Helix Energy Solutions Group, Inc. (NYSE:HLX) – Investment analysts at Capital One Financial Corporation raised their Q4 2018 earnings per share estimates for shares of Helix Energy Solutions Group in a research note issued on Tuesday. Capital One Financial Corporation analyst J. Gibney now anticipates that the oil and gas company will post earnings of $0.04 per share for the quarter, up from their prior estimate of $0.03. Capital One Financial Corporation currently has a “Overweight” rating on the stock.

Several other equities research analysts have also commented on the stock. Cowen Inc restated a “buy” rating and set a $9.00 target price on shares of Helix Energy Solutions Group in a research report on Friday, September 1st. BidaskClub lowered shares of Helix Energy Solutions Group from a “sell” rating to a “strong sell” rating in a research report on Friday, August 18th. Zacks Investment Research lowered shares of Helix Energy Solutions Group from a “hold” rating to a “sell” rating in a research report on Tuesday, October 24th. Piper Jaffray Companies lowered shares of Helix Energy Solutions Group from an “overweight” rating to a “neutral” rating and boosted their target price for the stock from $7.00 to $7.30 in a research report on Wednesday, September 27th. Finally, Bank of America Corporation began coverage on shares of Helix Energy Solutions Group in a research report on Tuesday, September 5th. They set a “neutral” rating and a $7.00 target price on the stock. Three analysts have rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company’s stock. Helix Energy Solutions Group presently has an average rating of “Hold” and a consensus target price of $8.55.

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Helix Energy Solutions Group (NYSE:HLX) traded down $0.07 during trading hours on Thursday, reaching $6.91. 491,958 shares of the company were exchanged, compared to its average volume of 2,038,229. Helix Energy Solutions Group has a 1 year low of $4.82 and a 1 year 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 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.02. Helix Energy Solutions Group had a negative net margin of 13.72% and a negative return on equity of 1.80%. The firm had revenue of $163.30 million for the quarter, compared to analyst estimates of $168.97 million. During the same period last year, the firm posted $0.10 EPS. Helix Energy Solutions Group’s quarterly revenue was up 1.2% on a year-over-year basis.

In other Helix Energy Solutions Group news, COO Scott Andrew Sparks sold 10,000 shares of the company’s stock in a transaction that occurred on 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 transaction, the chief operating officer now owns 151,530 shares in the company, valued at approximately $1,022,827.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Anthony Tripodo sold 6,466 shares of the company’s stock in a transaction that occurred on Wednesday, October 25th. The stock was sold at an average price of $6.92, for a total value of $44,744.72. Following the completion of the transaction, the executive vice president now owns 318,937 shares of the company’s stock, valued at approximately $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 valued at $196,079 in the last quarter. Company insiders own 5.70% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. boosted its holdings in Helix Energy Solutions Group by 31,634.0% in the 1st quarter. BlackRock Inc. now owns 17,588,903 shares of the oil and gas company’s stock worth $136,665,000 after acquiring an additional 17,533,477 shares during the period. Vanguard Group Inc. boosted its holdings in Helix Energy Solutions Group by 3.9% in the 2nd quarter. Vanguard Group Inc. now owns 13,135,138 shares of the oil and gas company’s stock worth $74,082,000 after acquiring an additional 487,976 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Helix Energy Solutions Group by 9.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 12,407,257 shares of the oil and gas company’s stock worth $69,976,000 after acquiring an additional 1,065,628 shares during the period. GMT Capital Corp boosted its holdings in Helix Energy Solutions Group by 10.5% in the 2nd quarter. GMT Capital Corp now owns 8,209,023 shares of the oil and gas company’s stock worth $42,441,000 after acquiring an additional 777,000 shares during the period. Finally, Victory Capital Management Inc. boosted its holdings in Helix Energy Solutions Group by 4.2% in the 3rd quarter. Victory Capital Management Inc. now owns 6,338,291 shares of the oil and gas company’s stock worth $46,840,000 after acquiring an additional 256,250 shares during the period. Hedge funds and other institutional investors own 86.31% 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.

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

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