UBS Group Lowers Helen of Troy (NASDAQ:HELE) Price Target to $100.00

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

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

Helen of Troy Stock Up 0.5 %

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

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

Institutional Trading of Helen of Troy

Large investors have recently made changes to their positions in the company. SG Americas Securities LLC increased its stake in Helen of Troy by 101.5% in the third quarter. SG Americas Securities LLC now owns 2,114 shares of the company’s stock valued at $246,000 after purchasing an additional 1,065 shares in the last quarter. Raymond James & Associates increased its holdings in shares of Helen of Troy by 24.5% in the 3rd quarter. Raymond James & Associates now owns 2,895 shares of the company’s stock worth $337,000 after buying an additional 569 shares during the last quarter. New York State Teachers Retirement System boosted its position in Helen of Troy by 8.4% during the 3rd quarter. New York State Teachers Retirement System now owns 28,314 shares of the company’s stock valued at $3,300,000 after buying an additional 2,203 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Helen of Troy by 12.5% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,976 shares of the company’s stock valued at $580,000 after purchasing an additional 553 shares in the last quarter. Finally, Strs Ohio purchased a new position in Helen of Troy during the 3rd quarter valued at about $93,000.

Helen of Troy Company Profile

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.