Market Momentum Report: Helen of Troy Ltd (HELE)’s Negative Close at 31.0

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The price of Helen of Troy Ltd (NASDAQ: HELE) closed at $31.0 in the last session, down -0.93% from day before closing price of $31.29. In other words, the price has decreased by -$0.93 from its previous closing price. On the day, 0.85 million shares were traded. HELE stock price reached its highest trading level at $31.71 during the session, while it also had its lowest trading level at $30.56.

Ratios:

We take a closer look at HELE’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 37.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.56. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 2.00. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.56.

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 the company, DA Davidson on July 10, 2024, Downgraded its rating to Neutral and sets its target price to $67 from $139 previously.

On April 17, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $99.

DA Davidson Upgraded its Neutral to Buy on December 22, 2022, whereas the target price for the stock was revised from $115 to $126.

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 711614272 and an Enterprise Value of 1591936384. As of this moment, Helen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.74, and their Forward P/E ratio for the next fiscal year is 5.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 0.42. Its current Enterprise Value per Revenue stands at 0.834 whereas that against EBITDA is 5.927.

Stock Price History:

The Beta on a monthly basis for HELE is 0.87, which has changed by -0.5191562 over the last 52 weeks, in comparison to a change of 0.12153554 over the same period for the S&P500. Over the past 52 weeks, HELE has reached a high of $77.95, while it has fallen to a 52-week low of $24.15. The 50-Day Moving Average of the stock is 9.42%, while the 200-Day Moving Average is calculated to be -39.77%.

Shares Statistics:

According to the various share statistics, HELE traded on average about 752.16K shares per day over the past 3-months and 706130 shares per day over the past 10 days. A total of 22.86M shares are outstanding, with a floating share count of 22.50M. Insiders hold about 1.99% of the company’s shares, while institutions hold 105.06% stake in the company. Shares short for HELE as of 1749772800 were 2830011 with a Short Ratio of 3.76, compared to 1747267200 on 2629507. Therefore, it implies a Short% of Shares Outstanding of 2830011 and a Short% of Float of 20.06.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

Current recommendations for the stock of the company come from 4.0 analysts. The consensus estimate for the next quarter is $1.21, with high estimates of $1.28 and low estimates of $1.12.

Analysts are recommending an EPS of between $6.0 and $4.85 for the fiscal current year, implying an average EPS of $5.37. EPS for the following year is $5.81, with 4.0 analysts recommending between $6.6 and $4.36.

Revenue Estimates

According to 4 analysts, the current quarter’s revenue is expected to be $397.06M. It ranges from a high estimate of $415M to a low estimate of $377.3M. As of the current estimate, Helen of Troy Ltd’s year-ago sales were $416.85MFor the next quarter, 4 analysts are estimating revenue of $475.15M. There is a high estimate of $493.62M for the next quarter, whereas the lowest estimate is $462.4M.

A total of 5 analysts have provided revenue estimates for HELE’s current fiscal year. The highest revenue estimate was $1.94B, while the lowest revenue estimate was $1.82B, resulting in an average revenue estimate of $1.88B. In the same quarter a year ago, actual revenue was $1.91BBased on 4 analysts’ estimates, the company’s revenue will be $1.92B in the next fiscal year. The high estimate is $1.97B and the low estimate is $1.82B.

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