Analysts See $0.02 EPS for Helix Energy Solutions Group Inc (HLX)

September 17, 2017 - By Linda Rogers

 Analysts See $0.02 EPS for Helix Energy Solutions Group Inc (HLX)

Investors wait Helix Energy Solutions Group Inc (NYSE:HLX) to report on October, 18. its quarterly earnings Wall Street analysts expect $0.02 earnings per share, down $0.08 or 80.00 % from last year’s $0.1 same quarter earnings. This translates into $2.96 million profit for HLX giving the stock a 92.00 P/E. This is assuming the current $0.02 EPS is accurate. Helix Energy Solutions Group Inc’s Wall Street analysts see -150.00 % EPS growth, taking into account the $-0.04 EPS reproted in the previous quarter, The stock increased 0.20% or $0.02 on September 15, reaching $7.36. About 2.57 million shares traded or 129.46% up from the average. Helix Energy Solutions Group Inc (NYSE:HLX) has declined 16.48% since September 17, 2016 and is downtrending. It has underperformed by 33.18% the S&P500.

Helix Energy Solutions Group Inc (NYSE:HLX) Ratings Coverage

Among 9 analysts covering Helix Energy Solutions (NYSE:HLX), 7 have Buy rating, 1 Sell and 1 Hold. Therefore 78% are positive. Helix Energy Solutions had 23 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, August 30 by Cowen & Co. The stock has “Outperform” rating by Cowen & Co on Tuesday, June 20. The firm has “Overweight” rating by Morgan Stanley given on Tuesday, April 19. The stock has “Overweight” rating by Stephens on Thursday, January 21. The firm earned “Outperform” rating on Monday, June 5 by Cowen & Co. The stock of Helix Energy Solutions Group Inc (NYSE:HLX) has “Buy” rating given on Thursday, October 6 by DA Davidson. The rating was maintained by Cowen & Co with “Buy” on Friday, July 7. The rating was maintained by Cowen & Co on Tuesday, December 29 with “Market Perform”. Morgan Stanley upgraded Helix Energy Solutions Group Inc (NYSE:HLX) rating on Thursday, March 17. Morgan Stanley has “Overweight” rating and $10 target. Cowen & Co initiated Helix Energy Solutions Group Inc (NYSE:HLX) on Monday, September 21 with “Market Perform” rating.

Helix Energy Solutions Group, Inc. is an international offshore energy services company. The company has market cap of $1.09 billion. The Firm provides services to the offshore energy industry, with a focus on well intervention and robotics operations. It currently has negative earnings. The Firm operates in three divisions: Well Intervention, Robotics and Production Facilities.

More notable recent Helix Energy Solutions Group Inc (NYSE:HLX) news were published by: Reuters.com which released: “BRIEF-Helix Energy Solutions sees 2017 revenues of about $575 mln” on March 03, 2017, also Seekingalpha.com with their article: “Helix Energy Solutions’ (HLX) CEO Owen Kratz on Q1 2017 Results – Earnings …” published on April 24, 2017, Seekingalpha.com published: “Helix Energy Solutions’ (HLX) CEO Owen Kratz on Q2 2017 Results – Earnings …” on July 24, 2017. More interesting news about Helix Energy Solutions Group Inc (NYSE:HLX) were released by: Seekingalpha.com and their article: “Helix Energy Solutions Group (HLX) Q4 2016 Results – Earnings Call Transcript” published on February 21, 2017 as well as Reuters.com‘s news article titled: “BRIEF-Helix Energy Solutions enters into amended, restated credit agreement” with publication date: June 30, 2017.

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