Helix Energy Solutions Group, Inc. (NYSE:HLX) – Equities researchers at Capital One Financial Corporation upped their Q3 2017 earnings per share estimates for Helix Energy Solutions Group in a note issued to investors on Tuesday. Capital One Financial Corporation analyst J. Gibney now expects that the oil and gas company will post earnings per share of $0.05 for the quarter, up from their prior forecast of $0.03. Capital One Financial Corporation also issued estimates for Helix Energy Solutions Group’s Q2 2018 earnings at $0.00 EPS and Q4 2018 earnings at $0.06 EPS.

HLX has been the topic of several other research reports. ValuEngine downgraded Helix Energy Solutions Group from a “hold” rating to a “sell” rating in a report on Friday, June 2nd. Zacks Investment Research downgraded Helix Energy Solutions Group from a “buy” rating to a “hold” rating in a report on Wednesday, April 26th. Cowen and Company reiterated an “outperform” rating and issued a $10.00 target price on shares of Helix Energy Solutions Group in a report on Tuesday, June 20th. 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 report on Wednesday, June 21st. Finally, Tudor Pickering upgraded Helix Energy Solutions Group from a “hold” rating to a “buy” rating in a report on Monday, April 3rd. Two analysts have rated the stock with a sell rating, one has given a hold rating and eight have assigned a buy rating to the company’s stock. Helix Energy Solutions Group currently has an average rating of “Buy” and an average target price of $9.96.

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Shares of Helix Energy Solutions Group (NYSE HLX) opened at 6.09 on Wednesday. The stock’s market capitalization is $888.77 million. Helix Energy Solutions Group has a one year low of $4.82 and a one year high of $11.87. The stock’s 50 day moving average is $5.49 and its 200-day moving average is $6.83.

Helix Energy Solutions Group (NYSE:HLX) last issued its quarterly earnings results on Sunday, July 23rd. The oil and gas company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by $0.01. The firm had revenue of $150.30 million for the quarter, compared to analysts’ expectations of $141.03 million. Helix Energy Solutions Group had a negative return on equity of 1.23% and a negative net margin of 12.09%. The business’s quarterly revenue was up 40.2% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.10) earnings per share.

A number of large investors have recently made changes to their positions in the company. State Board of Administration of Florida Retirement System boosted its stake in shares of Helix Energy Solutions Group by 3.1% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 90,811 shares of the oil and gas company’s stock worth $801,000 after buying an additional 2,724 shares during the last quarter. FMR LLC boosted its stake in shares of Helix Energy Solutions Group by 44.4% in the fourth quarter. FMR LLC now owns 2,700,198 shares of the oil and gas company’s stock worth $23,816,000 after buying an additional 829,748 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of Helix Energy Solutions Group by 140.6% in the fourth quarter. AQR Capital Management LLC now owns 172,114 shares of the oil and gas company’s stock worth $1,518,000 after buying an additional 100,566 shares during the last quarter. Teachers Retirement System of The State of Kentucky boosted its stake in shares of Helix Energy Solutions Group by 27.5% in the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 26,000 shares of the oil and gas company’s stock worth $229,000 after buying an additional 5,600 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Helix Energy Solutions Group during the fourth quarter worth about $9,047,000. 89.12% of the stock is owned by hedge funds and other institutional investors.

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.

Earnings History and Estimates for Helix Energy Solutions Group (NYSE:HLX)

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