Helen of Troy (HELE) Lowered to C at TheStreet

Helen of Troy (NASDAQ:HELE) was downgraded by stock analysts at TheStreet from a “b” rating to a “c” rating in a research report issued to clients and investors on Monday.

A number of other research analysts have also recently weighed in on HELE. CL King initiated coverage on shares of Helen of Troy in a research note on Tuesday, September 12th. They issued a “buy” rating and a $104.00 target price on the stock. KeyCorp reiterated a “hold” rating on shares of Helen of Troy in a research note on Friday, October 6th. ValuEngine upgraded shares of Helen of Troy from a “hold” rating to a “buy” rating in a research note on Tuesday, October 10th. Zacks Investment Research cut shares of Helen of Troy from a “hold” rating to a “sell” rating in a research note on Tuesday, December 5th. Finally, BidaskClub upgraded shares of Helen of Troy from a “buy” rating to a “strong-buy” rating in a research note on Saturday, December 9th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $99.67.

Helen of Troy (NASDAQ:HELE) traded up $1.00 during trading on Monday, reaching $97.10. 185,800 shares of the company traded hands, compared to its average volume of 170,993. Helen of Troy has a 1-year low of $85.40 and a 1-year high of $102.88. The stock has a market capitalization of $2,650.00, a PE ratio of 134.86, a PEG ratio of 13.33 and a beta of 0.91. The company has a current ratio of 1.89, a quick ratio of 0.85 and a debt-to-equity ratio of 0.41.

Helen of Troy (NASDAQ:HELE) last released its quarterly earnings results on Monday, January 8th. The company reported $2.52 earnings per share for the quarter, topping the consensus estimate of $2.07 by $0.45. Helen of Troy had a net margin of 6.93% and a return on equity of 18.28%. The business had revenue of $453.00 million for the quarter, compared to analysts’ expectations of $452.81 million. During the same period in the previous year, the company earned $2.37 earnings per share. The firm’s revenue for the quarter was up 1.9% compared to the same quarter last year. equities analysts predict that Helen of Troy will post 6.42 EPS for the current fiscal year.

In other Helen of Troy news, Director Timothy F. Meeker sold 2,500 shares of the business’s stock in a transaction dated Monday, October 23rd. The shares were sold at an average price of $94.00, for a total value of $235,000.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.57% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Flinton Capital Management LLC raised its position in shares of Helen of Troy by 66.0% in the second quarter. Flinton Capital Management LLC now owns 1,408 shares of the company’s stock valued at $133,000 after purchasing an additional 560 shares during the period. Riverhead Capital Management LLC raised its position in shares of Helen of Troy by 85.0% in the second quarter. Riverhead Capital Management LLC now owns 1,665 shares of the company’s stock valued at $157,000 after purchasing an additional 765 shares during the period. Citigroup Inc. raised its position in shares of Helen of Troy by 18.3% in the second quarter. Citigroup Inc. now owns 1,735 shares of the company’s stock valued at $163,000 after purchasing an additional 268 shares during the period. Victory Capital Management Inc. raised its position in shares of Helen of Troy by 17.7% in the second quarter. Victory Capital Management Inc. now owns 1,966 shares of the company’s stock valued at $185,000 after purchasing an additional 295 shares during the period. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Helen of Troy in the second quarter valued at approximately $213,000. 91.76% of the stock is currently owned by institutional investors.

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About Helen of Troy

Helen Of Troy Limited is a global consumer products company that offers a range of solutions for its customers through a range of brands. The Company is a global designer, developer, importer, marketer and distributor of a portfolio of brand-name consumer products. The Company has three segments. The Housewares segment provides a range of consumer products for the home.

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