Helix Energy Solutions Group (NYSE: HLX) released its earnings data on Wednesday. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.10. The company had revenue of $201.70 million for the quarter, compared to the consensus estimate of $344.50 million. During the same quarter last year, the company posted $0.16 earnings per share. Helix Energy Solutions Group?s revenue was up .8% compared to the same quarter last year.
Several analysts have also recently commented on the stock. Analysts at Raymond James downgraded shares of Helix Energy Solutions Group from an ?outperform? rating to a ?market perform? rating in a research note to investors on Friday, February 15th. On the ratings front, analysts at Zacks upgraded shares of Helix Energy Solutions Group from an ?underperform? rating to a ?neutral? rating in a research note to investors on Wednesday, February 13th. They now have a $24.90 price target on the stock. Finally, analysts at Morgan Stanley upgraded shares of Helix Energy Solutions Group from an ?equal weight? rating to an ?overweight? rating in a research note to investors on Tuesday, January 15th. They now have a $27.00 price target on the stock. Two analysts have rated the stock with a buy rating, four have assigned an overweight rating, and one has given a hold rating to the stock. The company has a consensus rating of ?overweight? and a consensus price target of $26.60.
Shares of Helix Energy Solutions Group (HLX) traded down 3.73% during mid-day trading on Wednesday, hitting $23.75. Helix Energy Solutions Group (HLX) has a one year low of $14.90 and a one year high of $25.49. The stock?s 50-day moving average is currently $22.. The company has a market cap of $2.502 billion and a P/E ratio of 18.40. Helix Energy Solutions Group, Inc. (Helix) is an international offshore energy company providing reservoir development solutions and other contracting services to the energy market, as well as to its own oil and gas properties.