Prescott Group Capital Management L.L.C. Invests $2.34 Million in Helen of Troy Limited $HELE

Prescott Group Capital Management L.L.C. bought a new position in Helen of Troy Limited (NASDAQ:HELE) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 110,291 shares of the company’s stock, valued at approximately $2,344,000.

Several other institutional investors have also recently made changes to their positions in the company. iSAM Funds UK Ltd bought a new position in Helen of Troy during the 3rd quarter valued at approximately $27,000. Allworth Financial LP increased its position in Helen of Troy by 922.7% during the 4th quarter. Allworth Financial LP now owns 1,350 shares of the company’s stock valued at $29,000 after buying an additional 1,218 shares in the last quarter. Farther Finance Advisors LLC increased its position in Helen of Troy by 5,529.2% during the 4th quarter. Farther Finance Advisors LLC now owns 1,351 shares of the company’s stock valued at $29,000 after buying an additional 1,327 shares in the last quarter. Larson Financial Group LLC increased its position in Helen of Troy by 1,323.2% during the 3rd quarter. Larson Financial Group LLC now owns 1,352 shares of the company’s stock valued at $34,000 after buying an additional 1,257 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in Helen of Troy by 216.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,998 shares of the company’s stock valued at $57,000 after purchasing an additional 1,366 shares during the last quarter.

Helen of Troy Stock Performance

Shares of HELE opened at $23.95 on Thursday. The company has a quick ratio of 0.81, a current ratio of 1.71 and a debt-to-equity ratio of 0.95. The business has a 50-day simple moving average of $18.97 and a two-hundred day simple moving average of $18.99. The stock has a market cap of $557.08 million, a price-to-earnings ratio of -0.61 and a beta of 1.29. Helen of Troy Limited has a 52 week low of $13.85 and a 52 week high of $33.73.

Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings results on Thursday, April 23rd. The company reported $0.83 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.09. The business had revenue of $470.03 million during the quarter, compared to analysts’ expectations of $450.38 million. Helen of Troy had a positive return on equity of 7.00% and a negative net margin of 50.33%.The business’s quarterly revenue was down 3.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.33 earnings per share. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. On average, analysts expect that Helen of Troy Limited will post 2.81 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have commented on HELE. Wall Street Zen upgraded Helen of Troy from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. UBS Group raised their price target on Helen of Troy from $16.00 to $25.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Canaccord Genuity Group raised their price target on Helen of Troy from $18.00 to $23.00 and gave the stock a “hold” rating in a research note on Friday, April 24th. Zacks Research upgraded Helen of Troy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Helen of Troy in a research report on Friday, March 27th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Helen of Troy presently has a consensus rating of “Moderate Buy” and a consensus price target of $24.00.

Helen of Troy Company Profile

Helen of Troy Limited is a global consumer products company that designs, sources and markets a diversified portfolio of household, health and beauty brands. Headquartered in El Paso, Texas, the company operates through three principal segments—Health & Home, Housewares and Beauty—offering products under well-known names including OXO, Vicks, Braun, Honeywell Home, PUR and Hot Tools. Helen of Troy distributes its products through a combination of mass, specialty and e-commerce channels to consumers, retailers and distributors worldwide.

The Housewares segment features kitchen tools, gadgets and organizational solutions marketed primarily under the OXO brand, recognized for its ergonomic “Good Grips” design.