Markets

Noteworthy Stock to Watch For: Helix Energy Solutions Group, Inc. (NYSE:HLX)

Helix Energy Solutions Group, Inc. (NYSE:HLX) plummeted -4.07 percent and ended the day at $8.26. The Average Volume of the company is 2.95 Million and P/E (price to earnings) ratio is 0, while Forward P/E ratio is 43.7.

Johnson Rice Upgrade its coverage for Helix Energy Solutions Group, Inc. (NYSE:HLX) in a note sent to investors on 22-Feb-17. The research firm Upgrade the stock to Accumulate. Moreover, Credit Suisse issued Upgrade rating for the stock on 12-Apr-16. Morgan Stanley also Upgrade the company to Overweight on 17-Mar-16, 2016. Additionally, Cowen Initiated its ratings on the stock to Market Perform.

The highest price HLX stock touched in the last 12 month was $11.87 and the lowest price it hit in the same period was $4.11. The stock has a Return on Assets of -3.5 percent, Return on Investment of -2.8 percent and a Return on Equity of -6.3 percent. The company’s market cap is $1.22 Billion.

Helix Energy Solutions Group, Inc. (NYSE:HLX)’s growth estimate is 50 percent for the current quarter. The growth estimate for the next quarter is 100 percent. The company’s stock has fell -25.52 percent in the past five year. The company is expected to grow by 43 percent over the next five years.

Price Target is an important factor while doing analysis of a stock. According to 9 analysts, Price Target for Helix Energy Solutions Group, Inc. (NYSE:HLX) may hit a high of $16. The average and low price target for the stock are $11.31 and $8, respectively.

Now we look at the Moving Averages, the 200-day is -1.09, the 50-day is -4.52 and the 20-day is 3.04. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also help in determining where it may be possibly heading.

Looking forward, the company is expected to report earnings of $-0.13 per share for the current quarter. Revenue is expected in between 150.4 Million and 82 Million with an average of 114.5 Million.

When we look at the recommendation trends, the stock presently has an average brokerage recommendation of 2.4. Out of 12 brokerage recommendations, 2 gave a Strong Buy, 5 issued a Buy, 5 issued Hold, 0 rated Under-perform and 0 issued a Sell.

Helix Energy Solutions Group, Inc. (NYSE:HLX) performance during the last one year Improved 111.79 percent, while its year to date (YTD) performance showed a Negative trend of -6.35 percent. The stock Jumped 10.28 percent over the past six months. The stock’s quarterly performance indicates a Negative momentum of -17.4 percent, whereas its last one month trend is Pessimistic with -1.67 percent. Its weekly performance showed downward trend of -2.82 percent.

Profitability analysis helps a great deal in making investment decision. Net profit margin of the company was recorded at -16.7 percent, operating profit margin was -13.7 percent, whereas gross profit margin stands at 9.5 percent. Beta factor was calculated at 2.38.

Helix Energy Solutions Group, Inc. (NYSE:HLX) has 149.28 Million shares outstanding and 135.76 Million shares were floated in market. The short ratio in the company’s stock is documented at 2.47 and the short float is around of 5.37%. The stock’s average true range of stands at 0.45, while the relative strength index is 50.52.

Liquidity ratios helps investors to determine a company’s ability to pay off its debts. For the most recent quarter, quick ratio was 0, current ratio was 2.8, LT Debt/Equity ratio was 0.44 and Total Debt/Equity ratio was 0.49.