Helen of Troy (HELE) Rating Lowered to Hold at BidaskClub

Helen of Troy (NASDAQ:HELE) was downgraded by BidaskClub from a “buy” rating to a “hold” rating in a report released on Wednesday.

Several other brokerages also recently commented on HELE. ValuEngine downgraded shares of Helen of Troy from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Zacks Investment Research upgraded shares of Helen of Troy from a “hold” rating to a “buy” rating and set a $108.00 price objective for the company in a research report on Tuesday, January 23rd. KeyCorp restated a “hold” rating on shares of Helen of Troy in a research report on Friday, November 24th. Finally, TheStreet downgraded shares of Helen of Troy from a “b” rating to a “c” rating in a research report on Monday, January 8th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. Helen of Troy has an average rating of “Hold” and an average price target of $101.75.

Helen of Troy (HELE) opened at $91.50 on Wednesday. Helen of Troy has a 1 year low of $83.60 and a 1 year high of $102.88. The company has a market cap of $2,479.71, a P/E ratio of 125.34, a price-to-earnings-growth ratio of 6.08 and a beta of 0.79. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.94 and a current ratio of 1.73.

Helen of Troy (NASDAQ:HELE) last announced its quarterly earnings data on Monday, January 8th. The company reported $2.52 EPS for the quarter, beating the consensus estimate of $2.07 by $0.45. Helen of Troy had a net margin of 1.28% and a return on equity of 18.37%. The business had revenue of $453.00 million during the quarter, compared to the consensus estimate of $452.81 million. During the same period in the previous year, the business earned $2.37 earnings per share. The company’s revenue was up 1.9% on a year-over-year basis. equities research analysts anticipate that Helen of Troy will post 6.52 EPS for the current year.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Cubist Systematic Strategies LLC bought a new stake in shares of Helen of Troy during the second quarter worth $213,000. Crossmark Global Holdings Inc. bought a new stake in shares of Helen of Troy during the third quarter worth $244,000. Xact Kapitalforvaltning AB bought a new stake in shares of Helen of Troy during the fourth quarter worth $255,000. Meadow Creek Investment Management LLC grew its stake in shares of Helen of Troy by 25.2% during the fourth quarter. Meadow Creek Investment Management LLC now owns 2,838 shares of the company’s stock worth $273,000 after buying an additional 572 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of Helen of Troy during the fourth quarter worth $316,000. Institutional investors and hedge funds own 90.09% of the company’s stock.

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Helen of Troy Company Profile

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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