The stock of Helix Energy Solutions Group Inc (HLX) has gone down by -1.35% for the week, with a -7.25% drop in the past month and a -20.51% drop in the past quarter. The volatility ratio for the week is 2.39%, and the volatility levels for the past 30 days are 3.11% for HLX. The simple moving average for the last 20 days is -1.56% for HLX’s stock, with a simple moving average of -21.82% for the last 200 days.
Is It Worth Investing in Helix Energy Solutions Group Inc (NYSE: HLX) Right Now?
Helix Energy Solutions Group Inc (NYSE: HLX) has a higher price-to-earnings ratio of 213.23x compared to its average ratio. HLX has 36-month beta value of 2.44. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for HLX is 142.53M, and currently, short sellers hold a 5.34% ratio of that float. The average trading volume of HLX on February 21, 2025 was 1.31M shares.
HLX) stock’s latest price update
The stock price of Helix Energy Solutions Group Inc (NYSE: HLX) has dropped by -0.49 compared to previous close of 8.10. Despite this, the company has seen a fall of -1.35% in its stock price over the last five trading days. zacks.com reported 2025-02-10 that Helix Energy’s robotics unit, Helix Robotics Solutions, plans to deploy the Grand Canyon III trenching support vessel for the burial of inter-array cables at the Hornsea 3 Offshore Wind Farm.
Analysts’ Opinion of HLX
Raymond James, on the other hand, stated in their research note that they expect to see HLX reach a price target of $14. The rating they have provided for HLX stocks is “Strong Buy” according to the report published on September 19th, 2024.
BTIG Research gave a rating of “Buy” to HLX, setting the target price at $10 in the report published on October 26th of the previous year.
HLX Trading at -8.43% from the 50-Day Moving Average
After a stumble in the market that brought HLX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -38.24% of loss for the given period.
Volatility was left at 3.11%, however, over the last 30 days, the volatility rate increased by 2.39%, as shares sank -7.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.83% lower at present.
During the last 5 trading sessions, HLX fell by -1.35%, which changed the moving average for the period of 200-days by -26.39% in comparison to the 20-day moving average, which settled at $8.19. In addition, Helix Energy Solutions Group Inc saw -13.52% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HLX starting from Neikirk Kenneth English, who sale 83,991 shares at the price of $9.17 back on Dec 30 ’24. After this action, Neikirk Kenneth English now owns 104,549 shares of Helix Energy Solutions Group Inc, valued at $770,197 using the latest closing price.
Neikirk Kenneth English, the Officer of Helix Energy Solutions Group Inc, proposed sale 51,379 shares at $9.17 during a trade that took place back on Dec 30 ’24, which means that Neikirk Kenneth English is holding shares at $471,140 based on the most recent closing price.
Stock Fundamentals for HLX
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.16 for the gross margin
The net margin for Helix Energy Solutions Group Inc stands at 0.01. The total capital return value is set at 0.05. Equity return is now at value 0.46, with 0.28 for asset returns.
Based on Helix Energy Solutions Group Inc (HLX), the company’s capital structure generated 0.3 points at debt to capital in total, while cash flow to debt ratio is standing at 0.29. The debt to equity ratio resting at 0.43. The interest coverage ratio of the stock is 3.8.
Currently, EBITDA for the company is 192.99 million with net debt to EBITDA at 1.39. When we switch over and look at the enterprise to sales, we see a ratio of 1.17. The receivables turnover for the company is 4.72for trailing twelve months and the total asset turnover is 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.15.
Conclusion
To put it simply, Helix Energy Solutions Group Inc (HLX) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
