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.

TRADEMARK VIOLATION NOTICE: This story was reported by Week Herald and is the sole property of of Week Herald. If you are accessing this story on another publication, it was stolen and republished in violation of United States and worldwide trademark & copyright laws. The legal version of this report can be accessed at https://www.dispatchtribunal.com/2017/09/12/helix-energy-solutions-group-inc-hlx-rating-increased-to-sell-at-bidaskclub.html.

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.



Like this

Latest


14 September 2017
Philadelphia Phillies release 2018 regular season schedule
A finalized schedule with start times will be released at a later date in the offseason. The Braves have a scheduled off day on Sunday, April 1, which coincides with Easter.

14 September 2017
Universal Display Corporation (NASDAQ:OLED) Valuation According To Analysts
Shares of Universal Display Corporation (NASDAQ: OLED ) have been recently spotted trading -1.79% off of the 52-week high price. Finally, TIAA CREF Investment Management LLC raised its stake in Universal Display Corporation by 37.1% in the third quarter.

14 September 2017
Garth Brooks, Keith Urban and More to Play Stagecoach 2018
Earlier this month, Garth Brooks started dropping hints that he was headed to California's biggest country music event. The three-day festival ticket is going for $329 at the moment, but these will not be available until September 22.

14 September 2017
Holds Holdings in Procter & Gamble Company (The) (NYSE:PG)
Burns J W & Company Inc Ny has 2.11% invested in Procter & Gamble Co (NYSE:PG). 754,976 were accumulated by Bridgeway Mngmt. Hermes Investment Management Ltd. increased its stake in Procter & Gamble Company (The) by 2,810.3% in the first quarter.

14 September 2017
Russell Investments Group Ltd. Acquires New Position in Dollar General Corporation (DG)
Northwestern Mutual Wealth Management Co. raised its position in shares of Dollar General Corporation by 2.4% in the 2nd quarter. As per Friday, March 11, the company rating was maintained by Jefferies. (NYSE:DG) on Thursday, August 31 with "Hold" rating .

14 September 2017
National Bank Financial Downgrades Rating On Canadian Pacific Railway Limite (CP)
The stock of Canadian Pacific Railway Limited (TSE:CP) has "Outperform" rating given on Thursday, January 19 by Scotia Capital. Finally, BTC Capital Management Inc. increased its stake in Canadian Pacific Railway Limited by 13.1% in the second quarter.

14 September 2017
Check out the first look at David Harbour in costume as Hellboy
To see just how much the two compare, check out a photo of both Harbour and Perlman as their respective Hellboy's below. Here, from Mignola's official Twitter page, is your first look at Harbour in full makeup and costume as Hellboy .

14 September 2017
Royal Bank Of Canada (NYSE:RY) Valuation According To Analysts
The stock of Royal Bank of Canada (NYSE:RY) has "Mkt Perform" rating given on Monday, February 27 by Keefe Bruyette & Woods. Finally, Guggenheim assumed coverage on shares of CMS Energy Corporation in a research report on Tuesday, September 5th.

14 September 2017
Quarterly Financial Update for Whitestone REIT (NYSE:WSR)
ILLEGAL ACTIVITY NOTICE: This article was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. Its minimum price target estimates has been figured out at $10 while the maximum price target forecast is established at $20.

14 September 2017
Pacific Biosciences of Californ (NASDAQ:PACB) Signals 'Overbought' Based on Its RSI
Zacks' earnings per share averages are an average based on a survey of analysts that cover Pacific Biosciences of California. It was reported on Sep, 12 by Barchart.com . (NASDAQ: PACB ), we have noted that performance for the previous week is 6.46%.



Recommended