Helen of Troy (HELE) Rating Reiterated by DA Davidson

DA Davidson reaffirmed their buy rating on shares of Helen of Troy (NASDAQ:HELE) in a research report report published on Thursday, Zacks.com reports.

A number of other equities research analysts have also recently weighed in on HELE. BidaskClub raised Helen of Troy from a strong sell rating to a sell rating in a report on Saturday, March 16th. Zacks Investment Research raised Helen of Troy from a sell rating to a hold rating in a report on Friday, February 22nd. Finally, ValuEngine cut Helen of Troy from a buy rating to a hold rating in a report on Wednesday, April 3rd. Two investment analysts have rated the stock with a sell rating and three have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of $141.67.

Shares of HELE opened at $140.29 on Thursday. Helen of Troy has a 1 year low of $86.35 and a 1 year high of $145.46. The company has a quick ratio of 1.11, a current ratio of 2.01 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $3.59 billion, a PE ratio of 19.30, a P/E/G ratio of 3.30 and a beta of 0.58.

Helen of Troy (NASDAQ:HELE) last issued its earnings results on Friday, April 26th. The company reported $1.82 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.38 by $0.44. Helen of Troy had a return on equity of 18.45% and a net margin of 12.19%. The business had revenue of $384.80 million during the quarter, compared to analysts’ expectations of $364.66 million. During the same period in the prior year, the firm posted $1.69 EPS. Helen of Troy’s quarterly revenue was down .7% compared to the same quarter last year. As a group, equities research analysts expect that Helen of Troy will post 7.3 earnings per share for the current year.

Hedge funds have recently added to or reduced their stakes in the stock. Penserra Capital Management LLC acquired a new stake in Helen of Troy during the 4th quarter valued at $28,000. Resources Investment Advisors Inc. acquired a new stake in Helen of Troy during the 4th quarter valued at $31,000. Ffcm LLC bought a new position in Helen of Troy in the 4th quarter valued at $37,000. Flagship Harbor Advisors LLC boosted its position in Helen of Troy by 240.9% in the 4th quarter. Flagship Harbor Advisors LLC now owns 300 shares of the company’s stock valued at $39,000 after buying an additional 212 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. bought a new position in Helen of Troy in the 4th quarter valued at $63,000. 94.41% of the stock is owned by hedge funds and other institutional investors.

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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