Economy

Analysts Anticipate Helix Energy Solutions Group, Inc. (HLX) to Announce $0.02 EPS

HLX is up +19.3% over the last three months and down -11.3% over the last six months. Amalgamated Bank has an ownership of 18,427 stocks of the oil and gas firms shares valued at $104,000 following purchasing an extra 683 shares through out the quarter. Bank of Montreal Can now owns 81,629 shares of the oil and gas company's stock valued at $635,000 after buying an additional 34,183 shares during the period.

Hedge funds have recently made changes to their positions in the company.

On average, analysts expect that Helix Energy Solutions Group will report full year earnings of ($0.15) per share for the current year, with EPS estimates ranging from ($0.24) to ($0.09). State of Alaska Department of Revenue now owns 15,160 shares of the oil and gas company's stock worth $117,000 after acquiring an additional 3,030 shares in the last quarter. Princeton Alpha Management LP increased its position in Helix Energy Solutions Group by 4.8% during the first quarter. Following the completion of the sale, the insider now owns 273,360 shares in the company, valued at approximately $2,531,313.60. Princeton Alpha Management LP grew its holdings in shares of Helix Energy Solutions Group by 4.8% during the first quarter. Institutional investors own 86.89% of the company's stock. State of Alaska Department of Revenue grew its position in Helix Energy Solutions Group by 25.0% in the first quarter. Vident Investment Advisory, LLC owns 1,245,823 shares with a value of $7,026,000.

Several equities research analysts have commented on HLX shares.

10/06/2016 - D.A. Davidson began new coverage on Helix Energy Solutions Group, Inc. giving the company a "buy" rating.

Among 19 analysts covering Abbvie Inc (NYSE:ABBV), 8 have Buy rating, 1 Sell and 10 Hold.

Bank of America added HLX to its research portfolio setting a rating of "Neutral".

Investors often compare a stock's current price to an analyst price target to get a sense of the potential upside within the next year. Lastly, ValuEngine lowered the stock of Helix Energy Solutions Group from a "hold" recommendation to a "sell" recommendation in a analysis note on Friday morning, Jun 2nd. The company has a consensus rating of "Hold" and an average price target of $9.59.

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04/12/2016 - Helix Energy Solutions Group, Inc. was upgraded to "outperform" by analysts at Credit Suisse. (NYSE HLX) opened at 6.63 on Tuesday.

The market capitalization of Helix Energy Solutions Group, Inc.is at $1 Billion. Helix Energy Solutions Group, Inc. has a 12-month low of $2.81 and a 12-month high of $11.87.

Viking Fund Management Llc decreased its stake in Helix Energy Solutions (HLX) by 20% based on its latest 2016Q4 regulatory filing with the SEC. The Company has 357.73 million shares outstanding while EPS in next five years is expected to reach 5.60% while EPS growth in past 5 year was 8.50%. Helix Energy Solutions Group had a negative return on equity of 1.21% and a negative net margin of 12.09%. The company had revenue of $150.30 million for the quarter, compared to analysts' expectations of $141.03 million.

The company's Average Earnings Estimate for the Current Fiscal quarter is $0.01, according to consensus of 11 analysts. The company's average Piotroski F-Score: 6 during the last 7 years. Helix Energy Solutions Group's revenue was up 40.2% compared to the same quarter previous year.

More notable recent Helix Energy Solutions Group Inc (NYSE:HLX) news were published by: Seekingalpha.com which released: "Helix Energy Solutions Group (HLX) Q4 2016 Results - Earnings Call Transcript" on February 21, 2017, also Reuters.com with their article: "BRIEF-Helix Energy Solutions enters into amended, restated credit agreement" published on June 30, 2017, Streetinsider.com published: "BofA/Merrill Lynch Starts Helix Energy Solutions Group, Inc". The Company provides services to the offshore energy industry, with a focus on well intervention and robotics operations. The Firm operates in three divisions: Well Intervention, Robotics and Production Facilities.



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