Helen of Troy (NASDAQ:HELE) Upgraded at StockNews.com

StockNews.com upgraded shares of Helen of Troy (NASDAQ:HELE) from a hold rating to a buy rating in a research note published on Monday.

Other equities research analysts also recently issued reports about the company. UBS Group cut their price target on Helen of Troy from $79.00 to $69.00 and set a “neutral” rating for the company in a research note on Tuesday, January 7th. DA Davidson boosted their price target on Helen of Troy from $71.00 to $78.00 and gave the company a “neutral” rating in a research note on Monday, November 25th. Finally, Canaccord Genuity Group reiterated a “buy” rating and set a $84.00 price objective on shares of Helen of Troy in a research note on Monday, October 7th.

Helen of Troy Price Performance

NASDAQ HELE opened at $58.99 on Monday. Helen of Troy has a one year low of $48.05 and a one year high of $127.83. The stock has a 50-day moving average of $65.14 and a 200 day moving average of $61.83. The company has a market capitalization of $1.35 billion, a price-to-earnings ratio of 11.89, a PEG ratio of 1.91 and a beta of 0.90. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.05 and a current ratio of 1.92.

Helen of Troy (NASDAQ:HELE) last released its quarterly earnings data on Wednesday, January 8th. The company reported $2.67 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 company had revenue of $530.70 million during the quarter, compared to the consensus estimate of $532.91 million. During the same period last year, the company earned $2.79 EPS. Helen of Troy’s revenue for the quarter was down 3.4% on a year-over-year basis. On average, sell-side analysts forecast that Helen of Troy will post 6.46 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC lifted its holdings in Helen of Troy by 96.0% in the 4th quarter. GAMMA Investing LLC now owns 484 shares of the company’s stock worth $29,000 after purchasing an additional 237 shares in the last quarter. FNY Investment Advisers LLC purchased a new position in Helen of Troy in the 4th quarter worth approximately $44,000. Public Employees Retirement System of Ohio lifted its holdings in Helen of Troy by 30.3% in 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 in the last quarter. Signaturefd LLC purchased a new position in Helen of Troy in the 3rd quarter worth approximately $61,000. Finally, KBC Group NV lifted its holdings in Helen of Troy by 73.1% in 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 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.