In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $6.72 in the prior trading day, Helix Energy Solutions Group Inc (NYSE: HLX) closed at $6.62, down -1.49%. In other words, the price has decreased by -$1.49 from its previous closing price. On the day, 1.5 million shares were traded.
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 2.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.86. 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:
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 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:
As of this moment, Helix’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.06, and their Forward P/E ratio for the next fiscal year is 9.75. 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 0.75 while its Price-to-Book (P/B) ratio in mrq is 0.65.
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 $5.66. The 50-Day Moving Average of the stock is -8.62%, while the 200-Day Moving Average is calculated to be -27.32%.
Shares Statistics:
A total of 151.53M shares are outstanding, with a floating share count of 141.42M. Insiders hold about 6.67% of the company’s shares, while institutions hold 89.31% stake in the company.
