Helen of Troy (NASDAQ:HELE) downgraded to sell on StockNews.com

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Helen of Troy (NASDAQ:HELE – Get a rating) was demoted by research analysts to StockNews.com from a “hold” rating to a “sell” rating in a report released on Tuesday.

Other stock analysts have also published research reports on the stock. TheStreet downgraded shares of Helen of Troy from a “b-” rating to a “c+” rating in a Thursday, June 16 report. CL King cut its price target on Helen of Troy shares from $282.00 to $206.00 in a Tuesday, June 28 research report. Finally, DA Davidson reaffirmed a “neutral” rating on Helen of Troy’s stock in a Thursday, April 28 research report.

NASDAQ: HELE traded at $2.86 midday on Tuesday, hitting $168.69. The stock had a trading volume of 350,490 shares, compared to an average volume of 179,190. The stock has a 50-day simple moving average of $181.39 and a two-hundred-day simple moving average of 201.93 $. The stock has a market capitalization of $4.04 billion, a PE ratio of 18.42, a P/E/G ratio of 1.79 and a beta of 0.76. The company has a debt ratio of 0.61, a current ratio of 1.80 and a quick ratio of 0.87. Helen of Troy has a 12 month low of $149.03 and a 12 month high of $256.26.

(A d)

Working 70 hours a week as a lawyer in Chicago, I was miserable.

I met guys who worked in the trading room at the local stock exchange. I started to negotiate the same way as them. I started with $50,000 (much more than I needed, actually).

I increased my $50,000 to $5.3M

Helen of Troy (NASDAQ:HELE – Get a rating) last reported results on Wednesday, April 27. The company reported earnings per share of $2.27 for the quarter, beating analyst consensus estimates of $1.73 by $0.54. The company posted revenue of $582.00 million for the quarter, compared to $471.45 million expected by analysts. Helen of Troy had a net margin of 10.06% and a return on equity of 20.95%. The company’s revenue increased 14.3% year over year. During the same quarter of the previous year, the firm had posted earnings per share of $1.36. Stock analysts expect Helen of Troy to post an EPS of 11.55 for the current year.

In other news, Director Gary B. Abromovitz sold 1,038 shares in a trade on Thursday, May 5. The shares were sold at an average price of $209.00, for a total value of $216,942.00. Following the transaction, the administrator now owns 6,047 shares of the company, valued at approximately $1,263,823. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available via this link. Company insiders own 0.88% of the company’s shares.

Hedge funds have recently increased or reduced their holdings in the stock. BlackRock Inc. increased its stake in Helen of Troy by 0.6% in the first quarter. BlackRock Inc. now owns 2,591,291 shares of the company worth $507,478,000 after acquiring 14,931 additional shares in the last quarter. Vanguard Group Inc. increased its stake in Helen of Troy by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 2,316,796 shares of the company worth $453,721,000 after acquiring 23,721 additional shares in the last quarter. Cooke & Bieler LP increased its stake in Helen of Troy by 7.7% in the 1st quarter. Cooke & Bieler LP now owns 1,463,173 shares of the company worth $286,548,000 after acquiring an additional 104,182 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Helen of Troy by 3.2% in the first quarter. JPMorgan Chase & Co. now owns 1,423,441 shares of the company worth $278,767,000 after acquiring 44,694 additional shares in the last quarter. Finally, Capital International Investors increased its stake in Helen of Troy by 37.8% in the 4th quarter. Capital International Investors now owns 1,416,328 shares of the company worth $346,250,000 after acquiring 388,569 additional shares in the last quarter.

Helen of Troy Company Profile (Get a rating)

Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, Middle East, Africa, Asia Pacific and Latin America. The Company operates through three segments: Home and Outdoors, Health and Wellness, and Beauty. The Home & Outdoor segment offers food preparation tools and gadgets, storage containers and organization products; coffee pots, grinders, hand pourers and tea kettles; household cleaning products, shower organization and bathroom accessories; food and watering products, products for child seats, cleaning tools and childcare accessories; insulated water bottles, hydration packs, glasses, mugs, food containers, lunch containers, insulated tote bags, soft coolers and accessories; and technical and outdoor sports packs, travel packs, luggage, day packs and everyday packs.

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