Helix Energy Solutions Group Inc (NYSE: HLX) has reported E.P.S. of $-0.17 for its first fiscal quarter (ending March 31) versus $-0.03 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $-0.21 compared to $-0.33 a year ago.
Recent Price Action
Helix Energy Solutions Group Inc (NYSE: HLX) stock closed at $11.01 on 4/24/24 after a modest decline of -1.3%. NORMAL trading volume accompanied the decline. The stock has risen 1.3% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, HLX is expected to be a modest Value Builder.
Helix Energy Solutions Group has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Helix Energy Solutions Group has a neutral Power Rating of 55 but a good Appreciation Score of 75, resulting in the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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