Helen of Troy (NASDAQ:HELE) Hits New 1-Year Low – Time to Sell?

Helen of Troy Limited (NASDAQ:HELE)’s share price hit a new 52-week low on Thursday . The company traded as low as $46.03 and last traded at $46.94, with a volume of 120884 shares traded. The stock had previously closed at $53.26.

Analyst Ratings Changes

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

Helen of Troy Stock Performance

The company has a debt-to-equity ratio of 0.45, a current ratio of 1.92 and a quick ratio of 1.05. The company has a fifty day moving average price of $55.64 and a 200 day moving average price of $61.74. The stock has a market cap of $1.02 billion, a P/E ratio of 9.02, a P/E/G ratio of 1.80 and a beta of 0.89.

Helen of Troy (NASDAQ:HELE) last announced its quarterly earnings results on Wednesday, January 8th. The company reported $2.67 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $530.70 million during the quarter, compared to analyst estimates of $532.91 million. During the same quarter in the previous year, the business posted $2.79 EPS. Helen of Troy’s quarterly revenue was down 3.4% on a year-over-year basis. On average, equities analysts expect that Helen of Troy Limited will post 6.46 EPS for the current year.

Hedge Funds Weigh In On Helen of Troy

A number of hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC lifted its holdings in shares of Helen of Troy by 96.0% in the fourth quarter. GAMMA Investing LLC now owns 484 shares of the company’s stock valued at $29,000 after purchasing an additional 237 shares in the last quarter. Canada Pension Plan Investment Board boosted its holdings in Helen of Troy by 66.7% during the 4th quarter. Canada Pension Plan Investment Board now owns 500 shares of the company’s stock worth $30,000 after acquiring an additional 200 shares during the last quarter. Sterling Capital Management LLC grew its stake in shares of Helen of Troy by 844.7% in the 4th quarter. Sterling Capital Management LLC now owns 718 shares of the company’s stock worth $43,000 after acquiring an additional 642 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in shares of Helen of Troy in the fourth quarter valued at about $44,000. Finally, Public Employees Retirement System of Ohio lifted 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 valued at $48,000 after purchasing an additional 182 shares in the last quarter.

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.