Helen of Troy (NASDAQ:HELE) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

Shares of Helen of Troy Limited (NASDAQ:HELE) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $22.15 and traded as high as $29.84. Helen of Troy shares last traded at $29.21, with a volume of 437,767 shares.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Wall Street Zen raised Helen of Troy from a “hold” rating to a “strong-buy” rating in a research report on Sunday, July 12th. Weiss Ratings lowered Helen of Troy from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday, July 21st. Zacks Research cut Helen of Troy from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Canaccord Genuity Group upped their price objective on shares of Helen of Troy from $23.00 to $25.00 and gave the company a “hold” rating in a research note on Thursday, July 9th. Finally, UBS Group boosted their target price on shares of Helen of Troy from $25.00 to $28.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Helen of Troy presently has a consensus rating of “Hold” and an average price target of $26.50.

Helen of Troy Stock Down 1.9%

The company has a current ratio of 1.78, a quick ratio of 0.81 and a debt-to-equity ratio of 0.82. The firm has a market capitalization of $680.30 million, a PE ratio of -1.62 and a beta of 1.31. The firm has a 50-day moving average of $27.70 and a two-hundred day moving average of $22.15.

Helen of Troy (NASDAQ:HELE) last posted its quarterly earnings results on Wednesday, July 8th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.15. The firm had revenue of $402.12 million during the quarter, compared to the consensus estimate of $374.55 million. Helen of Troy had a positive return on equity of 6.46% and a negative net margin of 22.70%.The firm’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.41 earnings per share. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. On average, equities research analysts forecast that Helen of Troy Limited will post 2.84 EPS for the current year.

Institutional Trading of Helen of Troy

Institutional investors have recently modified their holdings of the company. Paradigm Capital Management Inc. NY raised its holdings in shares of Helen of Troy by 64.3% during the 1st quarter. Paradigm Capital Management Inc. NY now owns 927,100 shares of the company’s stock valued at $13,369,000 after buying an additional 362,900 shares during the period. Hsbc Holdings PLC purchased a new position in Helen of Troy in the 1st quarter worth approximately $1,936,000. RWWM Inc. grew its position in Helen of Troy by 85.7% in the first quarter. RWWM Inc. now owns 1,173,829 shares of the company’s stock valued at $16,927,000 after acquiring an additional 541,689 shares in the last quarter. Invenomic Capital Management LP raised its stake in shares of Helen of Troy by 6.9% during the fourth quarter. Invenomic Capital Management LP now owns 593,310 shares of the company’s stock valued at $12,608,000 after purchasing an additional 38,325 shares during the period. Finally, Aster Capital Management DIFC Ltd purchased a new stake in shares of Helen of Troy during the fourth quarter valued at approximately $504,000.

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.