Helix Energy Solutions Group Inc (NYSE: HLX) is -9.44% lower on its value in year-to-date trading and has touched a low of $6.18 and a high of $11.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HLX stock was last observed hovering at around $9.57 in the last trading session, with the day’s loss setting it -0.26%.
Currently trading at $9.31, the stock is -2.43% and -4.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.88 million and changing -2.72% at the moment leaves the stock 0.30% off its SMA200. HLX registered 10.70% gain for a year compared to 6-month loss of -8.19%. The firm has a 50-day simple moving average (SMA 50) of $1.37 and a 200-day simple moving average (SMA200) of $8.05.
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The stock witnessed a -2.21% gain in the last 1 month and extending the period to 3 months gives it a -0.11%, and is -9.17% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.29% over the week and 3.56% over the month.
Helix Energy Solutions Group Inc (HLX) has around 2531 employees, a market worth around $1.42B and $1.29B in sales. Fwd P/E is 10.09. Profit margin for the company is -0.84%. Distance from 52-week low is 50.53% and -21.60% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.56%).
Helix Energy Solutions Group Inc quarterly earnings per share for the current quarter are estimated at $0.02 with sales reaching $308.25M over the same period.The EPS is expected to grow by 999.08% this year, but quarterly earnings will post 5.40% year-over-year. Quarterly sales are estimated to grow 23.30% in year-over-year returns.
Helix Energy Solutions Group Inc (HLX) Top Institutional Holders
329 institutions hold shares in Helix Energy Solutions Group Inc (HLX), with institutional investors hold 99.21% of the company’s shares. The shares outstanding are 152.29M, and float is at 143.06M with Short Float at 4.43%. Institutions hold 92.95% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 24.57 million shares valued at $181.31 million. The investor’s holdings represent 16.29% of the HLX Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 13.48 million shares valued at $99.47 million to account for 8.94% of the shares outstanding. The other top investors are Dimensional Fund Advisors LP which holds 9.95 million shares representing 6.60% and valued at over $73.44 million, while State Street Corporation holds 4.24% of the shares totaling 6.4 million with a market value of $47.25 million.
Helix Energy Solutions Group Inc (HLX) Insider Activity
A total of 4 insider transactions have happened at Helix Energy Solutions Group Inc (HLX) in the last six months, with sales accounting for 2 and purchases happening 2 times. The most recent transaction is an insider sale by Glassman Diana,the company’sDirector. SEC filings show that Glassman Diana sold 6,800 shares of the company’s common stock on Sep 28 at a price of $11.41 per share for a total of $77588.0. Following the sale, the insider now owns 27990.0 shares.
Helix Energy Solutions Group Inc disclosed in a document filed with the SEC on Aug 18 that Sparks Scott Andrew (EVP and COO) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Aug 18 and was made at $9.53 per share for $95300.0. Following the transaction, the insider now directly holds 0.16 million shares of the HLX stock.
Still, SEC filings show that on Aug 11, LOVOI JOHN (Director) disposed off 15,000 shares at an average price of $9.69 for $0.15 million. The insider now directly holds 340,249 shares of Helix Energy Solutions Group Inc (HLX).
Helix Energy Solutions Group Inc (HLX): Who are the competitors?
The company’s main competitors (and peers) include Enterprise Products Partners L.P. (EPD) that is trading 5.41% up over the past 12 months. Oceaneering International Inc. (OII) that is -6.13% lower over the same period.
