00 in a research note released on Wednesday, Briefing.com Automated Import reports. Bank of America currently has a buy rating on the stock.
A number of other research analysts have also recently issued reports on HELE. ValuEngine cut shares of W&T Offshore from a hold rating to a sell rating in a research report on Friday, April 26th. BidaskClub raised shares of Xilinx from a hold rating to a buy rating in a research report on Saturday, June 29th. DA Davidson reissued a buy rating on shares of Great Western Bancorp in a research report on Thursday, April 25th. Finally, Sidoti lowered shares of Helen of Troy from a buy rating to a neutral rating in a research note on Wednesday, May 8th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of $146.33.
Shares of NASDAQ HELE opened at $147.28 on Wednesday. Helen of Troy has a 1 year low of $108.31 and a 1 year high of $151.12. The stock has a market cap of $3.70 billion, a PE ratio of 19.85, a P/E/G ratio of 2.97 and a beta of 0.67. The company’s 50-day simple moving average is $134.74. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.97 and a current ratio of 2.20.
Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings results on Tuesday, July 9th. The company reported $1.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.40 by $0.38. Helen of Troy had a net margin of 10.81% and a return on equity of 18.61%. The company had revenue of $376.30 million during the quarter, compared to analysts’ expectations of $351.54 million. During the same period last year, the company posted $1.87 EPS. Helen of Troy’s revenue was up 6.1% on a year-over-year basis. On average, research analysts anticipate that Helen of Troy will post 7.42 earnings per share for the current year.
In other Helen of Troy news, Director Timothy F. Meeker sold 2,400 shares of the firm’s stock in a transaction dated Tuesday, April 30th. The shares were sold at an average price of $144.00, for a total transaction of $345,600.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.77% of the stock is currently owned by company insiders.
A number of large investors have recently added to or reduced their stakes in HELE. Thrivent Financial for Lutherans grew its stake in shares of Helen of Troy by 4.3% in the fourth quarter. Thrivent Financial for Lutherans now owns 6,693 shares of the company’s stock worth $878,000 after acquiring an additional 278 shares during the period. Legal & General Group Plc grew its stake in shares of Helen of Troy by 11.8% in the fourth quarter. Legal & General Group Plc now owns 28,641 shares of the company’s stock worth $3,757,000 after acquiring an additional 3,019 shares during the period. Voloridge Investment Management LLC bought a new stake in shares of Helen of Troy in the fourth quarter worth approximately $1,450,000. Strs Ohio grew its stake in shares of Helen of Troy by 9.3% in the first quarter. Strs Ohio now owns 11,800 shares of the company’s stock worth $1,368,000 after acquiring an additional 1,000 shares during the period. Finally, Norges Bank bought a new stake in shares of Helen of Troy in the fourth quarter worth approximately $42,576,000. Institutional investors and hedge funds own 98.92% of the company’s stock.
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.
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