Helix Energy Solutions Group (HLX) Earning Somewhat Favorable Media Coverage, Analysis Finds

Media coverage about Helix Energy Solutions Group (NYSE:HLX) has been trending somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Helix Energy Solutions Group earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned media headlines about the oil and gas company an impact score of 47.1475761517482 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the news stories that may have impacted Accern’s rankings:

HLX has been the topic of a number of recent analyst reports. TheStreet raised Helix Energy Solutions Group from a “d+” rating to a “c-” rating in a research note on Wednesday, May 9th. Raymond James raised Helix Energy Solutions Group from a “market perform” rating to an “outperform” rating in a research note on Thursday, April 26th. Piper Jaffray Companies raised Helix Energy Solutions Group from a “neutral” rating to an “overweight” rating and set a $9.00 price objective on the stock in a research note on Wednesday, April 25th. ValuEngine raised Helix Energy Solutions Group from a “strong sell” rating to a “sell” rating in a research note on Tuesday, April 24th. Finally, Zacks Investment Research downgraded Helix Energy Solutions Group from a “hold” rating to a “sell” rating in a research note on Thursday, February 22nd. Four equities research analysts have rated the stock with a sell rating and six have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $8.88.



Helix Energy Solutions Group traded up $0.04, reaching $7.44, during midday trading on Wednesday, Marketbeat.com reports. The stock had a trading volume of 10,115 shares, compared to its average volume of 1,132,140. Helix Energy Solutions Group has a 12 month low of $4.87 and a 12 month high of $8.70. The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of -49.60 and a beta of 2.46. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.42 and a quick ratio of 2.42.

Helix Energy Solutions Group (NYSE:HLX) last issued its earnings results on Monday, April 23rd. The oil and gas company reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.04. Helix Energy Solutions Group had a negative return on equity of 0.50% and a net margin of 6.85%. The business had revenue of $164.26 million during the quarter, compared to analyst estimates of $144.12 million. During the same period in the previous year, the company posted ($0.12) EPS. The firm’s revenue was up 57.1% compared to the same quarter last year. sell-side analysts expect that Helix Energy Solutions Group will post 0.15 EPS for the current year.

About Helix Energy Solutions Group

Helix Energy Solutions Group, Inc, an offshore energy services company, provides specialty services to the offshore energy industry primarily in Brazil, the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. The company operates through three segments: Well Intervention, Robotics, and Production Facilities.

Insider Buying and Selling by Quarter for Helix Energy Solutions Group (NYSE:HLX)

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