Helen of Troy Ltd. (HELE) Price Target Cut to $105.00 by Analysts at Jefferies Group
Helen of Troy Ltd. (NASDAQ:HELE) had its price target decreased by investment analysts at Jefferies Group to $105.00 in a research report issued to clients and investors on Friday. Jefferies Group’s price objective would indicate a potential upside of 20.87% from the stock’s previous close.
HELE has been the topic of a number of other reports. Zacks Investment Research raised shares of Helen of Troy from a “hold” rating to a “buy” rating and set a $113.00 price target on the stock in a research report on Tuesday, July 12th. Sidoti began coverage on shares of Helen of Troy in a report on Thursday, August 25th. They issued a “neutral” rating and a $102.00 target price on the stock. Finally, KeyCorp reissued a “hold” rating on shares of Helen of Troy in a report on Thursday. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $107.50.
Helen of Troy (NASDAQ:HELE) opened at 86.87 on Friday. The firm has a market capitalization of $2.42 billion, a price-to-earnings ratio of 24.78 and a beta of 1.00. The company has a 50-day moving average of $88.77 and a 200 day moving average of $97.32. Helen of Troy has a one year low of $82.28 and a one year high of $106.50.
Helen of Troy (NASDAQ:HELE) last released its quarterly earnings results on Thursday, October 6th. The company reported $1.31 EPS for the quarter, topping analysts’ consensus estimates of $1.14 by $0.17. Helen of Troy had a net margin of 6.45% and a return on equity of 18.62%. The business had revenue of $368.17 million for the quarter. During the same period in the prior year, the business posted $1.12 earnings per share. Helen of Troy’s revenue was down .3% compared to the same quarter last year. On average, analysts anticipate that Helen of Troy will post $6.16 EPS for the current year.
Institutional investors have recently added to or reduced their stakes in the stock. Pacad Investment Ltd. bought a new stake in shares of Helen of Troy during the second quarter valued at about $113,000. LS Investment Advisors LLC raised its stake in shares of Helen of Troy by 63.8% in the second quarter. LS Investment Advisors LLC now owns 1,694 shares of the company’s stock valued at $174,000 after buying an additional 660 shares during the period. Tower Research Capital LLC TRC bought a new stake in shares of Helen of Troy during the second quarter valued at about $188,000. Pacer Advisors Inc. bought a new stake in shares of Helen of Troy during the second quarter valued at about $195,000. Finally, Genesee Valley Trust Co. bought a new stake in shares of Helen of Troy during the second quarter valued at 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.
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