This trade activity should not be overlooked: Helix Energy Solutions Group Inc (HLX)

With 1.16 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.29 million shares. The 52-week range on HLX shows that it touched its highest point at $11.88 and its lowest point at $6.18 during that stretch. It currently has a 1-year price target of $15.00. Beta for the stock currently stands at 2.53.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HLX was down-trending over the past week, with a drop of -0.63%, but this was up by 0.75% over a month. Three-month performance dropped to -0.11% while six-month performance fell -2.77%. The stock gained 21.44% in the past year, while it has lost -7.98% so far this year. A look at the trailing 12-month EPS for HLX yields 0.13 with Next year EPS estimates of 0.65. For the next quarter, that number is 0.11. This implies an EPS growth rate of 141.12% for this year and 174.14% for next year.


Float and Shares Shorts:

At present, 151.94 million HLX shares are outstanding with a float of 141.34 million shares on hand for trading. On Jan 11, 2024, short shares totaled 9.02 million, which was 5.92% higher than short shares on Dec 14, 2023. In addition to Mr. Owen E. Kratz as the firm’s President, CEO & Director, Mr. Erik Staffeldt serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 95.81% of HLX’s outstanding shares, institutional investors have majority control over the company.


Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HLX since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With HLX analysts setting a high price target of $17.00 and a low target of $12.00, the average target price over the next 12 months is $15.00. Based on these targets, HLX could surge 79.7% to reach the target high and rise by 26.85% to reach the target low. Reaching the average price target will result in a growth of 58.56% from current levels.

Summary of Insider Activity:

Insiders traded HLX stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 6 while that of sell transactions has risen to 6 over the past year. The total number of shares bought during that period was 19,965 while 128,927 shares were sold.