Helix Energy Solutions Group Inc. [HLX] has traded in a range of $0.99 to $10.00 in the last 1 year. As of this writing, the stock is at $2.84, up 5.97%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, HLX shares are 10.08% up with the monthly amount drift of -10.97% and seems bad in a long time frame.

On 9, October 2020, Helix Announces Third Quarter 2020 Earnings Release Date and Conference Call Information. According to news published on Yahoo Finance, Helix Energy Solutions Group, Inc. (NYSE: HLX) will issue a press release reporting its third quarter results on Wednesday, October 21, 2020, after the close of business. The press release and associated slide presentation will be available on Helix’s website, www.HelixESG.com.

Analyst Birdseye View:

The most recent analyst activity for Helix Energy Solutions Group Inc. [NYSE:HLX] stock was on May 28, 2020, when it was Upgrade with a Buy rating from BofA/Merrill, which also raised its 12-month price target on the stock to $4. On March 17, 2020, CapitalOne Downgrade an Equal weight rating. On March 13, 2020, Piper Sandler Downgrade a Neutral rating and decreased its price target from $10.75 to $6.25. On March 10, 2020, Raymond James Downgrade an Outperform rating and decreased its price target to $5. On March 09, 2020, BofA/Merrill Downgrade a Neutral rating. On November 25, 2019, Johnson Rice Upgrade a Buy rating. On November 12, 2019 BofA/Merrill Resumed a Buy rating and elevated its amount target to $11.

In the past 52 weeks of trading, this stock has oscillated between a low of $0.99 and a peak of $10.00. Right now, the middling Wall Street analyst 12-month amount mark is $6.00. At the most recent market close, shares of Helix Energy Solutions Group Inc. [NYSE:HLX] were valued at $2.84.

FUNDAMENTAL ANALYSIS

Helix Energy Solutions Group Inc. [NYSE:HLX] most recently reported quarterly sales of 199.15 billion, which represented growth of -46.00%. This publicly-traded organization’s revenue is $455,702 per employee, while its income is $34,721 per employee. This company’s Gross Margin is currently 14.80%, its Operating Margin is 4.90%, its Pretax Margin is +8.72, and its Net Margin is +7.62. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 2.32, 3.45, 3.39 and 2.75 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 26.46 and the whole liability to whole assets at 23.55. It shows enduring liability to the whole principal at 19.82 and enduring liability to assets at 0.18 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 2.72 points at 1st support level, the second support level is making up to 2.60. But as of 1st resistance point, this stock is sitting at 2.93 and at 3.02 for 2nd resistance point.

Helix Energy Solutions Group Inc. [HLX] reported its earnings at $0.04 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.01/share signifying the difference of 0.05 and 500.00% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were -$0.09 calling estimates for -$0.14/share with the difference of 0.05 depicting the surprise of 35.70%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Helix Energy Solutions Group Inc. [NYSE:HLX] is 1.70. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.92. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.92, it’s amount to book ratio is 0.84 and showing 16.71 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by KRATZ OWEN E, PRESIDENT & CEO, and it was the purchase of 0.21 million shares on Mar 12. Sparks Scott Andrew, the EVP and COO, completed a sale of 11740.0 shares on Dec 13. On Oct 29, LOVOI JOHN, Director, completed a sale of 15000.0 shares.