NYSE:HLX

Helix Energy Solutions Group (HLX) Stock Price, News & Analysis

$11.00
-0.15 (-1.35%)
(As of 04/24/2024 ET)
Today's Range
$10.79
$11.15
50-Day Range
$9.00
$11.87
52-Week Range
$6.18
$12.14
Volume
1.60 million shs
Average Volume
1.73 million shs
Market Capitalization
$1.68 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.67

Helix Energy Solutions Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
33.3% Upside
$14.67 Price Target
Short Interest
Healthy
2.88% of Float Sold Short
Dividend Strength
N/A
Sustainability
-5.70
Upright™ Environmental Score
News Sentiment
1.23mentions of Helix Energy Solutions Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
90.91%
From $0.44 to $0.84 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.55 out of 5 stars

Oils/Energy Sector

25th out of 232 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

4th out of 18 stocks

HLX stock logo

About Helix Energy Solutions Group Stock (NYSE:HLX)

Helix Energy Solutions Group, Inc., together with its subsidiaries, an offshore energy services company, provides specialty services to the offshore energy industry in Brazil, the Gulf of Mexico, the East Coast of the United States, North Sea, the Asia Pacific, and West Africa regions. The company operates through four segments: Well Intervention, Robotics, Production Facilities, and Shallow Water Abandonment segments. It engages in the installation of flowlines, control umbilicals, and manifold assemblies and risers; trenching and burial of pipelines; installation and tie-in of riser and manifold assembly; commissioning, testing, and inspection activities; and provision of cable and umbilical lay, and connection services. The company also provides well intervention, intervention engineering, and production enhancement services; coiled tubing operations; inspection, repair, and maintenance of production structures, trees, jumpers, risers, pipelines, and subsea equipment; and related support services. In addition, it offers reclamation and remediation services; well plug and abandonment services; pipeline, cable and umbilical abandonment services; and site inspections. Additionally, the company offers oil and natural gas processing facilities and services; and fast response system, as well as site clearance and subsea support services. Further, it provides offshore oilfield decommissioning and reclamation, project management, engineered solutions, intervention, maintenance, repair, heavy lift, and commercial diving services. It serves independent oil and gas producers and suppliers, pipeline transmission companies, renewable energy companies, and offshore engineering and construction firms. The company was formerly known as Cal Dive International, Inc. and changed its name to Helix Energy Solutions Group, Inc. in March 2006. Helix Energy Solutions Group, Inc. was incorporated in 1979 and is headquartered in Houston, Texas.

HLX Stock Price History

HLX Stock News Headlines

Helix Reports First Quarter 2024 Results
The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
HLX Apr 2024 7.000 put
Helix to Participate in Upcoming Events
The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
Helix to Participate in Upcoming Events
Q4 2023 Helix Energy Solutions Group Inc Earnings Call
Helix Energy Solutions Q4 Earnings Summary
Helix Reports Fourth Quarter and Full Year 2023 Results
What Wall Street expects from Helix Energy Solutions Group's earnings
HLX Dec 2024 17.000 call
HLX Dec 2024 7.000 put
HLX Mar 2024 20.000 call
See More Headlines
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Company Calendar

Last Earnings
2/26/2024
Today
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Oil & gas field services, not elsewhere classified
Sub-Industry
Oil & Gas Equipment & Services
CUSIP
42330P10
Employees
2,531
Year Founded
1980

Price Target and Rating

Average Stock Price Target
$14.67
High Stock Price Target
$17.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+33.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-10,840,000.00
Pretax Margin
0.58%

Debt

Sales & Book Value

Annual Sales
$1.29 billion
Cash Flow
$1.59 per share
Book Value
$9.96 per share

Miscellaneous

Free Float
143,172,000
Market Cap
$1.68 billion
Optionable
Optionable
Beta
2.50

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HLX Stock Analysis - Frequently Asked Questions

Should I buy or sell Helix Energy Solutions Group stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Helix Energy Solutions Group in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" HLX shares.
View HLX analyst ratings
or view top-rated stocks.

What is Helix Energy Solutions Group's stock price target for 2024?

3 Wall Street research analysts have issued twelve-month target prices for Helix Energy Solutions Group's stock. Their HLX share price targets range from $13.00 to $17.00. On average, they predict the company's share price to reach $14.67 in the next twelve months. This suggests a possible upside of 33.3% from the stock's current price.
View analysts price targets for HLX
or view top-rated stocks among Wall Street analysts.

How have HLX shares performed in 2024?

Helix Energy Solutions Group's stock was trading at $10.28 at the beginning of the year. Since then, HLX stock has increased by 7.0% and is now trading at $11.00.
View the best growth stocks for 2024 here
.

Are investors shorting Helix Energy Solutions Group?

Helix Energy Solutions Group saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 4,110,000 shares, a decline of 24.6% from the March 15th total of 5,450,000 shares. Based on an average trading volume of 1,740,000 shares, the days-to-cover ratio is presently 2.4 days. Currently, 2.9% of the shares of the stock are short sold.
View Helix Energy Solutions Group's Short Interest
.

How can I listen to Helix Energy Solutions Group's earnings call?

Helix Energy Solutions Group will be holding an earnings conference call on Thursday, April 25th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Helix Energy Solutions Group's earnings last quarter?

Helix Energy Solutions Group, Inc. (NYSE:HLX) posted its quarterly earnings data on Monday, February, 26th. The oil and gas company reported ($0.19) earnings per share for the quarter, missing analysts' consensus estimates of $0.10 by $0.29. The oil and gas company earned $335.16 million during the quarter, compared to analysts' expectations of $326.59 million. Helix Energy Solutions Group had a negative net margin of 0.84% and a positive trailing twelve-month return on equity of 3.40%. During the same quarter in the previous year, the company posted $0.09 earnings per share.

How will Helix Energy Solutions Group's stock buyback program work?

Helix Energy Solutions Group announced that its Board of Directors has authorized a stock repurchase program on Monday, February 20th 2023, which permits the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 16.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its stock is undervalued.

What guidance has Helix Energy Solutions Group issued on next quarter's earnings?

Helix Energy Solutions Group updated its FY 2024 earnings guidance on Wednesday, April, 17th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.2 billion-$1.4 billion, compared to the consensus revenue estimate of $1.3 billion.

What is Owen E. Kratz's approval rating as Helix Energy Solutions Group's CEO?

18 employees have rated Helix Energy Solutions Group Chief Executive Officer Owen E. Kratz on Glassdoor.com. Owen E. Kratz has an approval rating of 37% among the company's employees. This puts Owen E. Kratz in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Helix Energy Solutions Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Helix Energy Solutions Group investors own include Athersys (ATHX), Energy Transfer (ET), Advanced Micro Devices (AMD), Ford Motor (F), WPX Energy (WPX), General Electric (GE), Marathon Oil (MRO), Oasis Petroleum (OAS), Transocean (RIG) and Enterprise Products Partners (EPD).

Who are Helix Energy Solutions Group's major shareholders?

Helix Energy Solutions Group's stock is owned by many different institutional and retail investors. Top institutional investors include Guinness Asset Management LTD (0.26%), Rice Hall James & Associates LLC (0.18%), Los Angeles Capital Management LLC (0.07%), ARGA Investment Management LP (0.05%), Diversified Trust Co (0.03%) and Allspring Global Investments Holdings LLC (0.02%). Insiders that own company stock include Diana Glassman, John Lovoi and Scott Andrew Sparks.
View institutional ownership trends
.

How do I buy shares of Helix Energy Solutions Group?

Shares of HLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:HLX) was last updated on 4/25/2024 by MarketBeat.com Staff

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