Helen of Troy Limited (NASDAQ:HELE) Given Average Recommendation of "Hold" by Brokerages

Key Points

• Helen of Troy has a consensus “Hold” rating from five analysts: one Sell, three Holds and one Strong Buy. The average 12-month price target is $26.50, below the stock’s recent opening price of $29.06.
• The company exceeded quarterly expectations, reporting earnings of $0.17 per share versus a $0.02 consensus estimate and revenue of $402.12 million versus $374.55 million expected. Revenue rose 8.2% year over year, although net margin remained negative.
• Institutional interest increased, with investors including Millennium Management, UBS Asset Management and Royal Bank of Canada expanding or initiating positions in Helen of Troy during the first and second quarters.

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

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

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada grew its stake in shares of Helen of Troy by 60.2% during the 1st quarter. Royal Bank of Canada now owns 7,102 shares of the company's stock valued at $380,000 after acquiring an additional 2,670 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Helen of Troy by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,533 shares of the company's stock worth $724,000 after acquiring an additional 563 shares during the last quarter. Millennium Management LLC bought a new stake in Helen of Troy in the first quarter worth $14,013,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Helen of Troy by 16.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 74,309 shares of the company's stock worth $3,975,000 after buying an additional 10,397 shares during the last quarter. Finally, American Century Companies Inc. increased its position in shares of Helen of Troy by 4.6% during the 2nd quarter. American Century Companies Inc. now owns 57,265 shares of the company's stock valued at $1,625,000 after purchasing an additional 2,503 shares during the last quarter.

Helen of Troy Stock Performance

Shares of HELE opened at $29.06 on Friday. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.78 and a quick ratio of 0.81. Helen of Troy has a one year low of $13.85 and a one year high of $30.68. The firm has a market capitalization of $676.81 million, a P/E ratio of -1.62 and a beta of 1.31. The business has a fifty day moving average of $28.12 and a 200 day moving average of $22.83.

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

Helen of Troy Company Profile

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.

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