Helen of Troy (NASDAQ:HELE) Rating Lowered to Sell at ValuEngine

ValuEngine downgraded shares of Helen of Troy (NASDAQ:HELE) from a hold rating to a sell rating in a research report released on Thursday morning, ValuEngine reports.

Several other equities research analysts have also recently commented on HELE. Zacks Investment Research boosted their price target on shares of Helen of Troy to $223.25 in a research report on Friday, January 17th. DA Davidson reiterated a buy rating and issued a $227.00 price target (up from $206.00) on shares of Helen of Troy in a research report on Thursday, January 9th. Oppenheimer began coverage on shares of Helen of Troy in a research report on Wednesday, February 5th. They issued an outperform rating and a $210.00 price target on the stock. Bank of America boosted their price target on shares of Helen of Troy from $175.00 to $190.00 and gave the stock a buy rating in a research report on Friday, December 20th. Finally, BidaskClub upgraded shares of Helen of Troy from a buy rating to a strong-buy rating in a research report on Thursday, January 30th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. Helen of Troy has an average rating of Hold and a consensus target price of $212.56.

Shares of NASDAQ HELE traded down $0.63 during midday trading on Thursday, reaching $192.37. 89,054 shares of the company traded hands, compared to its average volume of 159,447. Helen of Troy has a 52 week low of $108.31 and a 52 week high of $198.59. The stock has a 50-day moving average price of $186.24 and a 200 day moving average price of $163.41. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.29 and a quick ratio of 1.24. The company has a market cap of $4.84 billion, a price-to-earnings ratio of 25.31, a PEG ratio of 2.69 and a beta of 0.65.

Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings results on Wednesday, January 8th. The company reported $3.12 EPS for the quarter, topping the consensus estimate of $2.42 by $0.70. Helen of Troy had a net margin of 11.68% and a return on equity of 19.84%. The firm had revenue of $474.70 million for the quarter, compared to analysts’ expectations of $446.17 million. During the same period in the previous year, the business earned $2.40 earnings per share. Helen of Troy’s revenue for the quarter was up 10.1% compared to the same quarter last year. As a group, analysts expect that Helen of Troy will post 8.27 EPS for the current year.

Institutional investors have recently modified their holdings of the business. Wealthsource Partners LLC acquired a new stake in Helen of Troy during the 3rd quarter worth about $252,000. California State Teachers Retirement System raised its holdings in Helen of Troy by 1.3% during the 3rd quarter. California State Teachers Retirement System now owns 39,161 shares of the company’s stock worth $6,174,000 after buying an additional 490 shares during the period. First Trust Advisors LP raised its holdings in Helen of Troy by 459.2% during the 3rd quarter. First Trust Advisors LP now owns 21,721 shares of the company’s stock worth $3,425,000 after buying an additional 17,837 shares during the period. Arabesque Asset Management Ltd raised its holdings in Helen of Troy by 352.6% during the 4th quarter. Arabesque Asset Management Ltd now owns 18,606 shares of the company’s stock worth $3,345,000 after buying an additional 14,495 shares during the period. Finally, Nisa Investment Advisors LLC raised its holdings in Helen of Troy by 1.2% during the 4th quarter. Nisa Investment Advisors LLC now owns 6,505 shares of the company’s stock worth $1,170,000 after buying an additional 80 shares during the period. Hedge funds and other institutional investors own 93.99% of the company’s stock.

About Helen of Troy

Helen of Troy Limited designs, develops, imports, markets, and distributes a portfolio of consumer products worldwide. It operates in three segments: Housewares, Health & Home, and Beauty. The Housewares segment offers food and beverage preparation tools and gadgets, storage containers, and organization products; household cleaning products, and shower organization, bathroom accessories, and gardening products; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; and insulated water bottles, jugs, drinkware, travel mugs, and food containers.

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