Helen of Troy Target of Unusually High Options Trading (NASDAQ:HELE)

Helen of Troy Limited (NASDAQ:HELEGet Free Report) was the target of unusually large options trading on Tuesday. Investors bought 5,718 put options on the stock. This is an increase of approximately 1,039% compared to the typical daily volume of 502 put options.

Helen of Troy Price Performance

HELE stock opened at $61.76 on Thursday. Helen of Troy has a 1 year low of $60.00 and a 1 year high of $143.68. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.99 and a current ratio of 1.87. The stock’s 50 day moving average price is $98.88 and its 200 day moving average price is $109.30. The firm has a market cap of $1.41 billion, a P/E ratio of 8.75, a PEG ratio of 1.38 and a beta of 0.84.

Helen of Troy (NASDAQ:HELEGet Free Report) last posted its earnings results on Tuesday, July 9th. The company reported $0.99 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.60). Helen of Troy had a net margin of 8.41% and a return on equity of 11.65%. The company had revenue of $416.80 million during the quarter, compared to analysts’ expectations of $445.85 million. During the same period in the previous year, the company posted $1.58 EPS. Helen of Troy’s quarterly revenue was down 12.2% compared to the same quarter last year. On average, sell-side analysts expect that Helen of Troy will post 8.07 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. YHB Investment Advisors Inc. acquired a new position in Helen of Troy in the 1st quarter valued at $29,000. CWM LLC raised its holdings in Helen of Troy by 374.6% in the 2nd quarter. CWM LLC now owns 280 shares of the company’s stock valued at $26,000 after acquiring an additional 221 shares during the last quarter. Bessemer Group Inc. raised its holdings in Helen of Troy by 153.7% in the 1st quarter. Bessemer Group Inc. now owns 576 shares of the company’s stock valued at $67,000 after acquiring an additional 349 shares during the last quarter. Headlands Technologies LLC acquired a new position in Helen of Troy in the 1st quarter valued at $201,000. Finally, ARGA Investment Management LP acquired a new position in Helen of Troy in the 1st quarter valued at $218,000.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on HELE shares. Canaccord Genuity Group decreased their price target on Helen of Troy from $137.00 to $84.00 and set a “buy” rating on the stock in a research note on Wednesday. UBS Group decreased their price target on Helen of Troy from $100.00 to $72.00 and set a “neutral” rating on the stock in a research note on Wednesday. DA Davidson lowered Helen of Troy from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $139.00 to $67.00 in a research note on Wednesday. Finally, StockNews.com lowered Helen of Troy from a “buy” rating to a “hold” rating in a research note on Wednesday.

View Our Latest Report on Helen of Troy

About Helen of Troy

(Get Free Report)

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 storage containers, kitchen utensils for cooking and preparing salads, fruits, vegetables and meats, graters, slicers and choppers, baking essentials, kitchen organization, bath, cleaning, infant and toddler products, and coffee preparation tools and electronics; and insulated beverageware, including bottles, travel tumblers, drinkware, mugs, food and lunch containers, insulated totes, soft coolers, outdoor kitchenware, and accessories.

Further Reading

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