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Helen of Troy (NASDAQ:HELE - Get Rating) had its target price hoisted by equities researchers at Canaccord Genuity Group from $120.00 to $130.00 in a research note issued on Tuesday, Benzinga reports. The brokerage presently has a "buy" rating on the stock. Canaccord Genuity Group's price target would suggest a potential upside of 14.82% from the stock's previous close.
HELE has been the subject of a number of other reports. DA Davidson raised Helen of Troy from a "neutral" rating to a "buy" rating and increased their price target for the company from $115.00 to $126.00 in a research note on Thursday, December 22nd. Bank of America upgraded shares of Helen of Troy from a "neutral" rating to a "buy" rating in a research report on Thursday, December 22nd. Canaccord Genuity Group initiated coverage on shares of Helen of Troy in a research report on Wednesday, November 16th. They set a "buy" rating and a $120.00 price objective for the company. Finally, StockNews.com initiated coverage on shares of Helen of Troy in a report on Wednesday, October 12th. They issued a "sell" rating on the stock. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $169.00.Helen of Troy Price Performance
NASDAQ HELE traded up $2.31 during trading hours on Tuesday, reaching $113.22. The company's stock had a trading volume of 409 shares, compared to its average volume of 372,205. Helen of Troy has a 1 year low of $82.94 and a 1 year high of $249.08. The company has a quick ratio of 1.02, a current ratio of 2.12 and a debt-to-equity ratio of 0.82. The company has a market capitalization of $2.72 billion, a price-to-earnings ratio of 16.08, a PEG ratio of 1.81 and a beta of 0.64. The firm's 50-day moving average price is $97.60 and its 200-day moving average price is $116.49.
Helen of Troy (NASDAQ:HELE - Get Rating) last released its earnings results on Wednesday, October 5th. The company reported $1.98 EPS for the quarter, topping the consensus estimate of $1.82 by $0.16. The firm had revenue of $521.40 million for the quarter, compared to the consensus estimate of $519.07 million. Helen of Troy had a net margin of 7.63% and a return on equity of 16.94%. The company's quarterly revenue was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.35 earnings per share. On average, equities research analysts predict that Helen of Troy will post 7.64 EPS for the current fiscal year. Institutional Investors Weigh In On Helen of Troy
Several institutional investors have recently made changes to their positions in the company. Bank of Montreal Can raised its position in Helen of Troy by 2.7% in the 1st quarter. Bank of Montreal Can now owns 1,886 shares of the company's stock worth $386,000 after purchasing an additional 50 shares during the period. Inspire Investing LLC raised its holdings in shares of Helen of Troy by 8.5% in the second quarter. Inspire Investing LLC now owns 1,305 shares of the company's stock worth $212,000 after buying an additional 102 shares during the period. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Helen of Troy by 9.0% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 1,334 shares of the company's stock worth $217,000 after acquiring an additional 110 shares during the last quarter. Quantamental Technologies LLC boosted its holdings in Helen of Troy by 3.4% during the 3rd quarter. Quantamental Technologies LLC now owns 3,336 shares of the company's stock valued at $322,000 after acquiring an additional 110 shares during the period. Finally, Aurora Investment Counsel grew its position in Helen of Troy by 3.7% in the 2nd quarter. Aurora Investment Counsel now owns 3,323 shares of the company's stock valued at $540,000 after acquiring an additional 120 shares during the last quarter. Institutional investors own 98.98% of the company's stock. Helen of Troy Company Profile (Get Rating)
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 through three segments: Home & Outdoor, Health & Wellness, and Beauty. The Home & Outdoor segment offers food preparation tools and gadgets, storage containers, and organization products; coffee makers, grinders, manual pour overs, and tea kettles; household cleaning products, shower organization, and bathroom accessories; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; insulated water bottles, hydration packs, drinkware, mugs, food containers, lunch containers, insulated totes, soft coolers, and accessories; and technical and outdoor sports packs, travel packs, luggage, daypacks, and everyday packs.Featured ArticlesGet a free copy of the StockNews.com research report on Helen of Troy (HELE)Can Investors Cash In On PayPal?These 3 Tech Stocks Are in for a Happier New YearTyson Foods: Growth, Momentum, Growth At A Reasonable PriceCan Duke Energy Stock Continue Powering Higher?Ready for a Recession? Here's One Defensive Stock You Can't Miss
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