Helix Energy Solutions Stock Today

HLX Stock  USD 10.84  0.02  0.18%   

Performance

5 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 27

 
100  
 
Zero
Below Average
Helix Energy is trading at 10.84 as of the 29th of March 2024; that is 0.18% increase since the beginning of the trading day. The stock's open price was 10.82. Helix Energy has about a 27 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Helix Energy Solutions are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Energy
IPO Date
1st of July 1997
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. Helix Energy Solutions Group, Inc. The company has 152.42 M outstanding shares of which 5.45 M shares are currently shorted by investors with about 2.64 days to cover. More on Helix Energy Solutions

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Helix Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Helix Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Helix Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOOwen Kratz
Business ConcentrationOil & Gas Equipment & Services, Energy, NYSE Composite, SP Small-Cap 600, Energy, Energy Equipment & Services, Oil & Gas Equipment & Services, Energy (View all Sectors)
Average Analyst Recommendation
Analysts covering Helix Energy report their recommendations after researching Helix Energy's financial statements, talking to executives and customers, or listening in on Helix Energy's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Helix Energy Solutions. The Helix consensus assessment is calculated by taking the average forecast from all of the analysts covering Helix Energy.
Financial Strength
Based on the key measurements obtained from Helix Energy's financial statements, Helix Energy Solutions may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Helix Energy Solutions is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.50.5
Slightly Down
Pretty Stable
Net Debt198 M208.4 M
Notably Down
Pretty Stable
Total Current Liabilities274.7 M448.6 M
Way Down
Slightly volatile
Non Current Liabilities Total924.9 M629.6 M
Way Up
Slightly volatile
Total Assets2.4 B2.6 B
Significantly Down
Very volatile
Total Current Assets499.6 M661.8 M
Way Down
Pretty Stable
Total Cash From Operating Activities208.4 M145.6 M
Way Up
Slightly volatile
Helix Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Helix Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Helix Energy's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Helix Energy's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Helix Energy's financial leverage. It provides some insight into what part of Helix Energy's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Helix Energy's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Helix Energy deploys its capital and how much of that capital is borrowed.
Liquidity
Helix Energy cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 540.57 M in debt with debt to equity (D/E) ratio of 0.32, which is OK given its current industry classification. Helix Energy Solutions has a current ratio of 1.41, which is typical for the industry and considered as normal. Debt can assist Helix Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Helix Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Helix Energy Solutions sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Helix to invest in growth at high rates of return. When we think about Helix Energy's use of debt, we should always consider it together with cash and equity.

End Period Cash Flow

263.83 Million
Helix Energy Solutions (HLX) is traded on New York Stock Exchange in USA. It is located in 3505 West Sam Houston Parkway North, Houston, TX, United States, 77043 and employs 2,531 people. Helix Energy is listed under Oil & Gas Equipment & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.65 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Helix Energy's market, we take the total number of its shares issued and multiply it by Helix Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Helix Energy Solutions runs under Energy Equipment & Services sector within Energy industry. The entity has 152.42 M outstanding shares of which 5.45 M shares are currently shorted by investors with about 2.64 days to cover. Helix Energy Solutions has about 186.6 M in cash with 145.64 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.07.
Check Helix Energy Probability Of Bankruptcy
Ownership Allocation
Helix Energy secures a total of 152.42 Million outstanding shares. The majority of Helix Energy Solutions outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Helix Energy to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Helix Energy Solutions. Please pay attention to any change in the institutional holdings of Helix Energy Solutions as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Helix Ownership Details

Helix Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Helix Energy jumping above the current price in 90 days from now is about 1.44%. The Helix Energy Solutions probability density function shows the probability of Helix Energy stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.5421. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Helix Energy will likely underperform. Additionally, helix Energy Solutions has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 10.84HorizonTargetOdds Above 10.84
98.54%90 days
 10.84 
1.44%
Based on a normal probability distribution, the odds of Helix Energy to move above the current price in 90 days from now is about 1.44 (This Helix Energy Solutions probability density function shows the probability of Helix Stock to fall within a particular range of prices over 90 days) .

Helix Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Helix Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Helix Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Helix Energy's value.
InstituionRecorded OnShares
Ameriprise Financial Inc2023-12-31
2.4 M
Orbis Allan Gray Ltd2023-12-31
2.3 M
American Century Companies Inc2023-12-31
2.1 M
Two Sigma Advisers, Llc2023-12-31
1.9 M
Charles Schwab Investment Management Inc2023-12-31
1.9 M
Public Employees Retirt Assn Of Colorado2023-12-31
1.9 M
Nuveen Asset Management, Llc2023-12-31
1.9 M
Goldman Sachs Group Inc2023-12-31
1.8 M
Fisher Asset Management, Llc2023-12-31
1.8 M
Blackrock Inc2023-12-31
26.3 M
Vanguard Group Inc2023-12-31
13.2 M
View Helix Energy Diagnostics

Helix Energy Historical Income Statement

Helix Energy Solutions Income Statement is one of the three primary financial statements used for reporting Helix's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Helix Energy Solutions revenue and expense. Helix Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Helix Energy's Interest Expense is fairly stable compared to the past year. Operating Income is likely to rise to about 111.2 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 127.8 M in 2024. View More Fundamentals

Helix Stock Against Markets

Picking the right benchmark for Helix Energy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Helix Energy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Helix Energy is critical whether you are bullish or bearish towards Helix Energy Solutions at a given time. Please also check how Helix Energy's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Helix Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Helix Energy Corporate Directors

Helix Energy corporate directors refer to members of a Helix Energy board of directors. The board of directors generally takes responsibility for the Helix Energy's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Helix Energy's board members must vote for the resolution. The Helix Energy board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Nancy QuinnIndependent DirectorProfile
James WattIndependent DirectorProfile
Jan RaskIndependent DirectorProfile
T PorterIndependent DirectorProfile

How to buy Helix Stock?

Before investing in Helix Energy, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Helix Energy. To buy Helix Energy stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Helix Energy. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Helix Energy stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Helix Energy Solutions stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Helix Energy Solutions stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Helix Energy Solutions, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Helix Stock please use our How to Invest in Helix Energy guide.

Already Invested in Helix Energy Solutions?

The danger of trading Helix Energy Solutions is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Helix Energy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Helix Energy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Helix Energy Solutions is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Helix Energy Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Helix Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Helix Energy Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Helix Energy Solutions Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helix Energy Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Helix Energy's price analysis, check to measure Helix Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Helix Energy is operating at the current time. Most of Helix Energy's value examination focuses on studying past and present price action to predict the probability of Helix Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Helix Energy's price. Additionally, you may evaluate how the addition of Helix Energy to your portfolios can decrease your overall portfolio volatility.
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Is Helix Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Helix Energy. If investors know Helix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Helix Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Earnings Share
(0.07)
Revenue Per Share
8.546
Quarterly Revenue Growth
0.164
Return On Assets
0.0268
The market value of Helix Energy Solutions is measured differently than its book value, which is the value of Helix that is recorded on the company's balance sheet. Investors also form their own opinion of Helix Energy's value that differs from its market value or its book value, called intrinsic value, which is Helix Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Helix Energy's market value can be influenced by many factors that don't directly affect Helix Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Helix Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Helix Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Helix Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.