Helen of Troy (NASDAQ:HELE) Shares Pass Above 200 Day Moving Average – Time to Sell?

Helen of Troy Limited (NASDAQ:HELE) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $18.64 and traded as high as $24.36. Helen of Troy shares last traded at $23.93, with a volume of 603,271 shares trading hands.

Analysts Set New Price Targets

HELE has been the topic of several research analyst reports. Canaccord Genuity Group boosted their target price on Helen of Troy from $18.00 to $23.00 and gave the company a “hold” rating in a research note on Friday, April 24th. Zacks Research upgraded Helen of Troy from a “strong sell” rating to a “hold” rating in a research report on Monday, March 23rd. UBS Group lifted their price target on Helen of Troy from $16.00 to $25.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Wall Street Zen upgraded Helen of Troy from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Helen of Troy in a research report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $24.00.

Helen of Troy Stock Up 3.4%

The company has a quick ratio of 0.81, a current ratio of 1.71 and a debt-to-equity ratio of 0.95. The company has a fifty day simple moving average of $17.31 and a 200 day simple moving average of $18.64. The firm has a market capitalization of $556.61 million, a P/E ratio of -0.61 and a beta of 1.29.

Helen of Troy (NASDAQ:HELE) last released its earnings results on Thursday, April 23rd. The company reported $0.83 EPS for the quarter, topping the consensus estimate of $0.74 by $0.09. Helen of Troy had a positive return on equity of 7.00% and a negative net margin of 50.33%.The business had revenue of $470.03 million for the quarter, compared to the consensus estimate of $450.38 million. During the same period in the previous year, the company posted $2.33 earnings per share. The company’s revenue for the quarter was down 3.3% compared to the same quarter last year. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. On average, equities analysts expect that Helen of Troy Limited will post 2.78 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Envestnet Asset Management Inc. lifted its holdings in shares of Helen of Troy by 42.4% during the third quarter. Envestnet Asset Management Inc. now owns 195,657 shares of the company’s stock valued at $4,931,000 after purchasing an additional 58,214 shares in the last quarter. RWWM Inc. lifted its holdings in shares of Helen of Troy by 167.1% during the third quarter. RWWM Inc. now owns 515,176 shares of the company’s stock valued at $12,982,000 after purchasing an additional 322,315 shares in the last quarter. Counterpoint Mutual Funds LLC lifted its holdings in shares of Helen of Troy by 882.6% during the third quarter. Counterpoint Mutual Funds LLC now owns 125,416 shares of the company’s stock valued at $3,160,000 after purchasing an additional 112,652 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of Helen of Troy during the third quarter valued at $3,633,000. Finally, Invenomic Capital Management LP lifted its holdings in shares of Helen of Troy by 68.8% during the third quarter. Invenomic Capital Management LP now owns 554,985 shares of the company’s stock valued at $13,986,000 after purchasing an additional 226,263 shares in the last quarter.

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.