Helen of Troy (NASDAQ:HELE) Reaches New 1-Year High - What's Next?

Key Points

• Helen of Troy shares hit a new 52-week high, reaching $38.86 intraday and trading about 3.6% above the prior close.
• The company reported quarterly EPS of $0.79, beating the $0.50 consensus estimate, while revenue of $440.93 million slightly missed forecasts; revenue rose 2.1% year over year.
• Analysts’ average rating is “Moderate Buy,” but their consensus price target of $27.50 is below the stock’s recent trading price. Ratings range from Strong Buy to Sell.

Helen of Troy Limited (NASDAQ:HELE - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Tuesday. The stock traded as high as $38.86 and last traded at $38.5820, with a volume of 180,774 shares. The stock had previously closed at $37.34.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. UBS Group increased their price objective on Helen of Troy from $28.00 to $29.00 and gave the company a "neutral" rating in a report on Friday, October 9th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Helen of Troy in a report on Monday, October 19th. Canaccord Genuity Group upped their price target on Helen of Troy from $25.00 to $26.00 and gave the company a "hold" rating in a report on Tuesday, October 6th. Finally, Zacks Research upgraded shares of Helen of Troy from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, October 13th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Helen of Troy currently has an average rating of "Moderate Buy" and a consensus target price of $27.50.

Helen of Troy Stock Up 3.6%

The company has a debt-to-equity ratio of 0.76, a current ratio of 1.65 and a quick ratio of 0.75. The company has a market cap of $905.10 million, a price-to-earnings ratio of -8.89 and a beta of 1.35. The firm's 50 day simple moving average is $28.86 and its 200-day simple moving average is $24.31.

Helen of Troy (NASDAQ:HELE - Get Free Report) last posted its earnings results on Thursday, October 8th. The company reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.50 by $0.29. Helen of Troy had a positive return on equity of 7.73% and a negative net margin of 5.43%. The business had revenue of $440.93 million for the quarter, compared to analysts' expectations of $442.33 million. During the same quarter in the previous year, the firm earned $0.59 earnings per share. The business's revenue was up 2.1% compared to the same quarter last year. Helen of Troy has set its FY 2027 guidance at 3.600-4.150 EPS. As a group, sell-side analysts anticipate that Helen of Troy Limited will post 3.09 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. IFP Advisors Inc increased its position in Helen of Troy by 122.0% during the second quarter. IFP Advisors Inc now owns 1,230 shares of the company's stock worth $36,000 after buying an additional 676 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in shares of Helen of Troy in the second quarter worth $29,000. Versant Capital Management Inc raised its holdings in shares of Helen of Troy by 54.5% in the second quarter. Versant Capital Management Inc now owns 3,618 shares of the company's stock worth $105,000 after acquiring an additional 1,277 shares during the last quarter. Allworth Financial LP lifted its position in shares of Helen of Troy by 142.2% in the second quarter. Allworth Financial LP now owns 2,589 shares of the company's stock valued at $75,000 after acquiring an additional 1,520 shares in the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of Helen of Troy in the second quarter valued at $61,000.

About Helen of Troy

Helen of Troy Limited is a consumer products company that develops, markets and distributes a portfolio of beauty, wellness, household and outdoor brands. Its products are sold through mass retailers, specialty stores, e-commerce channels and other distribution partners in North America and international markets. The company's brand portfolio includes OXO, known for kitchen, cleaning and organization products; Hydro Flask and Osprey, which offer hydration, travel and outdoor equipment; and beauty brands such as Hot Tools, Drybar and Curlsmith.

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