Helen of Troy (NASDAQ:HELE) PT Lowered to $100.00 at UBS Group

Helen of Troy (NASDAQ:HELE) had its price objective lowered by equities researchers at UBS Group from $121.00 to $100.00 in a research note issued to investors on Thursday, Benzinga reports. The firm currently has a “neutral” rating on the stock. UBS Group’s target price would suggest a potential upside of 9.75% from the stock’s previous close.

HELE has been the topic of several other reports. DA Davidson dropped their price target on shares of Helen of Troy from $151.00 to $139.00 and set a “buy” rating on the stock in a research report on Thursday. StockNews.com raised Helen of Troy from a “hold” rating to a “buy” rating in a research note on Tuesday, January 9th.

Helen of Troy Stock Up 0.5 %

Shares of NASDAQ:HELE traded up $0.41 during trading on Thursday, hitting $91.12. 137,986 shares of the company were exchanged, compared to its average volume of 241,382. The stock has a market capitalization of $2.16 billion, a P/E ratio of 13.45, a PEG ratio of 1.49 and a beta of 0.80. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.76 and a quick ratio of 0.98. Helen of Troy has a 12-month low of $81.14 and a 12-month high of $143.68. The firm’s 50 day moving average price is $113.90 and its 200-day moving average price is $112.44.

Helen of Troy (NASDAQ:HELE) last announced its quarterly earnings data on Wednesday, April 24th. The company reported $2.11 earnings per share for the quarter, topping the consensus estimate of $2.00 by $0.11. Helen of Troy had a net margin of 8.10% and a return on equity of 12.14%. The business had revenue of $489.20 million for the quarter, compared to analyst estimates of $477.88 million. On average, research analysts predict that Helen of Troy will post 7.57 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in HELE. Strs Ohio acquired a new position in Helen of Troy in the 3rd quarter worth about $93,000. Advisor Partners II LLC purchased a new stake in Helen of Troy during the third quarter valued at about $202,000. ARGA Investment Management LP purchased a new position in shares of Helen of Troy in the first quarter worth about $218,000. AlphaMark Advisors LLC purchased a new position in shares of Helen of Troy during the 3rd quarter worth approximately $219,000. Finally, SG Americas Securities LLC grew its stake in shares of Helen of Troy by 101.5% in the 3rd quarter. SG Americas Securities LLC now owns 2,114 shares of the company’s stock worth $246,000 after buying an additional 1,065 shares during the last quarter.

About Helen of Troy

Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates in two segments: Home & Outdoor and Beauty & Wellness. The Home & Outdoor segment offers food preparation tools and gadgets, storage containers, and organization products; coffee makers, grinders, manual pour overs, and tea kettles; household cleaning products, shower organization, and bathroom accessories; feeding and drinking products, child seating, cleaning tools, and nursery accessories; insulated hydration bottles, hydration packs, drinkware, mugs, food containers, lunch containers, insulated totes, soft coolers, and accessories; and technical and outdoor sports packs, travel packs and accessories, luggage, daypacks, and everyday packs.