Helen of Troy (NASDAQ:HELE) Shares Down 4% - Should You Sell?

Key Points

• Helen of Troy shares fell 4% to approximately $28.24 in light midday trading, with volume down 97% from the average session.
• Analyst sentiment remains mixed but leans positive: two analysts rate the stock Strong Buy, two rate it Hold, and one rates it Sell. The consensus rating is Moderate Buy, with an average price target of $27.50.
• The company exceeded quarterly earnings expectations, reporting $0.79 in EPS versus the $0.50 consensus estimate, while revenue rose 2.1% year over year to $440.93 million, slightly below expectations.

Shares of Helen of Troy Limited (NASDAQ:HELE - Get Free Report) were down 4% during trading on Wednesday. The company traded as low as $28.49 and last traded at $28.2380. 20,543 shares were traded during mid-day trading, a decline of 97% from the average session volume of 602,444 shares. The stock had previously closed at $29.42.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Wall Street Zen raised shares of Helen of Troy from a "hold" rating to a "strong-buy" rating in a report on Sunday, July 12th. UBS Group raised their target price on shares of Helen of Troy from $28.00 to $29.00 and gave the stock a "neutral" rating in a research report on Friday, October 9th. Zacks Research upgraded Helen of Troy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, October 13th. Canaccord Genuity Group boosted their price objective on shares of Helen of Troy from $25.00 to $26.00 and gave the stock a "hold" rating in a research note on Tuesday, October 6th. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of Helen of Troy in a report on Monday. Two analysts have rated the stock with a Strong Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Helen of Troy currently has a consensus rating of "Moderate Buy" and an average price target of $27.50.

Helen of Troy Trading Down 1.6%

The stock has a market capitalization of $677.17 million, a PE ratio of -6.64 and a beta of 1.34. The company has a current ratio of 1.65, a quick ratio of 0.75 and a debt-to-equity ratio of 0.76. The stock has a 50 day moving average price of $28.14 and a 200-day moving average price of $26.21.

Helen of Troy (NASDAQ:HELE - Get Free Report) last issued its quarterly earnings data on Thursday, October 8th. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.29. The firm had revenue of $440.93 million for the quarter, compared to analysts' expectations of $442.33 million. Helen of Troy had a negative net margin of 5.43% and a positive return on equity of 7.73%. The business's quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.59 EPS. Helen of Troy has set its FY 2027 guidance at 3.600-4.150 EPS. Sell-side analysts expect that Helen of Troy Limited will post 2.96 earnings per share for the current year.

Institutional Investors Weigh In On Helen of Troy

Hedge funds and other institutional investors have recently modified their holdings of the stock. WINTON GROUP Ltd bought a new stake in Helen of Troy during the 2nd quarter worth approximately $247,000. Integrated Wealth Concepts LLC purchased a new position in Helen of Troy during the second quarter valued at approximately $61,000. IFP Advisors Inc lifted its holdings in Helen of Troy by 122.0% during the second quarter. IFP Advisors Inc now owns 1,230 shares of the company's stock valued at $36,000 after purchasing an additional 676 shares in the last quarter. Allworth Financial LP boosted 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 worth $75,000 after purchasing an additional 1,520 shares during the period. Finally, Hsbc Holdings PLC boosted its position in shares of Helen of Troy by 116.7% in the second quarter. Hsbc Holdings PLC now owns 297,763 shares of the company's stock worth $8,507,000 after purchasing an additional 160,374 shares during the period.

About Helen of Troy

Helen of Troy Limited is a global consumer products company that develops, markets and distributes branded products across the home and outdoor, beauty, and health and wellness categories. Its portfolio includes household and organization products, drinkware and outdoor equipment, personal-care appliances, hair-care products, and consumer health products.

The company's principal brands include OXO, Hydro Flask, Osprey, Drybar and Hot Tools. Helen of Troy also markets certain health and wellness products under licensed brands, including Vicks, Braun and Honeywell, as well as beauty products under selected licensed and owned brands.

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