Helix Energy Solutions Group, Inc. (HLX) Set to Announce Quarterly Earnings on Monday
Helix Energy Solutions Group, Inc. (NYSE:HLX) is scheduled to release its Q416 earnings data on Monday, February 20th. Analysts expect Helix Energy Solutions Group to post earnings of ($0.06) per share and revenue of $133.90 million for the quarter.
Shares of Helix Energy Solutions Group, Inc. (NYSE:HLX) opened at 7.73 on Friday. The stock has a 50 day moving average of $8.41 and a 200 day moving average of $8.73. The company’s market cap is $931.86 million. Helix Energy Solutions Group, Inc. has a 1-year low of $2.81 and a 1-year high of $11.87.
Several brokerages have recently issued reports on HLX. Zacks Investment Research cut shares of Helix Energy Solutions Group from a “buy” rating to a “hold” rating in a report on Monday, December 12th. Johnson Rice lowered Helix Energy Solutions Group from a “buy” rating to a “hold” rating and set a $10.00 price target for the company. in a research note on Monday, January 9th. Finally, Credit Suisse Group set a $14.00 price target on Helix Energy Solutions Group and gave the stock a “buy” rating in a research note on Monday, November 21st. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $10.25.
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In related news, insider Anthony Tripodo sold 5,562 shares of the firm’s stock in a transaction on Wednesday, January 4th. The stock was sold at an average price of $9.50, for a total value of $52,839.00. Following the completion of the sale, the insider now owns 344,993 shares of the company’s stock, valued at $3,277,433.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 7.46% of the company’s stock.
Helix Energy Solutions Group Company Profile
Helix Energy Solutions Group, Inc is an international offshore energy services company. The Company provides services to the offshore energy industry, with a focus on well intervention and robotics operations. The Company operates in three segments: Well Intervention, Robotics and Production Facilities.
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