Helen of Troy (NASDAQ:HELE) Price Target Cut to $72.00 by Analysts at UBS Group

Helen of Troy (NASDAQ:HELE) had its price target reduced by UBS Group from $100.00 to $72.00 in a report issued on Wednesday, Benzinga reports. The firm presently has a “neutral” rating on the stock. UBS Group’s price target points to a potential upside of 16.11% from the company’s current price.

Separately, DA Davidson lowered shares of Helen of Troy from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $139.00 to $67.00 in a report on Wednesday.

Helen of Troy Stock Performance

Helen of Troy stock traded down $2.32 during mid-day trading on Wednesday, hitting $62.01. The company had a trading volume of 455,249 shares, compared to its average volume of 302,438. The company has a current ratio of 1.87, a quick ratio of 0.99 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 8.78, a P/E/G ratio of 1.38 and a beta of 0.84. The company’s fifty day moving average is $99.51 and its 200-day moving average is $109.63. Helen of Troy has a 12-month low of $60.00 and a 12-month high of $143.68.

Helen of Troy (NASDAQ:HELE) last posted its quarterly earnings data on Tuesday, July 9th. The company reported $0.99 EPS for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.60). Helen of Troy had a net margin of 8.41% and a return on equity of 11.65%. The business had revenue of $416.80 million during the quarter, compared to analysts’ expectations of $445.85 million. During the same quarter last year, the firm earned $1.58 earnings per share. The firm’s quarterly revenue was down 12.2% compared to the same quarter last year. Equities research analysts predict that Helen of Troy will post 8.07 EPS for the current year.

Institutional Trading of Helen of Troy

Institutional investors and hedge funds have recently bought and sold shares of the stock. Graham Capital Management L.P. boosted its position in shares of Helen of Troy by 73.5% during the 3rd quarter. Graham Capital Management L.P. now owns 10,694 shares of the company’s stock worth $1,246,000 after purchasing an additional 4,532 shares during the period. Wellington Management Group LLP grew its stake in shares of Helen of Troy by 13.7% in the third quarter. Wellington Management Group LLP now owns 85,303 shares of the company’s stock valued at $9,943,000 after buying an additional 10,294 shares in the last quarter. Teachers Retirement System of The State of Kentucky lifted its stake in Helen of Troy by 16.0% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 28,705 shares of the company’s stock worth $3,346,000 after acquiring an additional 3,959 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Helen of Troy by 0.7% during 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 during the period. Finally, Raymond James & Associates increased its stake in Helen of Troy by 15.2% during the fourth quarter. Raymond James & Associates now owns 3,336 shares of the company’s stock worth $403,000 after purchasing an additional 441 shares during the period.

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 storage containers, kitchen utensils for cooking and preparing salads, fruits, vegetables and meats, graters, slicers and choppers, baking essentials, kitchen organization, bath, cleaning, infant and toddler products, and coffee preparation tools and electronics; and insulated beverageware, including bottles, travel tumblers, drinkware, mugs, food and lunch containers, insulated totes, soft coolers, outdoor kitchenware, and accessories.