Helix Energy Solutions Group Inc (NYSE: HLX) is -44.72% lower on its value in year-to-date trading and has touched a low of $5.66 and a high of $12.89 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 $6.53 in the last trading session, with the day’s gains setting it 0.43%.
Currently trading at $6.96, the stock is 7.82% and 5.97% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.71 million and changing 6.58% at the moment leaves the stock -15.21% off its SMA200. HLX registered -25.32% loss for a year compared to 6-month loss of -22.58%. The firm has a 50-day simple moving average (SMA 50) of $6.5678 and a 200-day simple moving average (SMA200) of $8.20865.
The stock witnessed a 5.14% gain in the last 1 month and extending the period to 3 months gives it a 6.75%, and is 12.99% 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 3.82% over the week and 4.35% over the month.
Helix Energy Solutions Group Inc (HLX) has around 2313 employees, a market worth around $1.05B and $1.34B in sales. Current P/E ratio is 12.68 and Fwd P/E is 10.87. Profit margin for the company is 6.33%. Distance from 52-week low is 23.08% and -46.00% from its 52-week high. The company has generated returns on investments over the last 12 months (3.99%).
The EPS is expected to grow by 1.82% this year
351.0 institutions hold shares in Helix Energy Solutions Group Inc (HLX), with institutional investors hold 96.81% of the company’s shares. The shares outstanding are 151.53M, and float is at 141.45M with Short Float at 4.15%. Institutions hold 90.47% 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.
