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After finishing at $10.25 in the prior trading day, Helix Energy Solutions Group Inc (NYSE: HLX) closed at $10.14, down -1.07%. In other words, the price has decreased by -$1.07 from its previous closing price. On the day, 1.81 million shares were traded. HLX stock price reached its highest trading level at $10.17 during the session, while it also had its lowest trading level at $9.99.
Ratios:
Our goal is to gain a better understanding of HLX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.18. For the most recent quarter (mrq), Quick Ratio is recorded 2.00 and its Current Ratio is at 2.00. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.41.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Raymond James on September 19, 2024, initiated with a Strong Buy rating and assigned the stock a target price of $14.
On October 26, 2022, BTIG Research Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $10.
Evercore ISI Upgraded its In-line to Outperform on July 27, 2022, whereas the target price for the stock was revised from $6 to $8.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 20 ’24 when Glassman Diana sold 2,864 shares for $10.49 per share. The transaction valued at 30,058 led to the insider holds 42,133 shares of the business.
KRATZ OWEN E sold 1,050 shares of HLX for $12,075 on May 23 ’24. The PRESIDENT & CEO now owns 7,470,279 shares after completing the transaction at $11.50 per share. On May 21 ’24, another insider, KRATZ OWEN E, who serves as the PRESIDENT & CEO of the company, sold 164,796 shares for $11.77 each. As a result, the insider received 1,940,423 and left with 7,478,850 shares of the company.
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 1541817344 and an Enterprise Value of 1946038272. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.11 while its Price-to-Book (P/B) ratio in mrq is 1.03. Its current Enterprise Value per Revenue stands at 1.398 whereas that against EBITDA is 6.887.
Stock Price History:
Over the past 52 weeks, HLX has reached a high of $13.05, while it has fallen to a 52-week low of $8.82. The 50-Day Moving Average of the stock is -6.38%, while the 200-Day Moving Average is calculated to be -4.32%.
Shares Statistics:
The stock has traded on average 1.69M shares per day over the past 3-months and 1979760 shares per day over the last 10 days, according to various share statistics. A total of 152.29M shares are outstanding, with a floating share count of 142.63M. Insiders hold about 6.19% of the company’s shares, while institutions hold 90.87% stake in the company. Shares short for HLX as of 1724976000 were 6145703 with a Short Ratio of 3.78, compared to 1722384000 on 5846758. Therefore, it implies a Short% of Shares Outstanding of 6145703 and a Short% of Float of 5.3000003.
Earnings Estimates
Current recommendations for the stock of the company come from 4.0 analysts. The consensus estimate for the next quarter is $0.1, with high estimates of $0.18 and low estimates of $0.04.
Analysts are recommending an EPS of between $0.45 and $0.27 for the fiscal current year, implying an average EPS of $0.34. EPS for the following year is $0.66, with 4.0 analysts recommending between $0.81 and $0.39.
Revenue Estimates
For the next quarter, 4 analysts are estimating revenue of $310.8M. There is a high estimate of $321.8M for the next quarter, whereas the lowest estimate is $297M.
A total of 4 analysts have provided revenue estimates for HLX’s current fiscal year. The highest revenue estimate was $1.4B, while the lowest revenue estimate was $1.31B, resulting in an average revenue estimate of $1.35B. In the same quarter a year ago, actual revenue was $1.29BBased on 4 analysts’ estimates, the company’s revenue will be $1.4B in the next fiscal year. The high estimate is $1.43B and the low estimate is $1.35B.
