UBS Group Has Lowered Expectations for Helen of Troy (NASDAQ:HELE) Stock Price

Helen of Troy (NASDAQ:HELE - Get Free Report) had its price target reduced by equities researchers at UBS Group from $79.00 to $69.00 in a report released on Tuesday,Benzinga reports. The brokerage presently has a "neutral" rating on the stock. UBS Group's price objective points to a potential upside of 16.38% from the company's previous close.

Several other analysts also recently commented on the company. Canaccord Genuity Group restated a "buy" rating and issued a $84.00 target price on shares of Helen of Troy in a research note on Monday, October 7th. DA Davidson raised their price objective on Helen of Troy from $71.00 to $78.00 and gave the company a "neutral" rating in a research note on Monday, November 25th.

Helen of Troy Trading Down 0.8 %

Shares of NASDAQ:HELE traded down $0.46 during midday trading on Tuesday, reaching $59.29. The company's stock had a trading volume of 947,036 shares, compared to its average volume of 627,156. Helen of Troy has a fifty-two week low of $48.05 and a fifty-two week high of $127.83. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.85 and a current ratio of 1.77. The firm has a 50 day moving average price of $66.05 and a two-hundred day moving average price of $64.04. The firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of 9.91, a PEG ratio of 1.34 and a beta of 0.90.

Helen of Troy (NASDAQ:HELE - Get Free Report) last issued its quarterly earnings results on Wednesday, October 9th. The company reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.16. The firm had revenue of $474.20 million for the quarter, compared to analyst estimates of $458.85 million. Helen of Troy had a return on equity of 9.31% and a net margin of 7.35%. The company's revenue was down 3.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.45 earnings per share. As a group, analysts forecast that Helen of Troy will post 6.37 earnings per share for the current year.

Institutional Investors Weigh In On Helen of Troy

Institutional investors and hedge funds have recently made changes to their positions in the business. GAMMA Investing LLC increased its holdings in Helen of Troy by 96.0% during the 4th quarter. GAMMA Investing LLC now owns 484 shares of the company's stock worth $29,000 after purchasing an additional 237 shares in the last quarter. Public Employees Retirement System of Ohio grew its holdings in Helen of Troy by 30.3% during the third quarter. Public Employees Retirement System of Ohio now owns 783 shares of the company's stock worth $48,000 after buying an additional 182 shares in the last quarter. Signaturefd LLC purchased a new stake in Helen of Troy in the 3rd quarter valued at $61,000. Mercer Global Advisors Inc. ADV bought a new position in Helen of Troy during the 2nd quarter valued at $270,000. Finally, Inspire Investing LLC boosted its holdings in Helen of Troy by 22.8% during the 2nd quarter. Inspire Investing LLC now owns 3,788 shares of the company's stock worth $351,000 after acquiring an additional 704 shares during the last quarter.

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.