Helen of Troy (NASDAQ:HELE) Receives New Coverage from Analysts at Raymond James – Defense World
Raymond James began coverage on shares of Helen of Troy (NASDAQ:HELE – Get Rating) in a research report report published on Tuesday, The Fly reports. The brokerage issued a market perform rating on the stock.
A number of other equities analysts have also commented on the company. StockNews.com lowered Helen of Troy from a hold rating to a sell rating in a research note on Tuesday, July 5th. DA Davidson decreased their price objective on Helen of Troy from $244.00 to $175.00 and set a neutral rating on the stock in a report on Friday, July 8th. TheStreet cut shares of Helen of Troy from a b- rating to a c+ rating in a research report on Thursday, June 16th. Finally, CL King dropped their target price on shares of Helen of Troy from $282.00 to $206.00 in a research report on Tuesday, June 28th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of Hold and a consensus price target of $214.67.
Shares of NASDAQ:HELE opened at $136.44 on Tuesday. The company has a current ratio of 1.89, a quick ratio of 0.87 and a debt-to-equity ratio of 0.87. Helen of Troy has a 1 year low of $137.35 and a 1 year high of $256.26. The business has a fifty day simple moving average of $175.08 and a 200 day simple moving average of $198.68. The firm has a market cap of $3.27 billion, a price-to-earnings ratio of 17.34, a P/E/G ratio of 1.71 and a beta of 0.76.
Helen of Troy (NASDAQ:HELE – Get Rating) last posted its earnings results on Thursday, July 7th. The company reported $2.41 earnings per share for the quarter, beating the consensus estimate of $1.64 by $0.77. The company had revenue of $508.10 million for the quarter, compared to analyst estimates of $474.17 million. Helen of Troy had a return on equity of 18.08% and a net margin of 8.74%. The business’s revenue was down 6.1% compared to the same quarter last year. During the same period last year, the company earned $2.95 earnings per share. On average, sell-side analysts forecast that Helen of Troy will post 11.25 EPS for the current year.
In other news, Director Gary B. Abromovitz sold 1,038 shares of the stock in a transaction dated Thursday, May 5th. The shares were sold at an average price of $209.00, for a total transaction of $216,942.00. Following the completion of the transaction, the director now directly owns 6,047 shares in the company, valued at approximately $1,263,823. The transaction was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 0.88% of the company’s stock.
Several institutional investors have recently bought and sold shares of HELE. Cooke & Bieler LP raised its holdings in shares of Helen of Troy by 0.6% in the 4th quarter. Cooke & Bieler LP now owns 1,358,991 shares of the company’s stock valued at $332,233,000 after purchasing an additional 7,980 shares during the period. ProShare Advisors LLC raised its holdings in Helen of Troy by 54.8% in the 4th quarter. ProShare Advisors LLC now owns 7,521 shares of the company’s stock valued at $1,838,000 after acquiring an additional 2,664 shares during the period. Bridgewater Associates LP raised its holdings in Helen of Troy by 7.6% in the 4th quarter. Bridgewater Associates LP now owns 50,032 shares of the company’s stock valued at $12,231,000 after acquiring an additional 3,521 shares during the period. Pier 88 Investment Partners LLC raised its holdings in Helen of Troy by 32.2% in the 4th quarter. Pier 88 …….