Revenue Estimates for Brokers: Helix Energy Solutions Group, Inc. (HLX)

Lloyd Doyle
September 17, 2017

(NYSE:HLX) is 48. A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company. ValuEngine downgraded shares of Helix Energy Solutions Group from a "hold" rating to a "sell" rating in a research report on Friday, June 2nd. Helix Energy Solutions now has $1.04 billion valuation. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. The stock of Helix Energy Solutions Group Inc (NYSE:HLX) earned "Overweight" rating by Stephens on Thursday, January 21. Return on Assets (ROA) value of the stock is -2.8 Percent. Bank of Montreal Can boosted its holdings in Helix Energy Solutions Group by 72.0% in the 1st quarter. William Blair Investment Management, LLC owns 1,286,000 shares with a value of $7,253,000. As of the end of the quarter William Blair Investment Management, LLC had acquired 16,187 shares growing its stake by 1.3%. Short shares increased from 5,106,913 to 5,298,595 over that timeframe. With short interest at 5,298,595 and short average daily volume at 1,097,814, the short-interest ratio is 5.0 and the short interest percentage is 0.04% as of August 15. Institutional investors and hedge funds own 86.89% of the company's stock. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. As per Friday, July 7, the company rating was maintained by Cowen & Co. The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 2.00, which implies that analysts are generally neutral in their outlook for HLX over the next year. The rating was maintained by Cowen & Co with "Market Perform" on Tuesday, December 29. The C-Score of Helix Energy Solutions Group, Inc. Out of 14 Wall Street analysts rating Netflix, 8 give it "Buy", 3 "Sell" rating, while 3 recommend "Hold".

HLX is now undervalued by -17.77% relative to the average 1-year price target of $8.89 taken from a group of Wall Street Analysts. If you are accessing this piece on another domain, it was stolen and republished in violation of USA & global trademark and copyright law.

Shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) shares have moved 14.29% on the week. A company that manages their assets well will have a high return, while if manages their assets poorly will have a low return.

It is trading at $7.34 impressively higher than the 50 day moving average which is $6.30 and which is significantly above the 200 day moving average of $6.34. The company has market cap of $1.09 billion.

This company has been competing with others in the Basic Materials space and offers its own combination of interesting factors Helix Energy Solutions Group, Inc. Next quarter's EPS is forecasted at $-0.02 and the next full year EPS is projected to be $0.17. The count of Hold ratings in that period was 1. Analysts will also be watching the numbers closely in order to make sense of the results and update estimates accordingly. During the same quarter in the prior year, the company earned ($0.10) earnings per share. (HLX)'s mean Altman Z-Score: 1.17 during the last 7 years. On average, equities research analysts predict that Helix Energy Solutions Group will post ($0.14) earnings per share for the current year. The stock of Helix Energy Solutions Group Inc (NYSE:HLX) has "Overweight" rating given on Tuesday, April 19 by Morgan Stanley.

Helix Energy Solutions Group, an global offshore energy services company.

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