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Canaccord Genuity Group Increases Helen of Troy (NASDAQ:HELE) Price Target to $23.00

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Key Points

  • Canaccord raised its price target on Helen of Troy to $23 (from $18) and kept a "hold" rating; the Street's average target is $24 with mixed analyst opinions.
  • Helen of Troy beat Q4 estimates (EPS $0.83; revenue $470M) and raised FY‑2027 adjusted EPS guidance to $3.25–$3.75 with net sales guided to about $1.75B–$1.82B.
  • Offsetting the upbeat outlook, revenue fell ~3.3% YoY, margins were pressured (operating margin turned negative after impairment charges), and a securities litigation inquiry adds legal/headline risk.
  • Five stocks to consider instead of Helen of Troy.

Helen of Troy (NASDAQ:HELE - Get Free Report) had its price target lifted by research analysts at Canaccord Genuity Group from $18.00 to $23.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has a "hold" rating on the stock. Canaccord Genuity Group's target price points to a potential upside of 4.28% from the stock's current price.

Several other equities research analysts have also recently commented on HELE. Weiss Ratings restated a "sell (d-)" rating on shares of Helen of Troy in a research note on Friday, March 27th. UBS Group upped their price target on Helen of Troy from $16.00 to $25.00 and gave the stock a "neutral" rating in a research note on Friday. Finally, Zacks Research upgraded Helen of Troy from a "strong sell" rating to a "hold" rating in a research report on Monday, March 23rd. One analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $24.00.

Get Our Latest Analysis on Helen of Troy

Helen of Troy Stock Performance

NASDAQ HELE traded down $1.76 on Friday, reaching $22.06. The stock had a trading volume of 542,773 shares, compared to its average volume of 707,317. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.90 and a current ratio of 1.81. Helen of Troy has a 12-month low of $13.85 and a 12-month high of $33.76. The business's 50-day moving average price is $16.76 and its 200 day moving average price is $18.67. The stock has a market cap of $508.83 million, a P/E ratio of -0.64 and a beta of 0.86.

Helen of Troy (NASDAQ:HELE - Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The company reported $0.83 earnings per share for the quarter, beating analysts' consensus estimates of $0.74 by $0.09. Helen of Troy had a positive return on equity of 8.33% and a negative net margin of 43.97%.The company had revenue of $470.03 million during the quarter, compared to analysts' expectations of $450.38 million. During the same quarter in the previous year, the business earned $2.33 earnings per share. The firm's revenue for the quarter was down 3.3% on a year-over-year basis. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. As a group, equities analysts expect that Helen of Troy will post 2.58 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Inspire Investing LLC raised its position in Helen of Troy by 64.7% in the first quarter. Inspire Investing LLC now owns 36,282 shares of the company's stock worth $523,000 after acquiring an additional 14,255 shares in the last quarter. Empowered Funds LLC purchased a new position in Helen of Troy in the fourth quarter worth $148,000. XTX Topco Ltd purchased a new position in Helen of Troy in the fourth quarter worth $321,000. Susquehanna Portfolio Strategies LLC raised its position in Helen of Troy by 25.8% in the fourth quarter. Susquehanna Portfolio Strategies LLC now owns 102,985 shares of the company's stock worth $2,188,000 after acquiring an additional 21,143 shares in the last quarter. Finally, Millennium Management LLC raised its position in Helen of Troy by 164.9% in the fourth quarter. Millennium Management LLC now owns 1,049,381 shares of the company's stock worth $22,299,000 after acquiring an additional 653,300 shares in the last quarter.

Key Headlines Impacting Helen of Troy

Here are the key news stories impacting Helen of Troy this week:

About Helen of Troy

(Get Free Report)

Helen of Troy Limited is a global consumer products company that designs, sources and markets a diversified portfolio of household, health and beauty brands. Headquartered in El Paso, Texas, the company operates through three principal segments—Health & Home, Housewares and Beauty—offering products under well-known names including OXO, Vicks, Braun, Honeywell Home, PUR and Hot Tools. Helen of Troy distributes its products through a combination of mass, specialty and e-commerce channels to consumers, retailers and distributors worldwide.

The Housewares segment features kitchen tools, gadgets and organizational solutions marketed primarily under the OXO brand, recognized for its ergonomic “Good Grips” design.

Further Reading

Analyst Recommendations for Helen of Troy (NASDAQ:HELE)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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