Helix Energy Solutions Group (NYSE:HLX – Get Free Report) will release its earnings data after the market closes on Wednesday, October 23rd. Analysts expect Helix Energy Solutions Group to post earnings of $0.21 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.
Helix Energy Solutions Group (NYSE:HLX – Get Free Report) last announced its quarterly earnings results on Wednesday, July 24th. The oil and gas company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.03. Helix Energy Solutions Group had a positive return on equity of 4.35% and a negative net margin of 0.49%. The firm had revenue of $364.80 million for the quarter, compared to analysts’ expectations of $353.19 million. During the same period in the prior year, the business posted $0.11 earnings per share. On average, analysts expect Helix Energy Solutions Group to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Helix Energy Solutions Group Price Performance
HLX stock opened at $10.00 on Tuesday. The firm has a 50 day moving average of $10.47 and a 200-day moving average of $11.03. The firm has a market capitalization of $1.52 billion, a P/E ratio of -47.62 and a beta of 2.41. Helix Energy Solutions Group has a 12 month low of $8.82 and a 12 month high of $13.05. The company has a current ratio of 2.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.21.
Insiders Place Their Bets
Analysts Set New Price Targets
A number of research firms have recently commented on HLX. Raymond James initiated coverage on shares of Helix Energy Solutions Group in a research report on Thursday, September 19th. They set a “strong-buy” rating and a $14.00 price target for the company. TD Cowen upped their target price on Helix Energy Solutions Group from $15.00 to $16.00 and gave the stock a “buy” rating in a research note on Tuesday, June 25th.
Check Out Our Latest Research Report on Helix Energy Solutions Group
About Helix Energy Solutions Group
Helix Energy Solutions Group, Inc, together with its subsidiaries, an offshore energy services company, provides specialty services to the offshore energy industry in Brazil, the Gulf of Mexico, the East Coast of the United States, North Sea, the Asia Pacific, and West Africa regions. The company operates through four segments: Well Intervention, Robotics, Production Facilities, and Shallow Water Abandonment segments.
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