Helen of Troy (NASDAQ:HELE) Trading Down 3.7% – Time to Sell?

Helen of Troy Limited (NASDAQ:HELE) fell 3.7% during mid-day trading on Tuesday . The stock traded as low as $51.75 and last traded at $51.05. 17,881 shares were traded during mid-day trading, a decline of 96% from the average session volume of 483,372 shares. The stock had previously closed at $53.00.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on HELE. UBS Group dropped their price objective on shares of Helen of Troy from $79.00 to $69.00 and set a “neutral” rating for the company in a research note on Tuesday, January 7th. StockNews.com raised Helen of Troy from a “hold” rating to a “buy” rating in a research report on Wednesday, February 12th.

Helen of Troy Trading Up 2.1 %

The business’s fifty day moving average price is $57.60 and its 200 day moving average price is $62.02. The company has a quick ratio of 1.05, a current ratio of 1.92 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $1.18 billion, a PE ratio of 10.37, a P/E/G ratio of 1.80 and a beta of 0.90.

Helen of Troy (NASDAQ:HELE) last released its earnings results on Wednesday, January 8th. The company reported $2.67 EPS for the quarter, topping the consensus estimate of $2.60 by $0.07. Helen of Troy had a net margin of 6.05% and a return on equity of 9.13%. The firm had revenue of $530.70 million during the quarter, compared to analysts’ expectations of $532.91 million. During the same period in the previous year, the company earned $2.79 EPS. Helen of Troy’s revenue for the quarter was down 3.4% on a year-over-year basis. As a group, analysts expect that Helen of Troy Limited will post 6.46 EPS for the current fiscal year.

Hedge Funds Weigh In On Helen of Troy

Several institutional investors have recently added to or reduced their stakes in the business. Thrivent Financial for Lutherans grew its holdings in Helen of Troy by 211.4% in the 3rd quarter. Thrivent Financial for Lutherans now owns 17,915 shares of the company’s stock valued at $1,108,000 after buying an additional 12,162 shares during the period. Intech Investment Management LLC boosted its position in shares of Helen of Troy by 88.6% in the third quarter. Intech Investment Management LLC now owns 10,099 shares of the company’s stock worth $625,000 after acquiring an additional 4,743 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Helen of Troy by 14.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 410,078 shares of the company’s stock valued at $25,363,000 after purchasing an additional 53,016 shares during the period. Quantbot Technologies LP increased its position in Helen of Troy by 176.2% during the third quarter. Quantbot Technologies LP now owns 9,162 shares of the company’s stock worth $567,000 after purchasing an additional 5,845 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its stake in Helen of Troy by 49.5% during the third quarter. BNP Paribas Financial Markets now owns 7,405 shares of the company’s stock worth $458,000 after purchasing an additional 2,453 shares during the period.

Helen of Troy Company Profile

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.