Helen of Troy (NASDAQ:HELE) Given New $69.00 Price Target at UBS Group

Helen of Troy (NASDAQ:HELE) had its price target dropped by stock analysts at UBS Group from $79.00 to $69.00 in a report released on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. UBS Group’s target price points to a potential upside of 17.01% from the company’s current price.

HELE has been the topic of a number of other reports. DA Davidson boosted their price objective on Helen of Troy from $71.00 to $78.00 and gave the company a “neutral” rating in a research note on Monday, November 25th. Canaccord Genuity Group reissued a “buy” rating and issued a $84.00 price target on shares of Helen of Troy in a research note on Monday, October 7th.

Helen of Troy Stock Performance

NASDAQ:HELE opened at $58.97 on Tuesday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.85 and a current ratio of 1.77. Helen of Troy has a fifty-two week low of $48.05 and a fifty-two week high of $127.83. The company has a 50 day simple moving average of $65.95 and a two-hundred day simple moving average of $64.00. The company has a market capitalization of $1.35 billion, a PE ratio of 9.86, a P/E/G ratio of 1.34 and a beta of 0.90.

Helen of Troy (NASDAQ:HELE) last posted its quarterly earnings data on Wednesday, January 8th. The company reported $2.67 earnings per share for the quarter, topping the consensus estimate of $2.60 by $0.07. The company had revenue of $530.70 million during the quarter, compared to analysts’ expectations of $532.91 million. Helen of Troy had a net margin of 7.35% and a return on equity of 9.31%. Helen of Troy’s revenue for the quarter was down 3.4% compared to the same quarter last year. During the same period in the prior year, the company posted $2.79 earnings per share. Research analysts anticipate that Helen of Troy will post 6.37 earnings per share for the current year.

Institutional Trading of Helen of Troy

Large investors have recently made changes to their positions in the company. GAMMA Investing LLC boosted its holdings in Helen of Troy by 96.0% in the fourth quarter. GAMMA Investing LLC now owns 484 shares of the company’s stock worth $29,000 after acquiring an additional 237 shares in the last quarter. Public Employees Retirement System of Ohio raised its position in shares of Helen of Troy by 30.3% during the third quarter. Public Employees Retirement System of Ohio now owns 783 shares of the company’s stock worth $48,000 after purchasing an additional 182 shares during the period. Signaturefd LLC bought a new position in shares of Helen of Troy in the 3rd quarter worth $61,000. Mercer Global Advisors Inc. ADV acquired a new stake in Helen of Troy in the 2nd quarter valued at $270,000. Finally, Exchange Traded Concepts LLC bought a new stake in Helen of Troy during the 3rd quarter valued at $315,000.

About Helen of Troy

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 in two segments: Home & Outdoor and Beauty & Wellness. The Home & Outdoor segment offers food storage containers, kitchen utensils for cooking and preparing salads, fruits, vegetables and meats, graters, slicers and choppers, baking essentials, kitchen organization, bath, cleaning, infant and toddler products, and coffee preparation tools and electronics; and insulated beverageware, including bottles, travel tumblers, drinkware, mugs, food and lunch containers, insulated totes, soft coolers, outdoor kitchenware, and accessories.