Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Helix Energy Solutions Group Inc (NYSE: HLX) closed at $6.69 in the last session, down -2.34% from day before closing price of $6.85. In other words, the price has decreased by -$2.34 from its previous closing price. On the day, 2.41 million shares were traded. HLX stock price reached its highest trading level at $6.81 during the session, while it also had its lowest trading level at $6.475.
Ratios:
We take a closer look at HLX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.95. For the most recent quarter (mrq), Quick Ratio is recorded 2.16 and its Current Ratio is at 2.16. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.38.
On September 19, 2024, Raymond James started tracking the stock assigning a Strong Buy rating and target price of $14.Raymond James initiated its Strong Buy rating on September 19, 2024, with a $14 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 30 ’24 when Neikirk Kenneth English sold 83,991 shares for $9.17 per share. The transaction valued at 770,197 led to the insider holds 104,549 shares of the business.
Neikirk Kenneth English bought 51,379 shares of HLX for $471,140 on Dec 30 ’24. On Dec 30 ’24, another insider, Neikirk Kenneth English, who serves as the Officer of the company, bought 32,612 shares for $9.17 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HLX now has a Market Capitalization of 1013735680 and an Enterprise Value of 1231359360. As of this moment, Helix’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.19, and their Forward P/E ratio for the next fiscal year is 10.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 0.66. Its current Enterprise Value per Revenue stands at 0.919 whereas that against EBITDA is 4.544.
Stock Price History:
The Beta on a monthly basis for HLX is 1.54, which has changed by -0.4480198 over the last 52 weeks, in comparison to a change of 0.11844492 over the same period for the S&P500. Over the past 52 weeks, HLX has reached a high of $13.05, while it has fallen to a 52-week low of $5.66. The 50-Day Moving Average of the stock is 1.92%, while the 200-Day Moving Average is calculated to be -20.32%.
Shares Statistics:
According to the various share statistics, HLX traded on average about 1.80M shares per day over the past 3-months and 2071170 shares per day over the past 10 days. A total of 151.53M shares are outstanding, with a floating share count of 141.45M. Insiders hold about 6.65% of the company’s shares, while institutions hold 89.25% stake in the company. Shares short for HLX as of 1749772800 were 6088609 with a Short Ratio of 3.38, compared to 1747267200 on 5425930. Therefore, it implies a Short% of Shares Outstanding of 6088609 and a Short% of Float of 5.1499999999999995.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The dynamic stock of Helix Energy Solutions Group Inc (HLX) is currently attracting attention from 4.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is $0.24, with high estimates of $0.32 and low estimates of $0.17.
Analysts are recommending an EPS of between $0.46 and $0.27 for the fiscal current year, implying an average EPS of $0.36. EPS for the following year is $0.64, with 4.0 analysts recommending between $0.69 and $0.6.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $326.61M. It ranges from a high estimate of $335.7M to a low estimate of $313.8M. As of the current estimate, Helix Energy Solutions Group Inc’s year-ago sales were $364.8MFor the next quarter, 4 analysts are estimating revenue of $382.26M. There is a high estimate of $402.95M for the next quarter, whereas the lowest estimate is $364.4M.
A total of 4 analysts have provided revenue estimates for HLX’s current fiscal year. The highest revenue estimate was $1.33B, while the lowest revenue estimate was $1.28B, resulting in an average revenue estimate of $1.31B. In the same quarter a year ago, actual revenue was $1.36BBased on 4 analysts’ estimates, the company’s revenue will be $1.4B in the next fiscal year. The high estimate is $1.41B and the low estimate is $1.38B.
