Helen of Troy Limited (NASDAQ:HELE - Get Free Report)'s stock price gapped up prior to trading on Monday . The stock had previously closed at $27.28, but opened at $30.05. Helen of Troy shares last traded at $33.05, with a volume of 381,467 shares traded.
Wall Street Analysts Forecast Growth
HELE has been the subject of a number of recent research reports. StockNews.com downgraded Helen of Troy from a "buy" rating to a "hold" rating in a research report on Friday, May 2nd. UBS Group dropped their target price 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. Finally, Canaccord Genuity Group lowered their price objective 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 Stock Up 2.5%
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 50-day simple moving average of $38.87 and a two-hundred day simple moving average of $54.64. The stock has a market cap of $699.53 million, a P/E ratio of 6.15, a P/E/G ratio of 1.80 and a beta of 0.91.
Helen of Troy (NASDAQ:HELE - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The company reported $2.33 earnings per share for the quarter, missing the consensus estimate of $2.35 by ($0.02). Helen of Troy had a net margin of 6.05% and a return on equity of 9.13%. The company had revenue of $485.89 million during the quarter, compared to the consensus estimate of $481.55 million. During the same quarter in the previous year, the firm posted $2.45 EPS. The business's revenue for the quarter was down .7% compared to the same quarter last year. On average, equities analysts forecast that Helen of Troy Limited will post 6.46 EPS for the current year.
Hedge Funds Weigh In On Helen of Troy
Hedge funds and other institutional investors have recently made changes to their positions in the business. First Trust Advisors LP raised its holdings in shares of Helen of Troy by 111.3% during the fourth quarter. First Trust Advisors LP now owns 69,856 shares of the company's stock valued at $4,179,000 after acquiring an additional 36,795 shares in the last quarter. Swiss National Bank raised its holdings in shares of Helen of Troy by 0.9% during the fourth quarter. Swiss National Bank now owns 45,000 shares of the company's stock valued at $2,692,000 after acquiring an additional 400 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of Helen of Troy by 5.2% during the fourth quarter. Principal Financial Group Inc. now owns 131,305 shares of the company's stock valued at $7,856,000 after acquiring an additional 6,471 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Helen of Troy by 446.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 646,746 shares of the company's stock valued at $38,695,000 after acquiring an additional 528,305 shares in the last quarter. Finally, KBC Group NV raised its holdings in shares of Helen of Troy by 73.1% during the fourth quarter. KBC Group NV now owns 1,352 shares of the company's stock valued at $81,000 after acquiring an additional 571 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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