Helix Energy Solutions Group (NYSE:HLX – Get Rating) issued its quarterly earnings results on Monday. The oil and gas company reported ($0.28) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.20) by ($0.08), MarketWatch Earnings reports. Helix Energy Solutions Group had a negative return on equity of 3.66% and a negative net margin of 9.12%. During the same quarter last year, the firm posted ($0.02) EPS.
NYSE HLX opened at $4.26 on Wednesday. The stock’s 50-day moving average price is $4.71 and its two-hundred day moving average price is $4.01. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.16. The company has a market cap of $645.97 million, a PE ratio of -10.39 and a beta of 2.96. Helix Energy Solutions Group has a 1 year low of $2.88 and a 1 year high of $6.70.
A number of equities analysts have recently issued reports on the stock. Capital One Financial reiterated an “equal weight” rating on shares of Helix Energy Solutions Group in a report on Friday, March 18th. Zacks Investment Research cut shares of Helix Energy Solutions Group from a “buy” rating to a “hold” rating in a research report on Wednesday, March 9th. Piper Sandler raised their price target on shares of Helix Energy Solutions Group from $6.30 to $7.25 and gave the company an “overweight” rating in a report on Monday, April 18th. Finally, StockNews.com started coverage on shares of Helix Energy Solutions Group in a report on Thursday, March 31st. They issued a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $5.50.
About Helix Energy Solutions Group (Get Rating)
Helix Energy Solutions Group, Inc, an offshore energy services company, provides specialty services to the offshore energy industry primarily in Brazil, the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. The company operates through three segments: Well Intervention, Robotics, and Production Facilities.
- Get a free copy of the StockNews.com research report on Helix Energy Solutions Group (HLX)
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