Helen of Troy (NASDAQ:HELE) Lowered to “Hold” Rating by Zacks Research

Zacks Research cut shares of Helen of Troy (NASDAQ:HELE) from a strong-buy rating to a hold rating in a research note published on Monday,Zacks.com reports.

A number of other research analysts have also recently issued reports on the company. UBS Group lifted their price objective on Helen of Troy from $16.00 to $25.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Weiss Ratings reissued a “sell (d-)” rating on shares of Helen of Troy in a research note on Wednesday, June 24th. Canaccord Genuity Group lifted their price target on Helen of Troy from $18.00 to $23.00 and gave the stock a “hold” rating in a research report on Friday, April 24th. Finally, Wall Street Zen cut shares of Helen of Troy from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. One analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Helen of Troy has an average rating of “Hold” and an average target price of $24.00.

Helen of Troy Price Performance

Shares of HELE opened at $28.04 on Monday. Helen of Troy has a fifty-two week low of $13.85 and a fifty-two week high of $31.98. The firm’s 50-day simple moving average is $26.12 and its two-hundred day simple moving average is $20.82. The stock has a market cap of $653.05 million, a PE ratio of -0.72 and a beta of 1.31. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.81 and a current ratio of 1.71.

Helen of Troy (NASDAQ:HELE) last released its earnings results on Thursday, April 23rd. The company reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.09. Helen of Troy had a negative net margin of 50.33% and a positive return on equity of 7.00%. The firm had revenue of $470.03 million during the quarter, compared to analyst estimates of $450.38 million. During the same period last year, the business earned $2.33 earnings per share. The business’s revenue was down 3.3% on a year-over-year basis. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. Analysts anticipate that Helen of Troy will post 2.81 earnings per share for the current fiscal year.

Institutional Trading of Helen of Troy

A number of institutional investors and hedge funds have recently modified their holdings of HELE. iSAM Funds UK Ltd purchased a new position in shares of Helen of Troy in the third quarter worth $27,000. Farther Finance Advisors LLC boosted its position in shares of Helen of Troy by 5,529.2% during the fourth quarter. Farther Finance Advisors LLC now owns 1,351 shares of the company’s stock valued at $29,000 after buying an additional 1,327 shares during the last quarter. Allworth Financial LP boosted its position in shares of Helen of Troy by 922.7% during the fourth quarter. Allworth Financial LP now owns 1,350 shares of the company’s stock valued at $29,000 after buying an additional 1,218 shares during the last quarter. Larson Financial Group LLC increased its holdings in Helen of Troy by 1,323.2% in the 3rd quarter. Larson Financial Group LLC now owns 1,352 shares of the company’s stock worth $34,000 after buying an additional 1,257 shares in the last quarter. Finally, Hantz Financial Services Inc. increased its holdings in Helen of Troy by 497.1% in the 4th quarter. Hantz Financial Services Inc. now owns 2,257 shares of the company’s stock worth $48,000 after buying an additional 1,879 shares in the last quarter.

More Helen of Troy News

Here are the key news stories impacting Helen of Troy this week:

• Positive Sentiment: Canaccord Genuity kept a Hold rating on Helen of Troy and left its $23 price target unchanged, suggesting the analyst sees the current setup as mixed but not deteriorating further. Article Title
• Positive Sentiment: Zacks highlighted Helen of Troy as a “Fast-Paced Momentum at a Bargain” stock, reinforcing the idea that recent trading strength may still have room to continue if investors focus on valuation and momentum. Article Title
• Neutral Sentiment: Several entertainment articles about “Helen of Troy” and “The Odyssey” surfaced, but they are unrelated to Helen of Troy Limited’s business and are unlikely to affect HELE shares.
• Negative Sentiment: Multiple law firms issued investor alerts about a class-action lawsuit against Helen of Troy Limited, with deadlines approaching for investors who may have suffered losses. That legal overhang can weigh on sentiment and raise uncertainty around the stock. Article Title

About Helen of Troy

Helen of Troy Limited is a global consumer products company that designs, sources and markets a diversified portfolio of household, health and beauty brands. Headquartered in El Paso, Texas, the company operates through three principal segments—Health & Home, Housewares and Beauty—offering products under well-known names including OXO, Vicks, Braun, Honeywell Home, PUR and Hot Tools. Helen of Troy distributes its products through a combination of mass, specialty and e-commerce channels to consumers, retailers and distributors worldwide.

The Housewares segment features kitchen tools, gadgets and organizational solutions marketed primarily under the OXO brand, recognized for its ergonomic “Good Grips” design.