At the time of writing, Helix Energy Solutions Group Inc [HLX] stock is trading at $10.33, down -0.58%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HLX shares have gain 8.97% over the last week, with a monthly amount drifted -0.29%, 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 September 19, 2024, when Raymond James initiated its Strong Buy rating and assigned the stock a price target of $14. Previously, BTIG Research upgraded its rating to Buy on October 26, 2022, and kept the price target unchanged to $10. On July 27, 2022, upgrade upgraded it’s rating to Outperform and revised its price target to $8 on the stock. Piper Sandler upgraded its rating to a Overweight and increased its price target to $5.60 on February 01, 2022. Piper Sandler downgraded its rating to a Neutral and reduced its price target to $4.50 on July 28, 2021. BofA Securities downgraded its rating to Underperform for this stock on July 16, 2021. In a note dated June 09, 2021, Evercore ISI downgraded an In-line rating on this stock.
For the past year, the stock price of Helix Energy Solutions Group Inc fluctuated between $8.82 and $13.05. Currently, Wall Street analysts expect the stock to reach $14 within the next 12 months. Helix Energy Solutions Group Inc [NYSE: HLX] shares were valued at $10.33 at the most recent close of the market. An investor can expect a potential return of 35.53% based on the average HLX price forecast.
Analyzing the HLX fundamentals
According to Helix Energy Solutions Group Inc [NYSE:HLX], the company’s sales were 1.39B for trailing twelve months, which represents an 18.13% jump. 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 10.24 points at the first support level, and at 10.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.51, and for the 2nd resistance point, it is at 10.68.
Ratios To Look Out For
It is important to note that Helix Energy Solutions Group Inc [NYSE:HLX] has a current ratio of 2.00. Also, the Quick Ratio is 2.00, while the Cash Ratio stands at 0.92. Considering the valuation of this stock, the price to sales ratio is 1.13, the price to book ratio is 1.05.
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.
