Helix Energy Solutions Group Inc (NYSE:HLX) currently has a daily average trading volume of 1.93M but it saw 1507610 shares traded in last market. With a market cap of 1.45B USD, the company’s current market price of $9.52 came falling about -1.96 while comparing to the previous closing price of $9.71. In past 52 weeks, the stock remained buoying in the range of price level as high as $13.05 and as low as $8.82. In the recent trading on the day, stock has struck highest price mark of $9.425 while lowest mark touched by it was $9.69.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Raymond James which initiated the stock as “Strong Buy” in its note to investors issued on September 19, 2024, recommending a price target of $14 for it. BTIG Research upgraded its recommendation for the stock as a “Buy” from “Neutral” on October 26, 2022 while assigning a price target of $10. Evercore ISI issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $6 and $8.
Over the week, HLX’s stock price is moving -8.55% down while it is -7.12% when we observe its performance for the past one month. Year-to-date it is -7.39% down and over the past year, the stock is showing a downside performance of -6.02%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.19 beaten by the consensus estimate of 0.11 for the same. The company is expected to be releasing its next quarterly report on 2025-Feb-24, for which analysts forecasted an EPS of 0.09 while estimate for next year EPS is 0.33. In next quarter, company is expected to be making quarterly sales of $302.51M as analysts are expecting the sales for current fiscal year at $1.35B and seeing the company making $1.41B in sales next year. Moreover, analysts are in estimates of $310.8M for current-quarter revenue.
Currently, Helix Energy Solutions Group Inc’s total number of outstanding shares is 152.29M with 6.00% of that held by the insiders while 92.02% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -0.32% and return on equity (ROE) at -0.45%. It has a 12.13 of forward P/E ratio. Stock’s beta reads 2.41. Stock has a price to book (P/B) ratio of 0.97 while price to sale or P/S ratio amounts to 1.04. Its return on asset (ROA) is -0.27% on average.
