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Helix Energy Solutions Group Inc (HLX) Stock Forecast & Price Prediction

Live HLX Stock Price & Analysis

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$8.18

+0.01 (0.12%)

12 Month Price Forecast For HLX

$8.18
Current Price
$1.25B
Market Cap
7 Ratings
Buy 6
Hold 1
Sell 0
Wall St Analyst Ratings

Distance to HLX Price Forecasts

+83.4%
To High Target of $15.00
+71.1%
To Median Target of $14.00
+52.8%
To Low Target of $12.50

HLX Price Momentum

+2.1%
1 Week Change
-8.6%
1 Month Change
-17.5%
1 Year Change
-12.2%
Year-to-Date Change
-37.3%
From 52W High of $13.05
+5.4%
From 52W Low of $7.76

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 15, 2025 3:27 AM UTC

HLX Analyst Ratings & Price Targets

Based on our analysis of 11 Wall Street analysts, HLX has a bullish consensus with a median price target of $14.00 (ranging from $12.50 to $15.00). The overall analyst rating is Strong Buy (8.6/10). Currently trading at $8.18, the median forecast implies a 71.1% upside. This outlook is supported by 6 Buy, 1 Hold, and 0 Sell ratings.

The most optimistic forecast comes from James Schumm at TD Cowen, projecting a 83.4% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

HLX Analyst Consensus

6
Buy
1
Hold
0
Sell

HLX Price Target Range

Low
$12.50
Average
$14.00
High
$15.00
Current: $8.18

Latest HLX Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for HLX.

Date Firm Analyst Rating Change Price Target
Oct 25, 2024 TD Cowen James Schumm Buy Maintains $15.00
Oct 24, 2024 BTIG Greg Lewis Neutral Downgrade $0.00
Sep 19, 2024 Raymond James James Rollyson Strong Buy Initiates $14.00
Jun 26, 2024 TD Cowen James Schumm Buy Maintains $16.00
Jun 25, 2024 TD Cowen James Schumm Buy Maintains $16.00
Mar 11, 2024 Piper Sandler Ian Macpherson Overweight Maintains $11.00
Sep 20, 2023 BTIG Greg Lewis Buy Maintains $17.00
Jul 31, 2023 TD Cowen Outperform Maintains $0.00
Jul 31, 2023 Piper Sandler Overweight Maintains $0.00
Oct 26, 2022 BTIG Greg Lewis Buy Upgrade $10.00
Jul 27, 2022 Evercore ISI Group Samantha Hoh Outperform Upgrade $8.00
Apr 18, 2022 Piper Sandler Ian Macpherson Overweight Maintains $7.25
Mar 7, 2022 Piper Sandler Ian Macpherson Overweight Maintains $6.30
Jul 28, 2021 Piper Sandler Ian Macpherson Neutral Downgrade $4.50
Jul 16, 2021 B of A Securities Underperform Downgrade $0.00
Jun 9, 2021 Evercore ISI Group In-Line Downgrade $0.00
Apr 28, 2021 B of A Securities Mike Sabella Neutral Downgrade $5.00
Apr 1, 2021 BTIG Neutral Initiates $0.00
Jul 23, 2020 Piper Sandler Ian Macpherson Overweight Upgrade $6.00
May 28, 2020 B of A Securities Buy Upgrade $0.00

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The following stocks are similar to Helix Energy based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Helix Energy Solutions Group Inc (HLX) Financial Data

Helix Energy Solutions Group Inc has a market capitalization of $1.25B with a P/E ratio of 204.9x. The company generates $1.34B in trailing twelve-month revenue with a 0.5% profit margin.

Revenue growth is -13.5% quarter-over-quarter, while maintaining an operating margin of +13.0% and return on equity of +0.5%.

Valuation Metrics

Market Cap $1.25B
Enterprise Value $1.58B
P/E Ratio 204.9x
PEG Ratio 10.8x
Price/Sales 0.9x

Growth & Margins

Revenue Growth (YoY) -13.5%
Gross Margin +19.2%
Operating Margin +13.0%
Net Margin +0.5%
EPS Growth +89.7%

Financial Health

Cash/Price Ratio +26.1%
Current Ratio 2.3x
Debt/Equity 42.5x
ROE +0.5%
ROA +3.0%

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Helix Energy Solutions Group Inc logo

Helix Energy Solutions Group Inc (HLX) Company Overview

About Helix Energy Solutions Group Inc

What They Do

Provides specialty services to the offshore energy industry.

Business Model

The company operates through four segments: Well Intervention, Robotics, Production Facilities, and Shallow Water Abandonment. It generates revenue by offering installation, inspection, and maintenance services for offshore energy projects, including pipeline and riser installations, well intervention, and decommissioning services. Its clients include oil and gas producers, renewable energy companies, and engineering firms, ensuring a diverse revenue stream.

Additional Information

Helix Energy Solutions Group was formerly known as Cal Dive International, Inc. and has been operating since 1979, indicating a long-standing presence in the offshore energy sector. The company is headquartered in Houston, Texas, and serves various regions including Brazil, the Gulf of Mexico, and the North Sea.

Company Information

Sector

Energy

Industry

Oil & Gas Equipment & Services

Employees

2,531

CEO

Mr. Owen E. Kratz

Country

United States

IPO Year

1997

Helix Energy Solutions Group Inc (HLX) Latest News & Analysis

HLX stock latest news image
Quick Summary

Helix Energy's Helix Robotics Solutions will use the Grand Canyon III vessel for cable burial at the Hornsea 3 Offshore Wind Farm.

Why It Matters

Helix Energy's deployment of the Grand Canyon III for the Hornsea 3 project signals growth in renewable energy services, potentially boosting revenue and market position.

Source: Zacks Investment Research
Market Sentiment: Neutral
HLX stock latest news image
Quick Summary

Helix Robotics Solutions has secured a contract with Seaway7 for a 300-day project to bury inter-array cables for ร˜rsted's Hornsea 3 Offshore Wind Farm, starting Q3 2026.

Why It Matters

The contract awarded to Helix Robotics Solutions signals growth opportunities in the renewable energy sector, potentially boosting revenue and market confidence for Helix Energy Solutions Group.

Source: Business Wire
Market Sentiment: Neutral
HLX stock latest news image
Quick Summary

Helix Energy Solutions Group, Inc. (NYSE: HLX) will release its Q4 and full year 2024 results on February 24, 2025, and host a review on February 25, 2025, at 9:00 a.m. CT.

Why It Matters

Helix Energy's upcoming earnings report and presentation will provide key insights into financial performance, impacting stock valuation and investor sentiment.

Source: Business Wire
Market Sentiment: Neutral
HLX stock latest news image
Quick Summary

Helix Energy Solutions Group, Inc. (NYSE: HLX) will present at the TD Securities Energy Conference on Nov 19, 2024, and the Capital One Securities Energy Conference on Dec 10, 2024. Presentations will be publicly accessible.

Why It Matters

Helix Energy's participation in major energy conferences indicates potential growth opportunities and investor engagement, which could influence stock performance and market perception.

Source: Business Wire
Market Sentiment: Neutral
HLX stock latest news image
Quick Summary

Helix Energy Solutions Group, Inc (HLX) held its Q3 2024 earnings call, discussing financial performance and operational updates. Details on revenue and future guidance were provided.

Why It Matters

The Q3 2024 earnings call for Helix Energy Solutions Group provides insights into financial performance, operational efficiency, and market outlook, influencing stock valuation and investment decisions.

Source: Seeking Alpha
Market Sentiment: Neutral
HLX stock latest news image
Quick Summary

Helix Energy Solutions reported Q3 2024 net income of $29.5 million ($0.19/share), down from $32.3 million in Q2 2024 and up from $15.6 million in Q3 2023. Adjusted EBITDA was $87.6 million.

Why It Matters

Helix's declining net income and adjusted EBITDA indicate potential profitability challenges, which may affect stock performance and investor sentiment.

Source: Business Wire
Market Sentiment: Neutral

Frequently Asked Questions About HLX Stock

What is Helix Energy Solutions Group Inc's (HLX) stock forecast for 2025?

Based on our analysis of 11 Wall Street analysts, Helix Energy Solutions Group Inc (HLX) has a median price target of $14.00. The highest price target is $15.00 and the lowest is $12.50.

Is HLX stock a good investment in 2025?

According to current analyst ratings, HLX has 6 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $8.18. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for HLX stock?

Wall Street analysts predict HLX stock could reach $14.00 in the next 12 months. This represents a 71.1% increase from the current price of $8.18. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Helix Energy Solutions Group Inc's business model?

The company operates through four segments: Well Intervention, Robotics, Production Facilities, and Shallow Water Abandonment. It generates revenue by offering installation, inspection, and maintenance services for offshore energy projects, including pipeline and riser installations, well intervention, and decommissioning services. Its clients include oil and gas producers, renewable energy companies, and engineering firms, ensuring a diverse revenue stream.

What is the highest forecasted price for HLX Helix Energy Solutions Group Inc?

The highest price target for HLX is $15.00 from James Schumm at TD Cowen, which represents a 83.4% increase from the current price of $8.18.

What is the lowest forecasted price for HLX Helix Energy Solutions Group Inc?

The lowest price target for HLX is $12.50 from at , which represents a 52.8% increase from the current price of $8.18.

What is the overall HLX consensus from analysts for Helix Energy Solutions Group Inc?

The overall analyst consensus for HLX is bullish. Out of 11 Wall Street analysts, 6 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $14.00.

How accurate are HLX stock price projections?

Stock price projections, including those for Helix Energy Solutions Group Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.