Helen of Troy (NASDAQ:HELE) Trading Down 3.7% - What's Next?

Helen of Troy Limited (NASDAQ:HELE - Get Free Report) shares fell 3.7% during mid-day trading on Tuesday . The company traded as low as $51.75 and last traded at $51.05. 17,881 shares were traded during trading, a decline of 96% from the average session volume of 483,372 shares. The stock had previously closed at $53.00.

Wall Street Analyst Weigh In

Several brokerages recently commented on HELE. UBS Group reduced their target price 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 raised shares of Helen of Troy from a "hold" rating to a "buy" rating in a research note on Wednesday, February 12th.

Helen of Troy Stock Down 0.1 %

The firm has a market cap of $1.23 billion, a price-to-earnings ratio of 10.89, a PEG ratio of 1.80 and a beta of 0.90. The firm has a 50 day moving average of $57.16 and a 200 day moving average of $61.96. The company has a quick ratio of 1.05, a current ratio of 1.92 and a debt-to-equity ratio of 0.45.

Helen of Troy (NASDAQ:HELE - Get Free Report) last announced its quarterly earnings data on Wednesday, January 8th. The company reported $2.67 EPS for the quarter, topping the consensus estimate 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 company had revenue of $530.70 million during the quarter, compared to the consensus estimate of $532.91 million. During the same quarter last year, the firm posted $2.79 EPS. The company's quarterly revenue was down 3.4% on a year-over-year basis. As a group, sell-side analysts predict that Helen of Troy Limited will post 6.46 earnings per share for the current year.

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Hedge Funds Weigh In On Helen of Troy

Institutional investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio increased its position in Helen of Troy by 30.3% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 783 shares of the company's stock valued at $48,000 after buying an additional 182 shares in the last quarter. Canada Pension Plan Investment Board increased its holdings in shares of Helen of Troy by 66.7% during the fourth quarter. Canada Pension Plan Investment Board now owns 500 shares of the company's stock valued at $30,000 after acquiring an additional 200 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Helen of Troy by 96.0% during the fourth quarter. GAMMA Investing LLC now owns 484 shares of the company's stock worth $29,000 after purchasing an additional 237 shares during the period. Swiss National Bank lifted its holdings in shares of Helen of Troy by 0.9% in the 4th quarter. Swiss National Bank now owns 45,000 shares of the company's stock worth $2,692,000 after purchasing an additional 400 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Helen of Troy by 3.8% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,970 shares of the company's stock valued at $776,000 after purchasing an additional 477 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.