Helen of Troy (NASDAQ:HELE) Trading Up 5.1% - Here's What Happened

Key Points

• Helen of Troy shares rose 5.1% to $30.09, with roughly 489,091 shares traded—22% below the stock’s average daily volume.
• Analyst sentiment remains mixed, resulting in a consensus “Hold” rating and an average price target of $26.50, below the latest trading price.
• The company exceeded quarterly expectations, reporting $0.17 in adjusted EPS versus estimates of $0.02 and revenue of $402.12 million, up 8.2% year over year.

Helen of Troy Limited (NASDAQ:HELE - Get Free Report)'s share price traded up 5.1% on Monday . The company traded as high as $30.09 and last traded at $30.09. Approximately 489,091 shares traded hands during trading, a decline of 22% from the average daily volume of 626,178 shares. The stock had previously closed at $28.62.

Analysts Set New Price Targets

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

Helen of Troy Stock Performance

The company has a 50-day simple moving average of $28.27 and a two-hundred day simple moving average of $23.23. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.81 and a current ratio of 1.78. The firm has a market capitalization of $706.15 million, a P/E ratio of -1.69 and a beta of 1.31.

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

Hedge Funds Weigh In On Helen of Troy

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Helen of Troy by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,533 shares of the company's stock valued at $724,000 after purchasing an additional 563 shares in the last quarter. Meeder Asset Management Inc. bought a new position in shares of Helen of Troy in the second quarter worth approximately $29,000. iSAM Funds UK Ltd bought a new position in shares of Helen of Troy in the third quarter worth approximately $27,000. Allworth Financial LP grew its holdings in shares of Helen of Troy by 922.7% during the fourth quarter. Allworth Financial LP now owns 1,350 shares of the company's stock valued at $29,000 after buying an additional 1,218 shares during the last quarter. Finally, Larson Financial Group LLC grew its holdings in shares of Helen of Troy by 1,323.2% during the third quarter. Larson Financial Group LLC now owns 1,352 shares of the company's stock valued at $34,000 after buying an additional 1,257 shares during the last quarter.

Helen of Troy Company Profile

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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