Helen of Troy (NASDAQ:HELE) Trading Down 5.8% After Analyst Downgrade

Helen of Troy Limited (NASDAQ:HELE)’s stock price dropped 5.8% on Monday after Zacks Research downgraded the stock from a strong-buy rating to a hold rating. The company traded as low as $26.66 and last traded at $26.52. 38,639 shares changed hands during trading, a decline of 94% from the average daily volume of 675,825 shares. The stock had previously closed at $28.14.

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

More Helen of Troy News

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

• Positive Sentiment: Helen of Troy reported Q1 EPS of $0.17, well above the $0.02 consensus estimate, and revenue of $402.1 million versus expectations of $374.6 million, signaling better-than-expected demand and execution. Article Title
• Positive Sentiment: The company also posted first-quarter net sales growth, stronger segment performance, and a return to profit, which may support the view that operations are stabilizing after a difficult period. Article Title
• Neutral Sentiment: Helen of Troy issued FY2027 EPS guidance of $3.25 to $3.75, which is broadly in line with expectations at the midpoint but not a major raise, leaving investors waiting for clearer upside. Article Title
• Neutral Sentiment: Analysts have reiterated a mixed outlook, with one recent note maintaining a Hold rating and a $23 price target, suggesting some skepticism remains despite the earnings beat. Article Title
• Negative Sentiment: Several class-action lawsuit updates circulated over the past two days, adding legal uncertainty and potential costs that could weigh on sentiment. Article Title

Institutional Trading of Helen of Troy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HELE. iSAM Funds UK Ltd acquired a new position in shares of Helen of Troy during the 3rd quarter worth about $27,000. Farther Finance Advisors LLC lifted its position in Helen of Troy by 5,529.2% in 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 increased its holdings in Helen of Troy by 922.7% in the 4th quarter. Allworth Financial LP now owns 1,350 shares of the company’s stock valued at $29,000 after purchasing an additional 1,218 shares during the last quarter. Larson Financial Group LLC raised its holdings in shares of 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 valued at $34,000 after buying an additional 1,257 shares during the period. Finally, Hantz Financial Services Inc. boosted its position 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 valued at $48,000 after buying an additional 1,879 shares during the period.

Helen of Troy Stock Up 1.9%

The company has a current ratio of 1.71, a quick ratio of 0.81 and a debt-to-equity ratio of 0.95. The firm has a market cap of $653.05 million, a PE ratio of -0.72 and a beta of 1.31. The firm has a 50 day moving average price of $26.12 and a 200-day moving average price of $20.82.

Helen of Troy (NASDAQ:HELE) last released its quarterly earnings data on Wednesday, July 8th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.15. The company had revenue of $402.12 million for the quarter, compared to analysts’ expectations of $374.55 million. Helen of Troy had a negative net margin of 50.33% and a positive return on equity of 7.00%. The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter last year, the company earned $0.41 earnings per share. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. Research analysts forecast that Helen of Troy Limited will post 2.81 EPS for the current fiscal year.

Helen of Troy Company Profile

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.