Helen of Troy (NASDAQ:HELE) Stock Price Down 5.8% - Time to Sell?

Key Points

• Helen of Troy shares fell 5.8% to about $25.18, with trading volume 66% below the average session level. The stock is near its 200-day moving average of $25.13 but below its 50-day average of $28.42.
• Analyst sentiment remains mixed but centers on a “Hold” consensus, with one Strong Buy, three Holds and one Sell; the average price target is $26.50.
• The company beat quarterly expectations with EPS of $0.17 versus $0.02 expected and revenue of $402.12 million, up 8.2% year over year. However, it reported a negative net margin of 22.70%, while several institutional investors increased their positions.

Helen of Troy Limited (NASDAQ:HELE - Get Free Report) traded down 5.8% during trading on Monday. The company traded as low as $25.37 and last traded at $25.1820. 205,355 shares changed hands during trading, a decline of 66% from the average session volume of 597,432 shares. The stock had previously closed at $26.74.

Analyst Upgrades and Downgrades

Several analysts have issued reports on HELE shares. UBS Group lifted their price target on Helen of Troy from $25.00 to $28.00 and gave the company a "neutral" rating in a research note on Thursday, July 9th. Canaccord Genuity Group upped their price objective on Helen of Troy from $23.00 to $25.00 and gave the stock a "hold" rating in a research report on Thursday, July 9th. Weiss Ratings lowered Helen of Troy from a "sell (d)" rating to a "sell (d-)" rating in a research report on Tuesday, July 21st. Zacks Research cut Helen of Troy from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 6th. Finally, Wall Street Zen raised Helen of Troy from a "hold" rating to a "strong-buy" rating in a research report on Sunday, July 12th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $26.50.

Helen of Troy Trading Down 5.0%

The company has a debt-to-equity ratio of 0.82, a current ratio of 1.78 and a quick ratio of 0.81. The business has a 50-day moving average of $28.42 and a 200-day moving average of $25.13. The firm has a market cap of $591.73 million, a price-to-earnings ratio of -1.42 and a beta of 1.34.

Helen of Troy (NASDAQ:HELE - Get Free Report) last issued its quarterly earnings results on Wednesday, July 8th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.02 by $0.15. The firm had revenue of $402.12 million during the quarter, compared to analysts' expectations of $374.55 million. Helen of Troy had a positive return on equity of 6.46% and a negative net margin of 22.70%.The business's quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.41 earnings per share. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. Research analysts anticipate that Helen of Troy Limited will post 2.84 EPS for the current year.

Institutional Trading of Helen of Troy

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Helen of Troy during the 2nd quarter worth about $54,740,000. RWWM Inc. raised its holdings in Helen of Troy by 85.7% in the 1st quarter. RWWM Inc. now owns 1,173,829 shares of the company's stock valued at $16,927,000 after acquiring an additional 541,689 shares during the period. Bank of America Corp DE bought a new stake in Helen of Troy in the 2nd quarter valued at $27,749,000. Paradigm Capital Management Inc. NY raised its stake in Helen of Troy by 64.3% in the first quarter. Paradigm Capital Management Inc. NY now owns 927,100 shares of the company's stock valued at $13,369,000 after purchasing an additional 362,900 shares in the last quarter. Finally, Wellington Management Group LLP grew its position in Helen of Troy by 12.8% in the second quarter. Wellington Management Group LLP now owns 824,238 shares of the company's stock valued at $23,961,000 after acquiring an additional 93,350 shares during the last quarter.

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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