Weiss Ratings Reaffirms "Sell (D-)" Rating for Helen of Troy (NASDAQ:HELE)

Key Points

• Weiss Ratings has reaffirmed a "Sell (D-)" rating for Helen of Troy (NASDAQ:HELE), indicating ongoing concerns about the company's performance.
• Multiple analysts have downgraded the stock, with Canaccord Genuity lowering its price target from $26.00 to $23.00, reflecting a shift in market sentiment.
• Helen of Troy reported a quarterly earnings per share of $0.59, which surpassed analyst expectations, although revenue was down 8.9% year-over-year despite being above forecasts.

Helen of Troy (NASDAQ:HELE - Get Free Report)'s stock had its "sell (d-)" rating reaffirmed by analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

A number of other research analysts have also recently commented on the company. Canaccord Genuity Group decreased their price target on Helen of Troy from $26.00 to $23.00 and set a "hold" rating on the stock in a research note on Friday, October 10th. Zacks Research cut Helen of Troy from a "hold" rating to a "strong sell" rating in a research note on Tuesday, October 14th. Finally, UBS Group decreased their price target on Helen of Troy from $27.00 to $25.00 and set a "neutral" rating on the stock in a research note on Friday, October 10th. Three investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Reduce" and a consensus target price of $42.00.

Helen of Troy Trading Up 1.4%

HELE traded up $0.27 during trading hours on Wednesday, reaching $19.63. The company's stock had a trading volume of 244,361 shares, compared to its average volume of 748,581. Helen of Troy has a fifty-two week low of $18.90 and a fifty-two week high of $75.68. The stock has a market cap of $452.17 million, a PE ratio of -0.69 and a beta of 0.84. The business's 50-day moving average is $23.62 and its 200-day moving average is $26.48. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.71 and a quick ratio of 0.74.

Helen of Troy (NASDAQ:HELE - Get Free Report) last released its quarterly earnings data on Thursday, October 9th. The company reported $0.59 EPS for the quarter, beating analysts' consensus estimates of $0.54 by $0.05. Helen of Troy had a positive return on equity of 8.72% and a negative net margin of 36.20%.The firm had revenue of $431.78 million for the quarter, compared to analysts' expectations of $416.77 million. During the same period in the prior year, the firm posted $1.21 earnings per share. The firm's quarterly revenue was down 8.9% on a year-over-year basis. Helen of Troy has set its FY 2026 guidance at 3.750-4.25 EPS. Q3 2026 guidance at 1.550-1.800 EPS. As a group, equities research analysts predict that Helen of Troy will post 6.46 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Helen of Troy

Large investors have recently bought and sold shares of the business. IMA Advisory Services Inc. purchased a new position in Helen of Troy in the first quarter valued at $52,000. Signaturefd LLC increased its holdings in Helen of Troy by 71.1% in the second quarter. Signaturefd LLC now owns 1,429 shares of the company's stock valued at $41,000 after buying an additional 594 shares during the last quarter. Parallel Advisors LLC boosted its stake in Helen of Troy by 2,820.0% in the second quarter. Parallel Advisors LLC now owns 1,752 shares of the company's stock valued at $50,000 after acquiring an additional 1,692 shares in the last quarter. State of Wyoming boosted its stake in Helen of Troy by 137.8% in the first quarter. State of Wyoming now owns 1,936 shares of the company's stock valued at $104,000 after acquiring an additional 1,122 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in Helen of Troy by 216.1% in the second quarter. Tower Research Capital LLC TRC now owns 1,998 shares of the company's stock valued at $57,000 after acquiring an additional 1,366 shares in the last quarter.

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 storage containers, kitchen utensils for cooking and preparing salads, fruits, vegetables and meats, graters, slicers and choppers, baking essentials, kitchen organization, bath, cleaning, infant and toddler products, and coffee preparation tools and electronics; and insulated beverageware, including bottles, travel tumblers, drinkware, mugs, food and lunch containers, insulated totes, soft coolers, outdoor kitchenware, and accessories.

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