Helen of Troy (NASDAQ:HELE) Reaches New 1-Year Low - Should You Sell?

Helen of Troy Limited (NASDAQ:HELE - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $25.32 and last traded at $25.91, with a volume of 218199 shares. The stock had previously closed at $28.21.

Analyst Ratings Changes

HELE has been the subject of a number of recent analyst reports. StockNews.com downgraded shares of Helen of Troy from a "buy" rating to a "hold" rating in a research report on Friday, May 2nd. Canaccord Genuity Group decreased their price target on Helen of Troy from $92.00 to $70.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. Finally, UBS Group cut their price objective on Helen of Troy from $68.00 to $38.00 and set a "neutral" rating for the company in a research report on Thursday, April 17th.

Helen of Troy Stock Performance

The stock's 50-day moving average price is $41.31 and its 200-day moving average price is $55.81. The company has a market capitalization of $625.66 million, a price-to-earnings ratio of 5.50, a P/E/G ratio of 1.80 and a beta of 0.91. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.05 and a current ratio of 1.92.

Helen of Troy (NASDAQ:HELE - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The company reported $2.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.35 by ($0.02). The firm had revenue of $485.89 million for the quarter, compared to analyst estimates of $481.55 million. Helen of Troy had a return on equity of 9.13% and a net margin of 6.05%. The business's revenue for the quarter was down .7% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.45 earnings per share. As a group, equities research analysts expect that Helen of Troy Limited will post 6.46 earnings per share for the current year.

Institutional Investors Weigh In On Helen of Troy

Large investors have recently bought and sold shares of the stock. GAMMA Investing LLC lifted its position in shares of Helen of Troy by 96.0% in the fourth quarter. GAMMA Investing LLC now owns 484 shares of the company's stock valued at $29,000 after acquiring an additional 237 shares in the last quarter. Canada Pension Plan Investment Board boosted its stake in shares of Helen of Troy by 66.7% during the 4th quarter. Canada Pension Plan Investment Board now owns 500 shares of the company's stock worth $30,000 after purchasing an additional 200 shares during the last quarter. Sterling Capital Management LLC grew its holdings in shares of Helen of Troy by 844.7% during the fourth quarter. Sterling Capital Management LLC now owns 718 shares of the company's stock worth $43,000 after buying an additional 642 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in shares of Helen of Troy in the fourth quarter valued at approximately $44,000. Finally, Quarry LP lifted its stake in shares of Helen of Troy by 917.5% during the fourth quarter. Quarry LP now owns 814 shares of the company's stock valued at $49,000 after buying an additional 734 shares during the period.

About Helen of Troy

Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates in two segments: Home & Outdoor and Beauty & Wellness. The Home & Outdoor segment offers food storage containers, kitchen utensils for cooking and preparing salads, fruits, vegetables and meats, graters, slicers and choppers, baking essentials, kitchen organization, bath, cleaning, infant and toddler products, and coffee preparation tools and electronics; and insulated beverageware, including bottles, travel tumblers, drinkware, mugs, food and lunch containers, insulated totes, soft coolers, outdoor kitchenware, and accessories.