Helen of Troy (NASDAQ:HELE) Stock Passes Above 200-Day Moving Average – Should You Sell?

Helen of Troy Limited (NASDAQ:HELE) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $20.40 and traded as high as $28.58. Helen of Troy shares last traded at $27.83, with a volume of 434,837 shares traded.

Analysts Set New Price Targets

A number of research firms have recently weighed in on HELE. Canaccord Genuity Group lifted their price objective on Helen of Troy from $18.00 to $23.00 and gave the company a “hold” rating in a research report on Friday, April 24th. Wall Street Zen lowered shares of Helen of Troy from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. Zacks Research upgraded shares of Helen of Troy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Helen of Troy in a report on Wednesday. Finally, UBS Group upped their price target on shares of Helen of Troy from $16.00 to $25.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $24.00.

Helen of Troy Stock Performance

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 moving average price of $25.02 and a two-hundred day moving average price of $20.46. The stock has a market cap of $659.43 million, a P/E ratio of -0.72 and a beta of 1.34.

Helen of Troy (NASDAQ:HELE) last posted 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. Helen of Troy had a positive return on equity of 7.00% and a negative net margin of 50.33%.The company had revenue of $470.03 million for the quarter, compared to analysts’ expectations of $450.38 million. During the same period in the previous year, the firm earned $2.33 EPS. The firm’s revenue was down 3.3% compared to the same quarter last year. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. On average, sell-side analysts forecast that Helen of Troy Limited will post 2.81 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Helen of Troy

A number of hedge funds and other institutional investors have recently modified their holdings of HELE. Invenomic Capital Management LP boosted its holdings in shares of Helen of Troy by 68.8% during the 3rd quarter. Invenomic Capital Management LP now owns 554,985 shares of the company’s stock valued at $13,986,000 after purchasing an additional 226,263 shares during the last quarter. Seven Six Capital Management LLC bought a new stake in shares of Helen of Troy in the third quarter worth about $1,378,000. Aster Capital Management DIFC Ltd bought a new stake in shares of Helen of Troy in the fourth quarter worth about $504,000. Prescott Group Capital Management L.L.C. purchased a new stake in shares of Helen of Troy in the fourth quarter worth about $2,344,000. Finally, UBS Group AG lifted its position in shares of Helen of Troy by 386.0% in the fourth quarter. UBS Group AG now owns 616,992 shares of the company’s stock worth $13,111,000 after buying an additional 490,031 shares in the last quarter.

About Helen of Troy

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.