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

September 17, 2017 - By Marie Mckinney

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

Wall Street await Helix Energy Solutions Group Inc (NYSE:HLX) to release earnings on October, 18. Analysts forecast earnings per share 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 2.57M 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 stock has “Outperform” rating by Credit Suisse on Tuesday, April 12. As per Tuesday, July 26, the company rating was upgraded by Clarksons Platou. Cowen & Co maintained Helix Energy Solutions Group Inc (NYSE:HLX) rating on Tuesday, June 20. Cowen & Co has “Outperform” rating and $10 target. Morgan Stanley upgraded the stock to “Overweight” rating in Thursday, March 17 report. Cowen & Co initiated Helix Energy Solutions Group Inc (NYSE:HLX) rating on Monday, September 21. Cowen & Co has “Market Perform” rating and $7 target. The rating was maintained by Morgan Stanley on Tuesday, April 19 with “Overweight”. The stock of Helix Energy Solutions Group Inc (NYSE:HLX) has “Buy” rating given on Wednesday, August 30 by Cowen & Co. The stock of Helix Energy Solutions Group Inc (NYSE:HLX) has “Overweight” rating given on Thursday, January 21 by Stephens. The stock has “Buy” rating by DA Davidson on Thursday, October 6. The firm has “Outperform” rating by Cowen & Co given on Monday, June 5.

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: Reuters.com which released: “BRIEF-Helix Energy Solutions sees 2017 revenues of about $575 mln” on March 03, 2017, also Seekingalpha.com with their article: “Helix Energy Solutions’ (HLX) CEO Owen Kratz on Q2 2017 Results – Earnings …” published on July 24, 2017, Seekingalpha.com published: “Helix Energy Solutions’ (HLX) CEO Owen Kratz on Q1 2017 Results – Earnings …” on April 24, 2017. More interesting news about Helix Energy Solutions Group Inc (NYSE:HLX) were released by: Reuters.com and their article: “BRIEF-Helix Energy Solutions enters into amended, restated credit agreement” published on June 30, 2017 as well as Seekingalpha.com‘s news article titled: “Helix Energy Solutions Group (HLX) Q4 2016 Results – Earnings Call Transcript” with publication date: February 21, 2017.

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