Helen of Troy (NASDAQ:HELE) Given “Buy” Rating at DA Davidson

DA Davidson reissued their buy rating on shares of Helen of Troy (NASDAQ:HELE) in a research report sent to investors on Monday, MarketBeat reports. They currently have a $139.00 price objective on the stock.

Separately, UBS Group reduced their price target on Helen of Troy from $121.00 to $100.00 and set a neutral rating for the company in a research report on Thursday, April 25th.

Helen of Troy Trading Up 4.4 %

Shares of NASDAQ HELE opened at $64.48 on Monday. The firm has a market cap of $1.47 billion, a PE ratio of 9.13, a price-to-earnings-growth ratio of 1.38 and a beta of 0.84. The company has a quick ratio of 0.99, a current ratio of 1.87 and a debt-to-equity ratio of 0.40. Helen of Troy has a twelve month low of $60.00 and a twelve month high of $143.68. The business has a fifty day simple moving average of $98.27 and a two-hundred day simple moving average of $108.99.

Helen of Troy (NASDAQ:HELE) last released its quarterly earnings results on Tuesday, July 9th. The company reported $0.99 EPS for the quarter, missing the consensus estimate of $1.59 by ($0.60). The company had revenue of $416.80 million during the quarter, compared to the consensus estimate of $445.85 million. Helen of Troy had a return on equity of 11.65% and a net margin of 8.41%. The company’s revenue was down 12.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.58 earnings per share. Analysts expect that Helen of Troy will post 8.07 earnings per share for the current fiscal year.

Institutional Trading of Helen of Troy

Several large investors have recently added to or reduced their stakes in HELE. Norges Bank purchased a new stake in Helen of Troy during the 4th quarter valued at about $27,380,000. Capital Research Global Investors grew its stake in Helen of Troy by 6.9% during the 4th quarter. Capital Research Global Investors now owns 1,761,029 shares of the company’s stock valued at $212,750,000 after purchasing an additional 114,215 shares during the last quarter. Public Employees Retirement Association of Colorado grew its stake in Helen of Troy by 1,351.6% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 89,940 shares of the company’s stock valued at $10,866,000 after purchasing an additional 83,744 shares during the last quarter. Capital Fund Management S.A. purchased a new stake in Helen of Troy during the 4th quarter valued at about $8,583,000. Finally, Earnest Partners LLC grew its stake in Helen of Troy by 10.9% during the 1st quarter. Earnest Partners LLC now owns 648,515 shares of the company’s stock valued at $74,735,000 after purchasing an additional 63,595 shares during 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.