Trading Report: Today, Brokerages give average Rating of “Buy” to Zacks: Helen of Troy Ltd. (HELE)

Today, Brokerages give average Rating of “Buy” to Zacks: Helen of Troy Ltd. (HELE)

Shares of Helen of Troy Ltd. (NASDAQ:HELE) have been given a consensus broker rating score of 1.67 (Buy) from the three brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating and two have assigned a strong buy rating to the company.

Analysts have set a one year consensus target price of $105.00 for the company and are forecasting that the company will post $1.82 EPS for the current quarter, according to Zacks. Zacks has also given Helen of Troy an industry rank of 100 out of 265 based on the ratings given to related companies.

HELE has been the subject of a number of analyst reports. Jefferies Group set a $114.00 price objective on Helen of Troy and gave the stock a “buy” rating in a research report on Monday, August 1st. Sidoti upgraded Helen of Troy from a “neutral” rating to a “buy” rating and set a $112.00 price objective for the company in a research report on Friday, August 19th. KeyCorp restated a “hold” rating on shares of Helen of Troy in a research report on Thursday, October 6th. Finally, Zacks Investment Research upgraded Helen of Troy from a “sell” rating to a “hold” rating in a research report on Tuesday, November 1st.

Helen of Troy (NASDAQ:HELE) opened at 88.85 on Tuesday. Helen of Troy has a 52-week low of $77.50 and a 52-week high of $106.50. The firm’s 50-day moving average price is $83.03 and its 200-day moving average price is $92.67. The firm has a market cap of $2.48 billion, a P/E ratio of 24.24 and a beta of 0.96.

Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings data on Thursday, October 6th. The company reported $1.31 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.14 by $0.17. Helen of Troy had a return on equity of 18.63% and a net margin of 6.70%. The company earned $368.17 million during the quarter. During the same quarter last year, the business earned $1.12 earnings per share. Helen of Troy’s revenue was down .3% compared to the same quarter last year. Equities research analysts expect that Helen of Troy will post $6.05 EPS for the current year.

Large investors have recently modified their holdings of the company. Neuberger Berman Group LLC increased its stake in shares of Helen of Troy by 0.4% in the second quarter. Neuberger Berman Group LLC now owns 11,621 shares of the company’s stock worth $1,195,000 after buying an additional 44 shares during the last quarter. F&V Capital Management LLC increased its stake in shares of Helen of Troy by 0.6% in the third quarter. F&V Capital Management LLC now owns 9,500 shares of the company’s stock worth $819,000 after buying an additional 60 shares during the last quarter. LS Investment Advisors LLC increased its stake in shares of Helen of Troy by 5.6% in the third quarter. LS Investment Advisors LLC now owns 1,789 shares of the company’s stock worth $154,000 after buying an additional 95 shares during the last quarter. State Treasurer State of Michigan increased its stake in shares of Helen of Troy by 0.9% in the third quarter. State Treasurer State of Michigan now owns 11,200 shares of the company’s stock worth $965,000 after buying an additional 100 shares during the last quarter. Finally, BlackRock Advisors LLC increased its stake in shares of Helen of Troy by 0.8% in the second quarter. BlackRock Advisors LLC now owns 13,191 shares of the company’s stock worth $1,357,000 after buying an additional 105 shares during the last quarter. Institutional investors and hedge funds own 92.47% of the company’s stock.

Helen of Troy Company Profile

Helen Of Troy Limited is a global consumer products company that offers a range of solutions for its customers through a range of brands. The Company is a global designer, developer, importer, marketer and distributor of a portfolio of brand-name consumer products. The Company has four segments. The Housewares segment provides a range of consumer products for the home.

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