Helix Energy Solutions Group Inc [HLX] stock prices are up 0.86% to $8.17 at the moment. 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 1.87% over the last week, with a monthly amount drifted -9.12%, and not seem to be holding up well over a long-time horizon.
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.
The stock price of Helix Energy Solutions Group Inc [HLX] has been fluctuating between $7.76 and $13.05 over the past year. 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 $8.17 at the most recent close of the market. An investor can expect a potential return of 71.36% based on the average HLX price forecast.
Analyzing the HLX fundamentals
The Helix Energy Solutions Group Inc [NYSE:HLX] reported sales of 1.34B for trailing twelve months, representing a drop of -13.46%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.43.
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 8.06 points at the first support level, and at 7.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.25, and for the 2nd resistance point, it is at 8.34.
Ratios To Look Out For
It’s worth pointing out that Helix Energy Solutions Group Inc [NYSE:HLX]’s Current Ratio is 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 0.93, the price to book ratio is 0.79 and price to earnings (TTM) ratio is 216.14.
Transactions by insiders
Recent insider trading involved Neikirk Kenneth English, EVP, GEN COUNSEL & SECRETARY, that happened on Dec 30 ’24 when 83991.0 shares were sold. Officer, Neikirk Kenneth English completed a deal on Dec 30 ’24 to buy 51379.0 shares. Meanwhile, Officer Neikirk Kenneth English bought 32612.0 shares on Dec 30 ’24.
