KeyCorp Reaffirms Hold Rating for Helen of Troy Ltd. (HELE)
Helen of Troy Ltd. (NASDAQ:HELE)‘s stock had its “hold” rating reiterated by investment analysts at KeyCorp in a research note issued to investors on Thursday.
HELE has been the topic of several other research reports. Zacks Investment Research raised Helen of Troy from a “hold” rating to a “buy” rating and set a $113.00 price objective on the stock in a report on Tuesday, July 12th. Sidoti assumed coverage on Helen of Troy in a report on Thursday, August 25th. They set a “neutral” rating and a $102.00 price objective on the stock. Finally, Jefferies Group set a $116.00 price objective on Helen of Troy and gave the stock a “buy” rating in a report on Wednesday. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Helen of Troy currently has an average rating of “Hold” and an average target price of $110.25.
Helen of Troy (NASDAQ:HELE) traded up 0.43% during trading on Thursday, reaching $86.87. The company had a trading volume of 324,371 shares. The firm has a 50-day moving average of $88.86 and a 200-day moving average of $97.40. The stock has a market capitalization of $2.42 billion, a price-to-earnings ratio of 24.78 and a beta of 1.00. Helen of Troy has a 1-year low of $82.28 and a 1-year high of $106.50.
Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings data on Thursday, October 6th. The company reported $1.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.19. Helen of Troy had a return on equity of 18.62% and a net margin of 6.45%. On average, analysts anticipate that Helen of Troy will post $6.16 EPS for the current fiscal year.
Several institutional investors have recently added to or reduced their stakes in HELE. Pacad Investment Ltd. bought a new position in Helen of Troy during the second quarter worth about $113,000. LS Investment Advisors LLC raised its position in Helen of Troy by 63.8% in the second quarter. LS Investment Advisors LLC now owns 1,694 shares of the company’s stock worth $174,000 after buying an additional 660 shares in the last quarter. Tower Research Capital LLC TRC bought a new position in Helen of Troy during the second quarter worth about $188,000. Pacer Advisors Inc. bought a new position in Helen of Troy during the second quarter worth about $195,000. Finally, Genesee Valley Trust Co. bought a new position in Helen of Troy during the second quarter worth about $214,000. 94.68% of the stock is currently owned by hedge funds and other institutional investors.
Helen of Troy Company Profile
Helen of Troy Limited is a global consumer products company. The Company offers solutions for its customers through a portfolio of brands. It is a global designer, developer, importer, marketer, and distributor of a portfolio of brand-name consumer products. It has four business segments: Housewares, Healthcare/Home Environment, Nutritional Supplements and Personal Care.
Receive News & Stock Ratings for Helen of Troy Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helen of Troy Ltd. and related stocks with our FREE daily email newsletter.