Helix Energy Solutions Group Inc (NYSE: HLX) is -42.49% lower on its value in year-to-date trading and has touched a low of $5.66 and a high of $13.05 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 $6.72 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $6.85, the stock is 2.04% and 4.53% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.42 million and changing 1.93% at the moment leaves the stock -18.59% off its SMA200. HLX registered -26.50% loss for a year compared to 6-month loss of -28.05%. The firm has a 50-day simple moving average (SMA 50) of $6.553 and a 200-day simple moving average (SMA200) of $8.4145.
The stock witnessed a 3.47% gain in the last 1 month and extending the period to 3 months gives it a 4.90%, and is 6.70% up 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 5.39% over the week and 4.57% over the month.
Helix Energy Solutions Group Inc (HLX) has around 2313 employees, a market worth around $1.04B and $1.34B in sales. Current P/E ratio is 12.48 and Fwd P/E is 10.66. Profit margin for the company is 6.33%. Distance from 52-week low is 21.13% and -47.51% from its 52-week high. The company has generated returns on investments over the last 12 months (3.99%).
with sales reaching $326.61M over the same period.The EPS is expected to grow by 3.43% this year, but quarterly earnings will post -3.25% year-over-year. Quarterly sales are estimated to shrink -10.47% in year-over-year returns.
350.0 institutions hold shares in Helix Energy Solutions Group Inc (HLX), with institutional investors hold 96.92% of the company’s shares. The shares outstanding are 151.53M, and float is at 141.45M with Short Float at 4.30%. Institutions hold 90.57% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 23.29 million shares valued at $278.1 million. The investor’s holdings represent 15.2996 of the HLX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 13.68 million shares valued at $163.39 million to account for 8.9889 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 11.02 million shares representing 7.2381 and valued at over $131.56 million, while PACER ADVISORS, INC. holds 4.5036 of the shares totaling 6.86 million with a market value of $81.86 million.
Helix Energy Solutions Group Inc (HLX) Insider Activity
The most recent transaction is an insider sale by Neikirk Kenneth English, the company’s EVP, GEN COUNSEL & SECRETARY. SEC filings show that Neikirk Kenneth English sold 83,991 shares of the company’s common stock on Dec 30 ’24 at a price of $9.17 per share for a total of $0.77 million. Following the sale, the insider now owns 0.1 million shares.
