Helen of Troy (NASDAQ:HELE) Trading 5.1% Higher - Here's What Happened

Helen of Troy Limited (NASDAQ:HELE - Get Free Report)'s share price rose 5.1% on Friday . The company traded as high as $62.39 and last traded at $62.00. Approximately 278,317 shares traded hands during mid-day trading, a decline of 58% from the average daily volume of 659,103 shares. The stock had previously closed at $58.97.

Wall Street Analyst Weigh In

Several research firms have commented on HELE. Canaccord Genuity Group reiterated a "buy" rating and set a $84.00 price objective on shares of Helen of Troy in a research note on Monday, October 7th. UBS Group decreased their price objective on Helen of Troy from $79.00 to $69.00 and set a "neutral" rating on the stock in a report on Tuesday. Finally, DA Davidson upped their target price on shares of Helen of Troy from $71.00 to $78.00 and gave the stock a "neutral" rating in a report on Monday, November 25th.

Helen of Troy Stock Performance

The company has a quick ratio of 0.85, a current ratio of 1.77 and a debt-to-equity ratio of 0.45. The stock has a 50-day moving average of $65.85 and a 200 day moving average of $63.97. The stock has a market cap of $1.42 billion, a PE ratio of 10.36, a P/E/G ratio of 1.34 and a beta of 0.90.

Helen of Troy (NASDAQ:HELE - Get Free Report) last announced its quarterly earnings data on Wednesday, January 8th. The company reported $2.67 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.60 by $0.07. The firm had revenue of $530.70 million during the quarter, compared to analyst estimates of $532.91 million. Helen of Troy had a net margin of 7.35% and a return on equity of 9.31%. Helen of Troy's quarterly revenue was down 3.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.79 earnings per share. Equities analysts predict that Helen of Troy Limited will post 6.37 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. GAMMA Investing LLC increased its stake in 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. Public Employees Retirement System of Ohio increased its stake in Helen of Troy by 30.3% during the 3rd 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 during the period. Signaturefd LLC acquired a new stake in Helen of Troy during the 3rd quarter worth approximately $61,000. Mercer Global Advisors Inc. ADV purchased a new position in Helen of Troy in the 2nd quarter valued at approximately $270,000. Finally, Exchange Traded Concepts LLC acquired a new position in shares of Helen of Troy in the third quarter worth $315,000.

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.