Shares of Helen of Troy Limited (NASDAQ:HELE - Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $27.62 and last traded at $27.94, with a volume of 71763 shares. The stock had previously closed at $28.69.
Analysts Set New Price Targets
Several research analysts recently issued reports on HELE shares. StockNews.com lowered Helen of Troy from a "buy" rating to a "hold" rating in a research report on Friday, April 18th. UBS Group lowered their price objective on shares of Helen of Troy from $68.00 to $38.00 and set a "neutral" rating for the company in a research note on Thursday, April 17th. Finally, Canaccord Genuity Group lowered their price target on Helen of Troy from $92.00 to $70.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd.
Read Our Latest Research Report on Helen of Troy
Helen of Troy Trading Down 2.1 %
The company has a quick ratio of 1.05, a current ratio of 1.92 and a debt-to-equity ratio of 0.45. The company has a market cap of $642.00 million, a price-to-earnings ratio of 5.66, a price-to-earnings-growth ratio of 1.80 and a beta of 0.89. The company's 50-day moving average is $46.71 and its 200 day moving average is $58.19.
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). Helen of Troy had a return on equity of 9.13% and a net margin of 6.05%. The firm had revenue of $485.89 million for the quarter, compared to analysts' expectations of $481.55 million. During the same quarter in the previous year, the firm posted $2.45 earnings per share. The firm's revenue for the quarter was down .7% compared to the same quarter last year. Research analysts predict that Helen of Troy Limited will post 6.46 EPS for the current year.
Hedge Funds Weigh In On Helen of Troy
Institutional investors and hedge funds have recently modified their holdings of the company. GAMMA Investing LLC raised 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 purchasing an additional 237 shares during the last quarter. Canada Pension Plan Investment Board lifted its holdings in shares of Helen of Troy by 66.7% during 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 period. Sterling Capital Management LLC increased its stake 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 period. FNY Investment Advisers LLC purchased a new position in Helen of Troy during the fourth quarter worth about $44,000. Finally, Quarry LP raised its stake in shares of Helen of Troy by 917.5% during the 4th quarter. Quarry LP now owns 814 shares of the company's stock worth $49,000 after buying an additional 734 shares in the last quarter.
About Helen of Troy
(
Get Free Report)
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.
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