Last Updated: 16 Sep 2024
Executive Summary
Helen of Troy Ltd (HELE) is a consumer products company with a strong financial performance. The company has a market capitalization of $1.32 billion, an EBITDA of $289 million, and a trailing PE ratio of 9.14. HELE has a solid balance sheet with a book value of $67.93 per share and no debt. The company's revenue and earnings have grown steadily in recent years, and analysts expect this growth to continue in the future. The stock is currently trading at $58.02, which is below the analyst target price of $82.
Company Overview
Helen of Troy Limited designs, develops, imports, markets, and distributes a portfolio of consumer products globally. The company's products include housewares, personal care items, and health and wellness products. HELE's brands include OXO, Braun, Honeywell, and PUR. The company has a global presence with operations in North America, Europe, Asia, and Latin America.
Fundamental Analysis
HELE's financial performance has been strong in recent years. The company's revenue has grown from $1.7 billion in 2019 to $1.95 billion in 2023. Net income has also grown from $168 million in 2019 to $234 million in 2023. The company's gross profit margin has remained stable at around 46%. HELE's operating margin has also improved in recent years, from 6.9% in 2019 to 7.7% in 2023.
HELE has a strong balance sheet with no debt and a book value of $67.93 per share. The company's current ratio is 1.25, which is above the industry average of 1.00. HELE's quick ratio is 0.90, which is also above the industry average of 0.80.
Technical Analysis
HELE's stock price has been trending down in recent months. The stock is currently trading at $58.02, which is below its 50-day moving average of $57.09 and its 200-day moving average of $97.15. The stock's relative strength index (RSI) is 30.00, which indicates that the stock is oversold.
Short Term Outlook
HELE's stock price is likely to continue to trend down in the short term. The stock is currently trading below its 50-day and 200-day moving averages, and the RSI is oversold. However, the company's fundamentals are strong, and analysts expect the stock to rebound in the long term.
Long Term Outlook
HELE's long-term outlook is positive. The company has a strong brand portfolio, a global presence, and a solid financial foundation. Analysts expect the company's revenue and earnings to continue to grow in the future. The stock is currently trading at a discount to its analyst target price, and it is expected to appreciate in the long term.
Analyst Recommendations
Analysts have a Buy rating on HELE. The average analyst target price is $82, which is 41.3% above the current stock price. Two analysts have a Buy rating on the stock, four analysts have a Hold rating, and zero analysts have a Sell rating.
