Helix Energy Solutions Group Inc (HLX) is expected to grow earnings and revenues in the years ahead

Helix Energy Solutions Group Inc [HLX] stock is trading at $11.26, saw in change for the day. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The HLX shares have gain 9.00% over the last week, with a monthly amount drifted -1.49%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Helix Energy Solutions Group Inc [NYSE: HLX] stock has seen the most recent analyst activity on October 26, 2022, when BTIG Research upgraded its rating to a Buy but kept the price target unchanged to $10 for it. Previously, Evercore ISI upgraded its rating to Outperform on July 27, 2022, and elevated its price target to $8. On February 01, 2022, upgrade upgraded it’s rating to Overweight and revised its price target to $5.60 on the stock. Piper Sandler downgraded its rating to a Neutral and decreased its price target to $4.50 on July 28, 2021. BofA Securities downgraded its rating to a Underperform. Evercore ISI downgraded its rating to In-line for this stock on June 09, 2021. In a note dated April 28, 2021, BofA Securities downgraded an Neutral rating on this stock and revised its target price from $6.25 to $5.

Helix Energy Solutions Group Inc [HLX] stock has fluctuated between $8.82 and $13.05 over the past year. Helix Energy Solutions Group Inc [NYSE: HLX] shares were valued at $11.26 at the most recent close of the market.

Analyzing the HLX fundamentals

Helix Energy Solutions Group Inc [NYSE:HLX] reported sales of 1.39B for the trailing twelve months, which represents a growth of 18.13%. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.0 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.25.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.15 points at the first support level, and at 11.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.32, and for the 2nd resistance point, it is at 11.39.

Ratios To Look Out For

For context, Helix Energy Solutions Group Inc’s Current Ratio is 2.00. Further, the Quick Ratio stands at 2.00, while the Cash Ratio is 0.92. Considering the valuation of this stock, the price to sales ratio is 1.23, the price to book ratio is 1.14.

Transactions by insiders

Recent insider trading involved Glassman Diana, Director, that happened on Jun 20 ’24 when 2864.0 shares were sold. PRESIDENT & CEO, KRATZ OWEN E completed a deal on May 23 ’24 to sell 1050.0 shares. Meanwhile, PRESIDENT & CEO KRATZ OWEN E sold 0.16 million shares on May 21 ’24.

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