Helen of Troy Limited (NASDAQ:HELE) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Analyst consensus is “Hold”: Of five analysts covering Helen of Troy, three recommend holding, one recommends selling, and one gives a strong-buy rating. The average 12-month price target is $26.50.
• Quarterly results exceeded expectations: Helen of Troy reported $0.17 in quarterly EPS versus the $0.02 consensus estimate, while revenue rose 8.2% year over year to $402.12 million, above expectations.
• Shares remain volatile: HELE opened at $27.22, with a 52-week range of $13.85 to $30.68; its 50-day and 200-day moving averages were $28.31 and $24.16, respectively.

Shares of Helen of Troy Limited (NASDAQ:HELE - Get Free Report) have been given a consensus rating of "Hold" by the five analysts that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $26.50.

Several research firms recently weighed in on HELE. UBS Group upped their price target on shares of Helen of Troy from $25.00 to $28.00 and gave the stock a "neutral" rating in a research report on Thursday, July 9th. Zacks Research cut Helen of Troy from a "strong-buy" rating to a "hold" rating in a report on Monday, July 6th. Canaccord Genuity Group boosted their price objective on Helen of Troy from $23.00 to $25.00 and gave the stock a "hold" rating in a research note on Thursday, July 9th. Wall Street Zen raised Helen of Troy from a "hold" rating to a "strong-buy" rating in a report on Sunday, July 12th. Finally, Weiss Ratings cut Helen of Troy from a "sell (d)" rating to a "sell (d-)" rating in a report on Tuesday, July 21st.

Helen of Troy Price Performance

Helen of Troy stock opened at $27.22 on Thursday. The stock has a market capitalization of $633.95 million, a P/E ratio of -1.51 and a beta of 1.31. The company's fifty day moving average price is $28.31 and its 200 day moving average price is $24.16. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.81 and a current ratio of 1.78. Helen of Troy has a 1 year low of $13.85 and a 1 year high of $30.68.

Helen of Troy (NASDAQ:HELE - Get Free Report) last posted its quarterly earnings data on Wednesday, July 8th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.15. Helen of Troy had a negative net margin of 22.70% and a positive return on equity of 6.46%. The business had revenue of $402.12 million for the quarter, compared to the consensus estimate of $374.55 million. During the same period last year, the firm posted $0.41 earnings per share. The company's revenue was up 8.2% compared to the same quarter last year. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. As a group, equities research analysts anticipate that Helen of Troy will post 2.84 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. WINTON GROUP Ltd purchased a new position in Helen of Troy in the 2nd quarter valued at $247,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Helen of Troy during the second quarter worth $61,000. IFP Advisors Inc grew its holdings in shares of Helen of Troy by 122.0% during the second quarter. IFP Advisors Inc now owns 1,230 shares of the company's stock worth $36,000 after buying an additional 676 shares in the last quarter. Allworth Financial LP raised its position in shares of Helen of Troy by 142.2% in the second quarter. Allworth Financial LP now owns 2,589 shares of the company's stock valued at $75,000 after buying an additional 1,520 shares during the last quarter. Finally, Hsbc Holdings PLC raised its position in shares of Helen of Troy by 116.7% in the second quarter. Hsbc Holdings PLC now owns 297,763 shares of the company's stock valued at $8,507,000 after buying an additional 160,374 shares during the last quarter.

Helen of Troy Company Profile

Helen of Troy Limited NASDAQ: HELE is a consumer products company that develops, manufactures, and markets branded products in the beauty, wellness, household, and outdoor categories. Its portfolio includes personal-care and beauty products, health and wellness devices, kitchen and household products, and hydration and outdoor recreation gear.

The company's well-known brands include OXO, Hydro Flask, Osprey, Drybar, Vicks, Braun, Hot Tools, Revlon, and Honeywell-branded products sold under license, among others.

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