BidaskClub lowered shares of Helen of Troy (NASDAQ:HELE) from a strong-buy rating to a buy rating in a research note published on Thursday.

Several other analysts have also recently issued reports on the company. Zacks Investment Research cut Helen of Troy from a hold rating to a sell rating in a research note on Tuesday, December 5th. KeyCorp restated a hold rating on shares of Helen of Troy in a research note on Friday, October 6th. ValuEngine upgraded Helen of Troy from a hold rating to a buy rating in a research note on Tuesday, October 10th. Finally, TheStreet cut Helen of Troy from a b rating to a c rating in a research note on Monday, January 8th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of $99.67.

Shares of Helen of Troy (HELE) opened at $96.50 on Thursday. Helen of Troy has a one year low of $85.40 and a one year high of $102.88. The stock has a market capitalization of $2,630.00, a P/E ratio of 134.03, a price-to-earnings-growth ratio of 6.48 and a beta of 0.91. The company has a current ratio of 1.73, a quick ratio of 0.94 and a debt-to-equity ratio of 0.41.

Helen of Troy (NASDAQ:HELE) last announced its quarterly earnings data on Monday, January 8th. The company reported $2.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.07 by $0.45. Helen of Troy had a return on equity of 18.37% and a net margin of 1.28%. The firm had revenue of $453.00 million for the quarter, compared to analysts’ expectations of $452.81 million. During the same quarter in the prior year, the firm posted $2.37 earnings per share. Helen of Troy’s revenue for the quarter was up 1.9% compared to the same quarter last year. equities research analysts expect that Helen of Troy will post 6.52 EPS for the current fiscal year.

Several institutional investors have recently made changes to their positions in HELE. American Century Companies Inc. acquired a new stake in shares of Helen of Troy during the 3rd quarter worth approximately $23,056,000. The Manufacturers Life Insurance Company raised its position in shares of Helen of Troy by 425,092.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 59,527 shares of the company’s stock worth $5,601,000 after purchasing an additional 59,513 shares during the period. Renaissance Technologies LLC raised its position in shares of Helen of Troy by 65.6% during the 2nd quarter. Renaissance Technologies LLC now owns 134,786 shares of the company’s stock worth $12,683,000 after purchasing an additional 53,376 shares during the period. AHL Partners LLP raised its position in shares of Helen of Troy by 126.4% during the 2nd quarter. AHL Partners LLP now owns 79,265 shares of the company’s stock worth $7,459,000 after purchasing an additional 44,259 shares during the period. Finally, Public Employees Retirement Association of Colorado raised its position in shares of Helen of Troy by 30.4% during the 3rd quarter. Public Employees Retirement Association of Colorado now owns 146,183 shares of the company’s stock worth $14,165,000 after purchasing an additional 34,100 shares during the period. Institutional investors and hedge funds own 92.78% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This piece of content was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece of content on another website, it was illegally copied and republished in violation of US & international copyright & trademark laws. The original version of this piece of content can be viewed at https://www.thecerbatgem.com/2018/01/22/helen-of-troy-hele-stock-rating-lowered-by-bidaskclub.html.

About Helen of Troy

Helen Of Troy Limited is a global consumer products company that offers a range of solutions for its customers through a range of brands. The Company is a global designer, developer, importer, marketer and distributor of a portfolio of brand-name consumer products. The Company has three segments. The Housewares segment provides a range of consumer products for the home.

Receive News & Ratings for Helen of Troy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helen of Troy and related companies with MarketBeat.com's FREE daily email newsletter.