How to Buy Helix Energy Solutions Group Stock
Helix Energy Solutions Group Inc
Helix Energy Solutions Group is a oil & gas equipment & service company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker HLX on the NYSE exchange.
Helix Energy Solutions Group stock last closed at $11.32, up 0.27% from the previous day, and has increased 58.77% in one year. It has overperformed other stocks in the Oil & Gas Equipment & Services industry by 0.29 percentage points. Helix Energy Solutions Group stock is currently +83.02% from its 52-week low of $6.19, and -6.75% from its 52-week high of $12.14.
As of Apr 26, 2024, there are 152.45M shares of HLX outstanding. The market value of HLX is $1.73B. In the last 24 hours, 1.57M HLX shares were traded.
How to Buy Helix Energy Solutions Group Stock
Not sure how to invest in Helix Energy Solutions Group stock? Here's how.
- Decide where to buy Helix Energy Solutions Group stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Helix Energy Solutions Group stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Choose your payment method and add your details.
- Evaluate Helix Energy Solutions Group stock: The Helix Energy Solutions Group ticker symbol is HLX. Is Helix Energy Solutions Group stock a good investment? Should you buy shares of HLX? How do HLX's underlying business fundamentals look? Do top analysts think Helix Energy Solutions Group is a good buy? Why has HLX's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if HLX is a good stock to buy).
- Make your HLX purchase: Decide if you will purchase HLX shares at the current market price or use a limit order to purchase HLX shares at a given price.
- Get the latest scoop on your HLX position: Create a watchlist to get live updates on your position in Helix Energy Solutions Group shares.
Step 1: Decide where to buy Helix Energy Solutions Group stock
You need a brokerage account to access the NYSE market and buy HLX stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal info so you can invest in HLX stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create a new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have finished signing up on the best stock trading app, you need to deposit funds:
Check out this video walkthrough if you need help transferring funds into your new investment account.
Step 4: Evaluate Helix Energy Solutions Group stock
After you have figured out the best place to buy Helix Energy Solutions Group stock, it's crucial to evaluate their stock prior to buying, so you truly understand the risk and upside.
Helix Energy Solutions Group shares quick numbers
Fundamentals of HLX
WallStreetZen was designed to help average investors do more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on HLX's stock page.
How is HLX stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge HLX's true value.
Using relative valuations methods:
- HLX may be undervalued based on its P/B ratio of 1.18x, relative to Oil & Gas Equipment & Services industry P/B ratio of 2.71x
You can access additional valuation analysis on HLX's stock here.
Is HLX a healthy company?
Signs that HLX is financially healthy:
- HLX profit margin has gone up from -5.2% to -2.4% in the past year.
- There are more short-term assets than short-term liabilities on the HLX balance sheet.
- HLX's operating cash flow of $222.33M allows it to safely service it's debt of $687.41M.
Signs that HLX is not financially healthy:
- HLX has a relatively high debt to equity ratio of 0.78.
- There are more long-term liabilities than short-term assets on the HLX balance sheet.
- Total HLX debt is higher than 5 years ago, relative to shareholder equity.
- HLX earnings of $5.34M is not enough to cover its interest payments.
Do Wall Street analysts think it's a good time to buy Helix Energy Solutions Group stock
Out of 1 Wall Street analysts who research HLX, the consensus analyst rating on HLX is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Helix Energy Solutions Group stock forecast page.
HLX Momentum
HLX Performance Numbers
Last year, HLX revenue was $1.34B. Over the last 5 year, HLX's revenue has increased by 12.47% per year. This was faster than the Oil & Gas Equipment & Services industry average of 9.28%.
Dive into HLX's earnings and revenue performance here.
Are HLX executives and large shareholders buying or selling the stock?
Over the past 12 months, executives and large shareholders at HLX have sold more shares than they have bought.
Owen E. Kratz, PRESIDENT CEO of HLX, was the latest HLX insider to sell. They sold $958,805.32 worth of HLX stock on Mar 6, 2024.
Dig into more about who owns HLX shares here.
Does HLX provide a stable income stream?
No, Helix Energy Solutions Group doesn't provide an income stream by paying out dividends.
What others are saying about HLX
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Make your HLX purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount, place a limit order.
Press the Open button and eToro will place your order.
If you require additional assistance investing in stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your HLX position
Now that you own some HLX stock, you'll want to keep up with your stock purchase.
Start a watchlist to monitor your HLX stock.
HLX Feed
How to Buy Stock in Helix Energy Solutions Group
To summarize, here are the 6 steps to buy stock in Helix Energy Solutions Group:
- Decide where to buy Helix Energy Solutions Group stock
- Open your brokerage account
- Fund your brokerage account
- Evaluate Helix Energy Solutions Group stock
- Make your HLX purchase
- Get the latest scoop on your HLX position
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Helix Energy Solutions Group, create a watchlist on WallStreetZen today.
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