Helen of Troy Limited (NASDAQ:HELE) Receives Consensus Rating of "Moderate Buy" from Brokerages - MarketBeat

2023-01-05 16:14:28 By : Ms. Monica Zeng

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Helen of Troy Limited (NASDAQ:HELE - Get Rating) has earned a consensus recommendation of "Moderate Buy" from the nine research firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $169.00.

Several research firms have issued reports on HELE. Canaccord Genuity Group began coverage on shares of Helen of Troy in a research note on Wednesday, November 16th. They set a "buy" rating and a $120.00 price objective for the company. StockNews.com began coverage on shares of Helen of Troy in a research note on Wednesday, October 12th. They set a "sell" rating for the company. Bank of America upgraded shares of Helen of Troy from a "neutral" rating to a "buy" rating in a research note on Thursday, December 22nd. DA Davidson raised shares of Helen of Troy from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $115.00 to $126.00 in a research report on Thursday, December 22nd. Finally, Canaccord Genuity Group boosted their target price on shares of Helen of Troy from $120.00 to $130.00 and gave the stock a "buy" rating in a research report on Tuesday.Helen of Troy Stock Performance

Shares of NASDAQ HELE opened at $112.58 on Thursday. The company has a market cap of $2.70 billion, a PE ratio of 15.99, a price-to-earnings-growth ratio of 1.81 and a beta of 0.64. Helen of Troy has a 12 month low of $82.94 and a 12 month high of $249.08. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.12 and a quick ratio of 1.02. The company has a 50-day simple moving average of $98.38 and a 200-day simple moving average of $116.17.

Helen of Troy (NASDAQ:HELE - Get Rating) last released its earnings results on Wednesday, October 5th. The company reported $1.98 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.82 by $0.16. Helen of Troy had a net margin of 7.63% and a return on equity of 16.94%. The firm had revenue of $521.40 million during the quarter, compared to the consensus estimate of $519.07 million. During the same period in the previous year, the firm earned $2.35 earnings per share. Helen of Troy's revenue was up 9.7% compared to the same quarter last year. On average, equities analysts anticipate that Helen of Troy will post 7.64 earnings per share for the current year. Institutional Trading of Helen of Troy

Institutional investors have recently added to or reduced their stakes in the stock. Castle Wealth Management LLC bought a new stake in Helen of Troy during the second quarter valued at $33,000. Rockefeller Capital Management L.P. increased its stake in Helen of Troy by 146.0% during the third quarter. Rockefeller Capital Management L.P. now owns 401 shares of the company's stock valued at $38,000 after purchasing an additional 238 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new position in shares of Helen of Troy during the second quarter worth about $65,000. Public Employees Retirement System of Ohio grew its position in shares of Helen of Troy by 19.5% during the third quarter. Public Employees Retirement System of Ohio now owns 1,199 shares of the company's stock worth $116,000 after acquiring an additional 196 shares during the last quarter. Finally, Point72 Hong Kong Ltd bought a new position in shares of Helen of Troy during the third quarter worth about $131,000. 98.98% of the stock is owned by institutional investors and hedge funds. Helen of Troy Company Profile (Get Rating)

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 through three segments: Home & Outdoor, Health & Wellness, and Beauty. The Home & Outdoor segment offers food preparation tools and gadgets, storage containers, and organization products; coffee makers, grinders, manual pour overs, and tea kettles; household cleaning products, shower organization, and bathroom accessories; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; insulated water bottles, hydration packs, drinkware, mugs, food containers, lunch containers, insulated totes, soft coolers, and accessories; and technical and outdoor sports packs, travel packs, luggage, daypacks, and everyday packs.Recommended StoriesGet a free copy of the StockNews.com research report on Helen of Troy (HELE)3 Energy Stock Winners With More in the TankCan Amazon Lead Consumer Stocks To A Big Rally In 2023? Keep These 3 Dividend Contenders on the 2023 Watch ListGE HealthCare Technologies Soars As GE Legacy Business Plummets3 Health Care Stocks Paying Reliable Dividends

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