With 2.19 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.36 million shares. The 52-week range on HLX shows that it touched its highest point at $13.05 and its lowest point at $7.76 during that stretch. It currently has a 1-year price target of $14.33. Beta for the stock currently stands at 2.42.
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 up-trending over the past week, with a rise of 3.18%, but this was down by -0.12% over a month. Three-month performance dropped to -24.66% while six-month performance fell -23.71%. The stock lost -17.03% in the past year, while it has lost -9.55% so far this year. A look at the trailing 12-month EPS for HLX yields 0.36 with Next year EPS estimates of 0.91. For the next quarter, that number is 0.04. This implies an EPS growth rate of 111.57% for this year and 19.14% for next year.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HLX since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.4076 being high and $0.34813 being low. For HLX, this leads to a yearly average estimate of $0.38148.
