The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Helix Energy Solutions Group Inc (NYSE: HLX) closed at $6.28 down -0.79% from its previous closing price of $6.33. In other words, the price has decreased by -$0.79 from its previous closing price. On the day, 2.43 million shares were traded. HLX stock price reached its highest trading level at $6.44 during the session, while it also had its lowest trading level at $6.26.
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 2.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.40. 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:
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 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 951608448 and an Enterprise Value of 1237420544. As of this moment, Helix’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.44, and their Forward P/E ratio for the next fiscal year is 9.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 0.62. Its current Enterprise Value per Revenue stands at 0.923 whereas that against EBITDA is 4.566.
Stock Price History:
The Beta on a monthly basis for HLX is 1.59, which has changed by -0.475793 over the last 52 weeks, in comparison to a change of 0.12748289 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 -4.28%, while the 200-Day Moving Average is calculated to be -26.31%.
Shares Statistics:
For the past three months, HLX has traded an average of 1.81M shares per day and 1789400 over the past ten 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 89.26% stake in the company. Shares short for HLX as of 1749772800 were 6088609 with a Short Ratio of 3.37, 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 firm’s stock currently is rated by 4.0 analysts. 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
A total of 4 analysts believe the company’s revenue will be $326.61M this quarter.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.
