Helen of Troy Limited (NASDAQ:HELE – Get Free Report)’s stock price traded down 6.9% on Wednesday . The stock traded as low as $26.89 and last traded at $26.6210. 293,603 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 689,537 shares. The stock had previously closed at $28.60.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on HELE. Canaccord Genuity Group boosted their price objective on shares of Helen of Troy from $18.00 to $23.00 and gave the company a “hold” rating in a research report on Friday, April 24th. UBS Group raised their target price on Helen of Troy from $16.00 to $25.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Zacks Research upgraded Helen of Troy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. Weiss Ratings reissued a “sell (d-)” rating on shares of Helen of Troy in a report on Friday, March 27th. Finally, Wall Street Zen cut Helen of Troy from a “buy” rating to a “hold” rating in a research report on Saturday, May 23rd. Two analysts have rated the stock with a Strong Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $24.00.
Read Our Latest Stock Analysis on Helen of Troy
Helen of Troy Stock Performance
Helen of Troy (NASDAQ:HELE – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.09. The business had revenue of $470.03 million during the quarter, compared to analysts’ expectations of $450.38 million. Helen of Troy had a positive return on equity of 7.00% and a negative net margin of 50.33%.The firm’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same quarter last year, the business posted $2.33 EPS. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. On average, research analysts forecast that Helen of Troy Limited will post 2.81 EPS for the current fiscal year.
Hedge Funds Weigh In On Helen of Troy
Hedge funds have recently added to or reduced their stakes in the stock. iSAM Funds UK Ltd purchased a new position in shares of Helen of Troy during the third quarter worth approximately $27,000. Farther Finance Advisors LLC grew its stake in Helen of Troy by 5,529.2% in the fourth quarter. Farther Finance Advisors LLC now owns 1,351 shares of the company’s stock worth $29,000 after purchasing an additional 1,327 shares in the last quarter. Allworth Financial LP grew its stake in Helen of Troy by 922.7% in the fourth quarter. Allworth Financial LP now owns 1,350 shares of the company’s stock worth $29,000 after purchasing an additional 1,218 shares in the last quarter. Larson Financial Group LLC increased its holdings in Helen of Troy by 1,323.2% during the 3rd quarter. Larson Financial Group LLC now owns 1,352 shares of the company’s stock worth $34,000 after purchasing an additional 1,257 shares during the period. Finally, Hantz Financial Services Inc. increased its holdings in Helen of Troy by 497.1% during the 4th quarter. Hantz Financial Services Inc. now owns 2,257 shares of the company’s stock worth $48,000 after purchasing an additional 1,879 shares during the period.
Helen of Troy Company Profile
Helen of Troy Limited is a global consumer products company that designs, sources and markets a diversified portfolio of household, health and beauty brands. Headquartered in El Paso, Texas, the company operates through three principal segments—Health & Home, Housewares and Beauty—offering products under well-known names including OXO, Vicks, Braun, Honeywell Home, PUR and Hot Tools. Helen of Troy distributes its products through a combination of mass, specialty and e-commerce channels to consumers, retailers and distributors worldwide.
The Housewares segment features kitchen tools, gadgets and organizational solutions marketed primarily under the OXO brand, recognized for its ergonomic “Good Grips” design.
Read More
- Five stocks we like better than Helen of Troy
- AI’s Power Problem Is Turning Nuclear Stocks Into a Bigger Market Story
- American Eagle’s Q1 Beat Leaves Investors With a Bigger Question
- VMware: Broadcom’s Second Biggest Business Set to Accelerate
- Buyback Capacity Is Rising Across 3 Soaring and Sinking Stocks
Receive News & Ratings for Helen of Troy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helen of Troy and related companies with MarketBeat.com's FREE daily email newsletter.
