Helix Energy Solutions Group, Inc. (NYSE:HLX) – Capital One Financial Corporation boosted their FY2018 earnings per share (EPS) estimates for Helix Energy Solutions Group in a report released on Tuesday. Capital One Financial Corporation analyst J. Gibney now anticipates that the oil and gas company will earn $0.21 per share for the year, up from their previous forecast of $0.20. Capital One Financial Corporation currently has a “Overweight” rating on the stock. Capital One Financial Corporation also issued estimates for Helix Energy Solutions Group’s FY2019 earnings at $0.18 EPS.

A number of other equities research analysts also recently weighed in on HLX. Zacks Investment Research raised Helix Energy Solutions Group from a “sell” rating to a “hold” rating in a report on Thursday, July 27th. BidaskClub downgraded Helix Energy Solutions Group from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Piper Jaffray Companies downgraded Helix Energy Solutions Group from an “overweight” rating to a “neutral” rating and raised their price objective for the company from $7.00 to $7.30 in a report on Wednesday, September 27th. Cowen Inc set a $9.00 price objective on Helix Energy Solutions Group and gave the company a “buy” rating in a report on Friday, October 6th. Finally, Bank of America Corporation assumed coverage on Helix Energy Solutions Group in a report on Tuesday, September 5th. They set a “neutral” rating and a $7.00 price objective on the stock. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $8.55.

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Shares of Helix Energy Solutions Group (NYSE:HLX) traded down $0.07 during mid-day trading on Wednesday, hitting $6.91. The company’s stock had a trading volume of 491,958 shares, compared to its average volume of 2,038,229. Helix Energy Solutions Group has a 52-week low of $4.82 and a 52-week high of $11.87. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.02 and a current ratio of 2.02.

Helix Energy Solutions Group (NYSE:HLX) last posted its quarterly earnings data on Monday, October 23rd. The oil and gas company reported $0.02 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.02. Helix Energy Solutions Group had a negative return on equity of 1.80% and a negative net margin of 13.72%. The firm had revenue of $163.30 million for the quarter, compared to analyst estimates of $168.97 million. During the same quarter last year, the company earned $0.10 EPS. The company’s revenue was up 1.2% on a year-over-year basis.

In related news, COO Scott Andrew Sparks sold 10,000 shares of the business’s stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $6.75, for a total value of $67,500.00. Following the completion of the sale, the chief operating officer now directly owns 151,530 shares of the company’s stock, valued at approximately $1,022,827.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Anthony Tripodo sold 6,466 shares of the business’s stock in a transaction dated Wednesday, October 25th. The shares were sold at an average price of $6.92, for a total value of $44,744.72. Following the completion of the sale, the executive vice president now directly owns 318,937 shares of the company’s stock, valued at $2,207,044.04. The disclosure for this sale can be found here. Insiders have sold a total of 27,734 shares of company stock worth $196,079 over the last ninety days. Company insiders own 5.70% of the company’s stock.

A number of institutional investors have recently modified their holdings of HLX. Amalgamated Bank increased its position in Helix Energy Solutions Group by 3.8% in the 2nd quarter. Amalgamated Bank now owns 18,427 shares of the oil and gas company’s stock valued at $104,000 after buying an additional 683 shares in the last quarter. Jane Street Group LLC acquired a new position in Helix Energy Solutions Group during the 3rd quarter valued at about $118,000. Green Square Capital LLC boosted its stake in Helix Energy Solutions Group by 1.7% during the 2nd quarter. Green Square Capital LLC now owns 21,392 shares of the oil and gas company’s stock valued at $121,000 after purchasing an additional 359 shares during the last quarter. Tudor Investment Corp ET AL acquired a new position in Helix Energy Solutions Group during the 1st quarter valued at about $129,000. Finally, GSA Capital Partners LLP acquired a new position in Helix Energy Solutions Group during the 2nd quarter valued at about $151,000. 86.31% of the stock is owned by institutional investors and hedge funds.

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.

Earnings History and Estimates for Helix Energy Solutions Group (NYSE:HLX)

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