Helen of Troy (NASDAQ:HELE) Stock Rating Upgraded by StockNews.com

Helen of Troy (NASDAQ:HELE) was upgraded by stock analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday.

Several other research analysts have also issued reports on HELE. DA Davidson boosted their target price on Helen of Troy from $71.00 to $78.00 and gave the company a “neutral” rating in a research report on Monday, November 25th. UBS Group dropped their target price on Helen of Troy from $79.00 to $69.00 and set a “neutral” rating for the company in a research report on Tuesday, January 7th.

Helen of Troy Trading Down 0.6 %

Shares of HELE stock opened at $57.00 on Wednesday. Helen of Troy has a 12-month low of $48.05 and a 12-month high of $127.83. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45. The stock’s 50-day moving average price is $63.35 and its 200-day moving average price is $61.87. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 11.49, a price-to-earnings-growth ratio of 1.79 and a beta of 0.91.

Helen of Troy (NASDAQ:HELE) last issued its earnings results on Wednesday, January 8th. The company reported $2.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.60 by $0.07. Helen of Troy had a return on equity of 9.13% and a net margin of 6.05%. The firm had revenue of $530.70 million for the quarter, compared to analysts’ expectations of $532.91 million. During the same period in the previous year, the firm posted $2.79 earnings per share. The business’s revenue was down 3.4% compared to the same quarter last year. Equities research analysts predict that Helen of Troy will post 6.46 EPS for the current fiscal year.

Hedge Funds Weigh In On Helen of Troy

Several hedge funds have recently made changes to their positions in HELE. GAMMA Investing LLC grew its position in Helen of Troy by 96.0% during the 4th quarter. GAMMA Investing LLC now owns 484 shares of the company’s stock worth $29,000 after purchasing an additional 237 shares during the period. FNY Investment Advisers LLC acquired a new stake in Helen of Troy during the 4th quarter worth about $44,000. Public Employees Retirement System of Ohio grew its position in Helen of Troy by 30.3% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 783 shares of the company’s stock worth $48,000 after purchasing an additional 182 shares during the period. Signaturefd LLC acquired a new stake in Helen of Troy during the 3rd quarter worth about $61,000. Finally, KBC Group NV grew its position in Helen of Troy by 73.1% during the 4th quarter. KBC Group NV now owns 1,352 shares of the company’s stock worth $81,000 after purchasing an additional 571 shares during the period.

Helen of Troy Company Profile

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.