Media coverage about Helen of Troy Limited (NASDAQ:HELE) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Helen of Troy Limited earned a coverage optimism score of 0.00 on Accern’s scale. Accern also gave media coverage about the company an impact score of 47.1704374096724 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
A number of equities research analysts recently weighed in on HELE shares. Sidoti reaffirmed a “buy” rating and set a $108.00 price objective (down previously from $112.00) on shares of Helen of Troy Limited in a research report on Saturday, April 29th. Zacks Investment Research downgraded shares of Helen of Troy Limited from a “hold” rating to a “sell” rating in a research report on Friday, April 28th. Finally, BidaskClub downgraded shares of Helen of Troy Limited from a “hold” rating to a “sell” rating in a research report on Wednesday, June 21st. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $102.75.
Helen of Troy Limited (HELE) opened at 99.80 on Friday. Helen of Troy Limited has a 52-week low of $77.50 and a 52-week high of $102.88. The company has a market cap of $2.72 billion, a PE ratio of 21.67 and a beta of 0.95. The firm has a 50-day moving average of $97.53 and a 200 day moving average of $94.93.
Helen of Troy Limited (NASDAQ:HELE) last issued its quarterly earnings results on Monday, July 10th. The company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.29 by $0.08. Helen of Troy Limited had a net margin of 8.23% and a return on equity of 17.70%. The company had revenue of $359.61 million during the quarter, compared to analysts’ expectations of $358.40 million. During the same quarter in the previous year, the company earned $1.27 EPS. Helen of Troy Limited’s revenue was up 3.4% on a year-over-year basis. Equities research analysts expect that Helen of Troy Limited will post $6.73 earnings per share for the current fiscal year.
Helen of Troy Limited declared that its board has authorized a stock repurchase program on Monday, May 15th that permits the company to buyback $400.00 million in outstanding shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.
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Helen of Troy Limited 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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