Several other analysts also recently weighed in on HELE. Jefferies Group set a $114.00 price objective on shares of Helen of Troy and gave the company a buy rating in a research report on Monday, August 1st. Zacks Investment Research downgraded shares of Helen of Troy from a buy rating to a hold rating in a research report on Tuesday, September 6th. Finally, Sidoti started coverage on shares of Helen of Troy in a research report on Thursday, August 25th. They set a neutral rating and a $102.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Helen of Troy currently has a consensus rating of Hold and an average price target of $107.50.
Shares of Helen of Troy (NASDAQ:HELE) traded down 5.38% during trading on Thursday, hitting $82.20. 593,946 shares of the company traded hands. The stock has a market cap of $2.29 billion, a price-to-earnings ratio of 23.45 and a beta of 1.00. The firm has a 50 day moving average price of $88.77 and a 200-day moving average price of $97.32. Helen of Troy has a one year low of $80.21 and a one year high of $106.50.
Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings data on Thursday, October 6th. The company reported $1.31 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.14 by $0.17. The firm had revenue of $368.17 million for the quarter. Helen of Troy had a net margin of 6.45% and a return on equity of 18.62%. The company’s revenue for the quarter was down .3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.12 earnings per share. Analysts predict that Helen of Troy will post $6.16 EPS for the current year.
Several hedge funds have recently added to or reduced their stakes in HELE. State Street Corp increased its stake in Helen of Troy by 31.2% in the second quarter. State Street Corp now owns 1,061,087 shares of the company’s stock worth $109,122,000 after buying an additional 252,621 shares during the period. GW&K Investment Management LLC bought a new stake in Helen of Troy during the second quarter worth approximately $25,009,000. Mesirow Financial Investment Management Equity Management increased its stake in Helen of Troy by 1,076.9% in the second quarter. Mesirow Financial Investment Management Equity Management now owns 223,076 shares of the company’s stock worth $22,942,000 after buying an additional 204,122 shares during the period. PNC Financial Services Group Inc. increased its stake in Helen of Troy by 69.3% in the second quarter. PNC Financial Services Group Inc. now owns 381,738 shares of the company’s stock worth $39,258,000 after buying an additional 156,296 shares during the period. Finally, BlackRock Institutional Trust Company N.A. increased its stake in Helen of Troy by 19.5% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 836,180 shares of the company’s stock worth $85,993,000 after buying an additional 136,461 shares during the period. Institutional investors own 94.68% of the company’s stock.
About Helen of Troy
Helen of Troy Limited is a global consumer products company. The Company offers solutions for its customers through a portfolio of brands. It is a global designer, developer, importer, marketer, and distributor of a portfolio of brand-name consumer products. It has four business segments: Housewares, Healthcare/Home Environment, Nutritional Supplements and Personal Care.
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