Media headlines about Helix Energy Solutions Group (NYSE:HLX) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Helix Energy Solutions Group earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave media stories about the oil and gas company an impact score of 45.5534189553919 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:
Shares of HLX traded down $0.18 during trading hours on Friday, hitting $5.91. The company’s stock had a trading volume of 1,213,549 shares, compared to its average volume of 1,889,334. The company has a market capitalization of $875.15, a price-to-earnings ratio of -39.40 and a beta of 2.52. Helix Energy Solutions Group has a 52-week low of $4.82 and a 52-week high of $8.70. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.25.
Helix Energy Solutions Group (NYSE:HLX) last issued its quarterly earnings data on Monday, February 19th. The oil and gas company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). The company had revenue of $163.27 million during the quarter, compared to analysts’ expectations of $157.65 million. Helix Energy Solutions Group had a net margin of 5.17% and a negative return on equity of 1.42%. sell-side analysts expect that Helix Energy Solutions Group will post 0.11 earnings per share for the current fiscal year.
Several brokerages have commented on HLX. Zacks Investment Research lowered shares of Helix Energy Solutions Group from a “buy” rating to a “hold” rating in a research report on Thursday, January 25th. Cowen reaffirmed an “outperform” rating and issued a $9.00 price objective (down previously from $10.00) on shares of Helix Energy Solutions Group in a research report on Thursday, February 22nd. Piper Jaffray set a $7.00 price objective on shares of Helix Energy Solutions Group and gave the stock a “hold” rating in a research report on Sunday, December 31st. ValuEngine lowered shares of Helix Energy Solutions Group from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Finally, Credit Suisse Group reaffirmed an “outperform” rating and issued a $11.00 price objective (down previously from $14.00) on shares of Helix Energy Solutions Group in a research report on Wednesday, February 21st. Four analysts have rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $8.54.
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About Helix Energy Solutions Group
Helix Energy Solutions Group, Inc is an international offshore energy services company. The Company provides services to the offshore energy industry, with a focus on well intervention and robotics operations. The Company operates in three segments: Well Intervention, Robotics and Production Facilities.
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