For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Helix Energy Solutions Group Inc (NYSE: HLX) closed at $10.36 up 0.29% from its previous closing price of $10.33. In other words, the price has increased by $0.29 from its previous closing price. On the day, 1.03 million shares were traded. HLX stock price reached its highest trading level at $10.49 during the session, while it also had its lowest trading level at $10.32.
Ratios:
For a deeper understanding of Helix Energy Solutions Group Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.40. 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.
On July 27, 2022, Evercore ISI Upgraded its rating to Outperform which previously was In-line and also upped its target price recommendation from $6 to $8.
Piper Sandler Upgraded its Neutral to Overweight on February 01, 2022, whereas the target price for the stock was revised from $4.50 to $5.60.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1575268992 and an Enterprise Value of 1979489920. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13 while its Price-to-Book (P/B) ratio in mrq is 1.05. Its current Enterprise Value per Revenue stands at 1.422 whereas that against EBITDA is 7.005.
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 -8.75%, while the 200-Day Moving Average is calculated to be -1.28%.
Shares Statistics:
For the past three months, HLX has traded an average of 1.88M shares per day and 955680 over the past ten days. A total of 152.29M shares are outstanding, with a floating share count of 142.52M. Insiders hold about 6.27% of the company’s shares, while institutions hold 92.28% stake in the company. Shares short for HLX as of 1722384000 were 5846758 with a Short Ratio of 3.10, compared to 1719532800 on 5219033. Therefore, it implies a Short% of Shares Outstanding of 5846758 and a Short% of Float of 5.04.
Earnings Estimates
As of right now, 3.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0.12, with high estimates of $0.18 and low estimates of $0.07.
Analysts are recommending an EPS of between $0.45 and $0.27 for the fiscal current year, implying an average EPS of $0.36. EPS for the following year is $0.61, with 3.0 analysts recommending between $0.75 and $0.39.
Revenue Estimates
For the next quarter, 3 analysts are estimating revenue of $313.37M. There is a high estimate of $321.8M for the next quarter, whereas the lowest estimate is $297M.
A total of 3 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 $1.36B. In the same quarter a year ago, actual revenue was $1.29BBased on 3 analysts’ estimates, the company’s revenue will be $1.42B in the next fiscal year. The high estimate is $1.43B and the low estimate is $1.4B.
