Helen of Troy (HELE) Rating Increased to Hold at BidaskClub

Helen of Troy (NASDAQ:HELE) was upgraded by stock analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued on Friday.

Several other brokerages also recently issued reports on HELE. Zacks Investment Research upgraded Helen of Troy from a “hold” rating to a “buy” rating and set a $108.00 price objective on the stock in a research report on Tuesday, January 23rd. ValuEngine upgraded Helen of Troy from a “hold” rating to a “buy” rating in a research report on Wednesday, January 10th. TheStreet downgraded Helen of Troy from a “b” rating to a “c” rating in a research report on Monday, January 8th. Finally, DA Davidson began coverage on Helen of Troy in a research report on Wednesday. They issued a “buy” rating and a $100.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. Helen of Troy currently has a consensus rating of “Hold” and a consensus price target of $101.40.

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Shares of NASDAQ:HELE opened at $87.00 on Friday. The company has a current ratio of 1.73, a quick ratio of 0.94 and a debt-to-equity ratio of 0.41. Helen of Troy has a 52-week low of $81.10 and a 52-week high of $102.88. The firm has a market capitalization of $2,346.22, a PE ratio of 13.90, a P/E/G ratio of 5.41 and a beta of 0.81.

Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings data on Monday, January 8th. The company reported $2.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.07 by $0.45. Helen of Troy had a return on equity of 18.37% and a net margin of 1.28%. The business had revenue of $453.00 million for the quarter, compared to the consensus estimate of $452.81 million. During the same period in the prior year, the business earned $2.37 earnings per share. The business’s revenue was up 1.9% on a year-over-year basis. equities analysts anticipate that Helen of Troy will post 6.52 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Meadow Creek Investment Management LLC lifted its position in Helen of Troy by 25.2% during the fourth quarter. Meadow Creek Investment Management LLC now owns 2,838 shares of the company’s stock worth $273,000 after buying an additional 572 shares during the period. ING Groep NV lifted its position in Helen of Troy by 23.4% during the fourth quarter. ING Groep NV now owns 4,114 shares of the company’s stock worth $396,000 after buying an additional 780 shares during the period. New York State Common Retirement Fund lifted its position in Helen of Troy by 2.2% during the third quarter. New York State Common Retirement Fund now owns 36,510 shares of the company’s stock worth $3,538,000 after buying an additional 800 shares during the period. James Investment Research Inc. lifted its position in Helen of Troy by 2.7% during the fourth quarter. James Investment Research Inc. now owns 36,025 shares of the company’s stock worth $3,471,000 after buying an additional 940 shares during the period. Finally, Eagle Asset Management Inc. lifted its position in Helen of Troy by 1.3% during the fourth quarter. Eagle Asset Management Inc. now owns 76,324 shares of the company’s stock worth $7,248,000 after buying an additional 945 shares during the period. Hedge funds and other institutional investors own 94.80% of the company’s stock.

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About Helen of Troy

Helen Of Troy Limited is a global consumer products company that offers a range of solutions for its customers through a range of brands. The Company is a global designer, developer, importer, marketer and distributor of a portfolio of brand-name consumer products. The Company has three segments. The Housewares segment provides a range of consumer products for the home.

Analyst Recommendations for Helen of Troy (NASDAQ:HELE)

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