Helen of Troy (NASDAQ:HELE) Stock Price Down 4% – Time to Sell?

Helen of Troy Limited (NASDAQ:HELE) shares were down 4% on Wednesday. The company traded as low as $28.49 and last traded at $28.2380. Approximately 20,543 shares changed hands during trading, a decline of 97% from the average session volume of 602,444 shares. The stock had previously closed at $29.42.

Analyst Upgrades and Downgrades

HELE has been the subject of several recent analyst reports. UBS Group upped their target price on shares of Helen of Troy from $28.00 to $29.00 and gave the stock a “neutral” rating in a report on Friday, October 9th. Canaccord Genuity Group raised their price target on Helen of Troy from $25.00 to $26.00 and gave the company a “hold” rating in a report on Tuesday, October 6th. Weiss Ratings restated a “sell (d-)” rating on shares of Helen of Troy in a research report on Monday. Zacks Research raised Helen of Troy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 13th. Finally, Wall Street Zen upgraded Helen of Troy from a “hold” rating to a “strong-buy” rating in a research report on Sunday, July 12th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $27.50.

Helen of Troy Stock Performance

The firm’s 50-day moving average price is $28.14 and its 200-day moving average price is $26.21. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.65 and a quick ratio of 0.75. The stock has a market cap of $677.17 million, a P/E ratio of -6.64 and a beta of 1.34.

Helen of Troy (NASDAQ:HELE) last issued its earnings results on Thursday, October 8th. The company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.29. The firm had revenue of $440.93 million during the quarter, compared to analyst estimates of $442.33 million. Helen of Troy had a negative net margin of 5.43% and a positive return on equity of 7.73%. Helen of Troy’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.59 earnings per share. Helen of Troy has set its FY 2027 guidance at 3.600-4.150 EPS. Sell-side analysts expect that Helen of Troy Limited will post 2.96 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in HELE. IFP Advisors Inc increased its holdings in shares of Helen of Troy by 122.0% in the second quarter. IFP Advisors Inc now owns 1,230 shares of the company’s stock worth $36,000 after purchasing an additional 676 shares during the last quarter. Meeder Asset Management Inc. purchased a new stake in shares of Helen of Troy in the second quarter worth about $29,000. Versant Capital Management Inc lifted its position in shares of Helen of Troy by 54.5% in the second quarter. Versant Capital Management Inc now owns 3,618 shares of the company’s stock worth $105,000 after buying an additional 1,277 shares in the last quarter. Allworth Financial LP boosted its stake in Helen of Troy by 142.2% during the second quarter. Allworth Financial LP now owns 2,589 shares of the company’s stock valued at $75,000 after buying an additional 1,520 shares during the last quarter. Finally, Integrated Wealth Concepts LLC bought a new position in Helen of Troy during the second quarter valued at approximately $61,000.

Helen of Troy Company Profile

Helen of Troy Limited is a global consumer products company that develops, markets and distributes branded products across the home and outdoor, beauty, and health and wellness categories. Its portfolio includes household and organization products, drinkware and outdoor equipment, personal-care appliances, hair-care products, and consumer health products.

The company’s principal brands include OXO, Hydro Flask, Osprey, Drybar and Hot Tools. Helen of Troy also markets certain health and wellness products under licensed brands, including Vicks, Braun and Honeywell, as well as beauty products under selected licensed and owned brands.