A healthy upside potential exists for Helix Energy Solutions Group Inc (HLX) Stock

BTIG Research raised the price target for the Helix Energy Solutions Group Inc (NYSE:HLX) stock from “a Neutral” to “a Buy”. The rating was released on October 26, 2022, according to finviz. We previously noted in another research note published on July 27, 2022 by Evercore ISI that upgraded the stock from an In-line to an Outperform with a price target of $8 for HLX stock. The research report from Piper Sandler has upgraded the stock from Neutral to Overweight, with a price target set at $5.60. The stock was downgraded by Piper Sandler, who disclosed in a research note on July 28, 2021, from Overweight to Neutral and set the price objective to $4.50.

The latest trade, Performances and Moving Averages give us the following Picture

The firm’s stock price fluctuated -10.51% within the last five trades and -10.90% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 16.78% in the last 6 months and 7.85% was added to its value over the previous 3 months. HLX stock is trading at a margin of -8.60%, -8.28% and 0.16% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.


As of the close of trading, HLX deals in the Energy domain. The stock is trading -15.16 percent below its 52-week high and 56.06 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 29.17. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.

What Does Helix Energy Solutions Group Inc’s Profitability and Valuation Ratios Tell Us About the Stock?

With regard to the profitability of the company, the operating margin is currently at 8.18 percent and the profit margin is -2.40 percent, and the company has reported a gross margin of 15.33 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.

The stock’s market cap achieved a total value of $1.57 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 12.22. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 1.18 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 1.07, which equates the market value of a stock with its book value.

Is Insider Trading a Real Thing?

Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 6.18 percent of Helix Energy Solutions Group Inc shares are owned by insiders, and 88.69 percent are held by financial institutions. KRATZ OWEN E, the PRESIDENT & CEO at Helix Energy Solutions Group Inc (HLX) has sold 1,050 shares of firm on May 23 ’24 at a price of $11.50 against the total amount of $12075.0. In another inside trade, KRATZ OWEN E, PRESIDENT & CEO of Helix Energy Solutions Group Inc (NYSE:HLX) sold 7,521 shares of the firm on May 22 ’24 for a total worth of $86795.0 at a price of $11.54. An inside trade which took place on May 21 ’24, PRESIDENT & CEO of Helix Energy Solutions Group Inc KRATZ OWEN E sold 164,796 shares of firm against total price of $1.94 million at the cost of $11.77 per share.

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