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Avinger Inc. (AVGR) Vs. Helix Energy Solutions Group Inc. (HLX): Which Is Riskier?

Avinger Inc. (NASDAQ: AVGR) shares are -53.87% down in the year-to-date (YTD) period and have moved 10.02% or $0.05 higher in the latest trading session. However, stock’s trailing 12-month performance remains nearly +118.13% lower. Comparatively, the stock is -60.17% down YTD and 61.82% over the trailing 3-month period. If we look at the shorter duration, its week performance is -25.79% and 22.16% over the month.


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Analyst Recommendations

On April 12, 2017, Oppenheimer recommended the AVGR stock is a Perform, while earlier, Ladenburg Thalmann had Initiated the stock as a Buy on March 09, 2018. 1 analysts offering the recommendations for the stock have a consensus rating of 2.50 to suggest that the AVGR stock is a “Moderate Buy. 0 of the 1 analysts rate the stock as a “Sell”, while 0 has rated it as “Underweight”. 0 recommend buying, with 0 rating it as an Overweight.

The stock currently trades at $0.53. The forecasts give the Avinger Inc. stock a price target range of $1.40 on the higher side while at least one analyst think the stock could plunge to a low of $1.40. The two limits represent an upside potential of 62.14% or 62.14%.

Earnings Forecast

Analysts estimate the earnings to increase 10.00% in the current quarter to -$0.16, up from the -$0.7 reported in the same quarter a year ago. For the current year, earnings should grow to an average of -$0.92, down -17.00% from -$3.18 reported last year. Analysts also offered guidance for the next financial quarter, with their average projected EPS at between -$0.18 and -$0.14. Wall Street estimates earnings per share to be at an average of -$0.49 for the next year.

Insider Transactions Summary

According to SEC data, total insider shares purchases at the company stands at 54 over the last 12 months, while SEC filings reveal that there have been 0 insider sales over the same period. Insiders have purchases 121,890 shares while those sold by company executives and officers stand at 0. The last 3 months have seen insiders trade a total of 0 and 0 in purchases and sales respectively.

Helix Energy Solutions Group Inc. (NYSE:HLX), on the other hand, is trading around $3.84 with a market cap of $632.52M and analyst research firms have a positive stance on its shares. Analysts predict that the stock will reach $5.88 and spell out a more modest performance – a 34.69% return. Some analysts are even forecasting -$0.11 per share in earnings this year on a short term (1 year) basis.

Let us briefly look at the Helix Energy Solutions Group Inc. (HLX) financials, with a focus on its operating details as indicated in its earnings report for the last quarter.

Company balance sheet and cash flow

HLX’s operating margin was positive on the trailing 12 months basis, remaining steady at 4.90%, while the operating expenses over the recent quarter were at $7.06 million. This represented a 96.45% of the company’s total revenues which amounted $199.15 million. With this in place, we can see that the company’s diluted EPS inclined $0.04 on the year-over-year period, growing to $0.11 as given in the last earnings report.

In terms of the balance sheet & cash flow as of (Sep 2020), the total assets figure advanced to $2.48 billion from $2.51 billion over the previous quarter. The cash flow from operating activities totaled $6.04 million, significantly lower than the $32.56 million reported in the year-ago quarter. The company’s free cash flow for the quarter was -$11.54 million.

Insider activity

Insiders have transacted a total of 8 times at Helix Energy Solutions Group Inc. over the last 6 months, with insider purchases undertaken 7 times and accounting for 272,758 shares. Insider sales totaled 2,646 shares over the same period, with these deals completed in 1 transactions. Looking at these numbers, we realize that net purchases over that period are 6.0 shares. Insiders now hold a total of 9.02M shares after the latest sales, with -4.10% net shares purchased.

Major holders

Insiders own 5.10% of the company shares, while shares held by institutions stand at 85.40% with a share float percentage of 141.03M. Investors are also buoyed by the number of investors in a company, with Helix Energy Solutions Group Inc. having a total of 300 institutions that hold shares in the company.

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