Shares of Helen of Troy Limited (NASDAQ:HELE) have been assigned an average recommendation of “Buy” from the seven analysts that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is $137.50.
HELE has been the topic of a number of analyst reports. DA Davidson reissued a “buy” rating and issued a $148.00 price target on shares of Helen of Troy in a research note on Wednesday, October 10th. ValuEngine downgraded Helen of Troy from a “buy” rating to a “hold” rating in a research note on Thursday, August 2nd. BidaskClub downgraded Helen of Troy from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, October 9th. Finally, Zacks Investment Research downgraded Helen of Troy from a “buy” rating to a “hold” rating in a research note on Tuesday, September 11th.
Shares of HELE stock traded up $0.16 during trading hours on Monday, reaching $134.51. The company had a trading volume of 170,102 shares, compared to its average volume of 304,823. The company has a quick ratio of 1.18, a current ratio of 2.14 and a debt-to-equity ratio of 0.28. The company has a market cap of $3.53 billion, a P/E ratio of 19.93, a price-to-earnings-growth ratio of 3.13 and a beta of 0.75. Helen of Troy has a 1-year low of $81.10 and a 1-year high of $134.73.
In other Helen of Troy news, Director Gary B. Abromovitz sold 500 shares of the stock in a transaction dated Thursday, November 1st. The stock was sold at an average price of $125.25, for a total transaction of $62,625.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gary B. Abromovitz sold 640 shares of the stock in a transaction dated Tuesday, October 23rd. The stock was sold at an average price of $123.00, for a total value of $78,720.00. The disclosure for this sale can be found here. Company insiders own 0.62% of the company’s stock.
Hedge funds have recently added to or reduced their stakes in the business. IMA Wealth Inc. bought a new position in Helen of Troy during the 2nd quarter worth about $118,000. Bank of Montreal Can bought a new position in Helen of Troy during the 2nd quarter worth about $122,000. Fortis Advisors LLC bought a new position in Helen of Troy during the 2nd quarter worth about $128,000. Hartford Investment Management Co. bought a new position in Helen of Troy during the 3rd quarter worth about $216,000. Finally, Moneta Group Investment Advisors LLC bought a new position in Helen of Troy during the 2nd quarter worth about $162,000. Hedge funds and other institutional investors own 96.37% of the company’s stock.
About Helen of Troy
Helen of Troy Limited designs, develops, imports, markets, and distributes a portfolio of consumer products worldwide. It operates in three segments: Housewares, Health & Home, and Beauty. The Housewares segment offers food and beverage preparation tools and gadgets, storage containers, and organization products; household cleaning products, and shower organization, bathroom accessories, and gardening products; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; and insulated water bottles, jugs, drinkware, travel mugs, and food containers.
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