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The closing price of Helix Energy Solutions Group Inc (NYSE: HLX) was $10.69 for the day, down -1.66% from the previous closing price of $10.87. In other words, the price has decreased by -$1.66 from its previous closing price. On the day, 1.59 million shares were traded. HLX stock price reached its highest trading level at $10.94 during the session, while it also had its lowest trading level at $10.585.
Ratios:
Our analysis of HLX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.93. For the most recent quarter (mrq), Quick Ratio is recorded 1.48 and its Current Ratio is at 1.48. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.29.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 28 ’23 when Glassman Diana sold 6,800 shares for $11.41 per share. The transaction valued at 77,588 led to the insider holds 27,990 shares of the business.
Sparks Scott Andrew sold 10,000 shares of HLX for $95,300 on Aug 18 ’23. The EVP and COO now owns 163,948 shares after completing the transaction at $9.53 per share. On Aug 11 ’23, another insider, LOVOI JOHN, who serves as the Director of the company, sold 15,000 shares for $9.69 each. As a result, the insider received 145,350 and left with 340,249 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 1634639872 and an Enterprise Value of 1837709184. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.26 while its Price-to-Book (P/B) ratio in mrq is 1.08. Its current Enterprise Value per Revenue stands at 1.425 whereas that against EBITDA is 7.521.
Stock Price History:
Over the past 52 weeks, HLX has reached a high of $12.14, while it has fallen to a 52-week low of $6.18. The 50-Day Moving Average of the stock is 4.76%, while the 200-Day Moving Average is calculated to be 8.42%.
Shares Statistics:
HLX traded an average of 1.71M shares per day over the past three months and 1550710 shares per day over the past ten days. A total of 152.29M shares are outstanding, with a floating share count of 142.67M. Insiders hold about 6.40% of the company’s shares, while institutions hold 91.89% stake in the company. Shares short for HLX as of 1711584000 were 4106435 with a Short Ratio of 2.41, compared to 1709164800 on 5684186. Therefore, it implies a Short% of Shares Outstanding of 4106435 and a Short% of Float of 3.5099998.
Earnings Estimates
Helix Energy Solutions Group Inc (HLX) is currently under the scrutiny of Hecla Mining Company analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $201.40, with high estimates of $142.34 and low estimates of $1.15.
Analysts are recommending an EPS of between $Consumer Defensive and $Healthcare for the fiscal current year, implying an average EPS of $Industrials.
