Helen of Troy (NASDAQ:HELE) Price Target Raised to $172.00

Helen of Troy (NASDAQ:HELE) had its target price lifted by DA Davidson from $167.00 to $172.00 in a report released on Monday morning, The Fly reports. DA Davidson currently has a buy rating on the stock.

A number of other equities research analysts have also commented on HELE. BidaskClub upgraded Helen of Troy from a sell rating to a hold rating in a research report on Friday, July 19th. Sidoti lowered Helen of Troy from a buy rating to a neutral rating in a report on Wednesday, May 8th. Bank of America lifted their price target on Helen of Troy from $160.00 to $165.00 and gave the company a buy rating in a report on Wednesday, July 10th. Finally, ValuEngine upgraded Helen of Troy from a hold rating to a buy rating in a report on Friday, April 26th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of $168.50.

Shares of NASDAQ HELE opened at $152.34 on Monday. Helen of Troy has a one year low of $108.31 and a one year high of $153.93. The firm has a market capitalization of $3.72 billion, a PE ratio of 20.95, a PEG ratio of 2.90 and a beta of 0.64. The company has a current ratio of 2.20, a quick ratio of 1.04 and a debt-to-equity ratio of 0.35. The business has a 50-day moving average price of $146.10 and a two-hundred day moving average price of $129.82.

Helen of Troy (NASDAQ:HELE) last announced its quarterly earnings data on Tuesday, July 9th. The company reported $1.78 EPS for the quarter, topping the Zacks’ consensus estimate of $1.40 by $0.38. Helen of Troy had a return on equity of 18.61% and a net margin of 10.81%. The firm had revenue of $376.30 million during the quarter, compared to analyst estimates of $351.54 million. During the same period last year, the company posted $1.87 EPS. The business’s quarterly revenue was up 6.1% compared to the same quarter last year. Research analysts anticipate that Helen of Troy will post 7.64 EPS for the current year.

In other news, Director Vincent D. Carson sold 13,415 shares of Helen of Troy stock in a transaction dated Friday, July 12th. The stock was sold at an average price of $146.08, for a total transaction of $1,959,663.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.77% of the stock is owned by insiders.

Institutional investors have recently made changes to their positions in the company. BB&T Corp acquired a new stake in shares of Helen of Troy during the 2nd quarter valued at about $786,000. Strs Ohio raised its stake in shares of Helen of Troy by 9.3% in the 1st quarter. Strs Ohio now owns 11,800 shares of the company’s stock valued at $1,368,000 after acquiring an additional 1,000 shares in the last quarter. Peregrine Asset Advisers Inc. bought a new position in shares of Helen of Troy in the 1st quarter valued at approximately $2,324,000. Hillcrest Asset Management LLC raised its stake in shares of Helen of Troy by 36.0% in the 1st quarter. Hillcrest Asset Management LLC now owns 121,675 shares of the company’s stock valued at $14,109,000 after acquiring an additional 32,192 shares in the last quarter. Finally, Stevens Capital Management LP raised its stake in shares of Helen of Troy by 51.9% in the 2nd quarter. Stevens Capital Management LP now owns 17,907 shares of the company’s stock valued at $2,338,000 after acquiring an additional 6,121 shares in the last quarter. Institutional investors and hedge funds own 93.92% of the company’s stock.

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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