Helen of Troy (NASDAQ:HELE) Sets New 1-Year Low - What's Next?

Shares of Helen of Troy Limited (NASDAQ:HELE - Get Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $46.03 and last traded at $46.94, with a volume of 120884 shares changing hands. The stock had previously closed at $53.26.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. UBS Group dropped their price target on Helen of Troy from $79.00 to $69.00 and set a "neutral" rating on the stock in a report on Tuesday, January 7th. StockNews.com upgraded Helen of Troy from a "hold" rating to a "buy" rating in a research note on Wednesday, February 12th.

Helen of Troy Price Performance

The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45. The stock has a market cap of $828.53 million, a PE ratio of 7.31, a PEG ratio of 1.80 and a beta of 0.89. The business has a 50-day moving average price of $55.15 and a 200 day moving average price of $61.65.

Helen of Troy (NASDAQ:HELE - Get Free Report) last issued its earnings results on Wednesday, January 8th. The company reported $2.67 earnings per share for the quarter, topping analysts' consensus estimates of $2.60 by $0.07. Helen of Troy had a net margin of 6.05% and a return on equity of 9.13%. The firm had revenue of $530.70 million during the quarter, compared to analyst estimates of $532.91 million. During the same quarter last year, the business earned $2.79 earnings per share. The company's quarterly revenue was down 3.4% on a year-over-year basis. As a group, research analysts forecast that Helen of Troy Limited will post 6.46 earnings per share for the current fiscal year.

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Institutional Trading of Helen of Troy

Institutional investors have recently added to or reduced their stakes in the stock. Cooper Creek Partners Management LLC bought a new stake in shares of Helen of Troy during the fourth quarter valued at about $41,248,000. Arrowstreet Capital Limited Partnership grew its stake in Helen of Troy by 446.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 646,746 shares of the company's stock valued at $38,695,000 after acquiring an additional 528,305 shares in the last quarter. Medina Value Partners LLC increased its holdings in Helen of Troy by 303.8% during the 4th quarter. Medina Value Partners LLC now owns 318,463 shares of the company's stock worth $19,054,000 after acquiring an additional 239,593 shares during the period. Janus Henderson Group PLC lifted its stake in Helen of Troy by 1,693.4% in the 3rd quarter. Janus Henderson Group PLC now owns 201,942 shares of the company's stock worth $12,490,000 after purchasing an additional 190,682 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in Helen of Troy by 104.3% in the 4th quarter. Bank of New York Mellon Corp now owns 349,205 shares of the company's stock valued at $20,893,000 after purchasing an additional 178,310 shares during the period.

About Helen of Troy

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.