Daily Market Movement: Helen of Troy Ltd (HELE) Sees a -9.54 Decrease, Closing at 90.71

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The closing price of Helen of Troy Ltd (NASDAQ: HELE) was $90.71 for the day, down -9.54% from the previous closing price of $100.28. In other words, the price has decreased by -$9.54 from its previous closing price. On the day, 1.85 million shares were traded. HELE stock price reached its highest trading level at $99.9994 during the session, while it also had its lowest trading level at $87.5.

Ratios:

Our analysis of HELE’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 85.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.47. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 1.76. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.48.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on April 17, 2023, initiated with a Neutral rating and assigned the stock a target price of $99.

On December 22, 2022, DA Davidson Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $115 to $126.

On November 17, 2022, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $120.Canaccord Genuity initiated its Buy rating on November 17, 2022, with a $120 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 11 ’23 when Grass Brian bought 5,000 shares for $96.13 per share. The transaction valued at 480,645 led to the insider holds 35,835 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HELE now has a Market Capitalization of 2381291776 and an Enterprise Value of 3126542336. As of this moment, Helen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.08 while its Price-to-Book (P/B) ratio in mrq is 1.36. Its current Enterprise Value per Revenue stands at 1.563 whereas that against EBITDA is 10.432.

Stock Price History:

Over the past 52 weeks, HELE has reached a high of $143.68, while it has fallen to a 52-week low of $81.14. The 50-Day Moving Average of the stock is -20.84%, while the 200-Day Moving Average is calculated to be -21.93%.

Shares Statistics:

HELE traded an average of 215.13K shares per day over the past three months and 501460 shares per day over the past ten days. A total of 23.99M shares are outstanding, with a floating share count of 23.43M. Insiders hold about 1.31% of the company’s shares, while institutions hold 112.19% stake in the company. Shares short for HELE as of 1711584000 were 3374226 with a Short Ratio of 15.68, compared to 1709164800 on 3557192. Therefore, it implies a Short% of Shares Outstanding of 3374226 and a Short% of Float of 21.759999999999998.

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