UBS Group Lowers Helen of Troy (NASDAQ:HELE) Price Target to $100.00

Helen of Troy (NASDAQ:HELE) had its price target trimmed by UBS Group from $121.00 to $100.00 in a report issued on Thursday, Benzinga reports. The firm currently has a neutral rating on the stock.

A number of other analysts have also weighed in on the stock. DA Davidson decreased their target price on shares of Helen of Troy from $151.00 to $139.00 and set a buy rating on the stock in a report on Thursday. StockNews.com raised shares of Helen of Troy from a hold rating to a buy rating in a report on Tuesday, January 9th.

Helen of Troy Trading Up 0.4 %

Shares of HELE stock opened at $91.21 on Thursday. The stock has a market capitalization of $2.17 billion, a price-to-earnings ratio of 12.92, a PEG ratio of 1.35 and a beta of 0.80. The company’s fifty day simple moving average is $112.60 and its two-hundred day simple moving average is $112.18. Helen of Troy has a 1 year low of $86.23 and a 1 year high of $143.68. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.87 and a quick ratio of 0.98.

Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings data on Wednesday, April 24th. The company reported $2.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.00 by $0.11. Helen of Troy had a return on equity of 11.65% and a net margin of 8.41%. The business had revenue of $489.20 million for the quarter, compared to analysts’ expectations of $477.88 million. As a group, analysts anticipate that Helen of Troy will post 8.25 earnings per share for the current year.

Institutional Trading of Helen of Troy

A number of hedge funds have recently made changes to their positions in the stock. First Eagle Investment Management LLC purchased a new stake in Helen of Troy during the third quarter valued at about $5,921,000. Envestnet Asset Management Inc. lifted its position in Helen of Troy by 164.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 49,844 shares of the company’s stock worth $5,810,000 after buying an additional 31,005 shares during the last quarter. Canada Pension Plan Investment Board boosted its stake in Helen of Troy by 92.0% in the third quarter. Canada Pension Plan Investment Board now owns 33,600 shares of the company’s stock worth $3,916,000 after buying an additional 16,100 shares in the last quarter. Invesco Ltd. boosted its stake in Helen of Troy by 13.5% in the third quarter. Invesco Ltd. now owns 76,697 shares of the company’s stock worth $8,940,000 after buying an additional 9,109 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. grew its position in Helen of Troy by 16.6% during the third quarter. Fuller & Thaler Asset Management Inc. now owns 198,124 shares of the company’s stock valued at $23,093,000 after acquiring an additional 28,210 shares during the last quarter.

Helen of Troy Company Profile

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 preparation tools and gadgets, storage containers, and organization products; coffee makers, grinders, manual pour overs, and tea kettles; household cleaning products, shower organization, and bathroom accessories; feeding and drinking products, child seating, cleaning tools, and nursery accessories; insulated hydration bottles, hydration packs, drinkware, mugs, food containers, lunch containers, insulated totes, soft coolers, and accessories; and technical and outdoor sports packs, travel packs and accessories, luggage, daypacks, and everyday packs.