Helen of Troy (NASDAQ:HELE) Price Target Cut to $69.00 by Analysts at UBS Group

Helen of Troy (NASDAQ:HELE) had its price objective dropped by investment analysts at UBS Group from $79.00 to $69.00 in a research note issued on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. UBS Group’s target price points to a potential upside of 15.48% from the stock’s previous close.

A number of other equities analysts have also commented on HELE. DA Davidson lifted their price target on shares of Helen of Troy from $71.00 to $78.00 and gave the stock a “neutral” rating in a report on Monday, November 25th. Canaccord Genuity Group reiterated a “buy” rating and set a $84.00 price target on shares of Helen of Troy in a report on Monday, October 7th.

Helen of Troy Stock Performance

NASDAQ HELE opened at $59.75 on Tuesday. The firm’s fifty day moving average price is $66.18 and its two-hundred day moving average price is $64.32. The stock has a market cap of $1.37 billion, a PE ratio of 9.99, a PEG ratio of 1.34 and a beta of 0.90. Helen of Troy has a fifty-two week low of $48.05 and a fifty-two week high of $127.83. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.85 and a current ratio of 1.77.

Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings results on Wednesday, October 9th. The company reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.16. The company had revenue of $474.20 million for the quarter, compared to analyst estimates of $458.85 million. Helen of Troy had a net margin of 7.35% and a return on equity of 9.31%. Helen of Troy’s revenue was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.45 earnings per share. On average, equities analysts expect that Helen of Troy will post 6.37 EPS for the current fiscal year.

Institutional Investors Weigh In On Helen of Troy

A number of institutional investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its position in shares of Helen of Troy by 96.0% during the 4th quarter. GAMMA Investing LLC now owns 484 shares of the company’s stock valued at $29,000 after acquiring an additional 237 shares during the period. Public Employees Retirement System of Ohio grew its position in shares of Helen of Troy by 30.3% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 783 shares of the company’s stock valued at $48,000 after acquiring an additional 182 shares during the period. Signaturefd LLC bought a new position in shares of Helen of Troy during the 3rd quarter valued at approximately $61,000. Mercer Global Advisors Inc. ADV bought a new position in shares of Helen of Troy during the 2nd quarter valued at approximately $270,000. Finally, Exchange Traded Concepts LLC purchased a new stake in shares of Helen of Troy during the 3rd quarter valued at approximately $315,000.

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.