Helen of Troy (NASDAQ:HELE) Given New $139.00 Price Target at DA Davidson

Helen of Troy (NASDAQ:HELE) had its price target cut by analysts at DA Davidson from $151.00 to $139.00 in a research report issued on Thursday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. DA Davidson’s price objective points to a potential upside of 53.24% from the stock’s current price.

HELE has been the topic of a number of other reports. UBS Group boosted their price target on Helen of Troy from $119.00 to $129.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 9th. StockNews.com raised Helen of Troy from a “hold” rating to a “buy” rating in a research report on Tuesday, January 9th.

Helen of Troy Stock Performance

Helen of Troy stock opened at $90.71 on Thursday. The stock’s 50 day simple moving average is $113.90 and its two-hundred day simple moving average is $112.44. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.98 and a current ratio of 1.76. The stock has a market cap of $2.15 billion, a price-to-earnings ratio of 13.40, a PEG ratio of 1.49 and a beta of 0.80. Helen of Troy has a fifty-two week low of $81.14 and a fifty-two week high of $143.68.

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

Hedge Funds Weigh In On Helen of Troy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in Helen of Troy by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 2,408,664 shares of the company’s stock valued at $280,754,000 after acquiring an additional 16,124 shares in the last quarter. Capital Research Global Investors lifted its position in Helen of Troy by 6.9% in the 4th quarter. Capital Research Global Investors now owns 1,761,029 shares of the company’s stock valued at $212,750,000 after acquiring an additional 114,215 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in Helen of Troy by 1.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 920,098 shares of the company’s stock valued at $106,032,000 after acquiring an additional 13,206 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Helen of Troy by 3.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 334,551 shares of the company’s stock valued at $38,995,000 after buying an additional 11,285 shares during the last quarter. Finally, Northern Trust Corp raised its stake in Helen of Troy by 8.9% during the 3rd quarter. Northern Trust Corp now owns 329,849 shares of the company’s stock valued at $38,447,000 after buying an additional 26,990 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.