Helix Energy Solutions Group Inc (NYSE: HLX) has reported earnings for its third fiscal quarter (ending September 30) of $0.19 versus $0.10 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $0.04 versus $0.14 for the same period a year ago.
Recent Price Action
Helix Energy Solutions Group Inc (NYSE: HLX) stock closed at $9.52 on 10/23/24 after a modest decline of -2.0%. However, this decline was accompanied by below average trading volume at 78% of normal. The stock has performed in line with the market over the last nine months and has declined -6.3% during the last week.
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). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Helix Energy Solutions Group has a neutral Power Rating of 60 but a good Appreciation Score of 78, with the Positive Value Trend Rating the result.
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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