Helen of Troy (NASDAQ:HELE) Upgraded by Wall Street Zen to Buy Rating

Key Points

• Helen of Troy was upgraded by Wall Street Zen from a "hold" to a "buy", though the consensus among analysts remains a Hold with an average price target of $24.00.
• HELE beat quarterly EPS and revenue estimates—$0.83 EPS vs. $0.74 expected and $470.03M revenue—and set FY2027 guidance of $3.25–$3.75 EPS, despite reporting a negative net margin of 50.33%.
• Shares traded around $23.93 (52‑week range $13.85–$33.76) as several institutional investors, including Millennium and Wellington, materially increased their holdings.

Helen of Troy (NASDAQ:HELE - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Saturday.

HELE has been the subject of a number of other research reports. Zacks Research upgraded Helen of Troy from a "strong sell" rating to a "hold" rating in a research report on Monday, March 23rd. Weiss Ratings reiterated a "sell (d-)" rating on shares of Helen of Troy in a research report on Friday, March 27th. UBS Group increased their price objective on Helen of Troy from $16.00 to $25.00 and gave the company a "neutral" rating in a research report on Friday, April 24th. Finally, Canaccord Genuity Group increased their price objective on Helen of Troy from $18.00 to $23.00 and gave the company a "hold" rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $24.00.

Helen of Troy Stock Performance

Shares of NASDAQ HELE opened at $23.93 on Friday. The stock has a fifty day moving average price of $17.31 and a two-hundred day moving average price of $18.64. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.81 and a current ratio of 1.71. The firm has a market cap of $556.61 million, a P/E ratio of -0.61 and a beta of 1.29. Helen of Troy has a 1 year low of $13.85 and a 1 year high of $33.76.

Helen of Troy (NASDAQ:HELE - Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The company reported $0.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.74 by $0.09. The firm had revenue of $470.03 million during the quarter, compared to analyst estimates of $450.38 million. Helen of Troy had a positive return on equity of 7.00% and a negative net margin of 50.33%.The firm's quarterly revenue was down 3.3% on a year-over-year basis. During the same period last year, the company posted $2.33 EPS. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. Research analysts forecast that Helen of Troy will post 2.78 EPS for the current fiscal year.

Institutional Trading of Helen of Troy

A number of hedge funds have recently modified their holdings of the business. Millennium Management LLC lifted its holdings in shares of Helen of Troy by 164.9% in the fourth quarter. Millennium Management LLC now owns 1,049,381 shares of the company's stock valued at $22,299,000 after purchasing an additional 653,300 shares in the last quarter. Pzena Investment Management LLC increased its stake in shares of Helen of Troy by 2.6% in the third quarter. Pzena Investment Management LLC now owns 1,010,756 shares of the company's stock worth $25,471,000 after acquiring an additional 25,425 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Helen of Troy by 24.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 881,344 shares of the company's stock worth $18,729,000 after acquiring an additional 175,696 shares during the last quarter. Wellington Management Group LLP increased its stake in shares of Helen of Troy by 159.2% in the third quarter. Wellington Management Group LLP now owns 747,220 shares of the company's stock worth $18,830,000 after acquiring an additional 458,979 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of Helen of Troy by 46.4% in the third quarter. Ameriprise Financial Inc. now owns 658,928 shares of the company's stock worth $16,605,000 after acquiring an additional 208,850 shares during the last quarter.

About Helen of Troy

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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