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

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

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Canaccord Genuity Group lowered their target price 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. UBS Group cut their price objective on Helen of Troy from $68.00 to $38.00 and set a "neutral" rating on the stock in a research note on Thursday, April 17th. Finally, StockNews.com lowered shares of Helen of Troy from a "buy" rating to a "hold" rating in a research note on Friday, May 2nd.

Helen of Troy Stock Up 2.6 %

The business's 50-day moving average is $42.37 and its two-hundred day moving average is $56.34. The firm has a market capitalization of $576.33 million, a price-to-earnings ratio of 5.06, 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 results on Thursday, April 24th. The company reported $2.33 EPS for the quarter, missing the consensus estimate of $2.35 by ($0.02). The business had revenue of $485.89 million for the quarter, compared to the consensus estimate of $481.55 million. Helen of Troy had a return on equity of 9.13% and a net margin of 6.05%. The company's quarterly revenue was down .7% compared to the same quarter last year. During the same period last year, the firm earned $2.45 earnings per share. On average, equities analysts anticipate that Helen of Troy Limited will post 6.46 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in HELE. GAMMA Investing LLC increased its position in Helen of Troy by 96.0% in the 4th quarter. GAMMA Investing LLC now owns 484 shares of the company's stock valued at $29,000 after acquiring an additional 237 shares during the period. Canada Pension Plan Investment Board raised its stake in shares of Helen of Troy by 66.7% in the fourth 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 raised its position in Helen of Troy by 844.7% in the 4th quarter. Sterling Capital Management LLC now owns 718 shares of the company's stock valued at $43,000 after buying an additional 642 shares during the last quarter. FNY Investment Advisers LLC bought a new stake in Helen of Troy in the 4th quarter worth about $44,000. Finally, Quarry LP grew its holdings in shares of Helen of Troy by 917.5% in the fourth quarter. Quarry LP now owns 814 shares of the company's stock valued at $49,000 after acquiring an additional 734 shares in the last quarter.

Helen of Troy Company Profile

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.