Helen of Troy Limited (NASDAQ:HELE – Get Free Report)’s stock price dropped 5.8% on Monday . The stock traded as low as $26.66 and last traded at $26.52. Approximately 38,639 shares changed hands during trading, a decline of 94% from the average daily volume of 675,825 shares. The stock had previously closed at $28.14.
Analysts Set New Price Targets
A number of research analysts recently commented on the stock. UBS Group increased their target price on shares of Helen of Troy from $16.00 to $25.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Weiss Ratings restated a “sell (d-)” rating on shares of Helen of Troy in a research note on Wednesday, June 24th. Wall Street Zen cut Helen of Troy from a “buy” rating to a “hold” rating in a research report on Saturday, May 23rd. Canaccord Genuity Group boosted their target price on Helen of Troy from $18.00 to $23.00 and gave the company a “hold” rating in a report on Friday, April 24th. Finally, Zacks Research raised Helen of Troy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $24.00.
View Our Latest Report on HELE
Helen of Troy Stock Down 6.7%
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 (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.09. The firm had revenue of $470.03 million for the quarter, compared to analyst estimates 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 business’s revenue was down 3.3% on a year-over-year basis. During the same quarter last year, the company posted $2.33 earnings per share. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. On average, equities research analysts forecast that Helen of Troy Limited will post 2.81 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Helen of Troy
Large investors have recently modified their holdings of the stock. Millennium Management LLC lifted its holdings in shares of Helen of Troy by 164.9% during the fourth quarter. Millennium Management LLC now owns 1,049,381 shares of the company’s stock worth $22,299,000 after purchasing an additional 653,300 shares during the period. Paradigm Capital Management Inc. NY purchased a new position in Helen of Troy during the 4th quarter worth $11,989,000. RWWM Inc. raised its position in Helen of Troy by 85.7% during the 1st quarter. RWWM Inc. now owns 1,173,829 shares of the company’s stock worth $16,927,000 after buying an additional 541,689 shares during the last quarter. UBS Group AG lifted its stake in shares of Helen of Troy by 386.0% in the 4th quarter. UBS Group AG now owns 616,992 shares of the company’s stock worth $13,111,000 after acquiring an additional 490,031 shares during the period. Finally, Wellington Management Group LLP lifted its stake in shares of Helen of Troy by 159.2% in the 3rd quarter. Wellington Management Group LLP now owns 747,220 shares of the company’s stock worth $18,830,000 after acquiring an additional 458,979 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.
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