Helen of Troy (NASDAQ:HELE) Upgraded by Wall Street Zen to “Buy” Rating

Wall Street Zen upgraded shares of Helen of Troy (NASDAQ:HELE) from a hold rating to a buy rating in a research report released on Saturday.

Several other research analysts have also recently weighed in on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Helen of Troy in a report on Friday, March 27th. Zacks Research upgraded Helen of Troy from a “strong sell” rating to a “hold” rating in a report on Monday, March 23rd. UBS Group boosted their target price on Helen of Troy from $16.00 to $25.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Finally, Canaccord Genuity Group boosted their target price on Helen of Troy from $18.00 to $23.00 and gave the stock a “hold” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $24.00.

Helen of Troy Trading Up 3.4%

HELE stock opened at $23.93 on Friday. The company has a current ratio of 1.71, a quick ratio of 0.81 and a debt-to-equity ratio of 0.95. Helen of Troy has a 12-month low of $13.85 and a 12-month high of $33.76. The stock has a market cap of $556.61 million, a price-to-earnings ratio of -0.61 and a beta of 1.29. The business’s 50-day moving average is $17.31 and its 200 day moving average is $18.63.

Helen of Troy (NASDAQ:HELE) last posted its quarterly earnings data on Thursday, April 23rd. The company reported $0.83 earnings per share (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 company had revenue of $470.03 million for the quarter, compared to analysts’ expectations of $450.38 million. During the same period in the previous year, the firm posted $2.33 EPS. Helen of Troy’s revenue 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, sell-side analysts anticipate that Helen of Troy will post 2.78 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Hsbc Holdings PLC acquired a new position in Helen of Troy in the first quarter valued at approximately $1,936,000. Leonteq Securities AG lifted its holdings in Helen of Troy by 166.6% in the first quarter. Leonteq Securities AG now owns 11,088 shares of the company’s stock valued at $160,000 after acquiring an additional 6,929 shares during the last quarter. Strs Ohio lifted its holdings in Helen of Troy by 131.8% in the first quarter. Strs Ohio now owns 10,200 shares of the company’s stock valued at $147,000 after acquiring an additional 5,800 shares during the last quarter. Inspire Investing LLC lifted its holdings in Helen of Troy by 64.7% in the first quarter. Inspire Investing LLC now owns 36,282 shares of the company’s stock valued at $523,000 after acquiring an additional 14,255 shares during the last quarter. Finally, Empowered Funds LLC acquired a new position in Helen of Troy in the fourth quarter valued at approximately $148,000.

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.