Information Provided By:
Fly News Breaks for April 24, 2019
HLX
Apr 24, 2019 | 08:44 EDT
Johnson Rice analyst Martin Malloy upgraded Helix Energy to Buy with an $11 price target following the Q1 report. Malloy said management was more positive on the outlook for markets outside of the North Sea compared to previous years and the outlook for utilization is improving in the Gulf of Mexico market for Helix vessels. The analyst expects free cash flow to increase significantly following the final payment on the Q7000 during Q4 and raised his FY19 earnings estimate to 30c from 25c and maintained his FY20 estimate of 45c.
News For HLX From the Last 2 Days
There are no results for your query HLX
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.