Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Helen of Troy Ltd (NASDAQ: HELE) weakened of late. HELE’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Helen of Troy Ltd (NASDAQ: HELE) stock closed at $60.62 on 7/29/24 after a large increase of 2.8%. Moreover, above average trading volume at 122% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 6.8% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, HELE is expected to continue to be a Value Builder.
Helen of Troy has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Helen of Troy has a good Appreciation Score of 73 but a very low Power Rating of 7, with the Negative Value Trend Rating the result.
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