Helen of Troy (NASDAQ:HELE) Price Target Cut to $100.00

Helen of Troy (NASDAQ:HELE) had its price objective dropped by stock analysts at UBS Group from $121.00 to $100.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. UBS Group’s price target indicates a potential upside of 9.64% from the stock’s current price.

A number of other brokerages have also recently issued reports on HELE. DA Davidson reduced their price objective on shares of Helen of Troy from $151.00 to $139.00 and set a “buy” rating on the stock in a research note on Thursday. StockNews.com upgraded shares of Helen of Troy from a “hold” rating to a “buy” rating in a report on Tuesday, January 9th.

Helen of Troy Stock Up 0.4 %

HELE opened at $91.21 on Thursday. Helen of Troy has a twelve month low of $86.23 and a twelve month high of $143.68. The firm has a market cap 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 firm’s 50-day simple moving average is $112.60 and its 200-day simple moving average is $112.17. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.98 and a current ratio of 1.87.

Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings data on Wednesday, April 24th. The company reported $2.11 earnings per share for the quarter, topping the consensus estimate of $2.00 by $0.11. Helen of Troy had a net margin of 8.41% and a return on equity of 11.65%. The firm had revenue of $489.20 million for the quarter, compared to analysts’ expectations of $477.88 million. Equities research analysts anticipate that Helen of Troy will post 8.42 EPS for the current fiscal year.

Institutional Investors Weigh In On Helen of Troy

Several institutional investors have recently bought and sold shares of HELE. First Eagle Investment Management LLC bought a new stake in shares of Helen of Troy in the third quarter worth $5,921,000. Envestnet Asset Management Inc. lifted its position in Helen of Troy by 164.6% during 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 in the last quarter. Canada Pension Plan Investment Board boosted its stake in shares of Helen of Troy by 92.0% during the 3rd 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 during the last quarter. Invesco Ltd. grew its holdings in shares of Helen of Troy by 13.5% in the 3rd quarter. Invesco Ltd. now owns 76,697 shares of the company’s stock valued at $8,940,000 after acquiring an additional 9,109 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. increased its position in shares of Helen of Troy by 16.6% in 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.