Helen of Troy (NASDAQ:HELE) Price Target Cut to $100.00

Helen of Troy (NASDAQ:HELE - Get Free Report) had its target price dropped by investment analysts at UBS Group from $121.00 to $100.00 in a report released on Thursday, Benzinga reports. The firm presently has a "neutral" rating on the stock. UBS Group's target price suggests a potential upside of 10.07% from the company's current price.

Other research analysts have also recently issued reports about the stock. DA Davidson cut their price target on shares of Helen of Troy from $151.00 to $139.00 and set a "buy" rating on the stock in a report on Thursday. StockNews.com raised Helen of Troy from a "hold" rating to a "buy" rating in a research report on Tuesday, January 9th.

Helen of Troy Stock Up 0.2 %

Shares of NASDAQ HELE traded up $0.14 during midday trading on Thursday, hitting $90.85. 575,385 shares of the stock traded hands, compared to its average volume of 247,265. The company has a market cap of $2.16 billion, a PE ratio of 13.42, a P/E/G ratio of 1.49 and a beta of 0.80. The business has a 50 day moving average price of $113.22 and a two-hundred day moving average price of $112.29. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.98 and a current ratio of 1.76. Helen of Troy has a one year low of $81.14 and a one year high of $143.68.

Helen of Troy (NASDAQ:HELE - Get Free Report) last posted its earnings results on Wednesday, April 24th. The company reported $2.11 earnings per share for the quarter, topping analysts' consensus estimates of $2.00 by $0.11. The company had revenue of $489.20 million for the quarter, compared to analyst estimates of $477.88 million. Helen of Troy had a net margin of 8.10% and a return on equity of 12.14%. On average, equities analysts predict that Helen of Troy will post 7.57 EPS for the current year.

Hedge Funds Weigh In On Helen of Troy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Strs Ohio purchased a new stake in shares of Helen of Troy during the 3rd quarter valued at approximately $93,000. Advisor Partners II LLC bought a new position in shares of Helen of Troy in the third quarter worth $202,000. ARGA Investment Management LP purchased a new position in shares of Helen of Troy in the first quarter valued at $218,000. AlphaMark Advisors LLC purchased a new position in shares of Helen of Troy in the third quarter valued at $219,000. Finally, SG Americas Securities LLC raised its stake in shares of Helen of Troy by 101.5% during the 3rd quarter. SG Americas Securities LLC now owns 2,114 shares of the company's stock valued at $246,000 after purchasing an additional 1,065 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 preparation tools and gadgets, storage containers, and organization products; coffee makers, grinders, manual pour overs, and tea kettles; household cleaning products, shower organization, and bathroom accessories; feeding and drinking products, child seating, cleaning tools, and nursery accessories; insulated hydration bottles, hydration packs, drinkware, mugs, food containers, lunch containers, insulated totes, soft coolers, and accessories; and technical and outdoor sports packs, travel packs and accessories, luggage, daypacks, and everyday packs.