Important negative changes in Helix Energy Solutions Group Inc (NYSE: HLX) fundamentals have recently occurred: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Helix Energy Solutions Group Inc (NYSE: HLX). Important negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
HLX is expected to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
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 highly consistent signals. Helix Energy Solutions Group has a good Power Rating of 70 and a good Appreciation Score of 72, triggering the Positive Value Trend Rating.
Recent Price Action
Helix Energy Solutions Group Inc (NYSE: HLX) stock declined by -3.4% on 9/4/24. The shares closed at $10.28. NORMAL trading volume accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -8.7% during the last week.
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