Helix Energy Solutions Group, Inc. (HLX)
NYSE: HLX · IEX Real-Time Price · USD
11.29
+0.28 (2.54%)
At close: Apr 25, 2024, 4:00 PM
11.40
+0.11 (0.97%)
After-hours: Apr 25, 2024, 7:42 PM EDT
HLX Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for HLX stock have an average target of 13.67, with a low estimate of 11 and a high estimate of 17. The average target predicts an increase of 21.08% from the current stock price of 11.29.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 11, 2024.
Analyst Ratings
The average analyst rating for HLX stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $16 → $11 | Buy | Maintains | $16 → $11 | -2.57% | Mar 11, 2024 |
| BTIG | BTIG | Strong Buy Maintains $14 → $17 | Strong Buy | Maintains | $14 → $17 | +50.58% | Sep 20, 2023 |
| TD Cowen | TD Cowen | Buy Maintains $11 → $13 | Buy | Maintains | $11 → $13 | +15.15% | Jul 31, 2023 |
| Piper Sandler | Piper Sandler | Buy Maintains $13 → $14 | Buy | Maintains | $13 → $14 | +24.00% | Jul 31, 2023 |
| BTIG | BTIG | Hold → Strong Buy Upgrades $10 | Hold → Strong Buy | Upgrades | $10 | -11.43% | Oct 26, 2022 |
Financial Forecast
Revenue This Year
1.34B
from 1.29B
Increased by 3.59%
Revenue Next Year
1.44B
from 1.34B
Increased by 7.86%
EPS This Year
0.51
from -0.07
EPS Next Year
0.87
from 0.51
Increased by 70.12%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.4B | 1.5B | 1.6B | 1.7B | 1.8B |
| Avg | 1.3B | 1.4B | 1.5B | 1.7B | 1.7B |
| Low | 1.3B | 1.4B | 1.5B | 1.6B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.6% | 15.3% | 9.1% | 14.3% | 8.2% |
| Avg | 3.6% | 7.9% | 4.9% | 9.9% | 4.1% |
| Low | -1.6% | 2.4% | 1.8% | 6.7% | 1.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.67 | 1.19 | 1.32 | 1.41 | 1.51 |
| Avg | 0.51 | 0.87 | 1.27 | 1.35 | 1.45 |
| Low | 0.43 | 0.73 | 1.23 | 1.31 | 1.41 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 133.3% | 52.0% | 11.1% | 11.7% |
| Avg | - | 70.1% | 46.3% | 6.9% | 7.5% |
| Low | - | 42.5% | 41.9% | 3.7% | 4.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.