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

September 17, 2017 - By Nellie Frank

 $0.02 EPS Expected 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 “Outperform” rating given on Tuesday, June 20 by Cowen & Co. As per Monday, June 5, the company rating was upgraded by Cowen & Co. Morgan Stanley maintained Helix Energy Solutions Group Inc (NYSE:HLX) on Tuesday, April 19 with “Overweight” rating. Cowen & Co maintained the shares of HLX in report on Friday, July 7 with “Buy” rating. The rating was initiated by DA Davidson on Thursday, October 6 with “Buy”. Cowen & Co initiated the stock with “Market Perform” rating in Monday, September 21 report. As per Wednesday, August 30, the company rating was maintained by Cowen & Co. Cowen & Co maintained Helix Energy Solutions Group Inc (NYSE:HLX) rating on Tuesday, December 29. Cowen & Co has “Market Perform” rating and $4.5 target. The firm earned “Outperform” rating on Tuesday, April 12 by Credit Suisse. Stephens upgraded the shares of HLX in report on Thursday, January 21 to “Overweight” 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 enters into amended, restated credit agreement” on June 30, 2017, also Seekingalpha.com with their article: “Helix Energy Solutions Group (HLX) Q4 2016 Results – Earnings Call Transcript” published on February 21, 2017, Fool.com published: “Here’s Why Helix Energy Solutions Group Inc Stock Sank Today” on April 24, 2017. More interesting news about Helix Energy Solutions Group Inc (NYSE:HLX) were released by: Reuters.com and their article: “BRIEF-Helix Energy Solutions sees 2017 revenues of about $575 mln” published on March 03, 2017 as well as Seekingalpha.com‘s news article titled: “Helix Energy Solutions’ (HLX) CEO Owen Kratz on Q2 2017 Results – Earnings …” with publication date: July 24, 2017.

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