Helix Energy Solutions Group (NYSE:HLX) shares traded 1.87% up during most recent session to reach at the closing price of $6.54. The stock exchanged hands 1.31 Million shares versus average trading capacity of 1.65 Million shares, yielding a market cap of $953.79 Million. Wall Street analysts covering the stock are projecting that the stock will reach $9.13 within the next 52-weeks. The mean target projections are based on 8 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Helix Energy Solutions Group (NYSE:HLX) high price target of $14 and with a conservative view have low price target of $7.
Cowen & Co. “Upgrades” Helix Energy Solutions Group (NYSE:HLX) in a research note issued to investors on 6/05/17 to Outperform with price target of $0.
Additionally on 10/06/16 DA Davidson “Initiates Coverage on” Helix Energy Solutions Group (NYSE:HLX) to Buy and on 7/26/16 Clarksons Platou “Upgrades” the stock to Buy. Furthermore on 4/21/16 Morgan Stanley “Maintained” the stock to Overweight at $15.5.
On the other hand the company has Relative Strength Index (RSI 14) of 68.56 along with Average True Range (ATR 14) of 0.35, Consequently Helix Energy Solutions Group (NYSE:HLX)’s weekly and monthly volatility is 6.73%, 5.82% respectively. The company’s beta value is at 2.61.
In terms of Buy, Sell or Hold recommendations, Helix Energy Solutions Group (NYSE:HLX) has analysts’ mean recommendation of 1.9. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Helix Energy Solutions Group (NYSE:HLX)’s minimum EPS for the current quarter is at $-0.04 and can go high up to $0.05. The consensus mean EPS for the current quarter is at $0.01 derived from a total of 10 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.1 earnings per share for the same quarter during last year.
While considering growth estimates of the company, it has next quarter growth estimates of 50% whereas during current quarter it has -90% estimations over growth, comparing to the estimations of 55.2% during current year and 230.8% for next year. Past 5 years growth of Helix Energy Solutions Group (NYSE:HLX) observed at -24.44%, looking forward for the next 5 years it has a strong prediction of 43% over growth.
Helix Energy Solutions Group (NYSE:HLX)’s revenue estimates for the current quarter are $164.83 Million according to 7 number of analysts, for the current quarter the company has high revenue estimates of $178.27 Million in contradiction of low revenue estimates of $151 Million. For the current year the company’s revenue estimates are $578.37 Million compared to low analyst estimates of $532 Million and high estimates of $592 Million according to 9 number of analysts.
Currently Helix Energy Solutions Group (NYSE:HLX)’s shares owned by insiders are 0.3%, whereas shares owned by institutional owners are 90.9%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -0.67%.
Helix Energy Solutions Group (NYSE:HLX) 52-week high price stands at $11.87 and low price stands at $4.82, its price distance from 52-week high is -44.9% while its distance from 52-week low price is 35.68%. The stock hit its 52-week high on 12/06/16, and 52-week low on 05/31/17.
Helix Energy Solutions Group (NYSE:HLX)’s trailing twelve month revenues are $544.1 Million, whereas its price to sales ratio for the same period is 1.75. Its book value per share for the most recent quarter is $10.26 while its price to book ratio for the same period is 0.64, as for as the company’s cash per share for the most recent quarter is $2.68, however its price to cash per share ratio for the same period is 2.44. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.