At the time of writing, Helix Energy Solutions Group Inc [HLX] stock is trading at $10.13, up 7.88%. 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 9.04% over the last week, with a monthly amount drifted -4.16%, 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 24, 2024, when BTIG Research downgraded its rating to a Neutral. Previously, Raymond James started tracking the stock with Strong Buy rating on September 19, 2024, and set its price target to $14. On October 26, 2022, upgrade upgraded it’s rating to Buy but maintained its price target of $10 on the stock. Evercore ISI upgraded its rating to a Outperform and increased its price target to $8 on July 27, 2022. Piper Sandler upgraded its rating to a Overweight and raised its price target to $5.60 on February 01, 2022. Piper Sandler downgraded its rating to Neutral for this stock on July 28, 2021, and downed its price target to $4.50. In a note dated July 16, 2021, BofA Securities downgraded an Underperform 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 $10.13 at the most recent close of the market. An investor can expect a potential return of 38.2% 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 1.34B for trailing twelve months, which represents an -13.46% plunge. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.01%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.2.
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 9.83 points at the first support level, and at 9.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.32, and for the 2nd resistance point, it is at 10.50.
Ratios To Look Out For
It is important to note that Helix Energy Solutions Group Inc [NYSE:HLX] has a current ratio of 2.15. Also, the Quick Ratio is 2.15, while the Cash Ratio stands at 1.07. Considering the valuation of this stock, the price to sales ratio is 1.15, the price to book ratio is 0.98 and price to earnings (TTM) ratio is 267.99.
Transactions by insiders
Recent insider trading involved KRATZ OWEN E, PRESIDENT & CEO, that happened on Oct 03 ’24 when 0.3 million shares were sold. Officer, KRATZ OWEN E completed a deal on Oct 03 ’24 to buy 0.3 million shares. Meanwhile, Director Glassman Diana sold 2864.0 shares on Jun 20 ’24.
