Helix Energy Solutions Group, Inc. (NYSE:HLX) – Analysts at Capital One Financial Corporation issued their Q2 2018 earnings per share estimates for shares of Helix Energy Solutions Group in a note issued to investors on Tuesday. Capital One Financial Corporation analyst J. Gibney forecasts that the oil and gas company will post earnings of $0.07 per share for the quarter. Capital One Financial Corporation has a “Overweight” rating on the stock.

HLX has been the subject of a number of other reports. BidaskClub lowered Helix Energy Solutions Group from a “sell” rating to a “strong sell” rating in a research report on Friday, August 18th. Cowen and Company restated an “outperform” rating and issued a $10.00 price target on shares of Helix Energy Solutions Group in a research report on Tuesday, June 20th. Bank of America Corporation assumed coverage on Helix Energy Solutions Group in a research report on Tuesday, September 5th. They issued a “neutral” rating and a $7.00 price target for the company. Zacks Investment Research upgraded Helix Energy Solutions Group from a “sell” rating to a “hold” rating in a research report on Thursday, July 27th. Finally, Morgan Stanley restated an “overweight” rating and issued a $8.00 price target (down from $15.00) on shares of Helix Energy Solutions Group in a research report on Wednesday, June 21st. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the company’s stock. Helix Energy Solutions Group presently has an average rating of “Hold” and an average target price of $9.33.

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Shares of Helix Energy Solutions Group (HLX) traded down 0.89% during trading on Thursday, hitting $7.78. The stock had a trading volume of 1,140,527 shares. The firm’s 50-day moving average is $6.99 and its 200 day moving average is $6.29. The firm’s market cap is $1.15 billion. Helix Energy Solutions Group has a 52-week low of $4.82 and a 52-week high of $11.87.

Helix Energy Solutions Group (NYSE:HLX) last announced its earnings results on Sunday, July 23rd. The oil and gas company reported ($0.04) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.01). The company had revenue of $150.30 million during the quarter, compared to analysts’ expectations of $141.03 million. Helix Energy Solutions Group had a negative return on equity of 1.21% and a negative net margin of 12.09%. Helix Energy Solutions Group’s revenue for the quarter was up 40.2% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.10) EPS.

Several institutional investors and hedge funds have recently added to or reduced their stakes in HLX. First Trust Advisors LP boosted its position in shares of Helix Energy Solutions Group by 40.1% during the first quarter. First Trust Advisors LP now owns 79,148 shares of the oil and gas company’s stock worth $615,000 after buying an additional 22,663 shares during the period. Comerica Bank boosted its position in shares of Helix Energy Solutions Group by 27.3% during the first quarter. Comerica Bank now owns 153,136 shares of the oil and gas company’s stock worth $940,000 after buying an additional 32,829 shares during the period. Swiss National Bank boosted its position in shares of Helix Energy Solutions Group by 28.4% during the first quarter. Swiss National Bank now owns 225,900 shares of the oil and gas company’s stock worth $1,755,000 after buying an additional 50,000 shares during the period. UBS Asset Management Americas Inc. boosted its position in shares of Helix Energy Solutions Group by 36.1% during the first quarter. UBS Asset Management Americas Inc. now owns 52,933 shares of the oil and gas company’s stock worth $411,000 after buying an additional 14,031 shares during the period. Finally, Karp Capital Management Corp purchased a new position in shares of Helix Energy Solutions Group during the first quarter worth $522,000. Institutional investors and hedge funds own 86.85% of the company’s stock.

About Helix Energy Solutions Group

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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