Helix Energy Solutions Group Inc [NYSE: HLX] loss -0.45% or -0.03 points to close at $6.58 with a heavy trading volume of 4042452 shares.
The daily chart for HLX points out that the company has recorded -34.20% loss over the past six months.
If we look at the average trading volume of 1.85M shares, HLX reached to a volume of 4042452 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Helix Energy Solutions Group Inc [HLX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HLX shares is $13.38 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HLX stock is a recommendation set at 1.43. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BTIG Research have made an estimate for Helix Energy Solutions Group Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 24, 2024. While these analysts kept the previous recommendation, Raymond James raised their target price to Strong Buy. The new note on the price target was released on September 19, 2024, representing the official price target for Helix Energy Solutions Group Inc stock. Previously, the target price had yet another raise to $10, while BTIG Research analysts kept a Buy rating on HLX stock. On July 27, 2022, analysts increased their price target for HLX shares from 6 to 8.
The Average True Range (ATR) for Helix Energy Solutions Group Inc is set at 0.49, with the Price to Sales ratio for HLX stock in the period of the last 12 months amounting to 0.74. The Price to Book ratio for the last quarter was 0.65, with the Price to Cash per share for the same quarter was set at 2.44. Price to Free Cash Flow for HLX in the course of the last twelve months was 8.80 with Quick ratio for the last quarter at 2.23.
Trading performance analysis for HLX stock
Helix Energy Solutions Group Inc [HLX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.92. With this latest performance, HLX shares dropped by -23.58% in over the last four-week period, additionally sinking by -34.20% over the last 6 months – not to mention a drop of -39.30% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HLX stock in for the last two-week period is set at 40.31, with the RSI for the last a single of trading hit 41.27, and the three-weeks RSI is set at 40.39 for Helix Energy Solutions Group Inc [HLX]. The present Moving Average for the last 50 days of trading for this stock 7.76, while it was recorded at 6.62 for the last single week of trading, and 9.55 for the last 200 days.
Helix Energy Solutions Group Inc [HLX]: A deeper dive into fundamental analysis
Helix Energy Solutions Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.23 and a Current Ratio set at 2.28.
Helix Energy Solutions Group Inc [HLX]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HLX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Helix Energy Solutions Group Inc go to 44.67%.
An analysis of Institutional ownership at Helix Energy Solutions Group Inc [HLX]
There are presently around $94.06%, or 100.65%% of HLX stock, in the hands of institutional investors. The top three institutional holders of HLX stocks are: BLACKROCK INC. with ownership of 23.29 million shares, which is approximately 15.2996%. VANGUARD GROUP INC, holding 13.68 million shares of the stock with an approximate value of $$163.39 million in HLX stocks shares; and VANGUARD GROUP INC, currently with $$131.56 million in HLX stock with ownership which is approximately 7.2317%.
