There’s No Getting Around Helix Energy Solutions Group Inc (NYSE: HLX) Success

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Most recently, Yahoo Finance reported about the stock as it publicized that Helix Announces Redemption of Its 6.75% Convertible Senior Notes Due 2026.

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Stocks Info

As a NYSE listed company, HLX falls under the Energy sector while operating within the Oil & Gas Equipment & Services industry segment. At the end of the last regular session, the stock closed at $9.57 and fluctuated between $9.73 as its day high and $9.52 as its day low. The current market capitalization of Helix Energy Solutions Group Inc is $1.44B. A total of 1.73 million shares were traded on the day, compared to an average of 2.55M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, HLX has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 6 BUYs and 6 SELLs from insiders. Insiders purchased 19,965 shares during that period but sold 128,927.

In the most recent transaction, Glassman Diana sold 6,800 shares of HLX for 11.41 per share on Sep 28. After the transaction, the Director now owns 27,990 company shares. In a previous transaction on Aug 18, Sparks Scott Andrew sold 10,000 shares at 9.53 per share. HLX shares that EVP and COO owns now total 163,948.

Among the insiders who sold shares, LOVOI JOHN disposed of 15,000 shares on Aug 11 at a per-share price of $9.69. This resulted in the Director holding 340,249 shares of HLX after the transaction. In another insider transaction, Sparks Scott Andrew sold 20,000 shares at $7.40 per share on Jun 08. Company shares held by the EVP and COO now total 173,948.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for HLX in the last 3 months, the mean price target is $15.00 with high estimates of $17.00 and low estimates of $12.00. In terms of 52-week highs and lows, HLX has a high of $11.88 and a low of $6.18.

As of this writing, HLX has an earnings estimate of $0.1 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.13 per share and a lower estimate of $0.09. The company reported an EPS of $0.05 in the last quarter, which was 66.70% higher than expectations of $0.03.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. HLX’s latest balance sheet shows that the firm has $253.51M in Cash & Short Term Investments as of fiscal 2021. There were $410.95M in debt and $278.28M in liabilities at the time. Its Book Value Per Share was $10.16, while its Total Shareholder’s Equity was $1.65B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HLX is Buy with a score of 4.25.

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