News headlines about Helix Energy Solutions Group (NYSE:HLX) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Helix Energy Solutions Group earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned headlines about the oil and gas company an impact score of 45.5028278019533 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the headlines that may have impacted Accern’s scoring:
- Helix Energy Solutions Group, Inc. (HLX) Receives Average Recommendation of “Buy” from Analysts (americanbankingnews.com)
- Buy or Hold? A Look at What the Technicals Are Saying About Helix Energy Solutions Group Inc (HLX) – Evergreen Caller (evergreencaller.com)
- Buy Consensus rating on stock: Helix Energy Solutions Group, Inc. (HLX) – Street Observer (press release) (streetobserver.com)
- Helix Energy Solutions Group, I (NYSE:HLX) Stock Traded Well Above Its 50 Day Moving Average – Modern Readers (modernreaders.com)
- ETFs with exposure to Helix Energy Solutions Group, Inc. : August 8, 2017 (finance.yahoo.com)
Several research analysts have recently issued reports on HLX shares. Zacks Investment Research downgraded shares of Helix Energy Solutions Group from a “hold” rating to a “sell” rating in a research note on Monday, June 26th. Morgan Stanley reiterated an “overweight” rating and issued a $8.00 target price (down previously from $15.00) on shares of Helix Energy Solutions Group in a research note on Wednesday, June 21st. Cowen and Company upgraded shares of Helix Energy Solutions Group from a “market perform” rating to an “outperform” rating and upped their target price for the stock from $8.00 to $10.00 in a research note on Monday, June 5th. Finally, ValuEngine downgraded shares of Helix Energy Solutions Group from a “hold” rating to a “sell” rating in a research report on Friday, June 2nd. One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company’s stock. Helix Energy Solutions Group currently has a consensus rating of “Buy” and a consensus price target of $9.96.
Shares of Helix Energy Solutions Group (HLX) traded down 0.17% during mid-day trading on Friday, hitting $5.84. 1,190,488 shares of the stock were exchanged. The company’s market cap is $862.47 million. The stock’s 50-day moving average price is $5.78 and its 200-day moving average price is $6.62. Helix Energy Solutions Group has a 52-week low of $4.82 and a 52-week high of $11.87.
Helix Energy Solutions Group (NYSE:HLX) last posted its earnings results on Sunday, July 23rd. The oil and gas company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by $0.01. Helix Energy Solutions Group had a negative net margin of 12.09% and a negative return on equity of 1.21%. The firm had revenue of $150.30 million during the quarter, compared to analyst estimates of $141.03 million. During the same quarter in the prior year, the firm earned ($0.10) earnings per share. The business’s revenue for the quarter was up 40.2% on a year-over-year basis. Equities research analysts anticipate that Helix Energy Solutions Group will post ($0.13) earnings per share for the current fiscal year.
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Helix Energy Solutions Group Company Profile
Helix Energy Solutions Group, Inc is an international offshore energy services company. The Company provides services to the offshore energy industry, with a focus on well intervention and robotics operations. The Company operates in three segments: Well Intervention, Robotics and Production Facilities.
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