$0.02 EPS Expected for Helix Energy Solutions Group Inc (HLX)

September 17, 2017 - By Marguerite Chambers

 $0.02 EPS Expected for Helix Energy Solutions Group Inc (HLX)

Wall Street await Helix Energy Solutions Group Inc (NYSE:HLX) to release earnings on October, 18. Analysts forecast EPS of $0.02, down exactly $0.08 or 80.00 % from 2014’s $0.1 EPS. The expected HLX’s profit could reach $2.96 million giving the stock 92.00 P/E in the case that $0.02 earnings per share is reported. After posting $-0.04 EPS for the previous quarter, Helix Energy Solutions Group Inc’s analysts now forecast -150.00 % EPS growth. The stock increased 0.20% or $0.02 on September 15, reaching $7.36. About 2.57 million shares traded or 129.46% up from the average. Helix Energy Solutions Group Inc (NYSE:HLX) has declined 16.48% since September 17, 2016 and is downtrending. It has underperformed by 33.18% the S&P500.

Helix Energy Solutions Group Inc (NYSE:HLX) Ratings Coverage

Among 9 analysts covering Helix Energy Solutions (NYSE:HLX), 7 have Buy rating, 1 Sell and 1 Hold. Therefore 78% are positive. Helix Energy Solutions had 23 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Stephens given on Thursday, January 21. TheStreet downgraded Helix Energy Solutions Group Inc (NYSE:HLX) on Friday, October 23 to “Sell” rating. On Thursday, October 6 the stock rating was initiated by DA Davidson with “Buy”. As per Tuesday, July 26, the company rating was upgraded by Clarksons Platou. The rating was initiated by Cowen & Co on Monday, September 21 with “Market Perform”. The stock of Helix Energy Solutions Group Inc (NYSE:HLX) has “Outperform” rating given on Monday, June 5 by Cowen & Co. The firm has “Outperform” rating given on Wednesday, February 24 by Iberia Capital Partners. Cowen & Co maintained Helix Energy Solutions Group Inc (NYSE:HLX) on Tuesday, December 29 with “Market Perform” rating. The rating was maintained by Cowen & Co on Friday, July 7 with “Buy”. Cowen & Co maintained Helix Energy Solutions Group Inc (NYSE:HLX) rating on Wednesday, August 30. Cowen & Co has “Buy” rating and $9.0 target.

Helix Energy Solutions Group, Inc. is an international offshore energy services company. The company has market cap of $1.09 billion. The Firm provides services to the offshore energy industry, with a focus on well intervention and robotics operations. It currently has negative earnings. The Firm operates in three divisions: Well Intervention, Robotics and Production Facilities.

More notable recent Helix Energy Solutions Group Inc (NYSE:HLX) news were published by: Seekingalpha.com which released: “Helix Energy Solutions’ (HLX) CEO Owen Kratz on Q1 2017 Results – Earnings …” on April 24, 2017, also Reuters.com with their article: “BRIEF-Helix Energy Solutions enters into amended, restated credit agreement” published on June 30, 2017, Fool.com published: “Here’s Why Helix Energy Solutions Group Inc Stock Sank Today” on April 24, 2017. More interesting news about Helix Energy Solutions Group Inc (NYSE:HLX) were released by: Seekingalpha.com and their article: “Helix Energy Solutions Group (HLX) Q4 2016 Results – Earnings Call Transcript” published on February 21, 2017 as well as Seekingalpha.com‘s news article titled: “Helix Energy Solutions’ (HLX) CEO Owen Kratz on Q2 2017 Results – Earnings …” with publication date: July 24, 2017.

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