Analyst Views And Outlook On Two Stocks: Helix Energy Solutions Group, Inc. (HLX), Enerplus Corporation (ERF)

Helix Energy Solutions Group, Inc. (NYSE:HLX) recorded a trading volume of 1.42 million shares, below its 90-day volume average of 1.69 million shares. The stock kicked off the session at $6.6 and later approached $6.37 with a change of -4.21%.

Helix Energy Solutions Group, Inc. (HLX) Analyst Opinion

Helix Energy Solutions Group, Inc. has a consensus outperform rating from 11 Wall Street analysts, and the number of shares currently sold short amount to at least 2.79% of shares outstanding. The stock sank -15.07% last month and is down -27.78 this year. Wall Street is only getting more bullish on the stock, with 8 of analysts who cover HLX having a buy-equivalent rating. Analysts have placed a $9.41 price target on Helix Energy Solutions Group, Inc., suggesting a 47.72% gain from recent close. It’s currently trading about -46.34% below its 52-week high.

Helix Energy Solutions Group, Inc. Earnings Surprise

Helix Energy Solutions Group, Inc. (HLX) failed to surprise the stock market in its last reported earnings when it earned $0.02 a piece versus the consensus-estimated $0.02. Its revenue totaled $168.2 million up 11.89% from the previous quarter.

Helix Energy Solutions Group, Inc. (NYSE:HLX) Intraday View

This stock (HLX) is ahead of its 52-week low with 32.16%. Its last month’s stock price volatility remained 4.57% which for the week stands at 4.11%. The share price has moved backward from its 20 days moving average, trading at a distance of -7.03% and stays -10.5% away from its 50 days moving average. Over the last five days, shares have faced -5.07% losses and now is down -3.51% since hitting its 200-day moving average of $6.38. Helix Energy Solutions Group, Inc. (HLX) has made its way to a 12-month decline of -45.6%.

Turning to Enerplus Corporation (NYSE:ERF), its shares were trading at $8.88 a retreat of $-0.39, on the trading floor. The stock, after opening at $9.16, touched a high of $9.17 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.1. Enerplus Corporation has 0 buy ratings, 3 holds and 0 sells even after the stock tumbled -14.04% from its high of $10.33 to a $2.15 billion market value through last close.

Enerplus Corporation (ERF) Consensus Price Target

The company’s consensus rating on Reuter’s scale improved from 2.17 to 2.25 during a month. Analysts set a 12-month price target of $11.29 a share. The target implies a 27.14% spike from where the shares are currently trading. Also, the current price highlights a discount of 108.33% to analysts’ high consensus price target.

Enerplus Corporation (NYSE:ERF) Intraday Trading

The counter witnessed a trading volume of 0.76 million shares versus an average volume of 0.98 million shares during last trading session. Its last month’s stock price volatility remained 3.45% which for the week approaches 2.77%. The lowest price the stock reached in the last trading day was $8.85 and compares with the $6.52 52-week low. The stock recovered 36.2% since its low point and has performed -6.33% year-to-date.

SHARE
Previous articleHot Stocks Report: Emerge Energy Services LP (EMES), Southwestern Energy Company (SWN)
Next articleAnalyst Views On Top Movers In Recent Trade: Lee Enterprises, Incorporated (LEE), Delphi Automotive PLC (DLPH)